Vanguard Group Inc Has $5.56 Million Position in Alico, Inc. (ALCO)

Vanguard Group Inc lifted its stake in shares of Alico, Inc. (NASDAQ:ALCO) by 16.5% during the 3rd quarter, according to the company in its most …

Alico logoVanguard Group Inc lifted its stake in shares of Alico, Inc. (NASDAQ:ALCO) by 16.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 164,550 shares of the company’s stock after buying an additional 23,285 shares during the quarter. Vanguard Group Inc owned 2.21% of Alico worth $5,562,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. grew its stake in Alico by 14.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 27,195 shares of the company’s stock valued at $863,000 after purchasing an additional 3,532 shares in the last quarter. Bridgeway Capital Management Inc. grew its stake in Alico by 4.9% during the 3rd quarter. Bridgeway Capital Management Inc. now owns 42,821 shares of the company’s stock valued at $1,447,000 after purchasing an additional 2,000 shares in the last quarter. Renaissance Technologies LLC grew its stake in Alico by 6.0% during the 2nd quarter. Renaissance Technologies LLC now owns 67,291 shares of the company’s stock valued at $2,133,000 after purchasing an additional 3,800 shares in the last quarter. Towerview LLC grew its stake in Alico by 25.2% during the 3rd quarter. Towerview LLC now owns 82,541 shares of the company’s stock valued at $2,790,000 after purchasing an additional 16,628 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in Alico by 16.5% during the 3rd quarter. Vanguard Group Inc. now owns 164,550 shares of the company’s stock valued at $5,562,000 after purchasing an additional 23,285 shares in the last quarter. Institutional investors and hedge funds own 82.46% of the company’s stock.

Shares of ALCO traded up $0.34 during mid-day trading on Tuesday, hitting $30.04. The stock had a trading volume of 257 shares, compared to its average volume of 7,100. The company has a current ratio of 3.36, a quick ratio of 1.45 and a debt-to-equity ratio of 0.96. Alico, Inc. has a fifty-two week low of $25.75 and a fifty-two week high of $34.65.

Alico (NASDAQ:ALCO) last issued its earnings results on Thursday, December 6th. The company reported ($0.44) EPS for the quarter. The firm had revenue of $1.63 million during the quarter. Alico had a negative return on equity of 1.83% and a net margin of 16.06%.

ALCO has been the subject of a number of recent analyst reports. BidaskClub upgraded Alico from a “hold” rating to a “buy” rating in a research note on Wednesday, October 24th. ValuEngine upgraded Alico from a “hold” rating to a “buy” rating in a research note on Friday, October 19th.

TRADEMARK VIOLATION NOTICE: “Vanguard Group Inc Has $5.56 Million Position in Alico, Inc. (ALCO)” was originally posted by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.fairfieldcurrent.com/news/2019/02/12/vanguard-group-inc-has-5-56-million-position-in-alico-inc-alco.html.

About Alico

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Water Resources and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which comprise contracting for the harvesting, marketing, and hauling of citrus.

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Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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Renaissance Technologies LLC Grows Position in Alico, Inc. (NASDAQ:ALCO)

Renaissance Technologies LLC boosted its position in Alico, Inc. (NASDAQ:ALCO) by 46.1% during the third quarter, according to its most recent 13F …

Alico logoRenaissance Technologies LLC boosted its position in Alico, Inc. (NASDAQ:ALCO) by 46.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 98,291 shares of the company’s stock after buying an additional 31,000 shares during the quarter. Renaissance Technologies LLC owned approximately 1.20% of Alico worth $3,322,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. boosted its holdings in Alico by 14.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 27,195 shares of the company’s stock valued at $863,000 after purchasing an additional 3,532 shares during the period. Bridgeway Capital Management Inc. lifted its holdings in shares of Alico by 4.9% during the 3rd quarter. Bridgeway Capital Management Inc. now owns 42,821 shares of the company’s stock worth $1,447,000 after acquiring an additional 2,000 shares during the period. Towerview LLC lifted its holdings in shares of Alico by 25.2% during the 3rd quarter. Towerview LLC now owns 82,541 shares of the company’s stock worth $2,790,000 after acquiring an additional 16,628 shares during the period. BlackRock Inc. lifted its holdings in shares of Alico by 3.0% during the 2nd quarter. BlackRock Inc. now owns 242,566 shares of the company’s stock worth $7,690,000 after acquiring an additional 7,053 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Alico by 3.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 341,266 shares of the company’s stock worth $10,818,000 after acquiring an additional 12,004 shares during the period. Institutional investors and hedge funds own 82.39% of the company’s stock.

