Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) was up 3.8% during trading on Monday . The stock traded as high as $25.76 and last traded at $25.70, with a volume of 400,088 shares. The stock had previously closed at $24.76.

Several equities research analysts have recently commented on OLLI shares. Piper Jaffray Cos. upgraded Ollie’s Bargain Outlet Holdings from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $22.00 to $28.00 in a research note on Thursday, April 7th. Johnson Rice assumed coverage on Ollie’s Bargain Outlet Holdings in a research note on Wednesday, June 1st. They issued a “buy” rating for the company. Credit Suisse Group AG reiterated a “hold” rating on shares of Ollie’s Bargain Outlet Holdings in a research note on Thursday, April 7th. Zacks Investment Research upgraded Ollie’s Bargain Outlet Holdings from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Saturday, April 9th. Finally, Jefferies Group increased their price target on Ollie’s Bargain Outlet Holdings from $23.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, April 7th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $25.38.

The firm’s 50-day moving average price is $24.49 and its 200 day moving average price is $22.94. The stock has a market capitalization of $1.57 billion and a PE ratio of 37.52.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last posted its earnings results on Wednesday, June 1st. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. The business had revenue of $193.72 million for the quarter, compared to analyst estimates of $190.44 million. The business’s revenue was up 19.2% compared to the same quarter last year. Equities research analysts forecast that Ollie’s Bargain Outlet Holdings Inc. will post $0.87 EPS for the current year.

In related news, SVP Kevin Mclain sold 10,000 shares of the business’s stock in a transaction on Monday, July 11th. The shares were sold at an average price of $25.00, for a total transaction of $250,000.00. Following the completion of the transaction, the senior vice president now directly owns 10,000 shares in the company, valued at $250,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Ccmp Capital, Lp sold 27,951,440 shares of the business’s stock in a transaction on Friday, June 10th. The shares were sold at an average price of $25.00, for a total transaction of $698,786,000.00. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have bought and sold shares of OLLI. Eagle Asset Management Inc. increased its position in Ollie’s Bargain Outlet Holdings by 4.8% in the fourth quarter. Eagle Asset Management Inc. now owns 88,426 shares of the company’s stock worth $1,504,000 after buying an additional 4,071 shares in the last quarter. State of New Jersey Common Pension Fund D increased its position in Ollie’s Bargain Outlet Holdings by 27.6% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 92,500 shares of the company’s stock worth $1,573,000 after buying an additional 20,000 shares in the last quarter. Finally, J. Goldman & Co LP increased its position in Ollie’s Bargain Outlet Holdings by 83.4% in the fourth quarter. J. Goldman & Co LP now owns 525,000 shares of the company’s stock worth $8,930,000 after buying an additional 238,700 shares in the last quarter.

Ollie’s Bargain Outlet Holdings, Inc is a retailer of closeouts, excess inventory and salvage merchandise. The Company, through its wholly owned subsidiary, Ollie’s Bargain Outlet, Inc, offers products of various categories, including housewares, food, books and stationery, bed and bath, floor coverings, toys and hardware.

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