River Road Asset Management LLC Has $19.24 Million Holdings in The Duckhorn Portfolio, Inc. (NYSE:NAPA)

River Road Asset Management LLC grew its position in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 6.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,312,046 shares of the company’s stock after buying an additional 190,498 shares during the quarter. River Road Asset Management LLC owned approximately 2.25% of Duckhorn Portfolio worth $19,243,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. DekaBank Deutsche Girozentrale bought a new stake in Duckhorn Portfolio during the 3rd quarter worth approximately $31,000. Simon Quick Advisors LLC acquired a new position in Duckhorn Portfolio in the second quarter worth $85,000. ZWJ Investment Counsel Inc. bought a new stake in shares of Duckhorn Portfolio during the third quarter worth $88,000. Ballentine Partners LLC acquired a new stake in shares of Duckhorn Portfolio in the third quarter valued at $89,000. Finally, nVerses Capital LLC raised its holdings in shares of Duckhorn Portfolio by 458.6% in the third quarter. nVerses Capital LLC now owns 16,200 shares of the company’s stock valued at $94,000 after buying an additional 13,300 shares during the last quarter.

Duckhorn Portfolio Stock Up 0.1 %

Shares of NYSE NAPA opened at $10.98 on Tuesday. The Duckhorn Portfolio, Inc. has a 1 year low of $5.38 and a 1 year high of $11.08. The firm’s 50-day moving average is $8.02 and its 200-day moving average is $7.66. The company has a current ratio of 8.05, a quick ratio of 1.33 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.62 billion, a PE ratio of 23.36, a price-to-earnings-growth ratio of 9.45 and a beta of 0.02.

Duckhorn Portfolio (NYSE:NAPA) last released its earnings results on Monday, October 7th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.04. The firm had revenue of $107.40 million during the quarter, compared to analyst estimates of $104.76 million. Duckhorn Portfolio had a net margin of 13.81% and a return on equity of 6.24%. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 EPS. Equities analysts expect that The Duckhorn Portfolio, Inc. will post 0.6 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on NAPA shares. Barclays increased their price objective on shares of Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 8th. Royal Bank of Canada cut shares of Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and increased their price target for the company from $11.00 to $11.10 in a research note on Friday, October 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Duckhorn Portfolio presently has a consensus rating of “Hold” and a consensus target price of $10.30.

Duckhorn Portfolio Profile

The Duckhorn Portfolio, Inc produces and sells wines in North America. The company offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. It sells wines to distributors, and directly to retail accounts and consumers.