Willamette Valley Vineyards (NASDAQ:WVVI) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of Willamette Valley Vineyards (NASDAQ:WVVI – Get Rating) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

WVVI stock opened at $6.16 on Wednesday. The stock has a market capitalization of $30.55 million, a PE ratio of 47.39 and a beta of 0.87. The company’s 50-day moving average is $7.49 and its 200-day moving average is $8.85. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.23 and a quick ratio of 1.51. Willamette Valley Vineyards has a 1 year low of $5.80 and a 1 year high of $17.43.

Willamette Valley Vineyards (NASDAQ:WVVI – Get Rating) last released its quarterly earnings data on Thursday, May 12th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $6.24 million for the quarter. Willamette Valley Vineyards had a return on equity of 6.61% and a net margin of 6.89%.

A number of hedge funds and other institutional investors have recently made changes to their positions in WVVI. Colony Group LLC bought a new position in Willamette Valley Vineyards in the 3rd quarter valued at about $291,000. Advisor Group Holdings Inc. lifted its position in shares of Willamette Valley Vineyards by 65.9% during the 4th quarter. Advisor Group Holdings Inc. now owns 12,916 shares of the company’s stock worth $112,000 after buying an additional 5,131 shares in the last quarter. Navellier & Associates Inc. bought a new position in shares of Willamette Valley Vineyards during the 4th quarter worth approximately $95,000. Vanguard Group Inc. lifted its position in shares of Willamette Valley Vineyards by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 213,403 shares of the company’s stock worth $1,931,000 after buying an additional 8,461 shares in the last quarter. Finally, UBS Group AG lifted its position 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 worth $51,000 after buying an additional 1,700 shares in the last quarter.

Willamette Valley Vineyards Company Profile (Get Rating)

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, Blanc de Blancs, 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 Oregon Blossom branded wine under the Oregon Cellars label.

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