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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Qualcomm (QCOM) Stock Declined While Saturna Capital Has Trimmed Stake by $432000 …

Towerview Llc increased its stake in Alico Inc (ALCO) by 25.23% based on its latest 2018Q3 regulatory filing with the SEC. Towerview Llc bought …

QUALCOMM Incorporated (NASDAQ:QCOM) Logo

Towerview Llc increased its stake in Alico Inc (ALCO) by 25.23% based on its latest 2018Q3 regulatory filing with the SEC. Towerview Llc bought 16,628 shares as the company’s stock declined 2.01% with the market. The institutional investor held 82,541 shares of the consumer non-durables company at the end of 2018Q3, valued at $2.79 million, up from 65,913 at the end of the previous reported quarter. Towerview Llc who had been investing in Alico Inc for a number of months, seems to be bullish on the $226.25M market cap company. The stock increased 0.07% or $0.02 during the last trading session, reaching $30.35. About 4,695 shares traded. Alico, Inc. (NASDAQ:ALCO) has risen 2.28% since January 21, 2018 and is uptrending. It has outperformed by 2.28% the S&P500. Some Historical ALCO News: 07/05/2018 – ALICO INC – QTRLY SHR LOSS $0.67; 07/05/2018 – ALICO INC – QTRLY ADJ SHR $0.25; 21/04/2018 DJ Alico Inc, Inst Holders, 1Q 2018 (ALCO); 07/05/2018 – Alico 2Q Rev $35.6M; 07/05/2018 – ALICO INC – QTRLY TOTAL OPERATING REVENUES $35.6 MLN VS $56.2 MLN; 07/05/2018 – Alico 2Q Loss/Shr 67c

Saturna Capital Corp decreased its stake in Qualcomm (QCOM) by 0.71% based on its latest 2018Q3 regulatory filing with the SEC. Saturna Capital Corp sold 6,000 shares as the company’s stock declined 20.85% with the market. The institutional investor held 835,897 shares of the radio and television broadcasting and communications equipment company at the end of 2018Q3, valued at $60.21 million, down from 841,897 at the end of the previous reported quarter. Saturna Capital Corp who had been investing in Qualcomm for a number of months, seems to be less bullish one the $67.00 billion market cap company. The stock increased 0.91% or $0.5 during the last trading session, reaching $55.27. About 28.02M shares traded or 70.04% up from the average. QUALCOMM Incorporated (NASDAQ:QCOM) has declined 12.25% since January 21, 2018 and is downtrending. It has underperformed by 12.25% the S&P500. Some Historical QCOM News: 18/05/2018 – BEIJING OFFICIAL SAYS QUALCOMM-NXP DEAL LOOKING MORE OPTIMISTIC NOW – CNBC, CITING DJ; 08/03/2018 – Qualcomm Raises Dividend, Reminds Investors of NXP Deal — Barron’s Blog; 12/03/2018 – TRUMP ISSUES ORDER TO BLOCK BROADCOM’S TAKEOVER OF QUALCOMM; 28/03/2018 – NXP/Qualcomm face MOFCOM meeting delay, sources say [16:09 BST28 Mar 2018] [Proprietary] []; 04/05/2018 – Apple’s Eddy Cue to Be Deposed in Qualcomm Patent Battle; 13/03/2018 – Dealbook: Memo to Qualcomm: National Champions Have to Deliver: DealBook Briefing; 14/05/2018 – U.S. China ZTE deal also would involve speeding China review of Qualcomm deal for NXP; 19/04/2018 – Qualcomm Is in the Eye of U.S.-China Storm Again; 06/04/2018 – Qualcomm River Holdings Extends Offering Period of Its Previously Announced Cash Tender Offer; 08/03/2018 – Broadcom Bid for Qualcomm Is Likely to Face Longer U.S. Review

Since August 27, 2018, it had 0 buys, and 7 insider sales for $8.28 million activity. The insider ROGERS ALEXANDER H sold 854 shares worth $61,642. On Thursday, December 13 Rosenberg Donald J sold $524,895 worth of QUALCOMM Incorporated (NASDAQ:QCOM) or 9,048 shares.

