Quantbot Technologies LP Sells 20,224 Shares of Dutch Bros Inc. $BROS

Key Points

• Quantbot Technologies LP trimmed its stake in Dutch Bros by 65.5%, selling 20,224 shares and retaining 10,638 shares valued at about $557,000.
• Dutch Bros beat the quarter with $0.17 EPS versus $0.10 expected and $443.6M revenue, a 29.4% year‑over‑year increase.
• Shares opened at $51.44 (down 5.6%), the company has a market cap of ~$8.46B and ~85.5% institutional ownership, with analysts holding a Moderate Buy consensus and a $76.71 target.

Quantbot Technologies LP trimmed its position in shares of Dutch Bros Inc. (NYSE:BROS - Free Report) by 65.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,638 shares of the company's stock after selling 20,224 shares during the period. Quantbot Technologies LP's holdings in Dutch Bros were worth $557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Osterweis Capital Management Inc. purchased a new position in shares of Dutch Bros during the 2nd quarter valued at $27,000. Rakuten Securities Inc. increased its holdings in Dutch Bros by 557.4% in the 2nd quarter. Rakuten Securities Inc. now owns 447 shares of the company's stock worth $31,000 after acquiring an additional 379 shares during the last quarter. Caitlin John LLC bought a new stake in Dutch Bros in the 3rd quarter valued at about $44,000. MAI Capital Management raised its stake in Dutch Bros by 139.0% in the 3rd quarter. MAI Capital Management now owns 834 shares of the company's stock valued at $44,000 after acquiring an additional 485 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Dutch Bros by 31.5% during the third quarter. GAMMA Investing LLC now owns 856 shares of the company's stock valued at $45,000 after purchasing an additional 205 shares during the last quarter. 85.54% of the stock is owned by hedge funds and other institutional investors.

Dutch Bros Stock Down 5.6%

Shares of NYSE:BROS opened at $51.44 on Monday. The firm has a fifty day moving average price of $56.92 and a two-hundred day moving average price of $58.16. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 80.38, a PEG ratio of 1.84 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 one year low of $46.52 and a one year high of $77.88.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on BROS. KeyCorp reiterated an "overweight" rating on shares of Dutch Bros in a research note on Friday, January 9th. 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. Zacks Research lowered shares of Dutch Bros from a "strong-buy" rating to a "hold" rating in a research note on Friday, November 21st. DA Davidson initiated coverage on shares of Dutch Bros in a report on Friday. They set a "buy" rating and a $67.00 target price on the stock. Finally, Evercore set a $73.00 price target on Dutch Bros in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $76.71.

Dutch Bros Profile

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.

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