Alico (ALCO) Valuation Declined While Birch Run Capital Advisors LP Has Cut Position; Hennessy …

Some Historical COF News: 11/05/2018 – FTC: Intellectual Ventures I LLC et al. v. Capital One Financial Corp. et al. – May 11, 2018; 08/05/2018 …

Alico, Inc. (NASDAQ:ALCO) Logo

Hennessy Advisors Inc increased its stake in Capital One Finl Corp (COF) by 21.74% based on its latest 2018Q4 regulatory filing with the SEC. Hennessy Advisors Inc bought 5,000 shares as the company’s stock declined 7.85% while stock markets rallied. The institutional investor held 28,000 shares of the major banks company at the end of 2018Q4, valued at $2.12 million, up from 23,000 at the end of the previous reported quarter. Hennessy Advisors Inc who had been investing in Capital One Finl Corp for a number of months, seems to be bullish on the $40.32 billion market cap company. The stock decreased 2.81% or $2.48 during the last trading session, reaching $85.87. About 2.64 million shares traded or 30.78% up from the average. Capital One Financial Corporation (NYSE:COF) has declined 13.68% since June 2, 2018 and is downtrending. It has underperformed by 18.05% the S&P500. Some Historical COF News: 11/05/2018 – FTC: Intellectual Ventures I LLC et al. v. Capital One Financial Corp. et al. – May 11, 2018; 08/05/2018 – MEDIA-Credit Suisse re-sells Capital One mortages to Pimco; 26/04/2018 – Fitch: Capital One’s Solid 1Q18 Results Aided by Moderating Asset Quality and Tax Reform; 24/04/2018 – CAPITAL ONE 1Q EPS $2.62; 08/05/2018 – Capital One Announces Sale of Approximately $17 billion of Mortgages to DLJ Mortgage Capital, Inc., a subsidiary of Credit Suisse AG; 15/05/2018 – CAPITAL ONE FINANCIAL – 30+ DAY PERFORMING DELINQUENCIES RATE FOR AUTO 5.23 PCT AT APRIL END VS 5.15 PCT AT MARCH END; 26/04/2018 – D.R. HORTON – AFFORDABILITY IN HOUSING IS JUST GOING TO BECOME MORE AND MORE DIFFICULT TO MAINTAIN – CEO ON COF CALL; 15/05/2018 – Capital One U.S. April Net Charge-Off Rate 5.04%; 24/04/2018 – Capital One 1Q Net Interest Income $5.72 Billion; 10/05/2018 – NATIONAL HEALTH INVESTORS INC NHI.N : CAPITAL ONE SECURITIES RAISES TO OVERWEIGHT RATING; RAISES TARGET PRICE TO $79

Birch Run Capital Advisors Lp decreased its stake in Alico Inc (ALCO) by 8.1% based on its latest 2018Q4 regulatory filing with the SEC. Birch Run Capital Advisors Lp sold 14,169 shares as the company’s stock declined 9.33% while stock markets rallied. The hedge fund held 160,810 shares of the consumer non-durables company at the end of 2018Q4, valued at $4.74 million, down from 174,979 at the end of the previous reported quarter. Birch Run Capital Advisors Lp who had been investing in Alico Inc for a number of months, seems to be less bullish one the $192.50M market cap company. The stock decreased 0.50% or $0.13 during the last trading session, reaching $25.77. About 4,463 shares traded. Alico, Inc. (NASDAQ:ALCO) has risen 12.34% since June 2, 2018 and is uptrending. It has outperformed by 7.97% the S&P500. Some Historical ALCO News: 07/05/2018 – Alico 2Q Rev $35.6M; 07/05/2018 – ALICO INC – QTRLY SHR LOSS $0.67; 07/05/2018 – ALICO INC – QTRLY ADJ SHR $0.25; 07/05/2018 – Alico 2Q Loss/Shr 67c; 07/05/2018 – ALICO INC – QTRLY TOTAL OPERATING REVENUES $35.6 MLN VS $56.2 MLN; 21/04/2018 DJ Alico Inc, Inst Holders, 1Q 2018 (ALCO)

Birch Run Capital Advisors Lp, which manages about $497.66M and $249.42M US Long portfolio, upped its stake in Cit Group Inc (NYSE:CIT) by 10,000 shares to 303,000 shares, valued at $11.60M in 2018Q4, according to the filing.

