114,246 Shares in Oatly Group AB (NASDAQ:OTLY) Bought by Walleye Capital LLC

Walleye Capital LLC acquired a new stake in shares of Oatly Group AB (NASDAQ:OTLY) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 114,246 shares of the company’s stock, valued at approximately $98,000.

Several other large investors have also bought and sold shares of the stock. Massachusetts Financial Services Co. MA lifted its stake in Oatly Group by 4.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 7,701,722 shares of the company’s stock valued at $6,580,000 after acquiring an additional 358,978 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in Oatly Group by 19.6% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,895,635 shares of the company’s stock valued at $6,746,000 after acquiring an additional 1,292,592 shares in the last quarter. GSA Capital Partners LLP lifted its stake in Oatly Group by 3.6% during the 3rd quarter. GSA Capital Partners LLP now owns 2,264,754 shares of the company’s stock valued at $1,935,000 after acquiring an additional 78,831 shares in the last quarter. Privium Fund Management B.V. bought a new position in Oatly Group during the 3rd quarter valued at $60,000. Finally, Shikiar Asset Management Inc. bought a new position in Oatly Group during the 3rd quarter valued at $999,000. 68.15% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Oatly Group to a “strong-buy” rating in a research note on Monday, November 11th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1.27.

Oatly Group Trading Down 1.4 %

NASDAQ OTLY opened at $0.70 on Friday. The stock has a market capitalization of $415.05 million, a price-to-earnings ratio of -1.01 and a beta of 1.99. Oatly Group AB has a one year low of $0.60 and a one year high of $1.40. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.62 and a quick ratio of 0.47. The business’s fifty day moving average is $0.75 and its 200-day moving average is $0.88.

Oatly Group (NASDAQ:OTLY) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.06) earnings per share for the quarter, hitting the consensus estimate of ($0.06). Oatly Group had a negative return on equity of 76.54% and a negative net margin of 50.33%. The company had revenue of $208.00 million during the quarter, compared to analyst estimates of $207.87 million. During the same quarter last year, the firm posted ($0.07) EPS. Equities research analysts predict that Oatly Group AB will post -0.25 EPS for the current year.

About Oatly Group

Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.