Cwm LLC Acquires 6,401 Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Cwm LLC raised its holdings in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 1,406.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,856 shares of the company’s stock after buying an additional 6,401 shares during the period. Cwm LLC’s holdings in Duckhorn Portfolio were worth $68,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of NAPA. AdvisorShares Investments LLC lifted its position in Duckhorn Portfolio by 10.5% during the third quarter. AdvisorShares Investments LLC now owns 11,998 shares of the company’s stock valued at $123,000 after purchasing an additional 1,137 shares in the last quarter. Swiss National Bank grew its stake in shares of Duckhorn Portfolio by 1.1% during the 3rd quarter. Swiss National Bank now owns 114,000 shares of the company’s stock valued at $1,170,000 after acquiring an additional 1,200 shares during the period. Quantbot Technologies LP increased its holdings in Duckhorn Portfolio by 3.5% in the 3rd quarter. Quantbot Technologies LP now owns 40,157 shares of the company’s stock worth $412,000 after acquiring an additional 1,375 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Duckhorn Portfolio by 13.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,709 shares of the company’s stock worth $165,000 after acquiring an additional 1,933 shares during the period. Finally, Teacher Retirement System of Texas lifted its holdings in Duckhorn Portfolio by 16.5% during the third quarter. Teacher Retirement System of Texas now owns 13,712 shares of the company’s stock valued at $141,000 after purchasing an additional 1,938 shares in the last quarter.

Duckhorn Portfolio Trading Down 1.2 %

Shares of NAPA stock opened at $7.95 on Thursday. The stock’s 50-day moving average price is $8.79 and its 200-day moving average price is $9.37. The Duckhorn Portfolio, Inc. has a 12-month low of $7.49 and a 12-month high of $14.63. The stock has a market capitalization of $917.51 million, a price-to-earnings ratio of 13.95, a price-to-earnings-growth ratio of 7.24 and a beta of 0.28. The company has a current ratio of 6.85, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28.

Duckhorn Portfolio (NYSE:NAPA) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.17. Duckhorn Portfolio had a return on equity of 7.27% and a net margin of 16.62%. The business had revenue of $103.05 million for the quarter, compared to analysts’ expectations of $106.38 million. During the same period in the prior year, the firm earned $0.17 EPS. Equities research analysts predict that The Duckhorn Portfolio, Inc. will post 0.56 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. TheStreet upgraded shares of Duckhorn Portfolio from a “d” rating to a “c” rating in a research report on Monday, March 18th. Bank of America downgraded Duckhorn Portfolio from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $11.00 to $8.00 in a research report on Tuesday, February 13th. Barclays cut Duckhorn Portfolio from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $11.00 to $8.00 in a research report on Thursday, April 18th. Finally, Wedbush lowered their price target on Duckhorn Portfolio from $11.00 to $10.00 and set an “outperform” rating on the stock in a report on Thursday, May 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Duckhorn Portfolio currently has a consensus rating of “Hold” and an average price target of $12.31.

Insider Buying and Selling at Duckhorn Portfolio

In other news, insider Sean B.A. Sullivan sold 25,000 shares of the company’s stock in a transaction dated Tuesday, April 9th. The shares were 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 in the company, valued at approximately $1,126,680.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, insider Sean B.A. Sullivan sold 25,000 shares of the stock in a transaction on 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 owns 125,326 shares in the company, valued at approximately $1,126,680.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Deirdre Mahlan sold 29,681 shares of Duckhorn Portfolio stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $9.23, for a total transaction 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 disclosure for this sale can be found here. 1.30% of the stock is owned by company insiders.

About Duckhorn Portfolio

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.