Maven Securities LTD acquired a new stake in shares of Oatly Group AB Sponsored ADR (NASDAQ:OTLY – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 45,516 shares of the company’s stock, valued at approximately $426,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS Group AG increased its position in shares of Oatly Group by 1.5% in the third quarter. UBS Group AG now owns 646,591 shares of the company’s stock worth $10,475,000 after acquiring an additional 9,620 shares in the last quarter. Credit Agricole S A acquired a new stake in shares of Oatly Group during the third quarter valued at approximately $2,098,000. Renaissance Technologies LLC lifted its position in shares of Oatly Group by 74.5% in the 1st quarter. Renaissance Technologies LLC now owns 51,513 shares of the company’s stock valued at $522,000 after acquiring an additional 22,000 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Oatly Group by 80.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock valued at $294,000 after acquiring an additional 12,249 shares in the last quarter. Finally, R Squared Ltd boosted its stake in Oatly Group by 77.1% in the 1st quarter. R Squared Ltd now owns 25,609 shares of the company’s stock worth $260,000 after purchasing an additional 11,145 shares during the period. 68.15% of the stock is currently owned by institutional investors and hedge funds.
Oatly Group Price Performance
NASDAQ OTLY opened at $13.52 on Wednesday. The company has a debt-to-equity ratio of 43.43, a current ratio of 0.43 and a quick ratio of 0.30. The firm has a market capitalization of $431.45 million, a price-to-earnings ratio of -3.27 and a beta of 1.80. The company has a 50 day simple moving average of $12.84 and a 200-day simple moving average of $11.26. Oatly Group AB Sponsored ADR has a 52-week low of $8.01 and a 52-week high of $18.22.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on OTLY shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Oatly Group in a research report on Wednesday, June 24th. Barclays restated an “overweight” rating and issued a $12.00 target price (down from $14.00) on shares of Oatly Group in a report on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $14.14.
Read Our Latest Stock Analysis on OTLY
Oatly Group Company Profile
Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.
Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.
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