Fresh Del Monte Produce Inc (FDP) Position Cut by Lingohr & Partner Asset Management GmbH

Lingohr & Partner Asset Management GmbH lowered its holdings in shares of Fresh Del Monte Produce Inc (NYSE:FDP) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,903 shares of the company’s stock after selling 1,292 shares during the quarter. Lingohr & Partner Asset Management GmbH’s holdings in Fresh Del Monte Produce were worth $1,092,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Algert Global LLC purchased a new position in Fresh Del Monte Produce during the 3rd quarter valued at $695,000. Dean Investment Associates LLC lifted its holdings in shares of Fresh Del Monte Produce by 93.9% in the 3rd quarter. Dean Investment Associates LLC now owns 125,780 shares of the company’s stock worth $5,718,000 after buying an additional 60,920 shares during the period. California Public Employees Retirement System lifted its holdings in shares of Fresh Del Monte Produce by 20.6% in the 3rd quarter. California Public Employees Retirement System now owns 10,496 shares of the company’s stock worth $477,000 after buying an additional 1,796 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in shares of Fresh Del Monte Produce in the 3rd quarter worth $240,000. Finally, Vident Investment Advisory LLC lifted its holdings in shares of Fresh Del Monte Produce by 26.4% in the 3rd quarter. Vident Investment Advisory LLC now owns 51,255 shares of the company’s stock worth $2,330,000 after buying an additional 10,710 shares during the period. Institutional investors own 65.37% of the company’s stock.

Shares of Fresh Del Monte Produce Inc (NYSE:FDP) traded down $0.49 during mid-day trading on Friday, hitting $48.67. The company’s stock had a trading volume of 194,600 shares, compared to its average volume of 225,692. Fresh Del Monte Produce Inc has a twelve month low of $43.02 and a twelve month high of $62.80. The stock has a market cap of $2,445.07, a PE ratio of 17.89 and a beta of 0.44. The company has a quick ratio of 1.27, a current ratio of 2.64 and a debt-to-equity ratio of 0.15.

Fresh Del Monte Produce (NYSE:FDP) last issued its earnings results on Tuesday, October 31st. The company reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.62). Fresh Del Monte Produce had a return on equity of 7.62% and a net margin of 3.40%. The firm had revenue of $952.70 million during the quarter. During the same period last year, the company earned $1.17 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis.

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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.

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

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