Alico stock opened at $29.82 on Monday. Alico, Inc. has a fifty-two week low of $25.55 and a fifty-two week high of $34.65. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.45 and a current ratio of 3.36.

Alico (NASDAQ:ALCO) last released its quarterly earnings data on Thursday, December 6th. The company reported ($0.44) earnings per share for the quarter. Alico had a negative return on equity of 1.83% and a net margin of 16.06%. The firm had revenue of $1.63 million for the quarter.

The business also recently declared a quarterly dividend, which was paid on Friday, January 11th. Shareholders of record on Friday, December 28th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend was Thursday, December 27th.

Several equities research analysts have weighed in on the stock. BidaskClub cut shares of Alico from a “buy” rating to a “hold” rating in a research report on Saturday, December 1st. ValuEngine upgraded shares of Alico from a “hold” rating to a “buy” rating in a research report on Friday, October 19th.

ILLEGAL ACTIVITY NOTICE: “Renaissance Technologies LLC Grows Position in Alico, Inc. (NASDAQ:ALCO)” was published by Fairfield Current and is the property of of Fairfield Current. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The legal version of this piece of content can be viewed at https://www.fairfieldcurrent.com/news/2019/01/28/alico-inc-alco-shares-bought-by-renaissance-technologies-llc.html.

Alico Company Profile

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Water Resources and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which comprise contracting for the harvesting, marketing, and hauling of citrus.

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Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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Alico, Inc. (ALCO) Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC increased its position in Alico, Inc. (NASDAQ:ALCO) by 46.1% in the 3rd quarter, according to the company in its most …

Alico logoRenaissance Technologies LLC increased its position in Alico, Inc. (NASDAQ:ALCO) by 46.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,291 shares of the company’s stock after buying an additional 31,000 shares during the quarter. Renaissance Technologies LLC owned about 1.20% of Alico worth $3,322,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in shares of Alico by 2.5% in the third quarter. Dimensional Fund Advisors LP now owns 349,815 shares of the company’s stock valued at $11,824,000 after buying an additional 8,549 shares during the period. BlackRock Inc. lifted its holdings in shares of Alico by 3.0% in the second quarter. BlackRock Inc. now owns 242,566 shares of the company’s stock valued at $7,690,000 after buying an additional 7,053 shares during the period. Towerview LLC lifted its holdings in shares of Alico by 25.2% in the third quarter. Towerview LLC now owns 82,541 shares of the company’s stock valued at $2,790,000 after buying an additional 16,628 shares during the period. Bridgeway Capital Management Inc. lifted its holdings in shares of Alico by 4.9% in the third quarter. Bridgeway Capital Management Inc. now owns 42,821 shares of the company’s stock valued at $1,447,000 after buying an additional 2,000 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Alico by 14.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 27,195 shares of the company’s stock valued at $863,000 after buying an additional 3,532 shares during the period. Institutional investors and hedge funds own 82.39% of the company’s stock.

Several analysts have recently weighed in on the company. BidaskClub upgraded Alico from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. ValuEngine upgraded Alico from a “hold” rating to a “buy” rating in a report on Friday, October 19th.

Shares of Alico stock opened at $30.35 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.36 and a quick ratio of 1.45. Alico, Inc. has a 12-month low of $25.55 and a 12-month high of $34.65.

Alico (NASDAQ:ALCO) last announced its earnings results on Thursday, December 6th. The company reported ($0.44) earnings per share (EPS) for the quarter. The company had revenue of $1.63 million for the quarter. Alico had a negative return on equity of 1.83% and a net margin of 16.06%.

The business also recently announced a quarterly dividend, which was paid on Friday, January 11th. Stockholders of record on Friday, December 28th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Thursday, December 27th.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece can be viewed at https://www.fairfieldcurrent.com/news/2019/01/21/alico-inc-alco-shares-bought-by-renaissance-technologies-llc.html.

About Alico

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Water Resources and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which comprise contracting for the harvesting, marketing, and hauling of citrus.

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Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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BlackRock Inc. Has $7.69 Million Position in Alico, Inc. (ALCO)

BlackRock Inc. increased its stake in Alico, Inc. (NASDAQ:ALCO) by 3.0% in the second quarter, according to the company in its most recent Form 13F …

Alico logoBlackRock Inc. increased its stake in Alico, Inc. (NASDAQ:ALCO) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 242,566 shares of the company’s stock after buying an additional 7,053 shares during the quarter. BlackRock Inc. owned about 2.96% of Alico worth $7,690,000 as of its most recent SEC filing.

