TIAA CREF Investment Management LLC increased its position in shares of Duluth Holdings Inc. (NASDAQ:DLTH) by 5.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,115 shares of the company’s stock after purchasing an additional 1,397 shares during the quarter. TIAA CREF Investment Management LLC owned 0.08% of Duluth Holdings worth $476,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wells Fargo & Company MN lifted its position in Duluth Holdings by 254.3% during the second quarter. Wells Fargo & Company MN now owns 48,669 shares of the company’s stock worth $886,000 after purchasing an additional 34,931 shares during the period. Franklin Resources Inc. lifted its position in Duluth Holdings by 24.9% during the second quarter. Franklin Resources Inc. now owns 796,098 shares of the company’s stock worth $14,497,000 after purchasing an additional 158,489 shares during the period. Bank of New York Mellon Corp lifted its position in Duluth Holdings by 87.2% during the second quarter. Bank of New York Mellon Corp now owns 336,659 shares of the company’s stock worth $6,130,000 after purchasing an additional 156,857 shares during the period. Denver Investment Advisors LLC lifted its position in Duluth Holdings by 109.1% during the second quarter. Denver Investment Advisors LLC now owns 54,870 shares of the company’s stock worth $999,000 after purchasing an additional 28,625 shares during the period. Finally, Dupont Capital Management Corp bought a new stake in Duluth Holdings during the second quarter worth about $280,000. 34.14% of the stock is owned by institutional investors and hedge funds.

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In other news, Director William E. Ferry sold 28,400 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $20.10, for a total value of $570,840.00. Following the completion of the transaction, the director now owns 2,032 shares of the company’s stock, valued at $40,843.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Allen L. Dittrich sold 15,000 shares of the stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $19.65, for a total transaction of $294,750.00. Following the completion of the transaction, the senior vice president now directly owns 226,221 shares of the company’s stock, valued at approximately $4,445,242.65. The disclosure for this sale can be found here. Insiders sold 102,200 shares of company stock valued at $2,026,738 in the last three months. Company insiders own 70.38% of the company’s stock.

Several research firms recently weighed in on DLTH. Robert W. Baird reaffirmed a “buy” rating on shares of Duluth Holdings in a research report on Friday, September 8th. Raymond James Financial, Inc. cut shares of Duluth Holdings from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 23rd. BMO Capital Markets set a $30.00 price objective on shares of Duluth Holdings and gave the stock a “buy” rating in a research report on Tuesday, August 8th. BidaskClub raised shares of Duluth Holdings from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Finally, Zacks Investment Research raised shares of Duluth Holdings from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Tuesday, August 8th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $26.51.

Duluth Holdings Inc. (DLTH) opened at $18.14 on Friday. The company has a market cap of $527.78, a PE ratio of 31.28, a PEG ratio of 1.30 and a beta of 0.19. The company has a quick ratio of 0.30, a current ratio of 2.54 and a debt-to-equity ratio of 0.17. Duluth Holdings Inc. has a fifty-two week low of $16.01 and a fifty-two week high of $38.19.

Duluth Holdings (NASDAQ:DLTH) last posted its earnings results on Tuesday, September 5th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $86.20 million during the quarter, compared to analysts’ expectations of $82.51 million. Duluth Holdings had a net margin of 4.64% and a return on equity of 17.05%. The business’s revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.11 earnings per share. equities research analysts forecast that Duluth Holdings Inc. will post 0.7 EPS for the current fiscal year.

Duluth Holdings Profile

Duluth Holdings Inc is a lifestyle brand of men’s and women’s casual wear, workwear and accessories. The Company offers a line of functional products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Company’s segments include direct and retail. The direct segment includes revenues from the Company’s Website and catalogs.

Institutional Ownership by Quarter for Duluth Holdings (NASDAQ:DLTH)

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