Tudor Investment Corp ET AL Has $4.47 Million Stock Holdings in Dole PLC $DOLE

Tudor Investment Corp ET AL increased its position in shares of Dole PLC (NYSE:DOLE) by 254.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 332,609 shares of the company’s stock after acquiring an additional 238,819 shares during the period. Tudor Investment Corp ET AL’s holdings in Dole were worth $4,470,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. grew its stake in Dole by 30.6% in the third quarter. Victory Capital Management Inc. now owns 4,938,971 shares of the company’s stock valued at $66,380,000 after purchasing an additional 1,155,983 shares in the last quarter. River Road Asset Management LLC increased its position in Dole by 2.8% in the 2nd quarter. River Road Asset Management LLC now owns 4,073,685 shares of the company’s stock worth $58,009,000 after purchasing an additional 111,081 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Dole by 7.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,815,916 shares of the company’s stock worth $51,284,000 after purchasing an additional 276,997 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Dole by 13.6% during the 3rd quarter. American Century Companies Inc. now owns 2,078,957 shares of the company’s stock worth $27,941,000 after purchasing an additional 248,703 shares in the last quarter. Finally, Impax Asset Management Group plc lifted its holdings in shares of Dole by 9.8% during the 3rd quarter. Impax Asset Management Group plc now owns 1,675,545 shares of the company’s stock valued at $22,519,000 after buying an additional 148,896 shares during the last quarter.

Dole Trading Up 0.9%

Shares of NYSE:DOLE opened at $14.47 on Thursday. The company has a current ratio of 1.17, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $1.38 billion, a PE ratio of 27.30, a P/E/G ratio of 1.16 and a beta of 0.64. Dole PLC has a 1 year low of $12.52 and a 1 year high of $16.57. The firm has a fifty day moving average price of $15.35 and a 200 day moving average price of $14.43.

Dole (NYSE:DOLE) last posted its earnings results on Wednesday, February 25th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. Dole had a return on equity of 7.81% and a net margin of 0.56%.The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period last year, the company earned $0.16 earnings per share. The business’s revenue was up 9.2% compared to the same quarter last year. Analysts expect that Dole PLC will post 1.19 EPS for the current fiscal year.

Dole Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 18th will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, March 18th. Dole’s dividend payout ratio (DPR) is presently 64.15%.

Analyst Ratings Changes

Several brokerages recently commented on DOLE. Weiss Ratings reissued a “hold (c-)” rating on shares of Dole in a research note on Monday, December 29th. Wall Street Zen lowered shares of Dole from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $16.00.

Dole Company Profile

Dole plc is a global producer, marketer and distributor of fresh fruits and vegetables. The company’s product range includes bananas, pineapples, berries, grapes, salads and a variety of other fresh and packaged produce, sold under the Dole brand and through private-label arrangements. Dole’s operations span the full fresh-produce value chain, from farming and sourcing to packing, ripening, cold‑chain logistics and wholesale and retail distribution, supporting both retail grocery and foodservice customers.

The company traces its commercial heritage to the early 20th century Hawaiian pineapple business founded by James Dole and has evolved through subsequent corporate restructurings and combinations.