Towerview LLC Has $2.50 Million Stake in Alico, Inc. (ALCO)

Renaissance Technologies LLC lifted its holdings in Alico by 46.1% during the 3rd quarter. Renaissance Technologies LLC now owns 98,291 shares …

Alico logoTowerview LLC raised its stake in Alico, Inc. (NASDAQ:ALCO) by 5.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 92,000 shares of the company’s stock after purchasing an additional 4,610 shares during the quarter. Alico makes up about 1.4% of Towerview LLC’s portfolio, making the stock its 9th biggest holding. Towerview LLC owned 1.23% of Alico worth $2,503,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of ALCO. O Shaughnessy Asset Management LLC lifted its holdings in Alico by 247.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,178 shares of the company’s stock worth $64,000 after purchasing an additional 1,552 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Alico by 16.6% during the 4th quarter. Bessemer Group Inc. now owns 3,032 shares of the company’s stock worth $89,000 after purchasing an additional 432 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Alico by 4.9% during the 4th quarter. Geode Capital Management LLC now owns 34,364 shares of the company’s stock worth $1,013,000 after purchasing an additional 1,596 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Alico by 46.1% during the 3rd quarter. Renaissance Technologies LLC now owns 98,291 shares of the company’s stock worth $3,322,000 after purchasing an additional 31,000 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Alico by 16.5% during the 3rd quarter. Vanguard Group Inc. now owns 164,550 shares of the company’s stock worth $5,562,000 after purchasing an additional 23,285 shares during the last quarter. Hedge funds and other institutional investors own 71.43% of the company’s stock.

Shares of NASDAQ ALCO opened at $25.78 on Tuesday. The firm has a market capitalization of $192.58 million, a price-to-earnings ratio of 28.02 and a beta of 0.62. The company has a quick ratio of 0.82, a current ratio of 2.58 and a debt-to-equity ratio of 1.12. Alico, Inc. has a fifty-two week low of $25.25 and a fifty-two week high of $34.65.

ILLEGAL ACTIVITY WARNING: This story was published by Mayfield Recorder and is the property of of Mayfield Recorder. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://mayfieldrecorder.com/2019/05/28/towerview-llc-boosts-stake-in-alico-inc-alco.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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Bessemer Group Inc. Acquires 432 Shares of Alico, Inc. (ALCO)

Finally, Renaissance Technologies LLC grew its holdings in Alico by 46.1% during the 3rd quarter. Renaissance Technologies LLC now owns 98,291 …

Alico logoBessemer Group Inc. increased its holdings in shares of Alico, Inc. (NASDAQ:ALCO) by 16.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,032 shares of the company’s stock after buying an additional 432 shares during the period. Bessemer Group Inc.’s holdings in Alico were worth $89,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Dimensional Fund Advisors LP increased its stake in Alico by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 349,815 shares of the company’s stock worth $11,824,000 after buying an additional 8,549 shares during the period. BlackRock Inc. increased its stake in Alico by 1.8% during the 4th quarter. BlackRock Inc. now owns 248,476 shares of the company’s stock worth $7,330,000 after buying an additional 4,486 shares during the period. Vanguard Group Inc. increased its stake in Alico by 16.5% during the 3rd quarter. Vanguard Group Inc. now owns 164,550 shares of the company’s stock worth $5,562,000 after buying an additional 23,285 shares during the period. Vanguard Group Inc grew its holdings in Alico by 16.5% during the 3rd quarter. Vanguard Group Inc now owns 164,550 shares of the company’s stock worth $5,562,000 after acquiring an additional 23,285 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Alico by 46.1% during the 3rd quarter. Renaissance Technologies LLC now owns 98,291 shares of the company’s stock worth $3,322,000 after acquiring an additional 31,000 shares in the last quarter. 71.11% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ ALCO opened at $27.18 on Friday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.47 and a current ratio of 1.97. Alico, Inc. has a 52 week low of $26.77 and a 52 week high of $34.65.

Alico (NASDAQ:ALCO) last posted its quarterly earnings results on Monday, February 11th. The company reported ($0.14) EPS for the quarter. Alico had a negative return on equity of 0.29% and a net margin of 2.34%. The firm had revenue of $14.78 million for the quarter.

The company also recently declared a quarterly dividend, which will be paid on Friday, April 12th. Shareholders of record on Friday, March 29th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.88%. The ex-dividend date is Thursday, March 28th.

Separately, BidaskClub cut shares of Alico from a “buy” rating to a “hold” rating in a report on Saturday, December 1st.

TRADEMARK VIOLATION NOTICE: “Bessemer Group Inc. Acquires 432 Shares of Alico, Inc. (ALCO)” was posted by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this article on another website, it was stolen and reposted in violation of international copyright & trademark legislation. The legal version of this article can be accessed at https://www.fairfieldcurrent.com/news/2019/03/24/bessemer-group-inc-acquires-432-shares-of-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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Vanguard Group Inc Acquires 23285 Shares of Alico, Inc. (NASDAQ:ALCO)

Vanguard Group Inc boosted its position in Alico, Inc. (NASDAQ:ALCO) by 16.5% in the 3rd quarter, according to the company in its most recent …

Alico logoVanguard Group Inc boosted its position in Alico, Inc. (NASDAQ:ALCO) by 16.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 164,550 shares of the company’s stock after purchasing an additional 23,285 shares during the period. Vanguard Group Inc owned approximately 2.21% of Alico worth $5,562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bridgeway Capital Management Inc. increased its holdings in 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 in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Alico by 14.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 27,195 shares of the company’s stock worth $863,000 after acquiring an additional 3,532 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Alico by 6.0% during the 2nd quarter. Renaissance Technologies LLC now owns 67,291 shares of the company’s stock worth $2,133,000 after buying an additional 3,800 shares in the last quarter. BlackRock Inc. lifted its holdings in 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 buying an additional 7,053 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Alico by 2.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 349,815 shares of the company’s stock worth $11,824,000 after buying an additional 8,549 shares in the last quarter. 82.46% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub downgraded shares of Alico from a “buy” rating to a “hold” rating in a research report on Saturday, December 1st.

Shares of NASDAQ ALCO traded up $0.58 during midday trading on Tuesday, hitting $30.57. The company had a trading volume of 128 shares, compared to its average volume of 11,188. The company has a current ratio of 1.97, a quick ratio of 1.45 and a debt-to-equity ratio of 1.14. Alico, Inc. has a twelve month low of $25.75 and a twelve month high of $34.65.

Alico (NASDAQ:ALCO) last issued its quarterly earnings results on Thursday, December 6th. The company reported ($0.44) EPS for the quarter. Alico had a negative return on equity of 0.29% and a net margin of 2.34%. The firm had revenue of $1.63 million for the quarter.

TRADEMARK VIOLATION WARNING: “Vanguard Group Inc Acquires 23,285 Shares of Alico, Inc. (NASDAQ:ALCO)” was reported by Fairfield Current and is the property of of Fairfield Current. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright legislation. The legal version of this piece of content can be read at https://www.fairfieldcurrent.com/news/2019/02/19/vanguard-group-inc-has-5-56-million-position-in-alico-inc-alco.html.

Alico 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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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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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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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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