4,274 Shares in Dutch Bros Inc. $BROS Purchased by ROI Financial Advisors LLC

ROI Financial Advisors LLC acquired a new stake in shares of Dutch Bros Inc. (NYSE:BROS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,274 shares of the company’s stock, valued at approximately $292,000.

Other large investors have also bought and sold shares of the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Dutch Bros during the first quarter valued at approximately $31,000. Banque Transatlantique SA bought a new position in Dutch Bros in the 1st quarter valued at approximately $38,000. Kiker Wealth Management LLC boosted its stake in Dutch Bros by 4,423.1% during the 2nd quarter. Kiker Wealth Management LLC now owns 588 shares of the company’s stock valued at $40,000 after purchasing an additional 575 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Dutch Bros by 85.3% in the 1st quarter. GAMMA Investing LLC now owns 821 shares of the company’s stock worth $51,000 after purchasing an additional 378 shares in the last quarter. Finally, Stone House Investment Management LLC purchased a new position in shares of Dutch Bros in the first quarter worth $54,000. 85.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Mizuho raised Dutch Bros to a “strong-buy” rating in a research report on Tuesday, October 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dutch Bros in a report on Wednesday, October 8th. Melius Research upgraded shares of Dutch Bros to a “strong-buy” rating in a research note on Monday, July 14th. Morgan Stanley increased their price objective on shares of Dutch Bros from $84.00 to $86.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Finally, Barclays dropped their target price on shares of Dutch Bros from $92.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Four research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $77.00.

Insider Transactions at Dutch Bros

In other news, major shareholder Dm Individual Aggregator, Llc sold 482,750 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $65.17, for a total value of $31,460,817.50. Following the transaction, the insider owned 1,279,144 shares of the company’s stock, valued at $83,361,814.48. This trade represents a 27.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Travis Boersma sold 787,681 shares of Dutch Bros stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $68.94, for a total value of $54,302,728.14. Following the transaction, the chairman directly owned 975,031 shares in the company, valued at approximately $67,218,637.14. The trade was a 44.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,161,101 shares of company stock valued at $207,633,882. Company insiders own 42.40% of the company’s stock.

Dutch Bros Price Performance

Shares of NYSE:BROS opened at $55.83 on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.64 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $9.19 billion, a PE ratio of 118.79, a price-to-earnings-growth ratio of 2.72 and a beta of 2.56. The firm’s 50 day moving average price is $58.10 and its 200-day moving average price is $63.13. Dutch Bros Inc. has a twelve month low of $33.80 and a twelve month high of $86.88.

Dutch Bros (NYSE:BROS) last announced its earnings results on Wednesday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. The company had revenue of $415.81 million during the quarter, compared to analyst estimates of $403.24 million. Dutch Bros had a net margin of 3.94% and a return on equity of 8.86%. The firm’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.19 earnings per share. Equities research analysts expect that Dutch Bros Inc. will post 0.57 EPS for the current year.

About Dutch Bros

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.