Universal Beteiligungs und Servicegesellschaft mbH Purchases New Shares in Dutch Bros Inc. (NYSE:BROS)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Dutch Bros Inc. (NYSE:BROS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 108,820 shares of the company's stock, valued at approximately $5,700,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Dutch Bros at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Jefferies Financial Group Inc. bought a new stake in Dutch Bros in the 4th quarter valued at about $2,585,000. Bernard Wealth Management Corp. purchased a new stake in Dutch Bros during the fourth quarter valued at about $43,000. Gould Capital LLC lifted its holdings in Dutch Bros by 20.4% during the fourth quarter. Gould Capital LLC now owns 826 shares of the company's stock valued at $43,000 after purchasing an additional 140 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in Dutch Bros during the fourth quarter valued at about $262,000. Finally, Neo Ivy Capital Management purchased a new stake in Dutch Bros during the fourth quarter valued at about $142,000. 85.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BROS has been the subject of a number of recent analyst reports. Guggenheim lifted their target price on Dutch Bros from $54.00 to $72.00 and gave the company a "buy" rating in a report on Monday, March 31st. Wells Fargo & Company initiated coverage on shares of Dutch Bros in a report on Wednesday, March 26th. They issued an "overweight" rating and a $80.00 price target on the stock. Wedbush reissued an "outperform" rating and issued a $90.00 price target on shares of Dutch Bros in a report on Monday, March 31st. UBS Group lowered their price target on shares of Dutch Bros from $90.00 to $80.00 and set a "buy" rating on the stock in a report on Monday, May 5th. Finally, TD Securities reissued a "buy" rating and issued a $78.00 price target on shares of Dutch Bros in a report on Thursday, May 8th. One equities research analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Dutch Bros currently has a consensus rating of "Buy" and an average target price of $75.73.

Insider Buying and Selling at Dutch Bros

In related news, major shareholder Dm Individual Aggregator, Llc sold 155,322 shares of Dutch Bros stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $68.24, for a total value of $10,599,173.28. Following the sale, the insider now owns 2,218,611 shares in the company, valued at $151,398,014.64. The trade was a 6.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Travis Boersma sold 531,526 shares of Dutch Bros stock in a transaction on Monday, May 19th. The shares were sold at an average price of $72.02, for a total transaction of $38,280,502.52. Following the completion of the sale, the chairman now owns 2,373,933 shares in the company, valued at approximately $170,970,654.66. This trade represents a 18.29% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,465,214 shares of company stock worth $237,721,138 over the last ninety days. Insiders own 42.40% of the company's stock.

Dutch Bros Price Performance

NYSE BROS traded down $1.03 on Tuesday, reaching $70.73. 1,558,166 shares of the company's stock traded hands, compared to its average volume of 3,172,886. Dutch Bros Inc. has a 12 month low of $26.96 and a 12 month high of $86.88. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.76 and a quick ratio of 1.58. The stock has a 50-day simple moving average of $62.75 and a 200 day simple moving average of $61.84. The stock has a market cap of $11.63 billion, a PE ratio of 208.11, a P/E/G ratio of 4.23 and a beta of 2.71.

Dutch Bros (NYSE:BROS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.03. Dutch Bros had a net margin of 2.75% and a return on equity of 6.78%. The business had revenue of $355.15 million for the quarter, compared to analysts' expectations of $343.30 million. During the same period last year, the business earned $0.09 earnings per share. The business's quarterly revenue was up 28.7% on a year-over-year basis. As a group, research analysts predict that Dutch Bros Inc. will post 0.57 earnings per share for the current year.

Dutch Bros Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.