GSA Capital Partners LLP Invests $620,000 in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

GSA Capital Partners LLP bought a new position in The Duckhorn Portfolio, Inc. (NYSE:NAPA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 106,758 shares of the company’s stock, valued at approximately $620,000. GSA Capital Partners LLP owned about 0.07% of Duckhorn Portfolio as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Duckhorn Portfolio by 3.7% in the first quarter. Vanguard Group Inc. now owns 5,274,221 shares of the company’s stock worth $49,103,000 after purchasing an additional 190,083 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Duckhorn Portfolio by 2.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,831,391 shares of the company’s stock worth $27,203,000 after purchasing an additional 98,038 shares during the last quarter. Westwood Holdings Group Inc. grew its holdings in shares of Duckhorn Portfolio by 4.0% in the second quarter. Westwood Holdings Group Inc. now owns 3,663,304 shares of the company’s stock worth $26,009,000 after purchasing an additional 140,113 shares during the last quarter. River Road Asset Management LLC grew its holdings in shares of Duckhorn Portfolio by 6.1% in the third quarter. River Road Asset Management LLC now owns 3,312,046 shares of the company’s stock worth $19,243,000 after purchasing an additional 190,498 shares during the last quarter. Finally, Kennedy Capital Management LLC grew its holdings in shares of Duckhorn Portfolio by 41.2% in the first quarter. Kennedy Capital Management LLC now owns 457,681 shares of the company’s stock worth $4,261,000 after purchasing an additional 133,579 shares during the last quarter.

Duckhorn Portfolio Stock Performance

Shares of Duckhorn Portfolio stock opened at $11.05 on Tuesday. The company has a current ratio of 8.05, a quick ratio of 1.33 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.63 billion, a P/E ratio of 23.50, a P/E/G ratio of 9.50 and a beta of 0.02. The business has a fifty day simple moving average of $8.97 and a two-hundred day simple moving average of $7.85. The Duckhorn Portfolio, Inc. has a 12 month low of $5.38 and a 12 month high of $11.07.

Duckhorn Portfolio (NYSE:NAPA) last posted its quarterly earnings results on Monday, October 7th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.04. The firm had revenue of $107.40 million during the quarter, compared to analyst estimates of $104.76 million. Duckhorn Portfolio had a return on equity of 6.24% and a net margin of 13.81%. Duckhorn Portfolio’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. On average, equities analysts forecast that The Duckhorn Portfolio, Inc. will post 0.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NAPA has been the topic of several recent analyst reports. Barclays raised their target price on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Royal Bank of Canada cut shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from $11.00 to $11.10 in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $9.85.

Duckhorn Portfolio Company Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.