Barclays PLC lifted its stake in shares of Duluth Holdings Inc (NASDAQ:DLTH – Free Report) by 101.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,318 shares of the company’s stock after purchasing an additional 46,527 shares during the period. Barclays PLC’s holdings in Duluth were worth $347,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Yarger Wealth Strategies LLC acquired a new position in shares of Duluth in the 2nd quarter worth approximately $53,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Duluth during the second quarter worth $72,000. Squarepoint Ops LLC acquired a new position in Duluth in the second quarter worth $138,000. International Assets Investment Management LLC increased its stake in 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 purchasing an additional 30,922 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Duluth during the second quarter worth $226,000. 24.39% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on DLTH shares. StockNews.com lowered shares of Duluth from a “buy” rating to a “hold” rating in a research note on Wednesday, December 11th. Robert W. Baird dropped their price target on Duluth from $4.00 to $3.50 and set a “neutral” rating on the stock in a research report on Friday, December 6th.
Duluth Stock Up 3.4 %
Duluth stock opened at $3.02 on Friday. The firm has a market capitalization of $96.08 million, a P/E ratio of -3.05 and a beta of 1.35. The company has a 50-day simple moving average of $3.50 and a 200-day simple moving average of $3.64. Duluth Holdings Inc has a one year low of $2.81 and a one year high of $5.38. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.30 and a current ratio of 1.30.
Duluth Company 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.
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