International Assets Investment Management LLC Decreases Holdings in Duluth Holdings Inc (NASDAQ:DLTH)

International Assets Investment Management LLC decreased its stake in Duluth Holdings Inc (NASDAQ:DLTHFree Report) by 61.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,900 shares of the company’s stock after selling 25,272 shares during the quarter. International Assets Investment Management LLC’s holdings in Duluth were worth $46,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Yarger Wealth Strategies LLC acquired a new stake in Duluth in the 2nd quarter worth about $53,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Duluth in the second quarter valued at approximately $72,000. JPMorgan Chase & Co. lifted its position in shares of Duluth by 106.5% in the third quarter. JPMorgan Chase & Co. now owns 32,464 shares of the company’s stock valued at $122,000 after acquiring an additional 16,743 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Duluth in the second quarter worth approximately $138,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Duluth during the second quarter worth approximately $226,000. Hedge funds and other institutional investors own 24.39% of the company’s stock.

Duluth Trading Down 0.4 %

Shares of Duluth stock opened at $2.81 on Wednesday. Duluth Holdings Inc has a 1-year low of $2.80 and a 1-year high of $5.15. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.30 and a quick ratio of 0.30. The stock has a market cap of $89.39 million, a P/E ratio of -2.84 and a beta of 1.35. The stock’s 50 day simple moving average is $3.39 and its 200-day simple moving average is $3.59.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on DLTH shares. StockNews.com lowered Duluth from a “buy” rating to a “hold” rating in a report on Wednesday, December 11th. Robert W. Baird decreased their price target on shares of Duluth from $4.00 to $3.50 and set a “neutral” rating on the stock in a research note on Friday, December 6th.

Get Our Latest Report on DLTH

Duluth Company Profile

(Free Report)

Duluth Holdings Inc sells casual wear, workwear, and accessories for men and women under the Duluth Trading brand in the United States. It provides shirts, pants, underwear, tanks, outerwear, footwear, accessories, and hard goods. The company offers its products under various trademarks, trade names, and service marks, including Alaskan Hardgear, Armachillo, Ballroom, Bucket Master, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No-Yank, No Polo Shirt, Wild Boar Mocs, and Buck Naked.

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Institutional Ownership by Quarter for Duluth (NASDAQ:DLTH)

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