Ollie’s Bargain Outlet Holdings, Inc. $OLLI Shares Sold by UBS Group AG

UBS Group AG lowered its position in Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 715,679 shares of the company’s stock after selling 16,561 shares during the quarter. UBS Group AG’s holdings in Ollie’s Bargain Outlet were worth $78,446,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in OLLI. Allworth Financial LP increased its holdings in Ollie’s Bargain Outlet by 301.8% during the 3rd quarter. Allworth Financial LP now owns 221 shares of the company’s stock valued at $28,000 after acquiring an additional 166 shares in the last quarter. Maseco LLP purchased a new stake in shares of Ollie’s Bargain Outlet in the fourth quarter valued at about $30,000. Shell Asset Management Co. acquired a new stake in shares of Ollie’s Bargain Outlet in the third quarter valued at approximately $37,000. Smartleaf Asset Management LLC increased its stake in shares of Ollie’s Bargain Outlet by 125.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 342 shares of the company’s stock worth $45,000 after purchasing an additional 190 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Ollie’s Bargain Outlet by 25.0% during the 3rd quarter. Bessemer Group Inc. now owns 430 shares of the company’s stock worth $55,000 after purchasing an additional 86 shares in the last quarter.

Ollie’s Bargain Outlet Stock Performance

Shares of NASDAQ OLLI opened at $85.61 on Monday. Ollie’s Bargain Outlet Holdings, Inc. has a 1 year low of $84.29 and a 1 year high of $141.74. The firm’s 50 day moving average price is $97.74 and its 200 day moving average price is $110.05. The firm has a market cap of $5.22 billion, a P/E ratio of 21.95, a price-to-earnings-growth ratio of 1.50 and a beta of 0.48.

Ollie’s Bargain Outlet (NASDAQ:OLLI) last issued its quarterly earnings results on Thursday, March 12th. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. Ollie’s Bargain Outlet had a return on equity of 13.18% and a net margin of 9.08%.The company had revenue of $779.26 million during the quarter, compared to the consensus estimate of $783.72 million. During the same period in the previous year, the firm posted $1.19 EPS. Ollie’s Bargain Outlet’s revenue was up 16.8% on a year-over-year basis. Ollie’s Bargain Outlet has set its FY 2026 guidance at 4.400-4.500 EPS. As a group, equities analysts predict that Ollie’s Bargain Outlet Holdings, Inc. will post 4.48 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on OLLI. JPMorgan Chase & Co. cut their price objective on Ollie’s Bargain Outlet from $163.00 to $152.00 and set an “overweight” rating for the company in a research report on Monday, April 13th. Piper Sandler reissued an “overweight” rating and set a $128.00 price target (down from $140.00) on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Jefferies Financial Group raised Ollie’s Bargain Outlet from a “hold” rating to a “buy” rating and boosted their price target for the stock from $120.00 to $130.00 in a report on Thursday, April 2nd. Bank of America restated a “buy” rating on shares of Ollie’s Bargain Outlet in a research report on Friday, March 13th. Finally, Truist Financial set a $135.00 price objective on Ollie’s Bargain Outlet in a research note on Friday, March 13th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $140.50.

Insider Activity at Ollie’s Bargain Outlet

In related news, Chairman John W. Swygert sold 3,330 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $95.80, for a total value of $319,014.00. Following the completion of the transaction, the chairman directly owned 48,200 shares in the company, valued at approximately $4,617,560. This represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,585 shares of company stock valued at $1,275,398 over the last ninety days. 0.87% of the stock is owned by insiders.

Ollie’s Bargain Outlet Profile

Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.

Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania.