Duluth Holdings Inc (NASDAQ:DLTH) Director Thomas George Folliard sold 2,032 shares of the company’s stock in a transaction dated Thursday, June 14th. The stock was sold at an average price of $20.42, for a total value of $41,493.44. Following the completion of the sale, the director now owns 52,344 shares in the company, valued at approximately $1,068,864.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Duluth traded up $0.49, reaching $20.04, during mid-day trading on Thursday, Marketbeat.com reports. 848,044 shares of the company’s stock were exchanged, compared to its average volume of 238,819. The company has a market capitalization of $537.63 million, a P/E ratio of 29.91, a P/E/G ratio of 1.13 and a beta of -0.06. The company has a current ratio of 1.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.26. Duluth Holdings Inc has a 12-month low of $15.13 and a 12-month high of $21.76.
Duluth (NASDAQ:DLTH) last issued its quarterly earnings results on Tuesday, June 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.03. The company had revenue of $100.20 million for the quarter, compared to the consensus estimate of $100.23 million. Duluth had a return on equity of 15.77% and a net margin of 4.57%. Duluth’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.01 earnings per share. research analysts predict that Duluth Holdings Inc will post 0.81 earnings per share for the current fiscal year.
A number of hedge funds have recently modified their holdings of the business. Franklin Resources Inc. boosted its position in Duluth by 5.9% during the first quarter. Franklin Resources Inc. now owns 1,813,708 shares of the company’s stock worth $33,971,000 after purchasing an additional 100,962 shares in the last quarter. BlackRock Inc. boosted its position in Duluth by 0.9% during the first quarter. BlackRock Inc. now owns 723,379 shares of the company’s stock worth $13,549,000 after purchasing an additional 6,187 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in Duluth by 1.3% during the first quarter. Thrivent Financial for Lutherans now owns 608,541 shares of the company’s stock worth $11,398,000 after purchasing an additional 7,944 shares in the last quarter. Thrivent Financial For Lutherans boosted its position in Duluth by 4.6% during the fourth quarter. Thrivent Financial For Lutherans now owns 600,597 shares of the company’s stock worth $10,721,000 after purchasing an additional 26,190 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado boosted its position in Duluth by 4.3% during the first quarter. Public Employees Retirement Association of Colorado now owns 461,700 shares of the company’s stock worth $8,648,000 after purchasing an additional 19,000 shares in the last quarter. Institutional investors own 44.69% of the company’s stock.
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.
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