Investors sentiment decreased to 0.61 in Q4 2018. Its down 0.59, from 1.2 in 2018Q3. It fall, as 0 investors sold ALCO shares while 23 reduced holdings. 3 funds opened positions while 11 raised stakes. 5.30 million shares or 13.60% less from 6.13 million shares in 2018Q3 were reported. Gmt Cap Corp holds 0.34% or 308,378 shares. Moreover, Barclays Public Limited Co has 0% invested in Alico, Inc. (NASDAQ:ALCO) for 95 shares. 5,079 are held by California State Teachers Retirement. Wells Fargo Mn stated it has 8,174 shares. Retail Bank Of New York Mellon has invested 0% in Alico, Inc. (NASDAQ:ALCO). Deutsche Comml Bank Ag holds 4,637 shares. Dimensional Fund Advsrs LP accumulated 0% or 320,118 shares. Moreover, Tiaa Cref Invest Mngmt Limited Liability Co has 0% invested in Alico, Inc. (NASDAQ:ALCO). Ameritas Invest Partners Inc invested in 267 shares. State Street Corporation invested in 58,717 shares. Blackrock has invested 0% of its portfolio in Alico, Inc. (NASDAQ:ALCO). Legal & General Gp Pcl holds 0% or 568 shares in its portfolio. Jpmorgan Chase And holds 0% or 2,324 shares. Rodgers Brothers reported 0% of its portfolio in Alico, Inc. (NASDAQ:ALCO). Northern Corp holds 0% of its portfolio in Alico, Inc. (NASDAQ:ALCO) for 42,702 shares.

More notable recent Alico, Inc. (NASDAQ:ALCO) news were published by: Globenewswire.com which released: “Alico, Inc. Announces Financial Results for the First Quarter Ended December 31, 2018 – GlobeNewswire” on February 11, 2019, also Gurufocus.com with their article: “May 10, 2019 – Twin Tree Management, LP Buys SPDR S&P Oil & Gas Explor & Product, Edwards Lifesciences Corp, WisdomTree India Earnings Fund, Sells Walgreens Boots Alliance Inc, SPDR Select Sector Fund – Health Care, Apple Inc – GuruFocus.com” published on May 10, 2019, Globenewswire.com published: “Alico and Mr. Remy Trafelet Reach Amicable Resolution – GlobeNewswire” on February 11, 2019. More interesting news about Alico, Inc. (NASDAQ:ALCO) were released by: Seekingalpha.com and their article: “Insider Weekends: Cluster Of Purchases By Insiders Of U.S. Silica Holdings – Seeking Alpha” published on October 08, 2018 as well as Globenewswire.com‘s news article titled: “Alico Inc. Announces Restructuring Program Which Has Been Transforming it Into a More Competitive Company – GlobeNewswire” with publication date: November 16, 2017.

More notable recent Capital One Financial Corporation (NYSE:COF) news were published by: Benzinga.com which released: “10 Banks Offering Free Checking – Benzinga” on May 28, 2019, also Seekingalpha.com with their article: “Trump sues Deutsche Bank, Capital One – Seeking Alpha” published on April 30, 2019, Bizjournals.com published: “Capital One to open cafe in Scottsdale mall – Phoenix Business Journal” on May 09, 2019. More interesting news about Capital One Financial Corporation (NYSE:COF) were released by: Finance.Yahoo.com and their article: “Have Insiders Been Selling Capital One Financial Corporation (NYSE:COF) Shares? – Yahoo Finance” published on May 10, 2019 as well as Seekingalpha.com‘s news article titled: “Capital One: Long-Term Gains Ahead – Seeking Alpha” with publication date: February 13, 2019.

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

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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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BlackRock Inc. Raises Holdings in Alico, Inc. (NASDAQ:ALCO)

BlackRock Inc. boosted its position in shares of Alico, Inc. (NASDAQ:ALCO) by 1.8% in the 4th quarter, according to the company in its most recent …

Alico logoBlackRock Inc. boosted its position in shares of Alico, Inc. (NASDAQ:ALCO) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 248,476 shares of the company’s stock after acquiring an additional 4,486 shares during the period. BlackRock Inc. owned 3.33% of Alico worth $7,330,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ALCO. Renaissance Technologies LLC grew its stake in Alico by 46.1% in the 3rd quarter. Renaissance Technologies LLC now owns 98,291 shares of the company’s stock worth $3,322,000 after buying an additional 31,000 shares in the last quarter. Vanguard Group Inc lifted its holdings in shares of Alico by 16.5% in 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 during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Alico by 16.5% in 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 during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Alico by 2.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 349,815 shares of the company’s stock worth $11,824,000 after acquiring an additional 8,549 shares during the last quarter. Finally, Towerview LLC lifted its holdings in shares of Alico by 5.9% in the 4th quarter. Towerview LLC now owns 87,390 shares of the company’s stock worth $2,578,000 after acquiring an additional 4,849 shares during the last quarter. 71.11% of the stock is owned by institutional investors and hedge funds.

