Willamette Valley Vineyards (NASDAQ:WVVI) Releases Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) issued its quarterly earnings data on Tuesday. The company reported ($0.15) EPS for the quarter, reports. The firm had revenue of $10.75 million for the quarter. Willamette Valley Vineyards had a negative net margin of 3.06% and a negative return on equity of 4.09%.

Willamette Valley Vineyards Trading Down 4.4 %

NASDAQ:WVVI opened at $5.01 on Friday. The company has a current ratio of 2.33, a quick ratio of 0.32 and a debt-to-equity ratio of 0.25. Willamette Valley Vineyards has a twelve month low of $4.63 and a twelve month high of $6.59. The firm’s fifty day simple moving average is $5.14 and its 200 day simple moving average is $5.33.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Willamette Valley Vineyards in a research report on Saturday, March 23rd. They set a “hold” rating for the company.

Institutional Investors Weigh In On Willamette Valley Vineyards

Several institutional investors and hedge funds have recently modified their holdings of WVVI. Vanguard Group Inc. raised its stake in Willamette Valley Vineyards by 4.1% in the first quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock worth $1,931,000 after buying an additional 8,461 shares in the last quarter. UBS Group AG raised its position in shares of Willamette Valley Vineyards by 42.9% in the 1st quarter. UBS Group AG now owns 5,663 shares of the company’s stock worth $51,000 after acquiring an additional 1,700 shares in the last quarter. NewEdge Advisors LLC purchased a new position in shares of Willamette Valley Vineyards in the 2nd quarter valued at approximately $81,000. Finally, Creative Planning boosted its position in shares of Willamette Valley Vineyards by 99.4% during the third quarter. Creative Planning now owns 31,100 shares of the company’s stock valued at $183,000 after purchasing an additional 15,500 shares in the last quarter. 12.24% of the stock is owned by hedge funds and other institutional investors.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.