Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC lowered its stake in shares of Ollie’s Bargain Outlet Holdings, Inc. ( NASDAQ:OLLI – Free Report ) by 10.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.

The institutional investor owned 814,833 shares of the company’s stock after selling 98,677 shares during the period. AQR Capital Management LLC owned about 1.33% of Ollie’s Bargain Outlet worth $79,357,000 as of its most recent filing with the Securities & Exchange Commission.



Other hedge funds have also recently modified their holdings of the company. Squarepoint Ops LLC increased its stake in Ollie’s Bargain Outlet by 45.1% during the 2nd quarter.

Squarepoint Ops LLC now owns 262,087 shares of the company’s stock worth $25,729,000 after buying an additional 81,483 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Ollie’s Bargain Outlet by 76.9% in the second quarter.

Marshall Wace LLP now owns 229,442 shares of the company’s stock worth $22,524,000 after acquiring an additional 99,706 shares during the last quarter. Interval Partners LP purchased a new stake in shares of Ollie’s Bargain Outlet during the second quarter worth approximately $6,919,000. Bank of Montreal Can raised its stake in Ollie’s Bargain Outlet by 2.

4% in the 2nd quarter. Bank of Montreal Can now owns 8,319 shares of the company’s stock valued at $820,000 after purchasing an additional 195 shares during the last quarter. Finally, Lombard Odier Asset Management USA Corp acquired a new position in Ollie’s Bargain Outlet in the 2nd quarter valued at $287,000.

Analysts Set New Price Targets Several equities research analysts have issued reports on OLLI shares. Morgan Stanley lifted their target price on shares of Ollie’s Bargain Outlet from $80.00 to $92.

00 and gave the stock an “equal weight” rating in a research note on Thursday, June 6th. Bank of America upped their price objective on shares of Ollie’s Bargain Outlet from $92.00 to $102.

00 and gave the company a “buy” rating in a research note on Thursday, June 6th. Wells Fargo & Company increased their price objective on shares of Ollie’s Bargain Outlet from $85.00 to $100.

00 and gave the company an “overweight” rating in a report on Thursday, June 6th. Royal Bank of Canada lowered their target price on Ollie’s Bargain Outlet from $101.00 to $100.

00 and set an “outperform” rating on the stock in a report on Friday, August 30th. Finally, Craig Hallum increased their price target on Ollie’s Bargain Outlet from $100.00 to $105.

00 and gave the company a “buy” rating in a report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.

com, the stock currently has an average rating of “Moderate Buy” and an average price target of $103.33. Insider Activity In related news, SVP Kevin Mclain sold 15,000 shares of the stock in a transaction that occurred on Monday, September 16th.

The shares were sold at an average price of $98.99, for a total transaction of $1,484,850.00.

Following the completion of the transaction, the senior vice president now owns 10,610 shares of the company’s stock, valued at approximately $1,050,283.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website .

In related news, SVP Kevin Mclain sold 15,000 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $98.99, for a total transaction of $1,484,850.

00. Following the transaction, the senior vice president now owns 10,610 shares of the company’s stock, valued at approximately $1,050,283.90.

The transaction was disclosed in a filing with the SEC, which is available through this hyperlink . Also, SVP James J. Comitale sold 2,153 shares of Ollie’s Bargain Outlet stock in a transaction dated Tuesday, July 16th.

The shares were sold at an average price of $104.17, for a total value of $224,278.01.

Following the completion of the transaction, the senior vice president now directly owns 2,732 shares of the company’s stock, valued at $284,592.44. The disclosure for this sale can be found here .

In the last three months, insiders have sold 24,632 shares of company stock valued at $2,459,421. Company insiders own 0.87% of the company’s stock.

Ollie’s Bargain Outlet Stock Down 2.1 % OLLI stock opened at $98.66 on Friday.

Ollie’s Bargain Outlet Holdings, Inc. has a 52-week low of $68.05 and a 52-week high of $104.

98. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 31.

12, a price-to-earnings-growth ratio of 2.54 and a beta of 0.84.

The business has a fifty day moving average of $95.28 and a two-hundred day moving average of $86.82.

Ollie’s Bargain Outlet ( NASDAQ:OLLI – Get Free Report ) last issued its quarterly earnings data on Thursday, August 29th. The company reported $0.78 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.

78. Ollie’s Bargain Outlet had a return on equity of 13.27% and a net margin of 9.

19%. The firm had revenue of $578.38 million during the quarter, compared to the consensus estimate of $561.

60 million. During the same period last year, the company earned $0.67 EPS.

The company’s quarterly revenue was up 12.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Ollie’s Bargain Outlet Holdings, Inc.

will post 3.28 EPS for the current year. Ollie’s Bargain Outlet Profile ( Free Report ) Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise in the United States.

The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products. Further Reading Five stocks we like better than Ollie’s Bargain Outlet How to Invest in Tech Stocks and Top Tech Stocks to Consider Rocket Lab Stock Soars: Should Investors Chase the Rally? Consumer Staples Stocks, Explained KB Home Slips After Earnings: What’s Next for Homebuilders? Investing in the High PE Growth Stocks Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Want to see what other hedge funds are holding OLLI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ollie’s Bargain Outlet Holdings, Inc.

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