20 hours Ago By Defense World Staff
Empowered Funds LLC raised its holdings in shares of Traeger, Inc. (NYSE:COOK – Free Report) by 5.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 153,425 shares of the company’s stock after purchasing an additional 7,662 shares during the quarter. Empowered Funds LLC owned 0.12% of Traeger worth $367,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of COOK. State Street Corp raised its stake in shares of Traeger by 2.4% in the 3rd quarter.
State Street Corp now owns 789,912 shares of the company’s stock valued at $2,907,000 after purchasing an additional 18,671 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Traeger by 724.
3% in the third quarter. Jacobs Levy Equity Management Inc. now owns 258,058 shares of the company’s stock valued at $950,000 after buying an additional 226,750 shares during the last quarter.
Diversify Wealth Management LLC raised its stake in Traeger by 5.4% during the third quarter. Diversify Wealth Management LLC now owns 164,547 shares of the company’s stock valued at $606,000 after buying an additional 8,499 shares in the last quarter.
Barclays PLC lifted its holdings in Traeger by 271.7% during the 3rd quarter. Barclays PLC now owns 44,861 shares of the company’s stock worth $166,000 after buying an additional 32,793 shares during the last quarter.
Finally, Drive Wealth Management LLC acquired a new position in shares of Traeger in the 3rd quarter worth approximately $118,000. 46.84% of the stock is currently owned by hedge funds and other institutional investors.
Traeger Stock PerformanceCOOK stock opened at $2.26 on Friday. The stock’s fifty day moving average is $2.
47 and its two-hundred day moving average is $2.98. The stock has a market capitalization of $294.
63 million, a price-to-earnings ratio of -5.64 and a beta of 1.32.
The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.08 and a current ratio of 2.
09. Traeger, Inc. has a 1 year low of $1.
97 and a 1 year high of $3.97. Analysts Set New Price TargetsSeveral equities research analysts recently issued reports on the company.
Piper Sandler upped their price target on Traeger from $3.50 to $3.75 and gave the company a “neutral” rating in a research report on Thursday, November 7th.
Canaccord Genuity Group increased their target price on shares of Traeger from $6.00 to $7.00 and gave the stock a “buy” rating in a report on Thursday, November 7th.
Royal Bank of Canada lifted their price target on shares of Traeger from $2.50 to $2.75 and gave the company a “sector perform” rating in a report on Thursday, November 7th.
Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $4.00 price objective on shares of Traeger in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.
According to MarketBeat.com, Traeger currently has an average rating of “Hold” and a consensus target price of $4.10.
View Our Latest Stock Analysis on TraegerAbout Traeger (Free Report)Traeger, Inc, together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills for retailers, distributors, and direct to consumers in the United States. Its wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app.Featured StoriesFive stocks we like better than TraegerWhat is a Secondary Public Offering? What Investors Need to KnowRay Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024What Are Dividend Contenders? Investing in Dividend ContendersWalmart Faces Tariff Headwinds, Consumer Trends Remain PositiveWhat is a Death Cross in Stocks?Tesla: 2 Reasons to Buy, 1 Reason to RunWant to see what other hedge funds are holding COOK? Visit HoldingsChannel.
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