Willamette Valley Vineyards (NASDAQ:WVVI) Receives New Coverage from Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the stock.

Willamette Valley Vineyards Stock Down 2.0 %

Willamette Valley Vineyards stock opened at $4.42 on Tuesday. The firm has a market capitalization of $21.92 million, a PE ratio of -6.80 and a beta of 0.70. The company’s 50-day moving average is $5.05 and its 200-day moving average is $5.24. Willamette Valley Vineyards has a fifty-two week low of $4.42 and a fifty-two week high of $6.59. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.33 and a quick ratio of 0.28.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Tuesday, March 26th. The company reported ($0.15) earnings per share for the quarter. The firm had revenue of $10.75 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 4.09% and a negative net margin of 3.06%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Willamette Valley Vineyards by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock valued at $1,931,000 after buying an additional 8,461 shares during the last quarter. Creative Planning grew its position in shares of Willamette Valley Vineyards by 99.4% during the 3rd quarter. Creative Planning now owns 31,100 shares of the company’s stock worth $183,000 after purchasing an additional 15,500 shares in the last quarter. NewEdge Advisors LLC acquired a new position in shares of Willamette Valley Vineyards during the 2nd quarter worth approximately $81,000. Finally, UBS Group AG grew its position in shares of Willamette Valley Vineyards by 42.9% during the 1st quarter. UBS Group AG now owns 5,663 shares of the company’s stock worth $51,000 after purchasing an additional 1,700 shares in the last quarter. Institutional investors and hedge funds own 12.24% of the company’s stock.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.