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

River Road Asset Management LLC boosted its position in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 6.1% in the third quarter, Holdings Channel reports. The firm owned 3,312,046 shares of the company’s stock after purchasing an additional 190,498 shares during the period. River Road Asset Management LLC’s holdings in Duckhorn Portfolio were worth $19,243,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. DekaBank Deutsche Girozentrale bought a new stake in shares of Duckhorn Portfolio in the third quarter worth about $31,000. Simon Quick Advisors LLC acquired a new stake in Duckhorn Portfolio during the 2nd quarter worth approximately $85,000. Canada Pension Plan Investment Board bought a new position in Duckhorn Portfolio in the second quarter valued at approximately $101,000. Bayesian Capital Management LP bought a new position in Duckhorn Portfolio in the first quarter valued at approximately $133,000. Finally, Bleakley Financial Group LLC acquired a new position in shares of Duckhorn Portfolio in the first quarter valued at approximately $136,000.

Analysts Set New Price Targets

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

Duckhorn Portfolio Stock Up 0.1 %

Shares of NAPA stock opened at $10.98 on Tuesday. The firm’s fifty day moving average price is $8.02 and its two-hundred day moving average price 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 Duckhorn Portfolio, Inc. has a 1 year low of $5.38 and a 1 year high of $11.08. The firm has a market capitalization of $1.62 billion, a P/E ratio of 23.36, a PEG 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.04. Duckhorn Portfolio had a return on equity of 6.24% and a net margin of 13.81%. The business had revenue of $107.40 million for the quarter, compared to the consensus estimate of $104.76 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. Duckhorn Portfolio’s quarterly revenue was up 7.3% on a year-over-year basis. On average, equities analysts predict that The Duckhorn Portfolio, Inc. will post 0.6 EPS for the current fiscal year.

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.