Duluth Holdings Inc (NASDAQ:DLTH) Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP increased its stake in Duluth Holdings Inc (NASDAQ:DLTH) by 288.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 104,763 shares of the company’s stock after acquiring an additional 77,825 shares during the quarter. GSA Capital Partners LLP owned approximately 0.33% of Duluth worth $394,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Duluth by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 858,973 shares of the company’s stock worth $4,209,000 after purchasing an additional 15,018 shares during the last quarter. Virtu Financial LLC purchased a new stake in Duluth during the 1st quarter worth approximately $73,000. Cubist Systematic Strategies LLC acquired a new position in shares of Duluth during the second quarter valued at approximately $226,000. BNP Paribas Financial Markets lifted its position in shares of Duluth by 896.4% in the first quarter. BNP Paribas Financial Markets now owns 39,985 shares of the company’s stock valued at $196,000 after acquiring an additional 35,972 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in Duluth by 301.7% in the 3rd quarter. International Assets Investment Management LLC now owns 41,172 shares of the company’s stock valued at $155,000 after purchasing an additional 30,922 shares during the last quarter. 24.39% of the stock is currently owned by institutional investors and hedge funds.

Duluth Stock Up 0.3 %

DLTH stock opened at $3.66 on Friday. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average of $3.80 and a two-hundred day moving average of $3.79. Duluth Holdings Inc has a 12 month low of $3.09 and a 12 month high of $5.82. The company has a market cap of $115.91 million, a price-to-earnings ratio of -7.93 and a beta of 1.34.

Duluth (NASDAQ:DLTH) last announced its quarterly earnings data on Thursday, August 29th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.10. The firm had revenue of $141.62 million for the quarter, compared to the consensus estimate of $132.30 million. Duluth had a negative return on equity of 5.52% and a negative net margin of 2.35%. During the same quarter last year, the business posted ($0.06) earnings per share. As a group, analysts forecast that Duluth Holdings Inc will post -0.16 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Duluth from a “buy” rating to a “hold” rating in a research note on Thursday, October 17th.

About Duluth

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.