Bank of New York Mellon Corp raised its position in Fresh Del Monte Produce, Inc. (NYSE:FDP) by 48.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 594,651 shares of the company’s stock after purchasing an additional 193,496 shares during the quarter. Bank of New York Mellon Corp owned 1.20% of Fresh Del Monte Produce worth $27,033,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. LSV Asset Management raised 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 period. Northern Trust Corp raised 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 period. State Street Corp raised its position in Fresh Del Monte Produce by 5.5% in the 2nd quarter. State Street Corp now owns 703,883 shares of the company’s stock worth $35,833,000 after purchasing an additional 36,779 shares during the period. Numeric Investors LLC raised its position in Fresh Del Monte Produce by 0.5% in the 2nd quarter. Numeric Investors LLC now owns 532,733 shares of the company’s stock worth $27,121,000 after purchasing an additional 2,900 shares during the period. Finally, Teachers Advisors LLC raised its position in Fresh Del Monte Produce by 8.5% in the 2nd quarter. Teachers Advisors LLC now owns 456,167 shares of the company’s stock worth $23,223,000 after purchasing an additional 35,688 shares during the period. 65.40% of the stock is currently owned by institutional investors.

Shares of Fresh Del Monte Produce, Inc. (NYSE FDP) opened at $47.29 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.64 and a quick ratio of 1.27. Fresh Del Monte Produce, Inc. has a 1 year low of $43.02 and a 1 year high of $62.81. The firm has a market cap of $2,348.08, a PE ratio of 17.23 and a beta of 0.44.

Fresh Del Monte Produce (NYSE:FDP) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.62). The firm had revenue of $952.70 million during the quarter. Fresh Del Monte Produce had a return on equity of 7.62% and a net margin of 3.40%. Fresh Del Monte Produce’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.17 earnings per share.

The business also recently announced a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Wednesday, November 15th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date was Tuesday, November 14th. Fresh Del Monte Produce’s dividend payout ratio (DPR) is presently 22.06%.

ILLEGAL ACTIVITY WARNING: “Fresh Del Monte Produce, Inc. (FDP) Position Increased by Bank of New York Mellon Corp” was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States and international trademark & copyright legislation. The original version of this piece of content can be read at https://www.watchlistnews.com/fresh-del-monte-produce-inc-fdp-position-increased-by-bank-of-new-york-mellon-corp/1761185.html.

About Fresh Del Monte Produce

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)

Receive News & Ratings for Fresh Del Monte Produce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresh Del Monte Produce and related companies with Analyst Ratings Network's FREE daily email newsletter.