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King Luther Capital Management cut its stake in Ollie's Bargain Outlet by 18%, despite the company beating earnings estimates.
King Luther Capital Management Corp reduced its holdings in Ollie's Bargain Outlet by 18.0% to 90,553 shares, valued at $9,936,000, while Tortoise Investment Management LLC and Edgestream Partners L.P. have recently invested in the company.
Ollie's reported earnings of $0.58 per share, slightly beating analysts' estimates.
Despite this, analysts recommend other investments like NVIDIA and Oracle over Ollie's.
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King Luther Capital Management redujo su participación en Ollie's Bargain Outlet en un 18%, a pesar de que la compañía superó las estimaciones de ingresos.