Trade Report: Today, Ollie’s Bargain Outlet Holdings Inc. (OLLI) Stake Held by DUPONT CAPITAL MANAGEMENT Corp

Today, Ollie’s Bargain Outlet Holdings Inc. (OLLI) Stake Held by DUPONT CAPITAL MANAGEMENT Corp

DUPONT CAPITAL MANAGEMENT Corp held its position in Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) during the third quarter, Holdings Channel reports. The fund owned 18,620 shares of the company’s stock at the end of the third quarter. DUPONT CAPITAL MANAGEMENT Corp’s holdings in Ollie’s Bargain Outlet Holdings were worth $488,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in OLLI. SevenBridge Financial Group LLC purchased a new stake in shares of Ollie’s Bargain Outlet Holdings during the second quarter valued at approximately $116,000. Barclays PLC raised its stake in shares of Ollie’s Bargain Outlet Holdings by 844.7% in the second quarter. Barclays PLC now owns 4,799 shares of the company’s stock valued at $119,000 after buying an additional 4,291 shares in the last quarter. BlackRock Group LTD raised its stake in shares of Ollie’s Bargain Outlet Holdings by 88.7% in the second quarter. BlackRock Group LTD now owns 5,172 shares of the company’s stock valued at $129,000 after buying an additional 2,431 shares in the last quarter. BlackRock Inc. raised its stake in shares of Ollie’s Bargain Outlet Holdings by 1,347.8% in the second quarter. BlackRock Inc. now owns 5,849 shares of the company’s stock valued at $145,000 after buying an additional 5,445 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in shares of Ollie’s Bargain Outlet Holdings by 694.8% in the second quarter. Tower Research Capital LLC TRC now owns 6,557 shares of the company’s stock valued at $163,000 after buying an additional 5,732 shares in the last quarter.

Ollie’s Bargain Outlet Holdings Inc. (NASDAQ:OLLI) traded down 0.63% during midday trading on Friday, hitting $31.80. The stock had a trading volume of 304,068 shares. The stock has a market cap of $1.92 billion, a P/E ratio of 41.30 and a beta of 0.08. Ollie’s Bargain Outlet Holdings Inc. has a 12-month low of $15.86 and a 12-month high of $32.67. The company’s 50-day moving average price is $28.14 and its 200 day moving average price is $26.12.

Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) last posted its quarterly earnings data on Wednesday, August 31st. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The business had revenue of $211.30 million for the quarter, compared to analyst estimates of $207.61 million. Ollie’s Bargain Outlet Holdings had a return on equity of 8.91% and a net margin of 5.80%. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 earnings per share. On average, equities research analysts predict that Ollie’s Bargain Outlet Holdings Inc. will post $0.90 earnings per share for the current fiscal year.

Several brokerages have commented on OLLI. Zacks Investment Research lowered Ollie’s Bargain Outlet Holdings from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. RBC Capital Markets restated an “outperform” rating and set a $32.00 price target (up from $30.00) on shares of Ollie’s Bargain Outlet Holdings in a research note on Thursday, September 1st. MKM Partners began coverage on Ollie’s Bargain Outlet Holdings in a research note on Friday, October 14th. They set a “buy” rating and a $33.00 price target for the company. Royal Bank Of Canada upped their price target on Ollie’s Bargain Outlet Holdings from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Thursday, September 1st. Finally, Jefferies Group upped their price target on Ollie’s Bargain Outlet Holdings from $30.00 to $31.00 and gave the stock a “buy” rating in a research note on Thursday, September 1st. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Ollie’s Bargain Outlet Holdings presently has a consensus rating of “Buy” and a consensus target price of $28.22.

In other Ollie’s Bargain Outlet Holdings news, VP Kenneth Robert Bertram sold 10,000 shares of Ollie’s Bargain Outlet Holdings stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $28.49, for a total transaction of $284,900.00. Following the sale, the vice president now directly owns 7,500 shares of the company’s stock, valued at $213,675. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Omar Segura sold 15,334 shares of Ollie’s Bargain Outlet Holdings stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $32.06, for a total value of $491,608.04. Following the sale, the senior vice president now directly owns 15,334 shares in the company, valued at $491,608.04. The disclosure for this sale can be found here. 21.80% of the stock is owned by insiders.

About Ollie’s Bargain Outlet Holdings

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers deals on closeouts, excess inventory and salvage merchandise. The Company’s product offerings include food, such as packaged food, including coffee, bottled non-carbonated beverages, salty snacks, condiments, sauces, spices, dry pasta, canned goods, cereal and cookies; housewares, such as cooking utensils, dishes, appliances, storage and garbage bags, detergents and cleaning supplies, cookware and glassware, frames and giftware; books and stationery, such as novels, business, cooking, inspirational and coffee table books along with digital versatile discs (DVDs), greeting cards and various office supplies and party goods, and bed and bath, such as household goods, including bedding, towels, curtains and associated hardware.

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