Shares of ALCO traded up $0.09 during mid-day trading on Wednesday, reaching $27.00. The company’s stock had a trading volume of 79,500 shares, compared to its average volume of 9,909. 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 $26.60 and a 52 week high of $34.65.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were issued a $0.06 dividend. The ex-dividend date was Thursday, March 28th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.89%.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by Finance Daily and is the property of of Finance Daily. If you are reading this piece of content on another domain, it was stolen and republished in violation of international trademark and copyright laws. The original version of this piece of content can be accessed at https://www.fidaily.com/2019/05/09/alico-inc-alco-shares-bought-by-blackrock-inc.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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Cambridge Investment Research Advisors Lowered Its Irobot (IRBT) Holding by $403629; Shares …

Cambridge Investment Research Advisors Inc decreased its stake in Irobot (IRBT) by 58.03% based on its latest 2018Q4 regulatory filing with the SEC.

iRobot Corporation (NASDAQ:IRBT) Logo

Cambridge Investment Research Advisors Inc decreased its stake in Irobot (IRBT) by 58.03% based on its latest 2018Q4 regulatory filing with the SEC. Cambridge Investment Research Advisors Inc sold 4,863 shares as the company’s stock rose 42.17% with the market. The institutional investor held 3,517 shares of the consumer electronics and appliances company at the end of 2018Q4, valued at $295,000, down from 8,380 at the end of the previous reported quarter. Cambridge Investment Research Advisors Inc who had been investing in Irobot for a number of months, seems to be less bullish one the $3.45 billion market cap company. The stock decreased 0.40% or $0.5 during the last trading session, reaching $123.86. About 367,437 shares traded. iRobot Corporation (NASDAQ:IRBT) has risen 99.21% since April 9, 2018 and is uptrending. It has outperformed by 94.84% the S&P500. Some Historical IRBT News: 24/04/2018 – IROBOT CORP – SEES 2018 EARNINGS PER SHARE $2.15 – $2.40; 26/04/2018 – IROBOT CORP IRBT.O : JP MORGAN RAISES TARGET PRICE TO $62 FROM $61; 24/04/2018 – IROBOT SEES FY EPS $2.15 TO $2.40; 07/03/2018 Norges Bank Buys New 1.4% Position in iRobot; 25/04/2018 – It’s telling that $IRBT iRoomba is down even when they claim strong earnings; 24/04/2018 – IROBOT CORP – INCREASING FULL-YEAR 2018 EXPECTATIONS FOR EARNINGS PER SHARE; 14/05/2018 – Old Mutual Global Investors Uk Exits Position in iRobot; 30/05/2018 – iRobot Presenting at Nasdaq Investor Conference Jun 12; 24/04/2018 – IRobot Raises 2018 View To EPS $2.15-EPS $2.40; 16/03/2018 – Spruce Point knows over-hyped drone and robotics companies very well ( $IRBT and $AVAV ). $KTOS is the worse of breed, spending almost nothing on capex and R&D #skeptic #bearish

Birch Run Capital Advisors Lp decreased its stake in Alico Inc (ALCO) by 8.1% based on its latest 2018Q4 regulatory filing with the SEC. Birch Run Capital Advisors Lp sold 14,169 shares as the company’s stock declined 9.33% while stock markets rallied. The hedge fund held 160,810 shares of the consumer non-durables company at the end of 2018Q4, valued at $4.74M, down from 174,979 at the end of the previous reported quarter. Birch Run Capital Advisors Lp who had been investing in Alico Inc for a number of months, seems to be less bullish one the $207.54 million market cap company. The stock decreased 1.03% or $0.29 during the last trading session, reaching $27.81. About 7,828 shares traded. Alico, Inc. (NASDAQ:ALCO) has risen 12.34% since April 9, 2018 and is uptrending. It has outperformed by 7.97% the S&P500. Some Historical ALCO News: 07/05/2018 – ALICO INC – QTRLY SHR LOSS $0.67; 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 INC – QTRLY ADJ SHR $0.25; 21/04/2018 DJ Alico Inc, Inst Holders, 1Q 2018 (ALCO); 07/05/2018 – Alico 2Q Loss/Shr 67c

Cambridge Investment Research Advisors Inc, which manages about $19.96 billion and $9.04 billion US Long portfolio, upped its stake in Northern Lts Fd Tr Iv Inspire by 22,765 shares to 63,026 shares, valued at $1.50 million in 2018Q4, according to the filing. It also increased its holding in Wisdomtree Tr Itl (IHDG) by 61,619 shares in the quarter, for a total of 161,013 shares, and has risen its stake in Huntington Ingalls Inds (NYSE:HII).

