Dutch Bros Inc. $BROS Stock Position Lifted by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC grew its position in shares of Dutch Bros Inc. (NYSE:BROS) by 38.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 304,281 shares of the company’s stock after buying an additional 84,585 shares during the period. Stephens Investment Management Group LLC’s holdings in Dutch Bros were worth $18,628,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Osterweis Capital Management Inc. bought a new position in Dutch Bros during the 2nd quarter worth approximately $27,000. Brown Lisle Cummings Inc. bought a new position in Dutch Bros during the 4th quarter worth approximately $31,000. Rakuten Securities Inc. lifted its holdings in Dutch Bros by 557.4% during the 2nd quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock worth $31,000 after buying an additional 379 shares during the last quarter. Caitlin John LLC bought a new position in Dutch Bros during the 3rd quarter worth approximately $44,000. Finally, MAI Capital Management lifted its holdings in Dutch Bros by 139.0% during the 3rd quarter. MAI Capital Management now owns 834 shares of the company’s stock worth $44,000 after buying an additional 485 shares during the last quarter. Institutional investors own 85.54% of the company’s stock.

Insider Activity

In related news, Director Todd Allan Penegor purchased 2,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of $51.17 per share, with a total value of $102,340.00. Following the acquisition, the director owned 5,358 shares in the company, valued at approximately $274,168.86. This trade represents a 59.56% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 38.90% of the company’s stock.

Dutch Bros Trading Up 0.2%

Shares of NYSE BROS opened at $51.12 on Monday. The company has a market cap of $8.93 billion, a price-to-earnings ratio of 79.87, a price-to-earnings-growth ratio of 1.64 and a beta of 2.40. Dutch Bros Inc. has a 12-month low of $44.58 and a 12-month high of $77.88. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 0.21. The stock’s 50 day simple moving average is $52.46 and its 200 day simple moving average is $55.79.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. The business had revenue of $464.41 million for the quarter, compared to the consensus estimate of $449.70 million. Dutch Bros had a return on equity of 9.42% and a net margin of 4.61%.The business’s revenue was up 30.7% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. Equities research analysts expect that Dutch Bros Inc. will post 0.84 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on the company. TD Cowen reaffirmed a “buy” rating and set a $73.00 target price on shares of Dutch Bros in a report on Friday, February 13th. Citigroup increased their target price on Dutch Bros from $84.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Barclays reduced their target price on Dutch Bros from $76.00 to $75.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Piper Sandler raised their price target on Dutch Bros from $59.00 to $61.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Finally, KeyCorp raised their price target on Dutch Bros from $77.00 to $79.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $75.77.

Dutch Bros Profile

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.