Ollie’s Bargain Outlet Holdings, Inc. $OLLI Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its holdings in shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 25.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,240 shares of the company’s stock after selling 19,408 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.09% of Ollie’s Bargain Outlet worth $7,350,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Private Trust Co. NA grew its holdings in Ollie’s Bargain Outlet by 71.3% during the third quarter. Private Trust Co. NA now owns 245 shares of the company’s stock worth $31,000 after acquiring an additional 102 shares during the period. Assetmark Inc. grew its stake in shares of Ollie’s Bargain Outlet by 44.8% during the 2nd quarter. Assetmark Inc. now owns 265 shares of the company’s stock worth $35,000 after purchasing an additional 82 shares during the period. MAI Capital Management increased its holdings in shares of Ollie’s Bargain Outlet by 28.5% in the 2nd quarter. MAI Capital Management now owns 397 shares of the company’s stock valued at $52,000 after purchasing an additional 88 shares in the last quarter. HM Payson & Co. lifted its stake in shares of Ollie’s Bargain Outlet by 31.7% in the third quarter. HM Payson & Co. now owns 544 shares of the company’s stock valued at $70,000 after purchasing an additional 131 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of Ollie’s Bargain Outlet by 15.7% in the third quarter. Farther Finance Advisors LLC now owns 809 shares of the company’s stock valued at $104,000 after purchasing an additional 110 shares during the period.

Ollie’s Bargain Outlet Stock Up 1.1%

NASDAQ OLLI opened at $113.13 on Monday. Ollie’s Bargain Outlet Holdings, Inc. has a fifty-two week low of $94.88 and a fifty-two week high of $141.74. The business has a fifty day moving average of $115.81 and a 200-day moving average of $125.06. The stock has a market cap of $6.94 billion, a price-to-earnings ratio of 31.25, a price-to-earnings-growth ratio of 2.00 and a beta of 0.48.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.04. Ollie’s Bargain Outlet had a net margin of 8.81% and a return on equity of 12.86%. The business had revenue of $613.62 million during the quarter, compared to the consensus estimate of $613.63 million. During the same period in the previous year, the firm posted $0.58 earnings per share. The company’s quarterly revenue was up 18.6% compared to the same quarter last year. Ollie’s Bargain Outlet has set its FY 2025 guidance at 3.810-3.870 EPS. As a group, analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc. will post 3.29 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. The Goldman Sachs Group restated a “buy” rating and set a $162.00 target price on shares of Ollie’s Bargain Outlet in a research report on Wednesday, December 10th. Morgan Stanley decreased their price target on Ollie’s Bargain Outlet from $145.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 10th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ollie’s Bargain Outlet in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ollie’s Bargain Outlet in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada set a $140.00 target price on Ollie’s Bargain Outlet in a report on Wednesday, December 10th. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $142.14.

Ollie’s Bargain Outlet Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.