Taylor & Morgan Wealth Management LLC Purchases 5,000 Shares of Duluth Holdings Inc (NASDAQ:DLTH)

Taylor & Morgan Wealth Management LLC raised its position in Duluth Holdings Inc (NASDAQ:DLTH) by 22.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,000 shares of the company’s stock after acquiring an additional 5,000 shares during the period. Taylor & Morgan Wealth Management LLC owned about 0.08% of Duluth worth $83,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Duluth during the 2nd quarter valued at $72,000. JPMorgan Chase & Co. grew its holdings in shares of Duluth by 106.5% during the third quarter. JPMorgan Chase & Co. now owns 32,464 shares of the company’s stock worth $122,000 after purchasing an additional 16,743 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Duluth in the second quarter valued at $138,000. International Assets Investment Management LLC raised its holdings in shares of Duluth by 301.7% in the third quarter. International Assets Investment Management LLC now owns 41,172 shares of the company’s stock valued at $155,000 after buying an additional 30,922 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new position in Duluth during the 2nd quarter worth about $226,000. Institutional investors own 24.39% of the company’s stock.

Duluth Stock Down 0.3 %

Shares of NASDAQ:DLTH opened at $3.04 on Friday. The company has a 50 day moving average price of $3.34 and a two-hundred day moving average price of $3.58. The company has a market capitalization of $96.70 million, a PE ratio of -3.07 and a beta of 1.35. Duluth Holdings Inc has a 52 week low of $2.80 and a 52 week high of $5.15. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.16 and a current ratio of 1.30.

Analysts Set New Price Targets

Several analysts have recently commented on DLTH shares. Robert W. Baird decreased their price target on shares of Duluth from $4.00 to $3.50 and set a “neutral” rating on the stock in a research note on Friday, December 6th. StockNews.com lowered Duluth from a “buy” rating to a “hold” rating in a research report on Wednesday, December 11th.

Duluth Profile

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.