Willamette Valley Vineyards, Inc. $WVVI Stake Lifted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) by 108,584.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 342,357 shares of the company’s stock after acquiring an additional 342,042 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.07% of Willamette Valley Vineyards worth $1,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards in the second quarter worth $41,000. Susquehanna International Group LLP bought a new position in shares of Willamette Valley Vineyards in the third quarter worth $39,000. Finally, Teton Advisors LLC bought a new position in shares of Willamette Valley Vineyards in the third quarter worth $82,000. Institutional investors own 12.24% of the company’s stock.

Willamette Valley Vineyards Stock Performance

NASDAQ:WVVI opened at $2.68 on Monday. Willamette Valley Vineyards, Inc. has a 1 year low of $2.49 and a 1 year high of $7.18. The stock has a market cap of $13.35 million, a price-to-earnings ratio of -4.39 and a beta of 0.19. The business has a fifty day moving average of $2.72 and a 200-day moving average of $2.76. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.47 and a current ratio of 3.45.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.24) earnings per share (EPS) for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.30% and a negative net margin of 1.99%.The business had revenue of $8.26 million during the quarter.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.