Stifel Financial Corp Has $442,000 Stock Position in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Stifel Financial Corp lowered its stake in The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 1.6% during the third quarter, HoldingsChannel.com reports. The firm owned 75,991 shares of the company’s stock after selling 1,218 shares during the period. Stifel Financial Corp’s holdings in Duckhorn Portfolio were worth $442,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA increased its position in shares of Duckhorn Portfolio by 2.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,831,391 shares of the company’s stock valued at $27,203,000 after buying an additional 98,038 shares in the last quarter. Westwood Holdings Group Inc. boosted its stake in Duckhorn Portfolio by 4.0% in the 2nd quarter. Westwood Holdings Group Inc. now owns 3,663,304 shares of the company’s stock worth $26,009,000 after purchasing an additional 140,113 shares during the period. River Road Asset Management LLC increased its holdings in Duckhorn Portfolio by 6.1% during the 3rd quarter. River Road Asset Management LLC now owns 3,312,046 shares of the company’s stock worth $19,243,000 after purchasing an additional 190,498 shares in the last quarter. Verition Fund Management LLC raised its stake in shares of Duckhorn Portfolio by 21.9% in the 3rd quarter. Verition Fund Management LLC now owns 1,478,234 shares of the company’s stock valued at $8,589,000 after purchasing an additional 265,255 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Duckhorn Portfolio by 10.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 407,060 shares of the company’s stock valued at $2,365,000 after purchasing an additional 37,030 shares in the last quarter.

Wall Street Analyst Weigh In

NAPA has been the subject of several research reports. Royal Bank of Canada cut shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from $11.00 to $11.10 in a research note on Friday, October 11th. Jefferies Financial Group cut Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price target for the company. in a research report on Friday, December 6th. Finally, Barclays upped their price target on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Duckhorn Portfolio currently has a consensus rating of “Hold” and a consensus target price of $10.01.

Duckhorn Portfolio Price Performance

NAPA opened at $11.09 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.61 and a current ratio of 3.73. The stock has a fifty day moving average of $11.03 and a 200-day moving average of $8.48. The Duckhorn Portfolio, Inc. has a fifty-two week low of $5.38 and a fifty-two week high of $11.11. The company has a market capitalization of $1.63 billion, a P/E ratio of 26.40, a P/E/G ratio of 11.35 and a beta of 0.03.

Duckhorn Portfolio (NYSE:NAPA) last announced its earnings results on Monday, October 7th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.10 by $0.04. The company had revenue of $107.40 million for the quarter, compared to analysts’ expectations of $104.76 million. Duckhorn Portfolio had a net margin of 12.12% and a return on equity of 6.30%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $0.14 earnings per share. On average, equities analysts expect that The Duckhorn Portfolio, Inc. will post 0.6 EPS for the current year.

Duckhorn Portfolio 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.