Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) SVP Omar Segura sold 13,000 shares of the stock in a transaction on Monday, November 12th. The stock was sold at an average price of $91.06, for a total value of $1,183,780.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Ollie’s Bargain Outlet stock opened at $89.19 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.31 and a current ratio of 2.51. Ollie’s Bargain Outlet Holdings Inc has a one year low of $42.36 and a one year high of $97.61. The firm has a market cap of $5.66 billion, a P/E ratio of 71.35, a price-to-earnings-growth ratio of 2.06 and a beta of 0.37.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last released its quarterly earnings data on Wednesday, September 5th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.36 by $0.04. Ollie’s Bargain Outlet had a return on equity of 12.48% and a net margin of 12.88%. The company had revenue of $288.10 million for the quarter, compared to analysts’ expectations of $284.19 million. During the same period last year, the firm posted $0.27 earnings per share. Ollie’s Bargain Outlet’s revenue was up 13.1% compared to the same quarter last year. As a group, equities analysts anticipate that Ollie’s Bargain Outlet Holdings Inc will post 1.75 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in OLLI. Capital World Investors lifted its holdings in Ollie’s Bargain Outlet by 61.7% in the third quarter. Capital World Investors now owns 1,317,892 shares of the company’s stock valued at $126,649,000 after acquiring an additional 502,892 shares during the period. OppenheimerFunds Inc. lifted its holdings in Ollie’s Bargain Outlet by 43.0% in the second quarter. OppenheimerFunds Inc. now owns 1,034,182 shares of the company’s stock valued at $74,978,000 after acquiring an additional 310,828 shares during the period. BlackRock Inc. lifted its holdings in Ollie’s Bargain Outlet by 4.7% in the third quarter. BlackRock Inc. now owns 5,727,645 shares of the company’s stock valued at $550,427,000 after acquiring an additional 259,631 shares during the period. Northern Trust Corp lifted its holdings in Ollie’s Bargain Outlet by 28.9% in the second quarter. Northern Trust Corp now owns 754,094 shares of the company’s stock valued at $54,672,000 after acquiring an additional 169,298 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in Ollie’s Bargain Outlet by 551.0% in the second quarter. PNC Financial Services Group Inc. now owns 186,174 shares of the company’s stock valued at $13,497,000 after acquiring an additional 157,576 shares during the period. 88.59% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently commented on the company. BidaskClub raised Ollie’s Bargain Outlet from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 3rd. Zacks Investment Research raised Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and set a $99.00 target price on the stock in a research note on Monday, September 10th. Royal Bank of Canada increased their target price on Ollie’s Bargain Outlet to $95.00 and gave the stock an “outperform” rating in a research note on Thursday, September 6th. Buckingham Research increased their target price on Ollie’s Bargain Outlet from $75.00 to $90.00 and gave the stock a “neutral” rating in a research note on Thursday, September 6th. Finally, MKM Partners increased their price objective on Ollie’s Bargain Outlet from $80.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday, September 5th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Ollie’s Bargain Outlet currently has a consensus rating of “Buy” and an average target price of $88.25.

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About Ollie’s Bargain Outlet

Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise. The company offers food products, housewares, books and stationery, bed and bath products, floor coverings, electronics, and toys; and other products, including hardware, personal health care, candy, clothing, sporting, pet and lawn, and garden products.

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