Willamette Valley Vineyards (NASDAQ:WVVI) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI) in a research report sent to investors on Tuesday morning. The firm issued a hold rating on the stock.

Willamette Valley Vineyards Stock Up 2.9 %

Shares of NASDAQ:WVVI opened at $4.54 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.33 and a quick ratio of 0.28. The stock has a market cap of $22.52 million, a price-to-earnings ratio of -7.05 and a beta of 0.70. The company has a 50 day moving average of $5.01 and a 200-day moving average of $5.21. Willamette Valley Vineyards has a one year low of $4.40 and a one year high of $6.59.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its earnings results on Tuesday, March 26th. The company reported ($0.15) EPS for the quarter. The business had revenue of $10.75 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 4.09% and a negative net margin of 3.06%.

Institutional Trading of Willamette Valley Vineyards

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Willamette Valley Vineyards by 4.1% in the 1st quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock valued at $1,931,000 after buying an additional 8,461 shares in the last quarter. Creative Planning increased its holdings in shares of Willamette Valley Vineyards by 99.4% in the third quarter. Creative Planning now owns 31,100 shares of the company’s stock worth $183,000 after acquiring an additional 15,500 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of Willamette Valley Vineyards during the second quarter worth about $81,000. Finally, UBS Group AG lifted its holdings in shares of Willamette Valley Vineyards by 42.9% during the 1st quarter. UBS Group AG now owns 5,663 shares of the company’s stock valued at $51,000 after purchasing an additional 1,700 shares in the last quarter. 12.24% of the stock is owned by institutional investors.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.