Capital Impact Advisors LLC increased its stake in Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI) in the third quarter by 8.9% in its latest Form 13F document to the Securities & Exchange Commission. The Fund held 31,747 shares of the company's share capital after acquiring 2,550 new shares during the second quarter. Ollie's Bargain Outlet accounts for 1.0% of Capital Impact Advisors LLC's holdings, so the number of shares is 17th. Capital Impact Advisors LLC held about 0.05 percent of Ollie's Bargain Outlet, worth $ 2 995 000 for its latest applications with the Securities & Exchange Commission.
Several other institutional investors and the hedge fund have also recently increased or reduced their stake in the business. Cerebellum GP LLC acquired a new position in Ollie's Bargain Outlet shares in the second quarter of $ 178,000. Cim LLC acquired a new position in Ollie's Bargain Outlet shares in the second quarter of $ 204,000. Zeke Capital Advisors LLC acquired a new position in Ollie's Bargain Outlet shares in the second quarter of $ 212,000. Verition Fund Management LLC acquired a new position in Ollie's Bargain Outlet shares in the second quarter of $ 214,000. Finally, Alambic Investment Management L.P. acquired a new position in Ollie's Bargain Outlet shares in the second quarter to $ 218,000. Hedge funds and other institutional investors own 88.78% of the company's stock.
NASDAQ OLLI dropped $ 1.47 during trading on Friday when it dropped to $ 91.28. The company's trading volume was 508,709, with an average of 642,902 shares. The company's current ratio is 2.51, a fast ratio of 0.31 and an indebtedness of 0.01. Ollie's Bargain Outlet Holdings Inc. has one year low $ 42.36 and one year's highest $ 97.61. The company has a market value of $ 5.75 billion, a PE ratio of 73.02, a price-earnings-growth ratio of 2.09 and a beta 0.37.
Ollie's Bargain Outlet (NASDAQ: OLLI) finally released quarterly earnings on Wednesday, September 5th. The company reported $ 0.40 for EPS in the quarter, exceeding Thomson Reuters' consensus forecast for $ 0.36 $ 0.04. Ollie's Bargain Outlet had a net margin of 12.88% and a return on equity of 12.48%. Net sales for the business were $ 288.10 million in the quarter, compared to analysts' estimates of $ 284.19 million. During the same period last year, the company earned $ 0.27 in EPS. The company's net sales in the quarter increased by 13.1% on the previous year. On average, the seller-side analysts predict that Olliein Bargain Outlet Holdings Inc. will release 1.75 ansaintaosaketta in the current year.
OLLI has been the subject of several research analytical reports. Morgan Stanley raised his price target for Ollie's Bargain Outlet shares from $ 63.00 to $ 69.00 and issued a stock rating of "equivalent" rating on Tuesday, July 17. BidaskClub raised the shares of Ollie's Bargain Outlet from the "buy" rating to the "strong-buy" rating in a research post on Friday, July 20. The Bank of America raised its shares from Ollie's Bargain Outlet to "lower" classified as a "buy" rating in a research journal on Monday, August 20. Piper Jaffray companies confirmed an overweight rating and gave Ollie $ 99.00 a price target for Ollie's Bargain Outlet on Tuesday 28 August. Finally, Zacks Investment Research cut off the shares of Ollie's Bargain Outlet from the "buy" rating to the "hold" rating in a research journal on Thursday, August 30. Seven investment analysts have listed a stock exchange stock market, ten have issued the bid and one has issued a strong bid for the share. The company currently has an average "Buy" rating and consensus price target of $ 88.25.
In other Ollie's Bargain Outlet news, CEO Mark L. Butler sold 90,000 shares of the company's shares on Wednesday, 3 October. Shares sold on average $ 94.49 with a total value of $ 8,504,100.00. The sale was made available to the Securities and Exchange Commission through a document that can be used on the SEC's website. VP Kenneth Robert Bertram also sold 6,750 shares of the company's shares on Wednesday, August 22. The stock was sold at an average price of $ 78.99 when the purchase price was $ 533,182.50. After the completion of the transaction, the Executive Vice President has 17,217 shares of the company's value of $ 1,359,970.83. The details of this sale can be found here. Insiders sold a total of 402,087 company shares worth 36,324,903 in the last 90 days. The company's insider hold 20.27% of the company's shares.
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Ollie's Bargain Outlet Profile
Ollie's Bargain Outlet Holdings, Inc. is a retailer of branded merchandise. The company offers food, household goods, books and stationery, bedding and bathrobes, floor coverings, electronics and toys; and other products, including hardware, personal healthcare, candy, clothing, sports, pet and lawn products and garden products.
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