Ollie's Bargain Outlet Holdings Inc (OLLI) : Copper Rock Capital Partners added new position in Ollie's Bargain Outlet Holdings Inc during the most recent quarter end. The investment management firm now holds 1,004,835 shares of Ollie's Bargain Outlet Holdings Inc which is valued at $24.2 Million according to a report filed by the company on Apr 5, 2016 with the SEC.Ollie's Bargain Outlet Holdings Inc makes up approximately 2.13% of Copper Rock Capital Partners’s portfolio.
On the company’s financial health, Ollie's Bargain Outlet Holdings Inc reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 6, 2016. Analyst had a consensus of $0.28. The company had revenue of $243.40 million for the quarter, compared to analysts expectations of $242.60 million. The company’s revenue was up 21.3% compared to the same quarter last year.
Many Wall Street Analysts have commented on Ollie's Bargain Outlet Holdings Inc. Company shares were Upgraded by Piper Jaffray on Apr 7, 2016 to ” Overweight”, Firm has raised the Price Target to $ 28 from a previous price target of $22 .Ollie's Bargain Outlet Holdings Inc was Downgraded by Credit Suisse to ” Neutral” on Feb 1, 2016.
Ollie's Bargain Outlet Holdings Inc closed down -1.08 points or -4.29% at $24.12 with 5,19,187 shares getting traded on Monday. Post opening the session at $25.32, the shares hit an intraday low of $24.12 and an intraday high of $25.5 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.