Separately, Schwab Charles Investment Management Inc. lifted its position in Alico by 14.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 27,195 shares of the company’s stock worth $863,000 after buying an additional 3,532 shares during the last quarter. 74.74% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider George R. Brokaw sold 524,795 shares of Alico stock in a transaction on Wednesday, October 3rd. The stock was sold at an average price of $34.00, for a total transaction of $17,843,030.00. Following the completion of the sale, the insider now directly owns 372,701 shares in the company, valued at $12,671,834. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 60.10% of the stock is currently owned by company insiders.

ALCO has been the subject of a number of analyst reports. BidaskClub downgraded Alico from a “hold” rating to a “sell” rating in a research report on Thursday, August 30th. ValuEngine upgraded Alico from a “hold” rating to a “buy” rating in a research report on Friday, October 19th.

Shares of ALCO opened at $33.06 on Wednesday. Alico, Inc. has a 52-week low of $25.55 and a 52-week high of $34.65. The company has a debt-to-equity ratio of 0.97, a current ratio of 5.02 and a quick ratio of 3.11.

Alico (NASDAQ:ALCO) last released its earnings results on Monday, August 6th. The company reported $0.29 earnings per share for the quarter. Alico had a negative return on equity of 4.09% and a negative net margin of 7.94%. The business had revenue of $26.52 million during the quarter.

The firm also recently announced a quarterly dividend, which was paid on Friday, October 12th. Stockholders of record on Friday, September 28th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.24 annualized dividend and a dividend yield of 0.73%.

TRADEMARK VIOLATION NOTICE: “BlackRock Inc. Has $7.69 Million Position in Alico, Inc. (ALCO)” was originally reported by Fairfield Current and is owned by of Fairfield Current. If you are reading this story on another website, it was illegally copied and republished in violation of US and international trademark & copyright legislation. The correct version of this story can be read at https://www.fairfieldcurrent.com/2018/11/07/blackrock-inc-has-7-69-million-position-in-alico-inc-alco.html.

About Alico

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates through three segments: Alico Citrus, Conservation and Environmental Resources, and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets; and contracting for the harvesting, marketing, and hauling of citrus.

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Want to see what other hedge funds are holding ALCO?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alico, Inc. (NASDAQ:ALCO).

Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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Millennium Management LLC Reduces Position in Alico, Inc. (NASDAQ:ALCO)

Millennium Management LLC decreased its holdings in Alico, Inc. (NASDAQ:ALCO) by 75.4% during the 4th quarter, according to the company in its …

Alico logoMillennium Management LLC decreased its holdings in Alico, Inc. (NASDAQ:ALCO) by 75.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,169 shares of the company’s stock after selling 21,915 shares during the quarter. Millennium Management LLC owned approximately 0.09% of Alico worth $211,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Deutsche Bank AG raised its holdings in shares of Alico by 41.7% in the 4th quarter. Deutsche Bank AG now owns 14,577 shares of the company’s stock worth $428,000 after acquiring an additional 4,292 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of Alico by 71.0% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 21,479 shares of the company’s stock valued at $734,000 after acquiring an additional 8,917 shares during the period. Renaissance Technologies LLC grew its position in shares of Alico by 6.7% during the 4th quarter. Renaissance Technologies LLC now owns 69,091 shares of the company’s stock valued at $2,038,000 after acquiring an additional 4,347 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Alico by 5.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 304,037 shares of the company’s stock valued at $10,383,000 after acquiring an additional 15,210 shares during the period. 74.23% of the stock is currently owned by institutional investors.

Shares of Alico opened at $30.35 on Friday, MarketBeat reports. Alico, Inc. has a 52 week low of $25.55 and a 52 week high of $34.80. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.88 and a quick ratio of 2.09.

Alico (NASDAQ:ALCO) last announced its quarterly earnings results on Monday, May 7th. The company reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $35.60 million for the quarter. Alico had a negative net margin of 9.44% and a negative return on equity of 2.23%.

Several research analysts recently commented on the stock. BidaskClub raised shares of Alico from a “hold” rating to a “buy” rating in a report on Tuesday, April 17th. TheStreet raised shares of Alico from a “d+” rating to a “c-” rating in a report on Monday, April 9th.

Alico Profile

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates through three segments: Alico Citrus, Conservation and Environmental Resources, and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets; and contracting for the harvesting, marketing, and hauling of citrus.

Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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