Fresh Del Monte Produce, Inc. (FDP) Holdings Lifted by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC grew its position in Fresh Del Monte Produce, Inc. (NYSE:FDP) by 1.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 152,296 shares of the company’s stock after purchasing an additional 2,588 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.30% of Fresh Del Monte Produce worth $7,753,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Fresh Del Monte Produce by 7.9% in the 1st quarter. Vanguard Group Inc. now owns 3,545,924 shares of the company’s stock worth $210,026,000 after purchasing an additional 259,884 shares during the last quarter. BlackRock Inc. grew its position in Fresh Del Monte Produce by 1,147.2% in the 1st quarter. BlackRock Inc. now owns 2,383,366 shares of the company’s stock worth $141,167,000 after purchasing an additional 2,192,263 shares during the last quarter. LSV Asset Management grew its position in Fresh Del Monte Produce by 2.5% in the 2nd quarter. LSV Asset Management now owns 2,169,822 shares of the company’s stock worth $110,465,000 after purchasing an additional 52,300 shares during the last quarter. Northern Trust Corp grew its position in Fresh Del Monte Produce by 11.7% in the 2nd quarter. Northern Trust Corp now owns 868,327 shares of the company’s stock worth $44,206,000 after purchasing an additional 90,867 shares during the last quarter. Finally, State Street Corp grew its position in Fresh Del Monte Produce by 1.7% in the 1st quarter. State Street Corp now owns 667,104 shares of the company’s stock worth $39,512,000 after purchasing an additional 11,392 shares during the last quarter. Hedge funds and other institutional investors own 66.81% of the company’s stock.

In other Fresh Del Monte Produce news, CFO Richard Contreras sold 7,320 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $48.84, for a total value of $357,508.80. Following the completion of the sale, the chief financial officer now owns 7,320 shares in the company, valued at approximately $357,508.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael J. Berthelot sold 1,021 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $47.07, for a total transaction of $48,058.47. The disclosure for this sale can be found here. Insiders sold a total of 55,189 shares of company stock valued at $2,692,266 in the last 90 days. Corporate insiders own 36.90% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was published by Community Financial News and is the property of of Community Financial News. If you are accessing this report on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The original version of this report can be read at https://www.com-unik.info/2017/10/18/fresh-del-monte-produce-inc-fdp-holdings-lifted-by-parametric-portfolio-associates-llc.html.

Fresh Del Monte Produce, Inc. (NYSE FDP) opened at 47.01 on Wednesday. The company has a market capitalization of $2.36 billion, a PE ratio of 14.95 and a beta of 0.42. Fresh Del Monte Produce, Inc. has a 12-month low of $45.32 and a 12-month high of $66.86. The stock has a 50 day moving average of $46.58 and a 200 day moving average of $51.18.

Fresh Del Monte Produce (NYSE:FDP) last posted its quarterly earnings data on Tuesday, August 1st. The company reported $1.40 earnings per share for the quarter, missing the consensus estimate of $1.55 by ($0.15). The company had revenue of $1.15 billion during the quarter. Fresh Del Monte Produce had a net margin of 3.99% and a return on equity of 10.23%. The company’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.75 EPS. On average, equities research analysts predict that Fresh Del Monte Produce, Inc. will post $3.88 EPS for the current year.

Fresh Del Monte Produce Profile

Fresh Del Monte Produce Inc is a holding company. The Company, through its subsidiaries, is engaged in sourcing, transportation and marketing of fresh and fresh-cut produce together with prepared food products in Europe, Africa and the Middle East. Its operations are aggregated into business segments on the basis of its products: bananas, other fresh produce and prepared food.

Want to see what other hedge funds are holding FDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fresh Del Monte Produce, Inc. (NYSE:FDP).

Institutional Ownership by Quarter for Fresh Del Monte Produce (NYSE:FDP)

What are top analysts saying about Fresh Del Monte Produce Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Fresh Del Monte Produce Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit