Oatly Group AB (NASDAQ:OTLY) Stock Holdings Raised by Jane Street Group LLC

Jane Street Group LLC raised its holdings in Oatly Group AB (NASDAQ:OTLY - Free Report) by 52.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 218,465 shares of the company's stock after acquiring an additional 75,209 shares during the period. Jane Street Group LLC's holdings in Oatly Group were worth $137,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Marshall Wace LLP lifted its holdings in shares of Oatly Group by 2,169.1% during the 4th quarter. Marshall Wace LLP now owns 1,433,468 shares of the company's stock worth $946,000 after acquiring an additional 1,370,295 shares during the period. Geode Capital Management LLC increased its position in Oatly Group by 463.2% during the fourth quarter. Geode Capital Management LLC now owns 94,353 shares of the company's stock worth $63,000 after purchasing an additional 77,600 shares during the last quarter. Intrinsic Edge Capital Management LLC acquired a new position in Oatly Group during the fourth quarter worth approximately $1,259,000. Portolan Capital Management LLC raised its stake in Oatly Group by 66.8% during the fourth quarter. Portolan Capital Management LLC now owns 7,915,716 shares of the company's stock worth $5,247,000 after purchasing an additional 3,169,805 shares during the period. Finally, Performa Ltd US LLC boosted its holdings in shares of Oatly Group by 36.8% in the 4th quarter. Performa Ltd US LLC now owns 145,000 shares of the company's stock valued at $96,000 after purchasing an additional 39,000 shares during the last quarter. 68.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on OTLY. Mizuho set a $24.00 price objective on Oatly Group in a report on Monday, April 28th. DA Davidson upped their price target on Oatly Group from $15.00 to $17.00 and gave the stock a "buy" rating in a research note on Monday, May 5th. Barclays restated an "overweight" rating on shares of Oatly Group in a report on Thursday, May 1st. Finally, Piper Sandler decreased their target price on Oatly Group from $16.00 to $12.00 and set an "overweight" rating for the company in a report on Thursday, May 1st. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $16.80.

Oatly Group Stock Up 8.9%

NASDAQ OTLY traded up $1.02 during trading hours on Friday, hitting $12.49. The company had a trading volume of 218,243 shares, compared to its average volume of 146,005. The firm's 50 day moving average is $9.93 and its 200 day moving average is $11.09. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.56 and a quick ratio of 0.44. Oatly Group AB has a fifty-two week low of $6.00 and a fifty-two week high of $23.40. The company has a market capitalization of $373.80 million, a price-to-earnings ratio of -1.84 and a beta of 1.89.

Oatly Group (NASDAQ:OTLY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported ($0.51) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.96) by $0.45. The business had revenue of $197.53 million during the quarter, compared to analyst estimates of $199.97 million. Oatly Group had a negative return on equity of 70.33% and a negative net margin of 24.52%. Sell-side analysts anticipate that Oatly Group AB will post -3.2 earnings per share for the current fiscal year.

About Oatly Group

Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Europe, the Middle East, Africa, the Americas, and Asia. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; cooking products, including cooking cream, in regular and organic, Crème Fraiche, whipping cream, vanilla custard, and spreads in a variety of flavors; and ready-to-go drinks.