Oatly Group AB (NASDAQ:OTLY) Shares Bought by Green Alpha Advisors LLC

Green Alpha Advisors LLC increased its position in Oatly Group AB (NASDAQ:OTLY) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 686,776 shares of the company’s stock after acquiring an additional 38,363 shares during the period. Green Alpha Advisors LLC’s holdings in Oatly Group were worth $455,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of OTLY. Sanctuary Advisors LLC increased its stake in shares of Oatly Group by 33.9% in the third quarter. Sanctuary Advisors LLC now owns 55,778 shares of the company’s stock valued at $48,000 after purchasing an additional 14,116 shares during the period. Jane Street Group LLC grew its holdings in Oatly Group by 134.8% in the 3rd quarter. Jane Street Group LLC now owns 143,256 shares of the company’s stock worth $128,000 after buying an additional 82,242 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in Oatly Group in the 3rd quarter valued at approximately $85,000. Portolan Capital Management LLC raised its stake in Oatly Group by 8.3% during the 3rd quarter. Portolan Capital Management LLC now owns 4,745,911 shares of the company’s stock valued at $4,055,000 after acquiring an additional 361,832 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in Oatly Group during the 3rd quarter worth $98,000. 68.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Oatly Group to a “strong-buy” rating in a research note on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1.27.

Oatly Group Price Performance

Shares of NASDAQ:OTLY opened at $0.65 on Monday. The stock’s 50 day moving average price is $0.69 and its 200 day moving average price is $0.83. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.62 and a quick ratio of 0.47. The stock has a market cap of $387.50 million, a price-to-earnings ratio of -0.94 and a beta of 1.97. Oatly Group AB has a 12 month low of $0.60 and a 12 month high of $1.40.

Oatly Group (NASDAQ:OTLY) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.06) earnings per share for the quarter, meeting the consensus estimate of ($0.06). The business had revenue of $208.00 million during the quarter, compared to analyst estimates of $207.87 million. Oatly Group had a negative return on equity of 76.54% and a negative net margin of 50.33%. During the same quarter in the prior year, the firm posted ($0.07) earnings per share. Equities research analysts anticipate that Oatly Group AB will post -0.25 earnings per share for the current fiscal year.

Oatly Group Profile

Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.