Among 37 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 20 Hold. Therefore 43% are positive. Qualcomm Inc. had 171 analyst reports since July 23, 2015 according to SRatingsIntel. Barclays Capital downgraded it to “Equal-Weight” rating and $50 target in Monday, March 28 report. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Underweight” rating given on Monday, March 19 by Morgan Stanley. The company was maintained on Monday, June 5 by RBC Capital Markets. Northland Capital upgraded the shares of QCOM in report on Friday, September 15 to “Outperform” rating. The rating was maintained by Canaccord Genuity on Tuesday, September 25 with “Buy”. The firm has “Neutral” rating given on Friday, November 3 by Citigroup. The rating was maintained by KeyBanc Capital Markets on Thursday, July 26 with “Overweight”. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, November 19 report. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, October 12. The rating was maintained by Evercore on Monday, January 14 with “In-Line”.

Investors sentiment decreased to 0.77 in 2018 Q3. Its down 0.17, from 0.94 in 2018Q2. It worsened, as 48 investors sold QCOM shares while 521 reduced holdings. 153 funds opened positions while 285 raised stakes. 1.05 billion shares or 4.81% less from 1.10 billion shares in 2018Q2 were reported. 68,909 were accumulated by Meritage Portfolio. Puzo Michael J invested in 0.18% or 6,475 shares. Janney Montgomery Scott Ltd Liability Corporation owns 254,499 shares. Eagleclaw Cap Managment Ltd Liability holds 24,089 shares. Barrett Asset Mgmt Limited Liability Corp holds 0.01% or 1,065 shares in its portfolio. Tiedemann Advsrs Limited owns 3,037 shares. Boyd Watterson Asset Limited Liability Corp Oh reported 0.27% stake. 6,635 were reported by Hall Laurie J Trustee. Livingston Asset Management (Operating As Southport Cap Management) owns 0.15% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 4,860 shares. Stelac Advisory Services Ltd Liability Corporation stated it has 2,475 shares or 0.05% of all its holdings. Sandy Spring State Bank holds 52,863 shares or 0.31% of its portfolio. Bruni J V And Co Co invested 4.43% in QUALCOMM Incorporated (NASDAQ:QCOM). Shell Asset Management holds 0.35% or 244,367 shares in its portfolio. Payden And Rygel invested in 0.02% or 4,500 shares. Estabrook Capital Management has invested 0% in QUALCOMM Incorporated (NASDAQ:QCOM).

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Investorplace.com which released: “Qualcomm Stock Has a Rally Brewing – Investorplace.com” on January 08, 2019, also Nasdaq.com with their article: “Micron Scores Big Automotive Deals With Intel and Qualcomm – Nasdaq” published on January 11, 2019, Seekingalpha.com published: “Qualcomm talks self-driving cars, 5G at CES – Seeking Alpha” on January 07, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Nasdaq.com and their article: “Here’s How Much Apple Was Paying Qualcomm in Royalties – Nasdaq” published on January 14, 2019 as well as Nasdaq.com‘s news article titled: “3 Blue Chip Tech Stocks to Buy Now – Nasdaq” with publication date: January 02, 2019.

Saturna Capital Corp, which manages about $3.98 billion and $3.43B US Long portfolio, upped its stake in Colgate (NYSE:CL) by 4,600 shares to 537,608 shares, valued at $35.99M in 2018Q3, according to the filing. It also increased its holding in Glaxosmithkline Adr (NYSE:GSK) by 42,600 shares in the quarter, for a total of 397,107 shares, and has risen its stake in Cisco Systems (NASDAQ:CSCO).

Analysts await QUALCOMM Incorporated (NASDAQ:QCOM) to report earnings on January, 30. They expect $0.91 earnings per share, up 7.06% or $0.06 from last year’s $0.85 per share. QCOM’s profit will be $1.10 billion for 15.18 P/E if the $0.91 EPS becomes a reality. After $0.76 actual earnings per share reported by QUALCOMM Incorporated for the previous quarter, Wall Street now forecasts 19.74% EPS growth.

