19,461 Shares in Duluth Holdings Inc (NASDAQ:DLTH) Purchased by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Duluth Holdings Inc (NASDAQ:DLTH) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 19,461 shares of the company’s stock, valued at approximately $72,000.

Several other institutional investors and hedge funds have also bought and sold shares of DLTH. Heartland Advisors Inc. bought a new position in shares of Duluth during the first quarter valued at approximately $1,470,000. Vanguard Group Inc. boosted its stake in shares of Duluth by 1.8% during the 1st quarter. Vanguard Group Inc. now owns 858,973 shares of the company’s stock valued at $4,209,000 after purchasing an additional 15,018 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Duluth during the first quarter valued at about $73,000. Empowered Funds LLC raised its stake in Duluth by 8.0% in the first quarter. Empowered Funds LLC now owns 78,029 shares of the company’s stock worth $382,000 after buying an additional 5,775 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in Duluth by 896.4% in the first quarter. BNP Paribas Financial Markets now owns 39,985 shares of the company’s stock worth $196,000 after buying an additional 35,972 shares during the period. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Duluth Stock Up 0.8 %

Shares of NASDAQ:DLTH opened at $3.82 on Monday. The firm has a market capitalization of $121.10 million, a P/E ratio of -9.32 and a beta of 1.34. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.30 and a current ratio of 1.63. The stock has a 50 day moving average price of $3.64 and a 200-day moving average price of $4.02. Duluth Holdings Inc has a 52-week low of $3.09 and a 52-week high of $6.02.

Duluth (NASDAQ:DLTH) last released its earnings results on Thursday, August 29th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.10. Duluth had a negative net margin of 2.35% and a negative return on equity of 5.52%. The firm had revenue of $141.62 million for the quarter, compared to the consensus estimate of $132.30 million. During the same period in the prior year, the firm earned ($0.06) EPS. As a group, equities research analysts anticipate that Duluth Holdings Inc will post -0.16 EPS for the current fiscal year.

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.