PLBY Group, Inc. (NASDAQ:PLBY) Position Raised by Dynamic Advisor Solutions LLC
Dynamic Advisor Solutions LLC increased its stake in PLBY Group, Inc. (NASDAQ: PLBY – Get Rating) by 23.8% during the first quarter, reports HoldingsChannel.com. The institutional investor held 13,000 shares of the company after purchasing an additional 2,500 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in PLBY Group were worth $170,000 when it last filed with the SEC.
Other hedge funds have also recently been buying and selling shares of the company. CWM LLC acquired a new position in shares of PLBY Group during the fourth quarter worth $36,000. National Bank of Canada FI acquired a new position in shares of PLBY Group during the fourth quarter for a value of $70,000. Zurcher Kantonalbank Zurich Cantonalbank increased its equity stake in PLBY Group by 63.9% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,750 shares of the company valued at $73,000 after purchasing an additional 1,072 shares during the period. Steward Partners Investment Advisory LLC increased its equity stake in PLBY Group by 120.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,546 shares of the company valued at $94,000 after purchasing an additional 1,936 shares during the period. Finally, Danda Trouve Investment Management Inc. increased its stake in PLBY Group shares by 635.4% during the fourth quarter. Danda Trouve Investment Management Inc. now owns 3,964 shares of the company valued at $106,000 after purchasing an additional 3,425 shares during the period.
Shares of PLBY opened at $7.35 on Tuesday. The company’s 50-day moving average price is $8.66 and its 200-day moving average price is $14.77. The company has a current ratio of 1.30, a quick ratio of 0.84 and a debt ratio of 0.51. The stock has a market capitalization of $335.04 million, a P/E ratio of -4.51 and a beta of 3.11. PLBY Group, Inc. has a 1-year minimum of $6.94 and a 1-year maximum of $43.25.
PLBY Group (NASDAQ:PLBY – Get Rating) last released its quarterly earnings data on Tuesday, May 10. The company reported earnings per share (EPS) of $0.12 for the quarter, beating the consensus estimate of ($0.06) by $0.18. The company posted revenue of $69.40 million for the quarter, versus a consensus estimate of $68.52 million. PLBY Group had a negative return on equity of 11.58% and a negative net margin of 25.31%. The company’s revenue for the quarter increased by 62.5% compared to the same quarter last year. In the same quarter of the previous year, the company achieved EPS of $0.03. On average, research analysts predict that PLBY Group, Inc. will post 0.3 earnings per share for the current year.
PLBY has been the subject of a number of research analyst reports. Chardan Capital lowered its price target on PLBY Group from $49.00 to $39.00 and placed a “buy” rating on the stock in a Wednesday, March 2 report. Canaccord Genuity Group lowered its target price on PLBY Group from $47.00 to $36.00 in a Wednesday, March 2 report. Roth Capital reaffirmed a “buy” rating on PLBY Group shares in a Wednesday, March 2 report. Craig Hallum lowered his target price on PLBY Group from $50.00 to $30.00 in a Wednesday, May 11 report. Finally, Loop Capital lowered its price target on PLBY Group from $26.00 to $13.00 in a Monday, May 16 report. Five investment analysts have rated the stock with a buy rating. According to data from MarketBeat, PLBY Group currently has a consensus rating of “Buy” and a consensus price target of $34.00.
PLBY Group Company Profile (Get a rating)
PLBY Group, Inc. operates as a worldwide pleasure and recreation company. The Company operates through three segments: Licensing, Direct-to-Consumer, and Subscriptions and Digital Content. It offers sexual wellness products, such as products that enhance the sexual experience, lingerie, bedroom accessories, underwear and adult content; styling products and clothing for men and women; gaming and lifestyle products, including digital casinos and social gaming, and other home and hospitality offerings; and beauty and grooming products for men and women, such as skin care, hair care, bath and body, grooming, cosmetics and fragrance.
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