Crossmark Global Holdings Inc. purchased a new position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,620 shares of the company’s stock, valued at approximately $678,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. grew its stake in Ollie’s Bargain Outlet Holdings by 213,381.5% during the 1st quarter. BlackRock Inc. now owns 4,826,816 shares of the company’s stock worth $161,699,000 after buying an additional 4,824,555 shares during the last quarter. Capital World Investors purchased a new position in Ollie’s Bargain Outlet Holdings during the 2nd quarter worth $38,979,000. Kayne Anderson Rudnick Investment Management LLC grew its stake in Ollie’s Bargain Outlet Holdings by 27.6% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,150,502 shares of the company’s stock worth $91,611,000 after buying an additional 464,939 shares during the last quarter. State Street Corp grew its stake in Ollie’s Bargain Outlet Holdings by 53.7% during the 2nd quarter. State Street Corp now owns 1,232,162 shares of the company’s stock worth $52,491,000 after buying an additional 430,682 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Ollie’s Bargain Outlet Holdings by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 4,143,766 shares of the company’s stock worth $138,816,000 after buying an additional 266,158 shares during the last quarter. 91.48% of the stock is owned by hedge funds and other institutional investors.

OLLI has been the topic of several research analyst reports. Bank of America Corporation restated a “buy” rating and set a $52.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research note on Tuesday, September 5th. Jefferies Group LLC restated a “buy” rating and set a $50.00 target price (up from $48.00) on shares of Ollie’s Bargain Outlet Holdings in a research note on Thursday, August 31st. Zacks Investment Research upgraded Ollie’s Bargain Outlet Holdings from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research note on Wednesday, August 30th. BidaskClub downgraded Ollie’s Bargain Outlet Holdings from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 10th. Finally, KeyCorp restated a “buy” rating and set a $50.00 target price on shares of Ollie’s Bargain Outlet Holdings in a research note on Friday, September 29th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Ollie’s Bargain Outlet Holdings currently has an average rating of “Buy” and an average target price of $47.58.

In other Ollie’s Bargain Outlet Holdings news, CEO Mark L. Butler sold 110,059 shares of the business’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $46.02, for a total transaction of $5,064,915.18. Following the sale, the chief executive officer now owns 4,770,421 shares in the company, valued at approximately $219,534,774.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Mark L. Butler sold 334,200 shares of the business’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $46.02, for a total value of $15,379,884.00. Following the sale, the chief executive officer now owns 4,770,421 shares in the company, valued at approximately $219,534,774.42. The disclosure for this sale can be found here. In the last quarter, insiders have sold 692,871 shares of company stock worth $31,879,134. Company insiders own 22.25% of the company’s stock.

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Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) opened at $43.30 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.29 and a current ratio of 2.80. The firm has a market capitalization of $2,699.07, a PE ratio of 40.69, a price-to-earnings-growth ratio of 1.90 and a beta of 0.16. Ollie’s Bargain Outlet Holdings, Inc. has a one year low of $27.75 and a one year high of $46.90.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last posted its quarterly earnings results on Tuesday, August 29th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The business had revenue of $254.60 million for the quarter, compared to the consensus estimate of $242.85 million. Ollie’s Bargain Outlet Holdings had a return on equity of 10.44% and a net margin of 7.60%. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 EPS. equities research analysts forecast that Ollie’s Bargain Outlet Holdings, Inc. will post 1.19 earnings per share for the current year.

About Ollie’s Bargain Outlet Holdings

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers customers a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. Its warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.

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Institutional Ownership by Quarter for Ollie`s Bargain Outlet Holdings (NASDAQ:OLLI)

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