Ccmp Capital Gp Exits Position in Ollie's Bargain Outlet Holdings Inc (OLLI)

Ollie's Bargain Outlet Holdings Inc (OLLI) : Ccmp Capital Gp has sold out all of its stake in Ollie's Bargain Outlet Holdings Inc during the most recent quarter, according to the disclosure filed by the company on Nov 14, 2016 with the SEC. The investment management company has sold out 13,725,798 shares of Ollie's Bargain Outlet Holdings Inc which is valued at $419,323,129.

Other Hedge Funds, Including , Two Sigma Advisers Lp boosted its stake in OLLI in the latest quarter, The investment management firm added 35,304 additional shares and now holds a total of 91,704 shares of Ollie's Bargain Outlet Holdings Inc which is valued at $2,801,557. Ollie's Bargain Outlet Holdings Inc makes up approx 0.01% of Two Sigma Advisers Lp’s portfolio.Rhumbline Advisers boosted its stake in OLLI in the latest quarter, The investment management firm added 2,650 additional shares and now holds a total of 19,813 shares of Ollie's Bargain Outlet Holdings Inc which is valued at $526,035. Monashee Investment Management sold out all of its stake in OLLI during the most recent quarter. The investment firm sold 117,000 shares of OLLI which is valued $3,106,350. Financial Architects Inc added OLLI to its portfolio by purchasing 689 company shares during the most recent quarter which is valued at $18,844. Ollie's Bargain Outlet Holdings Inc makes up approx 0.01% of Financial Architects Inc’s portfolio. Kalmar Investments Inc De added OLLI to its portfolio by purchasing 800,390 company shares during the most recent quarter which is valued at $21,442,448. Ollie's Bargain Outlet Holdings Inc makes up approx 1.04% of Kalmar Investments Inc De’s portfolio.

Ollie's Bargain Outlet Holdings Inc closed down -0.2 points or -0.65% at $30.8 with 5,46,114 shares getting traded on Monday. Post opening the session at $31.05, the shares hit an intraday low of $30.65 and an intraday high of $31.2 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Ollie's Bargain Outlet Holdings Inc reported $0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 31, 2016. Analyst had a consensus of $0.18. The company had revenue of $211.30 million for the quarter, compared to analysts expectations of $207.61 million. The company’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 EPS.

Many Wall Street Analysts have commented on Ollie's Bargain Outlet Holdings Inc. MKM Partners Initiated Ollie's Bargain Outlet Holdings Inc on Oct 14, 2016 to “Buy”, Price Target of the shares are set at $33.Company shares were Reiterated by RBC Capital Mkts on Sep 1, 2016 to “Outperform”, Firm has raised the Price Target to $ 32 from a previous price target of $30 .

Ollie’s Bargain Outlet Holdings Inc. is a retailer of closeouts excess inventory and salvage merchandise. The Company through its wholly owned subsidiary Ollie’s Bargain Outlet Inc. offers products of various categories including housewares food books and stationery bed and bath floor coverings toys and hardware. It offers products under various brands such as Ollie’s Ollie’s Bargain Outlet Ollie’s Army Real Brands! Real Bargains! and Good Stuff Cheap. The Company operates approximately through approximately 185 stores across 16 states including Alabama Delaware Georgia Indiana Kentucky Maryland Michigan New Jersey New York North Carolina Ohio Pennsylvania South Carolina Tennessee Virginia and West Virginia. It owns several domain names including www.ollies.us www.olliesbargainoutlet.com www.olliesarmy.com www.ollies.cheap www.sarasotabreeze.com and www.olliesmail.com.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Ollie's Bargain Outlet Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Ollie's Bargain Outlet Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.