Willamette Valley Vineyards (NASDAQ:WVVI) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a report published on Tuesday. The brokerage issued a hold rating on the stock.

Willamette Valley Vineyards Trading Down 0.2 %

WVVI opened at $4.41 on Tuesday. The firm has a market cap of $21.87 million, a price-to-earnings ratio of -6.77 and a beta of 0.70. Willamette Valley Vineyards has a 52 week low of $4.40 and a 52 week high of $6.59. The business’s 50 day moving average is $5.04 and its two-hundred day moving average is $5.23. The company has a quick ratio of 0.28, a current ratio of 2.33 and a debt-to-equity ratio of 0.25.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings results on Tuesday, March 26th. The company reported ($0.15) EPS for the quarter. The firm had revenue of $10.75 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 4.09% and a negative net margin of 3.06%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. UBS Group AG grew its holdings in Willamette Valley Vineyards by 102.8% during the third quarter. UBS Group AG now owns 5,140 shares of the company’s stock worth $32,000 after acquiring an additional 2,605 shares during the period. NewEdge Advisors LLC acquired a new position in Willamette Valley Vineyards during the second quarter worth $81,000. Creative Planning grew its holdings in Willamette Valley Vineyards by 99.4% during the third quarter. Creative Planning now owns 31,100 shares of the company’s stock worth $183,000 after acquiring an additional 15,500 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Willamette Valley Vineyards by 4.1% during the first quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock worth $1,931,000 after acquiring an additional 8,461 shares during the period. Institutional investors and hedge funds own 12.24% of the company’s stock.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.