Ollie's Bargain Outlet Holdings Inc (OLLI) Shares Sold by Dubuque Bank & Trust Co.

Dubuque Bank & Trust Co. lowered its position in shares of Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) by 21.4% during the second quarter, according to its most recent filing with the SEC. The fund owned 3,600 shares of the company’s stock after selling 980 shares during the period. Dubuque Bank & Trust Co.’s holdings in Ollie's Bargain Outlet Holdings were worth $153,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in OLLI. LS Investment Advisors LLC raised its position in Ollie's Bargain Outlet Holdings by 1.1% in the second quarter. LS Investment Advisors LLC now owns 4,375 shares of the company’s stock valued at $186,000 after buying an additional 46 shares during the period. State of Alaska Department of Revenue raised its position in Ollie's Bargain Outlet Holdings by 2.9% in the first quarter. State of Alaska Department of Revenue now owns 5,280 shares of the company’s stock valued at $176,000 after buying an additional 150 shares during the period. Louisiana State Employees Retirement System boosted its position in Ollie's Bargain Outlet Holdings by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 19,700 shares of the company’s stock valued at $839,000 after buying an additional 200 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its position in Ollie's Bargain Outlet Holdings by 2.1% in the first quarter. Municipal Employees Retirement System of Michigan now owns 10,870 shares of the company’s stock valued at $364,000 after buying an additional 220 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in Ollie's Bargain Outlet Holdings by 1.6% in the first quarter. Arizona State Retirement System now owns 24,900 shares of the company’s stock valued at $834,000 after buying an additional 400 shares during the last quarter. 92.90% of the stock is currently owned by institutional investors.

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) traded up 2.78% during trading on Friday, reaching $44.35. 505,149 shares of the company’s stock were exchanged. The firm has a market cap of $2.71 billion, a P/E ratio of 41.84 and a beta of 0.15. Ollie's Bargain Outlet Holdings Inc has a 52-week low of $24.12 and a 52-week high of $46.08. The stock’s 50 day moving average price is $43.71 and its 200 day moving average price is $38.09.

Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) last posted its quarterly earnings data on Wednesday, May 31st. The company reported $0.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The company had revenue of $227.60 million for the quarter, compared to analysts’ expectations of $220.56 million. Ollie's Bargain Outlet Holdings had a net margin of 8.33% and a return on equity of 11.48%. Ollie's Bargain Outlet Holdings’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 earnings per share. Equities research analysts anticipate that Ollie's Bargain Outlet Holdings Inc will post $1.17 EPS for the current fiscal year.

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OLLI has been the subject of a number of research reports. Royal Bank Of Canada reissued a “buy” rating and set a $37.00 target price on shares of Ollie's Bargain Outlet Holdings in a research note on Thursday, May 25th. MKM Partners lowered shares of Ollie's Bargain Outlet Holdings from a “buy” rating to a “neutral” rating and set a $39.00 target price for the company. in a research note on Tuesday, May 30th. BidaskClub lowered shares of Ollie's Bargain Outlet Holdings from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 23rd. TheStreet raised shares of Ollie's Bargain Outlet Holdings from a “c” rating to a “b-” rating in a research note on Monday, July 17th. Finally, Piper Jaffray Companies set a $48.00 price objective on shares of Ollie's Bargain Outlet Holdings and gave the company a “buy” rating in a research note on Thursday, June 1st. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Ollie's Bargain Outlet Holdings currently has an average rating of “Buy” and a consensus price target of $39.60.

In other Ollie's Bargain Outlet Holdings news, CEO Mark L. Butler sold 285,623 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $45.19, for a total transaction of $12,907,303.37. Following the transaction, the chief executive officer now directly owns 5,038,224 shares in the company, valued at $227,677,342.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kevin Mclain sold 20,000 shares of the stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $43.05, for a total transaction of $861,000.00. Following the transaction, the senior vice president now owns 20,000 shares in the company, valued at $861,000. The disclosure for this sale can be found here. Insiders have sold 494,233 shares of company stock worth $22,241,680 over the last quarter. Company insiders own 22.25% of the company’s stock.

Ollie's Bargain Outlet Holdings Company Profile

Ollie’s Bargain Outlet Holdings, Inc is a retailer of brand name merchandise. The Company offers customers a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. Its warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.

Institutional Ownership by Quarter for Ollie's Bargain Outlet Holdings (NASDAQ:OLLI)

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