Stephen Case Purchases 2,109 Shares of Maui Land & Pineapple (NYSE:MLP) Stock

Maui Land & Pineapple Company, Inc. (NYSE:MLP) Director Stephen Case bought 2,109 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was bought at an average cost of $15.48 per share, with a total value of $32,647.32. Following the transaction, the director directly owned 11,966,054 shares in the company, valued at approximately $185,234,515.92. The trade was a 0.02% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Maui Land & Pineapple Stock Up 0.4%

Shares of Maui Land & Pineapple stock traded up $0.06 during trading on Monday, reaching $15.91. The company had a trading volume of 29,518 shares, compared to its average volume of 18,874. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.77 and a current ratio of 0.77. Maui Land & Pineapple Company, Inc. has a fifty-two week low of $13.84 and a fifty-two week high of $24.48. The firm’s fifty day moving average is $16.26 and its 200-day moving average is $16.86. The company has a market cap of $314.04 million, a price-to-earnings ratio of -22.40 and a beta of 0.75.

Institutional Investors Weigh In On Maui Land & Pineapple

Several large investors have recently made changes to their positions in MLP. Deutsche Bank AG boosted its position in shares of Maui Land & Pineapple by 233.2% during the first quarter. Deutsche Bank AG now owns 6,868 shares of the financial services provider’s stock worth $121,000 after buying an additional 4,807 shares during the period. Nuveen LLC bought a new stake in Maui Land & Pineapple during the 1st quarter valued at $181,000. Valueworks LLC boosted its position in Maui Land & Pineapple by 14.5% during the 1st quarter. Valueworks LLC now owns 919,343 shares of the financial services provider’s stock worth $16,153,000 after acquiring an additional 116,076 shares during the period. Strs Ohio bought a new position in shares of Maui Land & Pineapple in the first quarter worth $26,000. Finally, First Hawaiian Bank acquired a new position in shares of Maui Land & Pineapple during the first quarter valued at $52,710,000. Institutional investors and hedge funds own 24.55% of the company’s stock.

Analysts Set New Price Targets

MLP has been the topic of several research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Maui Land & Pineapple in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Maui Land & Pineapple from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Maui Land & Pineapple currently has an average rating of “Sell”.

Maui Land & Pineapple Company Profile

Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.