Duluth Holdings Inc (NASDAQ:DLTH) Holdings Cut by Jane Street Group LLC

Jane Street Group LLC lowered its holdings in Duluth Holdings Inc (NASDAQ:DLTH) by 25.9% during the third quarter, HoldingsChannel.com reports. The fund owned 78,858 shares of the company’s stock after selling 27,617 shares during the period. Jane Street Group LLC’s holdings in Duluth were worth $297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Yarger Wealth Strategies LLC bought a new stake in shares of Duluth during the second quarter valued at approximately $53,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Duluth during the second quarter valued at approximately $72,000. Squarepoint Ops LLC bought a new stake in shares of Duluth during the second quarter valued at approximately $138,000. International Assets Investment Management LLC raised its holdings in shares of Duluth by 301.7% during the third quarter. International Assets Investment Management LLC now owns 41,172 shares of the company’s stock valued at $155,000 after buying an additional 30,922 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Duluth during the second quarter valued at approximately $226,000. Institutional investors own 24.39% of the company’s stock.

Duluth Price Performance

NASDAQ DLTH opened at $2.88 on Friday. Duluth Holdings Inc has a 12 month low of $2.81 and a 12 month high of $5.38. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.30 and a quick ratio of 0.30. The firm has a market capitalization of $91.62 million, a PE ratio of -2.91 and a beta of 1.35. The company’s 50 day simple moving average is $3.44 and its 200 day simple moving average is $3.62.

Analyst Ratings Changes

DLTH has been the topic of a number of recent analyst reports. StockNews.com cut Duluth from a “buy” rating to a “hold” rating in a report on Wednesday, December 11th. Robert W. Baird lowered their price objective on shares of Duluth from $4.00 to $3.50 and set a “neutral” rating on the stock in a research note on Friday, December 6th.

Duluth Profile

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.