Capital Fund Management S.A. Has $8.83 Million Stock Position in Dutch Bros Inc. $BROS

Key Points

• Capital Fund Management S.A. increased its stake in Dutch Bros by 145.1% in Q3, now owning 168,630 shares after buying an additional 99,828 shares, a position worth about $8.83 million (≈0.10% of the company).
• Dutch Bros beat estimates for the most recent quarter with EPS of $0.17 versus $0.10 expected and revenue of $443.61 million (up 29.4% year-over-year, versus $424.44 million expected).
• Institutional investors own about 85.54% of the stock; the company has a market cap of $7.92 billion, a P/E of 75.24, a 52-week range of $46.52–$77.88, and a consensus analyst target of $76.73 (average rating: Moderate Buy).

Capital Fund Management S.A. raised its stake in Dutch Bros Inc. (NYSE:BROS - Free Report) by 145.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 168,630 shares of the company's stock after acquiring an additional 99,828 shares during the quarter. Capital Fund Management S.A. owned about 0.10% of Dutch Bros worth $8,826,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of Dutch Bros during the first quarter worth approximately $318,000. Empowered Funds LLC increased its stake in shares of Dutch Bros by 15.9% during the first quarter. Empowered Funds LLC now owns 33,843 shares of the company's stock worth $2,089,000 after purchasing an additional 4,633 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Dutch Bros by 7.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 305,714 shares of the company's stock worth $18,875,000 after purchasing an additional 22,323 shares during the last quarter. Prospera Financial Services Inc bought a new stake in Dutch Bros in the 2nd quarter valued at $482,000. Finally, Allworth Financial LP boosted its stake in Dutch Bros by 33.7% in the 2nd quarter. Allworth Financial LP now owns 3,080 shares of the company's stock valued at $211,000 after purchasing an additional 777 shares during the period. 85.54% of the stock is currently owned by institutional investors and hedge funds.

Dutch Bros Price Performance

Shares of NYSE BROS opened at $48.16 on Friday. The business has a fifty day moving average price of $56.03 and a two-hundred day moving average price of $57.88. The stock has a market capitalization of $7.92 billion, a PE ratio of 75.24, a P/E/G ratio of 1.85 and a beta of 2.54. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.49 and a quick ratio of 1.28. Dutch Bros Inc. has a fifty-two week low of $46.52 and a fifty-two week high of $77.88.

Dutch Bros (NYSE:BROS - Get Free Report) last released its earnings results on Thursday, February 12th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.07. The company had revenue of $443.61 million for the quarter, compared to analyst estimates of $424.44 million. Dutch Bros had a return on equity of 9.56% and a net margin of 4.87%.Dutch Bros's quarterly revenue was up 29.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.07 EPS. As a group, equities analysts predict that Dutch Bros Inc. will post 0.57 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on BROS. TD Cowen reaffirmed a "buy" rating and issued a $73.00 price objective on shares of Dutch Bros in a report on Friday, February 13th. KeyCorp reissued an "overweight" rating on shares of Dutch Bros in a research report on Friday, January 9th. Citigroup decreased their price target on shares of Dutch Bros from $82.00 to $81.00 and set a "buy" rating on the stock in a research note on Friday, February 13th. Zacks Research lowered shares of Dutch Bros from a "strong-buy" rating to a "hold" rating in a research report on Friday, November 21st. Finally, Wolfe Research initiated coverage on shares of Dutch Bros in a research note on Monday. They issued an "outperform" rating and a $77.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $76.73.

About Dutch Bros

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.

Want to see what other hedge funds are holding BROS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dutch Bros Inc. (NYSE:BROS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.