Qsemble Capital Management LP Sells 18,654 Shares of Dutch Bros Inc. $BROS

Qsemble Capital Management LP reduced its position in Dutch Bros Inc. (NYSE:BROS) by 29.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 44,618 shares of the company’s stock after selling 18,654 shares during the quarter. Qsemble Capital Management LP’s holdings in Dutch Bros were worth $2,732,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Stephens Inc. AR boosted its position in shares of Dutch Bros by 52.8% in the fourth quarter. Stephens Inc. AR now owns 7,780 shares of the company’s stock valued at $476,000 after acquiring an additional 2,690 shares during the period. AlphaCore Capital LLC boosted its position in shares of Dutch Bros by 18.5% in the fourth quarter. AlphaCore Capital LLC now owns 9,772 shares of the company’s stock valued at $598,000 after acquiring an additional 1,523 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Dutch Bros by 9,244.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 88,963 shares of the company’s stock valued at $5,446,000 after acquiring an additional 88,011 shares during the period. Allworth Financial LP boosted its position in shares of Dutch Bros by 53.2% in the fourth quarter. Allworth Financial LP now owns 5,075 shares of the company’s stock valued at $311,000 after acquiring an additional 1,763 shares during the period. Finally, One Day In July LLC boosted its position in shares of Dutch Bros by 26.1% in the fourth quarter. One Day In July LLC now owns 16,624 shares of the company’s stock valued at $1,018,000 after acquiring an additional 3,440 shares during the period. 85.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on BROS shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Dutch Bros in a research note on Friday, February 13th. Wolfe Research started coverage on shares of Dutch Bros in a research note on Monday, March 9th. They issued an “outperform” rating and a $77.00 target price on the stock. Telsey Advisory Group started coverage on shares of Dutch Bros in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $66.00 target price on the stock. The Goldman Sachs Group raised shares of Dutch Bros from a “neutral” rating to a “buy” rating and set a $75.00 target price on the stock in a research note on Monday, March 2nd. Finally, Citigroup raised their target price on shares of Dutch Bros from $84.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $75.77.

Insider Activity at Dutch Bros

In other Dutch Bros news, Director Todd Allan Penegor purchased 2,000 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were purchased at an average cost of $51.17 per share, with a total value of $102,340.00. Following the completion of the purchase, the director owned 5,358 shares of the company’s stock, valued at $274,168.86. The trade was a 59.56% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 38.90% of the company’s stock.

More Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Director Todd Allan Penegor bought 2,000 shares of Dutch Bros (BROS) at about $51.17 each, boosting his stake by nearly 60%. Insider buying is often seen as a vote of confidence in the company’s outlook. Dutch Bros (NYSE:BROS) Director Todd Allan Penegor Acquires 2,000 Shares
• Positive Sentiment: Dutch Bros announced plans to buy back nearly 30 franchised stores in Arizona, a move that could increase company-operated store control and potentially improve long-term economics. Dutch Bros to buy back nearly 30 Arizona franchised stores
• Positive Sentiment: The company continued expanding into the Chicago area, including its first Chicagoland location and more stores planned nearby, reinforcing growth expectations. A look at the many Dutch Bros Coffee locations set to open in the Chicago area
• Positive Sentiment: Shareholders backed directors and governance proposals at the annual meeting, suggesting no major governance overhangs for investors right now. Dutch Bros Shareholders Back Directors and Governance Proposals

Dutch Bros Trading Up 2.2%

Shares of BROS opened at $51.12 on Friday. The firm’s 50 day simple moving average is $52.46 and its 200 day simple moving average is $55.82. The company has a market capitalization of $8.93 billion, a P/E ratio of 79.87, a P/E/G ratio of 1.68 and a beta of 2.40. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.33 and a quick ratio of 1.19. Dutch Bros Inc. has a 1-year low of $44.58 and a 1-year high of $77.88.

Dutch Bros (NYSE:BROS) last announced its earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates 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 net margin of 4.61% and a return on equity of 9.42%. Dutch Bros’s quarterly revenue was up 30.7% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share. Sell-side analysts forecast that Dutch Bros Inc. will post 0.84 earnings per share for the current fiscal year.

About Dutch Bros

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.