$0.25 EPS Expected for Ollie's Bargain Outlet Holdings Inc (OLLI)

Paterniano Del Favero
Agosto 6, 2017

Institutional investors and hedge funds own 95.24% of the company's stock. Sheets Smith Wealth Management's holdings in Ollie's Bargain Outlet Holdings were worth $366,000 as of its most recent SEC filing.

In related news, SVP Kevin Mclain sold 20,000 shares of the stock in a transaction that occurred on Monday, June 12th.

Shares of Ollie's Bargain Outlet Holdings, Inc. Corporate insiders own 22.25% of the company's stock. LS Investment Advisors LLC increased its stake in shares of Ollie's Bargain Outlet Holdings by 125.2% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,685,563 shares of the company's stock worth $56,466,000 after buying an additional 331,761 shares during the period. Guggenheim Capital LLC boosted its position in Ollie's Bargain Outlet Holdings by 131.8% in the fourth quarter. Guggenheim Capital LLC now owns 66,052 shares of the company's stock worth $1,879,000 after buying an additional 37,552 shares during the period. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. State of Alaska Department of Revenue increased its position in shares of Ollie's Bargain Outlet Holdings by 80.5% in the second quarter. Bank of America upgraded Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) on Friday, December 11 to "Buy" rating. (OLLI) traded up 0.67% during midday trading on Friday, reaching $45.35. 382,726 shares of the company's stock traded hands. The company has a market capitalization of $2.77 billion, a PE ratio of 42.78 and a beta of 0.15.

Meanwhile, Amazon has pulled back from the all-time high it briefly hit on July 27 and is now testing support at its 50-day line and the benchmark share price of 1,000. Ollie's Bargain Outlet Holdings has a 12-month low of $24.12 and a 12-month high of $46.08.

Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) last announced its earnings results on Wednesday, May 31st. Analysts forecast EPS of $0.25, up exactly $0.04 or 19.05 % from 2014's $0.21 EPS. The firm had revenue of $227.60 million for the quarter, compared to the consensus estimate of $220.56 million. During the same quarter past year, the business earned $0.20 EPS. The company's revenue for the quarter was up 17.5% on a year-over-year basis. Dubuque Bank & Trust Co. purchased a new position in Ollie's Bargain Outlet Holdings during the first quarter worth about $153,000. (OLLI) opened at 44.45 on Wednesday. If you are reading this report on another domain, it was stolen and republished in violation of USA and worldwide copyright & trademark law. The original version of this story can be accessed at https://www.thestockobserver.com/2017/08/05/ollies-bargain-outlet-holdings-inc-olli-is-summit-creek-advisors-llcs-5th-largest-position-updated-updated.html.

OLLI has been the subject of a number of research analyst reports. Its down 7.8% from 7.70M shares, reported previously. Piper Jaffray Companies set a $48.00 price target on Ollie's Bargain Outlet Holdings and gave the stock a "buy" rating in a research report on Thursday, June 1st. Equities research analysts anticipate that Ollie's Bargain Outlet Holdings, Inc. will post $1.17 EPS for the current fiscal year. The company was maintained on Thursday, April 7 by JP Morgan. Jefferies Group LLC reiterated a "buy" rating and issued a $37.00 price objective on shares of Ollie's Bargain Outlet Holdings in a report on Wednesday, March 29th.

Several research analysts recently issued reports on the company. Ollie's Bargain Outlet Holdings now has a consensus rating of "Buy" and an average price target of $39.60.

08/10/2015 - KeyBanc began new coverage on Ollie's Bargain Outlet Holdings, Inc. giving the company a " rating. The shares were sold at an average price of $42.81, for a total value of $449,505.00. Following the completion of the sale, the vice president now owns 10,500 shares of the company's stock, valued at $449,505. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Credit Suisse initiated the stock with "Neutral" rating in Monday, August 10 report. The shares were sold at an average price of $43.05, for a total transaction of $861,000.00. Following the completion of the transaction, the senior vice president now owns 20,000 shares in the company, valued at approximately $861,000. The disclosure for this sale can be found here. Over the last three months, insiders sold 36,500 shares of company stock valued at $1,570,005.

Ollie's Bargain Outlet Holdings, Inc.is a retailer of brand name merchandise. The Firm offers clients a selection of brand name products, including food, housewares, books and stationery, bed and bath, floor coverings, electronics and toys. The Company's warehouse format stores feature a range of products, including hardware, personal healthcare, candy, clothing, sporting goods, pet and lawn and garden products.

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