Credit Suisse AG reduced its position in Duluth Holdings Inc. (NASDAQ:DLTH) by 75.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 9,876 shares of the company’s stock after selling 30,106 shares during the period. Credit Suisse AG’s holdings in Duluth Holdings were worth $210,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Paloma Partners Management Co purchased a new stake in Duluth Holdings in the 1st quarter worth approximately $212,000. PEAK6 Investments L.P. purchased a new stake in Duluth Holdings in the 1st quarter worth approximately $487,000. Schwab Charles Investment Management Inc. grew its stake in Duluth Holdings by 4.9% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 32,771 shares of the company’s stock worth $698,000 after acquiring an additional 1,539 shares during the period. Invictus RG purchased a new stake in Duluth Holdings in the 1st quarter worth approximately $182,000. Finally, Kennedy Capital Management Inc. grew its stake in Duluth Holdings by 22.8% in the 1st quarter. Kennedy Capital Management Inc. now owns 232,027 shares of the company’s stock worth $4,940,000 after acquiring an additional 43,118 shares during the period. 33.54% of the stock is owned by hedge funds and other institutional investors.

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In other Duluth Holdings news, SVP Allen L. Dittrich sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $18.99, for a total value of $189,900.00. Following the transaction, the senior vice president now owns 241,221 shares in the company, valued at approximately $4,580,786.79. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director William E. Ferry sold 28,400 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $18.93, for a total transaction of $537,612.00. Following the completion of the transaction, the director now owns 2,032 shares in the company, valued at approximately $38,465.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,800 shares of company stock worth $1,291,252. Company insiders own 70.38% of the company’s stock.

Shares of Duluth Holdings Inc. (DLTH) traded down 1.03% during trading on Friday, hitting $19.30. 314,295 shares of the company’s stock were exchanged. Duluth Holdings Inc. has a 1-year low of $16.01 and a 1-year high of $38.19. The stock’s 50 day moving average is $19.52 and its 200 day moving average is $19.72. The firm has a market capitalization of $626.36 million, a PE ratio of 33.86 and a beta of 0.19.

Duluth Holdings (NASDAQ:DLTH) last released its quarterly earnings data on Tuesday, September 5th. The company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.03. The firm had revenue of $86.20 million for the quarter, compared to analyst estimates of $82.51 million. Duluth Holdings had a net margin of 4.64% and a return on equity of 17.05%. The company’s revenue for the quarter was up 31.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.11 EPS. On average, equities research analysts forecast that Duluth Holdings Inc. will post $0.72 earnings per share for the current year.

Several analysts have commented on the stock. Robert W. Baird reaffirmed a “buy” rating on shares of Duluth Holdings in a research note on Friday. Zacks Investment Research raised shares of Duluth Holdings from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Thursday. DA Davidson reiterated a “buy” rating and issued a $25.00 price target on shares of Duluth Holdings in a report on Wednesday. FBR & Co reiterated a “buy” rating and issued a $26.00 price target on shares of Duluth Holdings in a report on Wednesday. Finally, Raymond James Financial, Inc. lowered shares of Duluth Holdings from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 23rd. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $26.38.

Duluth Holdings Profile

Duluth Holdings Inc is a lifestyle brand of men’s and women’s casual wear, workwear and accessories. The Company offers a line of functional products, such as its Longtail T shirts, Buck Naked underwear and Fire Hose work pants. The Company’s segments include direct and retail. The direct segment includes revenues from the Company’s Website and catalogs.

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Institutional Ownership by Quarter for Duluth Holdings (NASDAQ:DLTH)

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