5,374 Shares in Dutch Bros Inc. (NYSE:BROS) Acquired by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC bought a new stake in Dutch Bros Inc. (NYSE:BROS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,374 shares of the company’s stock, valued at approximately $281,000.

A number of other large investors have also recently bought and sold shares of the stock. Jamison Private Wealth Management Inc. lifted its position in shares of Dutch Bros by 150.2% in the third quarter. Jamison Private Wealth Management Inc. now owns 833 shares of the company’s stock valued at $27,000 after acquiring an additional 500 shares in the last quarter. Hollencrest Capital Management raised its stake in Dutch Bros by 52.3% in the 3rd quarter. Hollencrest Capital Management now owns 914 shares of the company’s stock valued at $29,000 after purchasing an additional 314 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in Dutch Bros in the 3rd quarter valued at about $36,000. nVerses Capital LLC purchased a new stake in shares of Dutch Bros during the third quarter worth about $38,000. Finally, Fortitude Family Office LLC acquired a new position in shares of Dutch Bros in the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 85.54% of the company’s stock.

Dutch Bros Stock Down 1.3 %

BROS opened at $60.13 on Monday. Dutch Bros Inc. has a 1 year low of $25.46 and a 1 year high of $61.33. The firm has a 50 day moving average price of $54.79 and a 200 day moving average price of $42.06. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.68 and a current ratio of 1.90. The company has a market cap of $9.27 billion, a PE ratio of 207.34, a price-to-earnings-growth ratio of 3.34 and a beta of 2.71.

Dutch Bros (NYSE:BROS) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.04. The company had revenue of $338.20 million during the quarter, compared to analyst estimates of $324.97 million. Dutch Bros had a net margin of 2.54% and a return on equity of 5.48%. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.08 earnings per share. Sell-side analysts expect that Dutch Bros Inc. will post 0.39 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. TD Cowen raised their target price on shares of Dutch Bros from $47.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Jefferies Financial Group raised their price objective on Dutch Bros from $60.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. UBS Group upped their target price on Dutch Bros from $44.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, December 6th. JPMorgan Chase & Co. raised their price target on Dutch Bros from $48.00 to $58.00 and gave the stock an “overweight” rating in a research note on Thursday, December 19th. Finally, Barclays raised shares of 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 note on Tuesday, January 7th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $58.00.

Insider Buying and Selling at Dutch Bros

In other news, Chairman Travis Boersma sold 285,462 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $33.38, for a total value of $9,528,721.56. Following the completion of the transaction, the chairman now directly owns 9,817 shares in the company, valued at approximately $327,691.46. This represents a 96.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Dm Individual Aggregator, Llc sold 115,854 shares of Dutch Bros stock in a transaction on Friday, November 1st. The stock was sold at an average price of $33.38, for a total transaction of $3,867,206.52. Following the sale, the insider now directly owns 9,817 shares in the company, valued at $327,691.46. This trade represents a 92.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 439,655 shares of company stock valued at $14,679,518 over the last three months. 46.50% of the stock is owned by company insiders.

About Dutch Bros

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.