Qsemble Capital Management LP Sells 18,654 Shares of Dutch Bros Inc. $BROS

Qsemble Capital Management LP lowered its stake in shares of Dutch Bros Inc. (NYSE:BROS) by 29.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,618 shares of the company’s stock after selling 18,654 shares during the quarter. Qsemble Capital Management LP’s holdings in Dutch Bros were worth $2,732,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Osterweis Capital Management Inc. bought a new position in Dutch Bros during the second quarter valued at about $27,000. Rakuten Securities Inc. grew its position in Dutch Bros by 557.4% during the second quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock valued at $31,000 after buying an additional 379 shares during the period. Brown Lisle Cummings Inc. bought a new position in Dutch Bros during the fourth quarter valued at about $31,000. MAI Capital Management grew its position in Dutch Bros by 139.0% during the third quarter. MAI Capital Management now owns 834 shares of the company’s stock valued at $44,000 after buying an additional 485 shares during the period. Finally, Caitlin John LLC bought a new position in Dutch Bros during the third quarter valued at about $44,000. Institutional investors own 85.54% of the company’s stock.

Key Dutch Bros News

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Director Todd Allan Penegor bought 2,000 shares of Dutch Bros (BROS) at about $51.17 each, boosting his stake by nearly 60%. Insider buying is often seen as a vote of confidence in the company’s outlook. Dutch Bros (NYSE:BROS) Director Todd Allan Penegor Acquires 2,000 Shares
• Positive Sentiment: Dutch Bros announced plans to buy back nearly 30 franchised stores in Arizona, a move that could increase company-operated store control and potentially improve long-term economics. Dutch Bros to buy back nearly 30 Arizona franchised stores
• Positive Sentiment: The company continued expanding into the Chicago area, including its first Chicagoland location and more stores planned nearby, reinforcing growth expectations. A look at the many Dutch Bros Coffee locations set to open in the Chicago area
• Positive Sentiment: Shareholders backed directors and governance proposals at the annual meeting, suggesting no major governance overhangs for investors right now. Dutch Bros Shareholders Back Directors and Governance Proposals

Dutch Bros Price Performance

Shares of NYSE:BROS opened at $51.12 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $8.93 billion, a PE ratio of 79.87, a P/E/G ratio of 1.68 and a beta of 2.40. Dutch Bros Inc. has a twelve month low of $44.58 and a twelve month high of $77.88. The company has a 50-day moving average price of $52.46 and a two-hundred day moving average price of $55.82.

Dutch Bros (NYSE:BROS) last issued its earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. The firm had revenue of $464.41 million during the quarter, compared to analyst estimates of $449.70 million. Dutch Bros had a net margin of 4.61% and a return on equity of 9.42%. The company’s quarterly revenue was up 30.7% on a year-over-year basis. During the same quarter last year, the business earned $0.14 earnings per share. Equities analysts forecast that Dutch Bros Inc. will post 0.84 EPS for the current year.

Insiders Place Their Bets

In other Dutch Bros news, Director Todd Allan Penegor bought 2,000 shares of the business’s stock in a transaction on Friday, May 15th. The stock was purchased at an average price of $51.17 per share, for a total transaction of $102,340.00. Following the completion of the transaction, the director directly owned 5,358 shares of the company’s stock, valued at $274,168.86. This trade represents a 59.56% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 38.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on BROS shares. UBS Group reiterated a “buy” rating on shares of Dutch Bros in a research note on Friday, April 10th. The Goldman Sachs Group upgraded Dutch Bros from a “neutral” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Monday, March 2nd. BNP Paribas Exane initiated coverage on Dutch Bros in a research note on Monday, March 30th. They issued an “outperform” rating and a $73.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Dutch Bros in a research report on Monday, April 20th. Finally, Barclays cut their target price on shares of Dutch Bros from $76.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.77.

Dutch Bros Company 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.