Duluth (NASDAQ:DLTH) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Duluth (NASDAQ:DLTH – Get Rating) in a report released on Thursday. The firm issued a hold rating on the stock.

A number of other brokerages have also commented on DLTH. Robert W. Baird dropped their price objective on shares of Duluth from $7.00 to $6.00 in a report on Friday, March 10th. BTIG Research initiated coverage on shares of Duluth in a research report on Monday, February 6th. They issued a neutral rating for the company.

Duluth Trading Down 0.4 %

Shares of NASDAQ:DLTH opened at $6.89 on Thursday. Duluth has a 12 month low of $5.64 and a 12 month high of $14.25. The company has a quick ratio of 0.25, a current ratio of 1.70 and a debt-to-equity ratio of 0.29. The company’s fifty day simple moving average is $6.39 and its 200 day simple moving average is $7.06. The firm has a market cap of $207.11 million, a price-to-earnings ratio of 98.43 and a beta of 1.14.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in DLTH. Barclays PLC grew its position in shares of Duluth by 501.2% in the 3rd quarter. Barclays PLC now owns 3,938 shares of the company’s stock valued at $28,000 after acquiring an additional 3,283 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Duluth by 10,586.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,061 shares of the company’s stock valued at $25,000 after acquiring an additional 4,023 shares during the period. Tieton Capital Management LLC bought a new position in shares of Duluth in the 4th quarter valued at about $3,094,000. International Assets Investment Management LLC grew its position in shares of Duluth by 148.8% in the 4th quarter. International Assets Investment Management LLC now owns 73,389 shares of the company’s stock valued at $1,536,000 after acquiring an additional 43,889 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Duluth by 14.1% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 28,656 shares of the company’s stock valued at $177,000 after acquiring an additional 3,533 shares during the period. Institutional investors own 29.83% of the company’s stock.

Duluth Company Profile

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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.