November 17, 2016 - By Richard Conner · 0 Comments
Crimson Wine Group LTD (CWGL) institutional sentiment increased to 1.67 in 2016 Q2. Its up 1.17, from 0.5 in 2016Q1. The ratio improved, as 5 institutional investors started new and increased positions, while 3 sold and decreased their positions in Crimson Wine Group LTD. The institutional investors in our partner’s database reported: 5.85 million shares, down from 6.02 million shares in 2016Q1. Also, the number of institutional investors holding Crimson Wine Group LTD in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 3 Increased: 4 New Position: 1.
Crimson Wine Group, Ltd. is engaged in producing and selling ultra-premium and luxury wines. The company has a market cap of $229.23 million. The Firm operates through two divisions: Wholesale Sales and Direct to Consumer Sales. It has a 71.03 P/E ratio. The Wholesale Sales segment includes all sales through a third party where prices are given at a wholesale rate whereas Direct to Consumer Sales segment includes retail sales in the tasting room, remote sites and at on-site events, Wine Club sales, and other sales made directly to the consumer without the use of an intermediary.
It is down 10.08% since April 15, 2016 and is uptrending. It has outperformed by 5.46% the S&P500.
According to Zacks Investment Research, “Crimson Wine Group, Ltd. is an owner and operator of boutique, estate-based wineries that produce wines in the regions of California, Oregon and Washington. The Company’s wineries include Pine Ridge Vineyards, Seghesio Family Vineyards, Archery Summit Winery, Chamisal Vineyards and Double Canyon Vineyards. Crimson Wine Group, Ltd. is headquartered in Napa, California.”
Price Michael F holds 1.03% of its portfolio in Crimson Wine Group Ltd for 928,500 shares. Beck Mack & Oliver Llc owns 3.12 million shares or 0.92% of their US portfolio. Moreover, Motley Fool Asset Management Llc has 0.23% invested in the company for 124,841 shares. The New York-based Hudson Bay Capital Management Lp has invested 0.22% in the stock. Iat Reinsurance Co Ltd., a New York-based fund reported 30,026 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 36 insider buys, and 0 selling transactions for $1.01 million net activity.
Crimson Wine Group, Ltd. (Crimson), incorporated on February 28, 1991, is engaged in producing and selling ultra-premium and luxury wines. The Firm operates through two divisions: Wholesale Sales and Direct to Consumer Sales. The Wholesale Sales segment includes all sales through a third party where prices are given at a wholesale rate whereas Direct to Consumer Sales segment includes retail sales in the tasting room, remote sites and at on-site events, Wine Club sales, and other sales made directly to the consumer without the use of an intermediary. The Company, through its subsidiaries, owns over four wineries, including Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards and Seghesio Family Vineyards. In addition, Crimson owns Double Canyon Vineyards, which owns land in the Horse Heaven Hills of Washington’s Columbia Valley.
More important recent Crimson Wine Group Ltd (OTCMKTS:CWGL) news were published by: Seekingalpha.com which released: “Wisdom In Wine: Crimson Wine Group’s Durable Value” on September 29, 2016, also Prnewswire.com published article titled: “Crimson Wine Group Announces Upcoming Arrival of The Estates Wine Room in …”, Seekingalpha.com published: “Value Ignored: Crimson Wine Group” on April 29, 2016. More interesting news about Crimson Wine Group Ltd (OTCMKTS:CWGL) was released by: Prnewswire.com and their article: “CRIMSON WINE GROUP, LTD. COMPLETES SPIN-OFF FROM LEUCADIA NATIONAL CORPORATION” with publication date: February 25, 2013.
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By Richard Conner