Jane Street Group LLC Sells 227,846 Shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA)

Jane Street Group LLC decreased its position in shares of The Duckhorn Portfolio, Inc. (NYSE:NAPA) by 84.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,912 shares of the company’s stock after selling 227,846 shares during the period. Jane Street Group LLC’s holdings in Duckhorn Portfolio were worth $249,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA increased its position in Duckhorn Portfolio by 2.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,831,391 shares of the company’s stock worth $27,203,000 after buying an additional 98,038 shares during the period. Westwood Holdings Group Inc. increased its position in Duckhorn Portfolio by 4.0% during the 2nd quarter. Westwood Holdings Group Inc. now owns 3,663,304 shares of the company’s stock worth $26,009,000 after buying an additional 140,113 shares during the period. River Road Asset Management LLC increased its position in Duckhorn Portfolio by 6.1% during the 3rd quarter. River Road Asset Management LLC now owns 3,312,046 shares of the company’s stock worth $19,243,000 after buying an additional 190,498 shares during the period. Verition Fund Management LLC increased its position in Duckhorn Portfolio by 21.9% during the 3rd quarter. Verition Fund Management LLC now owns 1,478,234 shares of the company’s stock worth $8,589,000 after buying an additional 265,255 shares during the period. Finally, State Street Corp increased its position in Duckhorn Portfolio by 0.9% during the 3rd quarter. State Street Corp now owns 1,132,720 shares of the company’s stock worth $6,581,000 after buying an additional 10,122 shares during the period.

Duckhorn Portfolio Stock Performance

Duckhorn Portfolio stock opened at $11.09 on Friday. The Duckhorn Portfolio, Inc. has a 12-month low of $5.38 and a 12-month high of $11.11. The company has a quick ratio of 0.61, a current ratio of 3.73 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average price is $11.05 and its two-hundred day moving average price is $8.74. The stock has a market cap of $1.63 billion, a PE ratio of 26.40, a P/E/G ratio of 11.35 and a beta of 0.03.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NAPA. Jefferies Financial Group cut Duckhorn Portfolio from a “buy” rating to a “hold” rating and set a $11.00 price target on the stock. in a research report on Friday, December 6th. Royal Bank of Canada cut Duckhorn Portfolio from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from $11.00 to $11.10 in a research report on Friday, October 11th. Finally, Barclays raised their price target on Duckhorn Portfolio from $6.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $10.01.

About Duckhorn Portfolio

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.