The Duckhorn Portfolio, Inc. (NYSE:NAPA) Shares Purchased by Isthmus Partners LLC

Isthmus Partners LLC increased its stake in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 39.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,232 shares of the company’s stock after acquiring an additional 9,940 shares during the period. Isthmus Partners LLC’s holdings in Duckhorn Portfolio were worth $205,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale acquired a new stake in Duckhorn Portfolio in the third quarter valued at approximately $31,000. Barnett & Company Inc. acquired a new stake in Duckhorn Portfolio in the third quarter valued at approximately $73,000. Simon Quick Advisors LLC acquired a new stake in Duckhorn Portfolio in the second quarter valued at approximately $85,000. Intech Investment Management LLC acquired a new stake in Duckhorn Portfolio in the third quarter valued at approximately $86,000. Finally, ZWJ Investment Counsel Inc. acquired a new stake in Duckhorn Portfolio in the third quarter valued at approximately $88,000.

Wall Street Analyst Weigh In

NAPA has been the topic of several research analyst reports. Royal Bank of Canada lowered Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and raised their price objective for the company from $11.00 to $11.10 in a report on Friday, October 11th. Barclays raised their price objective on Duckhorn Portfolio from $6.00 to $11.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Duckhorn Portfolio has an average rating of “Hold” and an average price target of $9.85.

Duckhorn Portfolio Stock Performance

NYSE NAPA opened at $11.00 on Friday. The company has a market cap of $1.62 billion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 9.46 and a beta of 0.02. The stock’s 50 day simple moving average is $9.92 and its 200-day simple moving average is $8.04. The Duckhorn Portfolio, Inc. has a 1-year low of $5.38 and a 1-year high of $11.10. The company has a debt-to-equity ratio of 0.24, a current ratio of 8.05 and a quick ratio of 1.33.

Duckhorn Portfolio (NYSE:NAPA) last released its earnings results on Monday, October 7th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.04. The business had revenue of $107.40 million for the quarter, compared to the consensus estimate of $104.76 million. Duckhorn Portfolio had a return on equity of 6.24% and a net margin of 13.81%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 earnings per share. As a group, equities research analysts anticipate that The Duckhorn Portfolio, Inc. will post 0.6 EPS for the current fiscal year.

Duckhorn Portfolio Company 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.