According to the most recent report submitted to the Securities and Exchange Commission, the State of Alaska Department of Revenue sold off 16.3 percent of its stake in Fresh Del Monte Produce Inc. (NYSE: FDP) during the third quarter. Following the transaction during the quarter, the company now has a total holding of 21,195 shares after selling 4,125 of those shares. The most recent report that Fresh Del Monte Produce provided to the Securities and Exchange Commission indicated that the value of the company’s share in the State of Alaska Department of Revenue was determined to be $490.000.
In addition, hedge funds and various other institutional investors have altered how they invest in the company to take advantage of recent developments. Quantbot Technologies LP initiated a new position in Fresh Del Monte Produce during the second quarter of the year, and the value of that position was 32 thousand dollars. Captrust Financial Advisors’ ability to call Fresh Del Monte Produce their own increased by 235.6% in the year’s first three months. The value of the 2,168 shares of the company that are now owned directly by Captrust Financial Advisors brings the firm’s total investment to $56,000. During the most recent fiscal quarter, an additional 1,522 shares were purchased, which made this accomplishment possible. The KBC Group NV created a new position in Fresh Del Monte Produce during the second quarter, and the starting salary was set at 78,000 dollars per year. In addition, fresh Del Monte Produce received an investment from Alan B. Lancz & Associates, Inc. for 131 thousand dollars during the second quarter.
Last but not least, during the period covered by the report for the second quarter, the percentage of ownership of Fresh Del Monte Produce that Mutual of America Capital Management LLC held increased by 17.2%. Since the beginning of the most recent fiscal quarter, the number of shares that Mutual of America Capital Management LLC owns in the company has increased by 8,266. The current total value of those shares is $166,000.00. Institutional investors and hedge funds own 64.82 percent of the company’s stock.
The NYSE Financial Derivatives Product began trading for $27.58 on Friday. The price of fresh produce sold by Fresh Del Monte Produce Inc. ranged from a low of $22.63 to a high of $31.44 over the previous year. Although the current ratio is 1.88 and the quick ratio is 0.90, the debt-to-equity ratio, the current ratio, and the quick ratio all equal 0.26. The company’s market capitalization is currently sitting at $1.32 billion, while its price-to-earnings ratio stands at 19.29, and its beta coefficient sits at 0.66. The price of a share of the company’s stock is currently trading at a fifty-day moving average of $26.95 and a two-hundred-day moving average of $27.14, respectively.
On November 2, a report was made available to the public regarding the recent performance of Fresh Del Monte Produce (NYSE: FDP). During the period covered by the report, the business achieved an average profit per share of $0.54. The sum in question represents the total revenue that the company generated over the relevant period. In addition, the overall return on equity for Fresh Del Monte Produce was 3.43%, and the company’s net margin was 1.56%. Both of these figures are presented as percentages.
In addition, the company has just announced and paid out a quarterly dividend, which was done so on December 9, after the dividend was declared and paid out. On Wednesday, November 16, $0.15 dividend payments per share were mailed out to stockholders who already had their information on file. November 15, a Tuesday, was the date on which shareholders were responsible for paying taxes on this dividend. This translates into a dividend payment of $0.60 per month and a dividend yield of 2.18% for the stock when calculated annually. This figure is referred to as the dividend payout ratio (DPR) in financial jargon. Fresh Del Monte Produce has a DPR of 41.96%.
Fresh Del Monte Produce news also includes that on November 8, Director Michael J. Berthelot sold 1,400 shares of the company’s stock. This information is included in the news regarding Fresh Del Monte Produce. A total of 3,914 shares of the company were sold, and the proceeds were valued at $39,140.00, based on the average price of $27.96 per share. Following the completion of the sale, the director has accumulated a total of 13,861 shares of company stock, which can be purchased for the current market price of $387,553.56. Information regarding the sale submitted to the Securities and Exchange Commission can be accessed online through the SEC’s website’s stock. This information is included in the news regarding Fresh Del Monte Produce. A total of 3,914 shares of the company were sold, and the proceeds were valued at $39,140.00, based on the average price of $27.96 per share. Following the completion of the sale, the director has accumulated a total of 13,861 shares of company stock, which can be purchased for the current market price of $387,553.56. Information regarding the sale submitted to the Securities and Exchange Commission can currently be accessed online through the SEC’s website. On November 8, Director Michael J. Berthelot sold 1,400 shares of the company’s stock, as was reported in other news. This is just one of the many events that have happened in recent times. Thirty-nine thousand one hundred forty-four dollars worth of shares were transacted at an average price of $27.96 per share, leading to a sale volume of $39,140.00. After the completion of the transaction, the director now possesses 13,861 shares of the company. Based on the current stock price, these shares are approximately worth $387,553.56. Should you follow this link, you will be taken to the SEC filing in which the transaction was discussed in greater detail. In addition, Senior Vice President Helmuth Lutty sold 7,159 shares of the company