Investors sentiment increased to 1.18 in 2018 Q4. Its up 0.08, from 1.1 in 2018Q3. It increased, as 33 investors sold IRBT shares while 54 reduced holdings. 40 funds opened positions while 63 raised stakes. 28.18 million shares or 7.78% more from 26.15 million shares in 2018Q3 were reported. Vident Advisory Limited Liability Corporation stated it has 1.15% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Janney Montgomery Scott Limited Liability Company has invested 0% in iRobot Corporation (NASDAQ:IRBT). Commercial Bank Of America Corporation De has invested 0% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Advsr Asset Mgmt has invested 0.01% in iRobot Corporation (NASDAQ:IRBT). Int Inc holds 0.01% of its portfolio in iRobot Corporation (NASDAQ:IRBT) for 21,015 shares. Renaissance Limited Liability Com holds 0.02% of its portfolio in iRobot Corporation (NASDAQ:IRBT) for 6,485 shares. Advisory stated it has 40,104 shares or 0.07% of all its holdings. Commerzbank Aktiengesellschaft Fi has invested 0.02% of its portfolio in iRobot Corporation (NASDAQ:IRBT). Moreover, Bluestein R H has 0.02% invested in iRobot Corporation (NASDAQ:IRBT) for 3,035 shares. 3,696 are held by Next Financial Gp. Comerica National Bank & Trust has invested 0.02% of its portfolio in iRobot Corporation (NASDAQ:IRBT). First Trust Lp holds 50,529 shares. State Of Alaska Department Of Revenue owns 9,253 shares for 0.01% of their portfolio. Barclays Public Ltd Com has 0% invested in iRobot Corporation (NASDAQ:IRBT). Moreover, Benjamin F Edwards has 0.01% invested in iRobot Corporation (NASDAQ:IRBT) for 624 shares.

Analysts await iRobot Corporation (NASDAQ:IRBT) to report earnings on April, 23. They expect $0.68 earnings per share, up 3.03% or $0.02 from last year’s $0.66 per share. IRBT’s profit will be $18.95 million for 45.54 P/E if the $0.68 EPS becomes a reality. After $0.84 actual earnings per share reported by iRobot Corporation for the previous quarter, Wall Street now forecasts -19.05% negative EPS growth.

More notable recent iRobot Corporation (NASDAQ:IRBT) news were published by: Nasdaq.com which released: “iRobot (IRBT) Q4 Earnings & Revenues Beat Estimates, Up Y/Y – Nasdaq” on February 07, 2019, also Nasdaq.com with their article: “IRBT April 12th Options Begin Trading – Nasdaq” published on February 28, 2019, Nasdaq.com published: “Strong Markets & Products Fuel TriMas Amid High Input Costs – Nasdaq” on March 18, 2019. More interesting news about iRobot Corporation (NASDAQ:IRBT) were released by: Nasdaq.com and their article: “Should First Trust Small Cap Growth AlphaDEX Fund (FYC) Be on Your Investing Radar? – Nasdaq” published on April 01, 2019 as well as Nasdaq.com‘s news article titled: “Top-Ranked Stocks to Fill in the Sweet 16 Bracket – Nasdaq” with publication date: March 28, 2019.

Since November 1, 2018, it had 0 buys, and 9 selling transactions for $11.97 million activity. Shares for $807,293 were sold by CAMPANELLO RUSSELL J. $211,540 worth of stock was sold by Weinstein Glen Daniel on Monday, February 11. On Monday, January 7 Cerda Christian sold $1.06 million worth of iRobot Corporation (NASDAQ:IRBT) or 12,442 shares. On Tuesday, February 12 the insider Stacy Michelle sold $171,000. Miller Andrew sold 441 shares worth $39,924.

More notable recent Alico, Inc. (NASDAQ:ALCO) news were published by: Streetinsider.com which released: “Form DEF 14A BCB BANCORP INC For: Apr 25 – StreetInsider.com” on March 26, 2019, also Globenewswire.com with their article: “Alico, Inc. Announces it Has Joined Chem Nut, Inc. as a New Owner Member – GlobeNewswire” published on September 16, 2015, Globenewswire.com published: “Alico, Inc. Announces Financial Results for Fiscal Year 2017 – GlobeNewswire” on December 11, 2017. More interesting news about Alico, Inc. (NASDAQ:ALCO) were released by: Nasdaq.com and their article: “Altria Group (MO) Ex-Dividend Date Scheduled for March 22, 2019 – Nasdaq” published on March 21, 2019 as well as Fool.com‘s news article titled: “Sientra Inc (SIEN) Q4 2018 Earnings Conference Call Transcript – Motley Fool” with publication date: March 13, 2019.

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

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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.

See Also: 12b-1 Fees

Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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