4,640 Shares in Dutch Bros Inc. (NYSE:BROS) Purchased by Radnor Capital Management LLC

Radnor Capital Management LLC purchased a new position in shares of Dutch Bros Inc. (NYSE:BROS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,640 shares of the company’s stock, valued at approximately $243,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Harbor Capital Advisors Inc. increased its holdings in shares of Dutch Bros by 6.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 28,637 shares of the company’s stock worth $1,500,000 after acquiring an additional 1,661 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of Dutch Bros in the fourth quarter valued at $41,000. Watts Gwilliam & Co. LLC acquired a new position in shares of Dutch Bros in the fourth quarter valued at $304,000. Wilmington Savings Fund Society FSB bought a new position in shares of Dutch Bros in the third quarter valued at about $50,000. Finally, Virtu Financial LLC acquired a new stake in shares of Dutch Bros during the 3rd quarter worth about $573,000. Institutional investors own 85.54% of the company’s stock.

Dutch Bros Price Performance

BROS stock opened at $60.49 on Friday. The company’s 50-day moving average price is $53.28 and its two-hundred day moving average price is $41.28. The firm has a market cap of $9.33 billion, a P/E ratio of 208.60, a P/E/G ratio of 3.16 and a beta of 2.71. The company has a quick ratio of 1.68, a current ratio of 1.90 and a debt-to-equity ratio of 0.79. Dutch Bros Inc. has a 12 month low of $25.46 and a 12 month high of $61.09.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. Dutch Bros had a net margin of 2.54% and a return on equity of 5.48%. The business had revenue of $338.20 million for the quarter, compared to analysts’ expectations of $324.97 million. During the same period last year, the firm posted $0.08 earnings per share. The firm’s quarterly revenue was up 27.9% compared to the same quarter last year. On average, analysts anticipate that Dutch Bros Inc. will post 0.39 earnings per share for the current fiscal year.

Insider Transactions at Dutch Bros

In related news, Chairman Travis Boersma sold 38,339 shares of Dutch Bros stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $33.48, for a total transaction of $1,283,589.72. Following the sale, the chairman now directly owns 15,610 shares of the company’s stock, valued at approximately $522,622.80. The trade was a 71.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Dm Individual Aggregator, Llc sold 115,854 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $33.38, for a total transaction of $3,867,206.52. Following the transaction, the insider now owns 9,817 shares of the company’s stock, valued at approximately $327,691.46. This represents a 92.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 560,698 shares of company stock valued at $19,040,697. Corporate insiders own 46.50% of the company’s stock.

Wall Street Analysts Forecast Growth

BROS has been the topic of several research analyst reports. Barclays raised shares of Dutch Bros from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $38.00 to $70.00 in a report on Tuesday, January 7th. William Blair reiterated an “outperform” rating on shares of Dutch Bros in a research note on Tuesday, December 17th. Piper Sandler boosted their price target on Dutch Bros from $36.00 to $51.00 and gave the company a “neutral” rating in a research note on Monday, November 11th. Wedbush lifted their target price on Dutch Bros from $45.00 to $55.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Stifel Nicolaus boosted their target price on shares of Dutch Bros from $53.00 to $62.00 and gave the company a “buy” rating in a research report on Friday, January 10th. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $58.00.

Dutch Bros Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.