Monashee Investment Management adds Ollie's Bargain Outlet Holdings Inc (OLLI) to its portfolio

Ollie's Bargain Outlet Holdings Inc (OLLI) : Monashee Investment Management added new position in Ollie's Bargain Outlet Holdings Inc during the most recent quarter end. The investment management firm now holds 117,000 shares of Ollie's Bargain Outlet Holdings Inc which is valued at $3,084,120 , the company said in a statement filed on Aug 2, 2016 with the SEC.Ollie's Bargain Outlet Holdings Inc makes up approximately 4.72% of Monashee Investment Management’s portfolio.

Other Hedge Funds, Including , State Of New Jersey Common Pension Fund D boosted its stake in OLLI in the latest quarter, The investment management firm added 53,000 additional shares and now holds a total of 155,500 shares of Ollie's Bargain Outlet Holdings Inc which is valued at $4,098,980. Ollie's Bargain Outlet Holdings Inc makes up approx 0.02% of State Of New Jersey Common Pension Fund D’s portfolio.Emerald Advisers Incpa reduced its stake in OLLI by selling 158,690 shares or 39.76% in the most recent quarter. The Hedge Fund company now holds 240,410 shares of OLLI which is valued at $6,284,317. Ollie's Bargain Outlet Holdings Inc makes up approx 0.29% of Emerald Advisers Incpa’s portfolio.Eagle Asset Management Inc boosted its stake in OLLI in the latest quarter, The investment management firm added 1,265,834 additional shares and now holds a total of 1,365,599 shares of Ollie's Bargain Outlet Holdings Inc which is valued at $35,560,198. Ollie's Bargain Outlet Holdings Inc makes up approx 0.24% of Eagle Asset Management Inc’s portfolio. Cutler Group Lp added OLLI to its portfolio by purchasing 24,128 company shares during the most recent quarter which is valued at $586,552. Ollie's Bargain Outlet Holdings Inc makes up approx 0.04% of Cutler Group Lp’s portfolio. Bnp Paribas Arbitrage Sa added OLLI to its portfolio by purchasing 791 company shares during the most recent quarter which is valued at $19,569.

Ollie's Bargain Outlet Holdings Inc opened for trading at $27.02 and hit $27.17 on the upside on Monday, eventually ending the session at $27.16, with a gain of 1.00% or 0.27 points. The heightened volatility saw the trading volume jump to 4,65,685 shares. Company has a market cap of $1,630 M.

On the company’s financial health, Ollie's Bargain Outlet Holdings Inc reported $0.20 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jun 1, 2016. Analyst had a consensus of $0.16. The company had revenue of $193.72 million for the quarter, compared to analysts expectations of $190.60 million. The company’s revenue was up 19.2% compared to the same quarter last year.

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.

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