Lingohr & Partner Asset Management GmbH increased its holdings in shares of Fresh Del Monte Produce, Inc. (NYSE:FDP) by 59.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,195 shares of the company’s stock after acquiring an additional 9,057 shares during the period. Lingohr & Partner Asset Management GmbH’s holdings in Fresh Del Monte Produce were worth $1,180,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FDP. UBS Asset Management Americas Inc. grew its position in Fresh Del Monte Produce by 43.5% during the 1st quarter. UBS Asset Management Americas Inc. now owns 22,340 shares of the company’s stock worth $1,323,000 after acquiring an additional 6,774 shares during the last quarter. Vanguard Group Inc. grew its position in Fresh Del Monte Produce by 7.9% during the 1st quarter. Vanguard Group Inc. now owns 3,545,924 shares of the company’s stock worth $210,026,000 after acquiring an additional 259,884 shares during the last quarter. BlackRock Inc. grew its position in Fresh Del Monte Produce by 1,147.2% during the 1st quarter. BlackRock Inc. now owns 2,383,366 shares of the company’s stock worth $141,167,000 after acquiring an additional 2,192,263 shares during the last quarter. Bank of America Corp DE grew its position in Fresh Del Monte Produce by 188.1% during the 1st quarter. Bank of America Corp DE now owns 28,434 shares of the company’s stock worth $1,684,000 after acquiring an additional 18,565 shares during the last quarter. Finally, State Street Corp grew its position in Fresh Del Monte Produce by 1.7% during the 1st quarter. State Street Corp now owns 667,104 shares of the company’s stock worth $39,512,000 after acquiring an additional 11,392 shares during the last quarter. Institutional investors and hedge funds own 65.33% of the company’s stock.

Fresh Del Monte Produce, Inc. (NYSE:FDP) traded down $0.13 during midday trading on Friday, reaching $46.49. The company had a trading volume of 200,200 shares, compared to its average volume of 408,520. The company has a market cap of $2,312.27, a price-to-earnings ratio of 16.97 and a beta of 0.40. Fresh Del Monte Produce, Inc. has a 1-year low of $43.02 and a 1-year high of $66.86. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.27 and a current ratio of 2.64.

Fresh Del Monte Produce (NYSE:FDP) last released its quarterly earnings results on Tuesday, October 31st. The company reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.62). The business had revenue of $952.70 million for 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 was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.17 EPS.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Wednesday, November 15th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.60 dividend on an annualized basis and a yield of 1.29%. Fresh Del Monte Produce’s dividend payout ratio (DPR) is presently 22.06%.

In other Fresh Del Monte Produce news, SVP Paul Rice sold 1,280 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $49.50, for a total transaction of $63,360.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Hector Rivera sold 4,452 shares of the company’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $49.22, for a total value of $219,127.44. Following the transaction, the vice president now directly owns 4,452 shares in the company, valued at approximately $219,127.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,150 shares of company stock worth $634,382. 36.90% of the stock is owned by corporate insiders.

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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.

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

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