According to the most recent report that TD Asset Management INC provided to the Securities and Exchange Commission (SEC), the investment management company liquidated some of its holdings in Matson, INC (NYSE: MATX) during the third quarter of 2018.
The total number of shares of the transportation company’s stock that the fund owned went up to 68,100 after the fund sold 14,200 shares throughout the period.
The most recent filing that TD Asset Management INC made with the SEC revealed that the company owned 0.17% of Matson, which had a market value of $4,188,000.
A number of the company’s other institutional investors have made changes in the past few years to the proportion of the company’s stock they own.
Through the third quarter, Ronald Blue Trust INC was able to boost the proportion of Matson stock owned by 92.7%.
As a result of the purchase of an additional 179 shares during the most recent fiscal quarter, Ronald Blue Trust INC now owns a total of 372 shares of the shipping company’s stock, which has a value of $27,000.
This brings the total number of shares owned by Ronald Blue Trust INC to 372. First Horizon Advisors INC increased the amount of Matson stock held by 1,573.1% during the year’s second quarter. First Horizon Advisors INC now has a total of 435 shares of the shipping company’s stock worth $31,000 after purchasing an additional 409 shares over the most recent quarter.
These shares were purchased through an open market transaction.
Islay Capital Management LLC increased its holdings in Matson during the third quarter by investing an additional $32,000.
During the second quarter of the fiscal year, Investors Asset Management of Georgia INC (GA ADV) invested $36,000 in a new stock issued by Matson.
During the second quarter, Gladius Capital Management LP invested $39,000 into a new stake in Matson.
This brings us to our last point.
The majority of the company’s stock is owned by large financial institutions, which account for 83.55% of the total.
Additionally, on November 8 November 8, Matthew J. Cox, the company’s Chief Executive Officer, sold 7,500 shares of the company’s stock.
The transaction involved the sale of the shares at an average price of $69.74 per share, which resulted in a total sale volume of $523,050.00. Following the successful conclusion of the sale, the Chief Executive Officer will become the owner of 238.239 shares of company stock.
The total value of these shares is $16,614,787.86. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available. On November 8 November 8, Matthew J. Cox, the Chief Executive Officer of Matson, sold 7,500 shares of the company’s stock.
The transaction took place that day.
The transaction involved the sale of the shares at an average price of $69.74 per share, which resulted in a total sale volume of $523,050.00. Following the transaction’s conclusion, the company’s chief executive officer now directly owns a total of 238,239 shares of the company’s stock, which together have an approximate value of $16,614,787.86.
If you follow this link, you will be taken to the filing submitted to the Securities and Exchange Commission, where the transaction was discussed, and it will take you there immediately.
In addition, on November 9 and November 9, John P.
Lauer, Executive Vice President of the company, sold 2,000 of the company’s shares of stock.
The price of each share was determined to be $68.41, resulting in a total sale volume of $136,820.00 brought in by the transaction.
The transaction resulted in the executive vice president acquiring ownership of 33,745 shares of company stock, which together have a value of $2,308,495.45.
Disclosures that are related to the sale might be found in this section of the website. Corporate insiders have made a total profit of $676,120 from the sale of 9,769 shares of company stock over the past three months.
At this time, company insiders hold ownership of 1.90 percent of the outstanding shares of stock.
When trading started on Monday, a share of Matson’s stock was going for $71.28 per share.
This corporation has a beta value of 1.22, a price-to-earnings ratio of 2.10, and a market capitalization of $2.69 billion.
The company’s simple moving average over the past 50 days is $63.19, and its simple moving average over the past 200 days is $69.76. When this article was written, the one-year low for Matson, INC was $58.06, and the one-year high for the company was $125.34.
A debt-to-equity ratio of 0.20, a quick ratio of 1.46, a current ratio of 1.46, and a quick ratio of 1.46 are all present.
In addition, the business just recently announced the payment of a quarterly dividend, which will take place on March 2, March 2. Registered investors will be given a dividend payment of $0.31 per share that will be distributed on Thursday, February 9, February 9.
This results in a yield of 1.74 percent and an annual dividend payment of $1.24a quarterly dividend, which will take place on March 2, March 2. Registered investors will be given a dividend payment of $0.31 per share that will be distributed on Thursday, February 9, February 9.
This results in a yield of 1.74 percent as well as an annual dividend payment of $1.24.
This dividend will be paid out to shareholders with accounts in good standing as of February 8, which is the next business day.
The payout ratio for Matson currently sits at 3.65 percent of total revenue.
In recent years, MATX has been the focus of a great deal of attention in various research publications. Wolfe Research upgraded its rating on Matson’s shares from “underperform” to “peer perform” in a report on the company’s stock published on Thursday, November 17, and made available to the general public.
Matson was given a rating of “Hold” by Stifel Nicolaus in a research report issued on Thursday, January 19.
In addition, the price objective the firm had previously set for Matson shares was lowered from $79.00 to $73.00.
The report was focused on the company. StockNews.com previously gave Matson a “buy” recommendation, but this was downgraded to a “hold” rating in a research report published on November 4.
The final and most significant adjustment was made here.
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