State Street Corp lifted its holdings in shares of Limoneira Co (NASDAQ:LMNR) by 15.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 198,221 shares of the company’s stock after acquiring an additional 25,932 shares during the period. State Street Corp owned approximately 1.38% of Limoneira worth $4,682,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Zacks Investment Management lifted its holdings in Limoneira by 1.1% during the 2nd quarter. Zacks Investment Management now owns 52,535 shares of the company’s stock valued at $1,241,000 after purchasing an additional 557 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Limoneira by 22.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 171,474 shares of the company’s stock valued at $4,052,000 after purchasing an additional 31,293 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in Limoneira by 184.0% during the 2nd quarter. D.A. Davidson & CO. now owns 7,100 shares of the company’s stock valued at $167,000 after purchasing an additional 4,600 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in Limoneira by 30.5% during the 2nd quarter. New York State Common Retirement Fund now owns 13,700 shares of the company’s stock valued at $324,000 after purchasing an additional 3,199 shares during the last quarter. Finally, Acrospire Investment Management LLC bought a new position in Limoneira during the 2nd quarter valued at about $123,000. 27.47% of the stock is owned by institutional investors.

In other Limoneira news, Director Ronald L. Michaelis sold 1,500 shares of the business’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $23.58, for a total value of $35,370.00. Following the completion of the transaction, the director now directly owns 9,686 shares of the company’s stock, valued at $228,395.88. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Harold S. Edwards sold 6,652 shares of the business’s stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of $23.00, for a total transaction of $152,996.00. The disclosure for this sale can be found here. Insiders have sold a total of 8,649 shares of company stock valued at $200,293 over the last three months. 5.70% of the stock is currently owned by insiders.

Several equities analysts recently issued reports on LMNR shares. BidaskClub downgraded shares of Limoneira from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Zacks Investment Research downgraded shares of Limoneira from a “buy” rating to a “hold” rating in a report on Friday, August 25th.

Limoneira Co (NASDAQ LMNR) opened at $23.29 on Thursday. Limoneira Co has a 1-year low of $16.39 and a 1-year high of $26.06. The stock has a market cap of $357.02, a PE ratio of 46.02 and a beta of 1.06. The company has a current ratio of 0.74, a quick ratio of 0.61 and a debt-to-equity ratio of 0.70.

Limoneira (NASDAQ:LMNR) last announced its quarterly earnings results on Monday, September 11th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.01). Limoneira had a net margin of 7.42% and a return on equity of 6.64%. The firm had revenue of $40.40 million for the quarter, compared to the consensus estimate of $37.94 million. During the same period in the prior year, the business earned $0.71 earnings per share. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. equities analysts predict that Limoneira Co will post 0.52 earnings per share for the current fiscal year.

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About Limoneira

Limoneira Company is engaged in agribusiness and real estate development. The Company’s operations consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. The Company’s segments include lemon operations, other agribusiness, rental operations and real estate development.

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Institutional Ownership by Quarter for Limoneira (NASDAQ:LMNR)

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