Capstone Investment Advisors LLC Invests $1.39 Million in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Capstone Investment Advisors LLC purchased a new stake in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 148,948 shares of the company’s stock, valued at approximately $1,387,000. Capstone Investment Advisors LLC owned approximately 0.13% of Duckhorn Portfolio as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in NAPA. Allspring Global Investments Holdings LLC increased its holdings in shares of Duckhorn Portfolio by 9.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 18,456 shares of the company’s stock worth $172,000 after purchasing an additional 1,555 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Duckhorn Portfolio by 13.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,709 shares of the company’s stock worth $165,000 after buying an additional 1,933 shares in the last quarter. Gotham Asset Management LLC raised its position in Duckhorn Portfolio by 14.7% in the 3rd quarter. Gotham Asset Management LLC now owns 36,309 shares of the company’s stock worth $373,000 after buying an additional 4,646 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Duckhorn Portfolio by 94.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,289 shares of the company’s stock valued at $101,000 after acquiring an additional 4,992 shares during the period. Finally, CWM LLC lifted its stake in Duckhorn Portfolio by 1,406.8% during the 4th quarter. CWM LLC now owns 6,856 shares of the company’s stock valued at $68,000 after acquiring an additional 6,401 shares during the period.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on NAPA shares. Citigroup reduced their price target on shares of Duckhorn Portfolio from $11.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, June 7th. Royal Bank of Canada lowered their price target on Duckhorn Portfolio from $14.00 to $11.00 and set an “outperform” rating on the stock in a report on Wednesday, May 29th. Barclays lowered Duckhorn Portfolio from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $11.00 to $8.00 in a report on Thursday, April 18th. TheStreet raised Duckhorn Portfolio from a “d” rating to a “c” rating in a report on Monday, March 18th. Finally, Wedbush dropped their target price on Duckhorn Portfolio from $11.00 to $10.00 and set an “outperform” rating on the stock in a research report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Duckhorn Portfolio presently has a consensus rating of “Hold” and an average target price of $9.86.

Duckhorn Portfolio Stock Performance

NYSE:NAPA traded down $0.12 during mid-day trading on Friday, hitting $6.91. 653,508 shares of the company traded hands, compared to its average volume of 807,232. The company has a quick ratio of 1.04, a current ratio of 8.09 and a debt-to-equity ratio of 0.24. The stock’s fifty day moving average price is $7.73 and its 200-day moving average price is $8.62. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 6.93 and a beta of 0.24. The Duckhorn Portfolio, Inc. has a one year low of $6.87 and a one year high of $13.15.

Duckhorn Portfolio (NYSE:NAPA) last announced its quarterly earnings data on Thursday, June 6th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.13. Duckhorn Portfolio had a return on equity of 6.45% and a net margin of 15.69%. The company had revenue of $92.53 million during the quarter, compared to the consensus estimate of $92.19 million. Research analysts anticipate that The Duckhorn Portfolio, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Activity

In other Duckhorn Portfolio news, insider Sean B.A. Sullivan sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $8.99, for a total transaction of $224,750.00. Following the sale, the insider now directly owns 125,326 shares of the company’s stock, valued at $1,126,680.74. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.30% of the company’s stock.

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.