Zurcher Kantonalbank Zurich Cantonalbank Has $165,000 Stock Position in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 13.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 16,709 shares of the company’s stock after purchasing an additional 1,933 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Duckhorn Portfolio were worth $165,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NAPA. FMR LLC raised its holdings in shares of Duckhorn Portfolio by 215.2% during the third quarter. FMR LLC now owns 2,458,073 shares of the company’s stock worth $25,220,000 after acquiring an additional 1,678,271 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Duckhorn Portfolio by 18.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,418,767 shares of the company’s stock valued at $35,077,000 after purchasing an additional 544,305 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Duckhorn Portfolio by 102.9% in the third quarter. Assenagon Asset Management S.A. now owns 851,549 shares of the company’s stock valued at $8,737,000 after purchasing an additional 431,925 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Duckhorn Portfolio by 66.2% during the third quarter. Wellington Management Group LLP now owns 1,081,027 shares of the company’s stock worth $11,091,000 after buying an additional 430,595 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Duckhorn Portfolio by 5.8% during the third quarter. Vanguard Group Inc. now owns 4,855,487 shares of the company’s stock worth $49,817,000 after buying an additional 264,257 shares in the last quarter.

Insider Buying and Selling at Duckhorn Portfolio

In other Duckhorn Portfolio news, insider Deirdre Mahlan sold 29,681 shares of the company’s stock in a transaction on Thursday, March 28th. The shares were 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 in the company, valued at $965,365.70. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Sean B.A. Sullivan sold 25,000 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 125,326 shares in the company, valued at $1,126,680.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Deirdre Mahlan sold 29,681 shares of the business’s stock in a transaction on 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 owns 104,590 shares of the company’s stock, valued at $965,365.70. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

Duckhorn Portfolio Stock Down 1.2 %

Duckhorn Portfolio stock opened at $7.95 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 6.85 and a quick ratio of 1.13. The company’s 50-day moving average is $8.79 and its 200-day moving average is $9.37. The firm has a market capitalization of $917.51 million, a PE ratio of 14.21, a P/E/G ratio of 7.24 and a beta of 0.28. The Duckhorn Portfolio, Inc. has a fifty-two week low of $7.49 and a fifty-two week high of $14.63.

Duckhorn Portfolio (NYSE:NAPA) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.17 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.17. Duckhorn Portfolio had a return on equity of 7.27% and a net margin of 16.62%. The firm had revenue of $103.05 million for the quarter, compared to the consensus estimate of $106.38 million. During the same quarter in the previous year, the business earned $0.17 earnings per share. Sell-side analysts anticipate that The Duckhorn Portfolio, Inc. will post 0.56 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.