Yorktown Management & Research Co Inc Takes $540,000 Position in Dutch Bros Inc. (NYSE:BROS)

Yorktown Management & Research Co Inc bought a new stake in shares of Dutch Bros Inc. (NYSE:BROS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,300 shares of the company’s stock, valued at approximately $540,000.

Other large investors have also recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Dutch Bros during the 3rd quarter valued at approximately $573,000. Baillie Gifford & Co. bought a new position in shares of Dutch Bros during the 3rd quarter valued at approximately $224,461,000. Charles Schwab Investment Management Inc. grew its position in Dutch Bros by 35.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 687,527 shares of the company’s stock valued at $22,021,000 after acquiring an additional 181,636 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Dutch Bros by 38.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 212,834 shares of the company’s stock valued at $6,817,000 after acquiring an additional 58,623 shares during the last quarter. Finally, Clear Creek Financial Management LLC bought a new position in Dutch Bros in the 4th quarter valued at $288,000. Institutional investors own 85.54% of the company’s stock.

Dutch Bros Trading Up 2.0 %

Dutch Bros stock opened at $64.60 on Wednesday. The stock has a 50-day moving average of $56.31 and a two-hundred day moving average of $43.12. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.68 and a current ratio of 1.90. Dutch Bros Inc. has a one year low of $25.46 and a one year high of $64.92. The stock has a market cap of $9.96 billion, a PE ratio of 222.78, a price-to-earnings-growth ratio of 3.58 and a beta of 2.73.

Dutch Bros (NYSE:BROS) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The company had revenue of $338.20 million during the quarter, compared to analysts’ expectations of $324.97 million. Dutch Bros had a return on equity of 5.48% and a net margin of 2.54%. The firm’s revenue was up 27.9% compared to the same quarter last year. During the same period last year, the business posted $0.08 earnings per share. On average, research analysts anticipate that Dutch Bros Inc. will post 0.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on BROS. Wedbush upped their price objective on Dutch Bros from $45.00 to $55.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Barclays raised Dutch Bros from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $38.00 to $70.00 in a research report on Tuesday, January 7th. UBS Group increased their price target on Dutch Bros from $44.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. Baird R W raised Dutch Bros from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. increased their price target on Dutch Bros from $48.00 to $58.00 and gave the stock an “overweight” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $60.09.

Dutch Bros Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.