Tejon Ranch Co (NYSE:TRC) Director Daniel R. Tisch acquired 1,096,169 shares of Tejon Ranch stock in a transaction that occurred on Friday, October 27th. The stock was purchased at an average price of $18.00 per share, with a total value of $19,731,042.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Tejon Ranch Co (NYSE TRC) opened at $19.61 on Monday. The company has a current ratio of 1.22, a quick ratio of 0.94 and a debt-to-equity ratio of 0.20.

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A number of large investors have recently made changes to their positions in TRC. Wells Fargo & Company MN lifted its position in shares of Tejon Ranch by 2.0% during the 2nd quarter. Wells Fargo & Company MN now owns 9,777 shares of the real estate development and agribusiness company’s stock valued at $201,000 after acquiring an additional 189 shares during the period. Rhumbline Advisers lifted its position in shares of Tejon Ranch by 1.0% during the 2nd quarter. Rhumbline Advisers now owns 20,665 shares of the real estate development and agribusiness company’s stock valued at $427,000 after acquiring an additional 205 shares during the period. Schwab Charles Investment Management Inc. lifted its position in shares of Tejon Ranch by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 53,653 shares of the real estate development and agribusiness company’s stock valued at $1,108,000 after acquiring an additional 342 shares during the period. Nationwide Fund Advisors lifted its position in shares of Tejon Ranch by 5.6% during the 2nd quarter. Nationwide Fund Advisors now owns 9,662 shares of the real estate development and agribusiness company’s stock valued at $199,000 after acquiring an additional 516 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Tejon Ranch by 19.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,965 shares of the real estate development and agribusiness company’s stock valued at $185,000 after acquiring an additional 1,436 shares during the period. Hedge funds and other institutional investors own 73.46% of the company’s stock.

Separately, BidaskClub downgraded shares of Tejon Ranch from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th.

Tejon Ranch Company Profile

Tejon Ranch Co is a diversified real estate development and agribusiness company. The Company operates through five segments: Real Estate-Commercial/Industrial; Real Estate-Resort/Residential; Mineral Resources; Farming Operations, and Ranch Operations. Its Real Estate-Commercial/Industrial segment is engaged in building, land lease activities, and land and building sales.

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