More notable recent Alico, Inc. (NASDAQ:ALCO) news were published by: Globenewswire.com which released: “Alico, Inc. Announces Preliminary Results Of Tender Offer – GlobeNewswire” on October 04, 2018, also Globenewswire.com with their article: “Alico, Inc. Announces Final Results Of Tender Offer – GlobeNewswire” published on October 09, 2018, Seekingalpha.com published: “Alico Trades At Large Discount To NAV – Seeking Alpha” on April 10, 2018. More interesting news about Alico, Inc. (NASDAQ:ALCO) were released by: Globenewswire.com and their article: “Alico, Inc. Announces Financial Results for Fiscal Year 2017 – GlobeNewswire” published on December 11, 2017 as well as Globenewswire.com‘s news article titled: “Alico, Inc. Announces Financial Results for Fiscal Year 2018 Along With Update on Alico 2.0 Modernization Program – GlobeNewswire” with publication date: December 06, 2018.

Towerview Llc, which manages about $204.67 million US Long portfolio, decreased its stake in Brt Apartments Corp Com (NYSE:BRT) by 161,100 shares to 248,900 shares, valued at $3.00M in 2018Q3, according to the filing.

Investors sentiment decreased to 1.2 in 2018 Q3. Its down 1.58, from 2.78 in 2018Q2. It turned negative, as 6 investors sold ALCO shares while 9 reduced holdings. 1 funds opened positions while 17 raised stakes. 6.13 million shares or 0.42% more from 6.10 million shares in 2018Q2 were reported. Bnp Paribas Arbitrage holds 108 shares or 0% of its portfolio. Gmt Corp invested in 366,664 shares. Horizon Kinetics Ltd Liability accumulated 29,800 shares or 0.02% of the stock. Tiaa Cref Investment Lc holds 0% or 7,537 shares. California Employees Retirement Sys accumulated 8,000 shares. 140,451 are owned by Third Avenue Management Lc. Barclays Public Limited Company invested in 2,120 shares or 0% of the stock. 347,992 are owned by Trafelet Brokaw Cap Mgmt L P. Citigroup, a New York-based fund reported 902 shares. Panagora Asset Mngmt holds 2,604 shares or 0% of its portfolio. Towerview Limited Liability Co invested in 82,541 shares or 1.36% of the stock. New York State Common Retirement Fund has invested 0% in Alico, Inc. (NASDAQ:ALCO). Vanguard Group Inc Inc Inc has invested 0% in Alico, Inc. (NASDAQ:ALCO). Blackrock holds 243,990 shares. California-based California State Teachers Retirement Sys has invested 0% in Alico, Inc. (NASDAQ:ALCO).

Alico, Inc. (NASDAQ:ALCO) Institutional Positions Chart

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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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Renaissance Technologies LLC Increases Position in Alico, Inc. (ALCO)

Renaissance Technologies LLC increased its stake in shares of Alico, Inc. (NASDAQ:ALCO) by 6.0% in the second quarter, according to the company …

Alico logoRenaissance Technologies LLC increased its stake in shares of Alico, Inc. (NASDAQ:ALCO) by 6.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,291 shares of the company’s stock after buying an additional 3,800 shares during the quarter. Renaissance Technologies LLC owned about 0.82% of Alico worth $2,133,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. BlackRock Inc. grew its stake 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 during the last quarter. Dimensional Fund Advisors LP grew its stake in 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 buying an additional 12,004 shares during the last quarter. Finally, 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 worth $863,000 after buying an additional 3,532 shares during the last quarter. Hedge funds and other institutional investors own 74.74% of the company’s stock.

In other news, insider George R. Brokaw sold 524,795 shares of the stock in a transaction on Wednesday, October 3rd. The stock was sold at an average price of $34.00, for a total value of $17,843,030.00. Following the completion of the transaction, the insider now owns 372,701 shares of the company’s stock, valued at $12,671,834. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 60.10% of the company’s stock.

A number of research analysts recently commented on ALCO shares. BidaskClub downgraded Alico from a “buy” rating to a “hold” rating in a research note on Thursday, November 8th. ValuEngine upgraded Alico from a “hold” rating to a “buy” rating in a research note on Friday, October 19th.

Shares of NASDAQ:ALCO traded down $0.15 on Friday, hitting $33.21. The company’s stock had a trading volume of 4,905 shares, compared to its average volume of 5,242. Alico, Inc. has a 12 month low of $25.55 and a 12 month 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.

COPYRIGHT VIOLATION NOTICE: This story was originally reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this story on another publication, it was stolen and republished in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at https://www.baseballdailydigest.com/2018/11/17/alico-inc-alco-shares-bought-by-renaissance-technologies-llc.html.

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.

Further Reading: How to Invest in an Index Fund

Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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