Thrivent Financial For Lutherans lifted its holdings in Duluth Holdings Inc (NASDAQ:DLTH) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 600,597 shares of the company’s stock after purchasing an additional 26,190 shares during the quarter. Thrivent Financial For Lutherans owned 2.06% of Duluth worth $10,721,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in DLTH. JPMorgan Chase & Co. bought a new stake in shares of Duluth in the third quarter worth $158,000. TIAA CREF Investment Management LLC lifted its position in shares of Duluth by 5.7% in the second quarter. TIAA CREF Investment Management LLC now owns 26,115 shares of the company’s stock worth $476,000 after purchasing an additional 1,397 shares in the last quarter. Ironwood Investment Management LLC bought a new stake in shares of Duluth in the fourth quarter worth $683,000. Alexandria Capital LLC bought a new stake in shares of Duluth in the fourth quarter worth $1,301,000. Finally, Geode Capital Management LLC lifted its position in shares of Duluth by 34.0% in the fourth quarter. Geode Capital Management LLC now owns 108,113 shares of the company’s stock worth $1,929,000 after purchasing an additional 27,458 shares in the last quarter. 43.25% of the stock is currently owned by institutional investors and hedge funds.
Shares of Duluth Holdings Inc (NASDAQ:DLTH) opened at $18.39 on Wednesday. The company has a current ratio of 2.47, a quick ratio of 0.27 and a debt-to-equity ratio of 0.59. Duluth Holdings Inc has a 1 year low of $15.13 and a 1 year high of $23.42. The stock has a market cap of $532.19, a price-to-earnings ratio of 33.87, a price-to-earnings-growth ratio of 0.95 and a beta of 0.13.
A number of analysts have recently commented on DLTH shares. Raymond James Financial reissued a “hold” rating on shares of Duluth in a research report on Thursday, December 7th. BidaskClub raised shares of Duluth from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Zacks Investment Research lowered shares of Duluth from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. BMO Capital Markets set a $18.00 price objective on shares of Duluth and gave the stock a “hold” rating in a research report on Thursday, December 7th. Finally, DA Davidson set a $25.00 price objective on shares of Duluth and gave the stock a “buy” rating in a research report on Monday, November 27th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $22.00.
Duluth Holdings Inc is a lifestyle brand of men’s and women’s casual wear, workwear and accessories. The Company offers a line of functional products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Company’s segments include direct and retail. The direct segment includes revenues from the Company’s Website and catalogs.
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