Ollie’s Bargain Outlet Holdings Inc (OLLI) Shares Sold by Nicholas Company Inc.

Nicholas Company Inc. cut its holdings in shares of Ollie’s Bargain Outlet Holdings Inc (NASDAQ:OLLI) by 2.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 83,450 shares of the company’s stock after selling 2,190 shares during the quarter. Nicholas Company Inc. owned about 0.13% of Ollie’s Bargain Outlet worth $5,550,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in OLLI. Capital World Investors grew its holdings in shares of Ollie’s Bargain Outlet by 61.7% during the 3rd quarter. Capital World Investors now owns 1,317,892 shares of the company’s stock worth $126,649,000 after purchasing an additional 502,892 shares during the period. BlackRock Inc. lifted its stake in Ollie’s Bargain Outlet by 4.7% during the 3rd quarter. BlackRock Inc. now owns 5,727,645 shares of the company’s stock worth $550,427,000 after acquiring an additional 259,631 shares in the last quarter. Federated Investors Inc. PA lifted its stake in Ollie’s Bargain Outlet by 892.0% during the 3rd quarter. Federated Investors Inc. PA now owns 251,783 shares of the company’s stock worth $24,196,000 after acquiring an additional 226,402 shares in the last quarter. Marshall Wace LLP lifted its stake in Ollie’s Bargain Outlet by 1,141.9% during the 3rd quarter. Marshall Wace LLP now owns 157,565 shares of the company’s stock worth $15,142,000 after acquiring an additional 144,878 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA acquired a new position in Ollie’s Bargain Outlet during the 4th quarter worth about $9,151,000. Institutional investors and hedge funds own 89.54% of the company’s stock.

OLLI stock opened at $79.46 on Friday. The company has a current ratio of 2.03, a quick ratio of 0.07 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $5.00 billion, a price-to-earnings ratio of 63.57, a P/E/G ratio of 1.49 and a beta of 1.01. Ollie’s Bargain Outlet Holdings Inc has a 1 year low of $54.70 and a 1 year high of $97.61.

Several equities analysts recently issued reports on the company. BidaskClub raised Ollie’s Bargain Outlet from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 28th. Bank of America reissued a “buy” rating and set a $87.00 target price (down previously from $98.00) on shares of Ollie’s Bargain Outlet in a research note on Wednesday, January 9th. ValuEngine lowered Ollie’s Bargain Outlet from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 6th. Finally, Morgan Stanley decreased their target price on Ollie’s Bargain Outlet from $82.00 to $69.00 and set an “equal weight” rating on the stock in a research note on Monday, January 7th. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $88.73.

In other Ollie’s Bargain Outlet news, SVP Omar Segura sold 63,323 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $80.12, for a total value of $5,073,438.76. Following the sale, the senior vice president now owns 46,000 shares of the company’s stock, valued at approximately $3,685,520. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Kenneth Robert Bertram sold 16,000 shares of the stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $79.80, for a total value of $1,276,800.00. Following the completion of the sale, the vice president now directly owns 21,717 shares in the company, valued at approximately $1,733,016.60. The disclosure for this sale can be found here. Insiders sold a total of 206,472 shares of company stock worth $16,607,508 in the last ninety days. 20.27% of the stock is owned by corporate insiders.

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Ollie’s Bargain Outlet Company Profile

Ollie’s Bargain Outlet Holdings, Inc is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company’s products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys.

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

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