Vontobel Holding Ltd. Buys 31,819 Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Vontobel Holding Ltd. grew its stake in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 13.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 261,698 shares of the company’s stock after acquiring an additional 31,819 shares during the quarter. Vontobel Holding Ltd.’s holdings in Duckhorn Portfolio were worth $2,578,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NAPA. Vanguard Group Inc. increased its stake in shares of Duckhorn Portfolio by 5.8% in the 3rd quarter. Vanguard Group Inc. now owns 4,855,487 shares of the company’s stock valued at $49,817,000 after purchasing an additional 264,257 shares during the last quarter. BlackRock Inc. grew its position in Duckhorn Portfolio by 17.3% in the second quarter. BlackRock Inc. now owns 3,659,341 shares of the company’s stock valued at $47,462,000 after acquiring an additional 539,940 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Duckhorn Portfolio by 18.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,418,767 shares of the company’s stock valued at $35,077,000 after acquiring an additional 544,305 shares during the last quarter. Wasatch Advisors LP raised its stake in Duckhorn Portfolio by 0.6% during the first quarter. Wasatch Advisors LP now owns 3,094,314 shares of the company’s stock worth $49,200,000 after acquiring an additional 17,643 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Duckhorn Portfolio by 658.5% in the second quarter. Goldman Sachs Group Inc. now owns 2,592,582 shares of the company’s stock worth $33,626,000 after acquiring an additional 2,250,778 shares during the last quarter.

Analysts Set New Price Targets

Several brokerages recently issued reports on NAPA. Bank of America lowered shares of Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $11.00 to $8.00 in a report on Tuesday, February 13th. Barclays cut Duckhorn Portfolio from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $11.00 to $8.00 in a research note on Thursday. Finally, TheStreet raised Duckhorn Portfolio from a “d” rating to a “c” rating in a research note on Monday, March 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $12.94.

Insider Activity at Duckhorn Portfolio

In other Duckhorn Portfolio news, insider Deirdre Mahlan sold 29,681 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $9.23, for a total value of $273,955.63. Following the transaction, the insider now directly owns 104,590 shares of the company’s stock, valued at $965,365.70. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other 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 value of $224,750.00. Following the completion of the sale, the insider now directly owns 125,326 shares in the company, valued at approximately $1,126,680.74. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Deirdre Mahlan sold 29,681 shares of the business’s stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $9.23, for a total value of $273,955.63. Following the completion of the sale, the insider now directly owns 104,590 shares of the company’s stock, valued at $965,365.70. The disclosure for this sale can be found here. 1.30% of the stock is owned by corporate insiders.

Duckhorn Portfolio Stock Down 3.2 %

Shares of NYSE NAPA opened at $7.99 on Friday. The company’s 50 day moving average price is $9.06 and its 200-day moving average price is $9.54. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 6.85. The Duckhorn Portfolio, Inc. has a 52-week low of $7.78 and a 52-week high of $15.37. The company has a market capitalization of $922.13 million, a P/E ratio of 14.02, a price-to-earnings-growth ratio of 7.21 and a beta of 0.25.

Duckhorn Portfolio (NYSE:NAPA) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.17 EPS for the quarter, meeting analysts’ consensus estimates of $0.17. Duckhorn Portfolio had a net margin of 16.62% and a return on equity of 7.27%. The business had revenue of $103.05 million for the quarter, compared to analysts’ expectations of $106.38 million. During the same quarter in the prior year, the firm posted $0.17 earnings per share. Equities analysts forecast that The Duckhorn Portfolio, Inc. will post 0.59 earnings per share for the current year.

Duckhorn Portfolio 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.