Outfitter Financial LLC Invests $733,000 in Fresh Del Monte Produce Inc. (NYSE:FDP)

Outfitter Financial LLC acquired a new stake in Fresh Del Monte Produce Inc. (NYSE:FDP) during the fourth quarter, Holdings Channel.com reports. The fund acquired 22,075 shares of the company’s stock, valued at approximately $733,000.

Other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Fresh Del Monte Produce by 1.2% in the 3rd quarter. State Street Corp now owns 1,306,527 shares of the company’s stock valued at $38,595,000 after purchasing an additional 15,278 shares in the last quarter. Pacer Advisors Inc. acquired a new stake in Fresh Del Monte Produce in the fourth quarter valued at about $42,522,000. Charles Schwab Investment Management Inc. grew its position in Fresh Del Monte Produce by 5.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,060,576 shares of the company’s stock valued at $31,329,000 after acquiring an additional 59,521 shares during the last quarter. Geode Capital Management LLC raised its stake in Fresh Del Monte Produce by 0.4% during the third quarter. Geode Capital Management LLC now owns 773,116 shares of the company’s stock worth $22,842,000 after acquiring an additional 2,767 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Fresh Del Monte Produce by 25.5% in the third quarter. JPMorgan Chase & Co. now owns 437,998 shares of the company’s stock worth $12,938,000 after acquiring an additional 88,900 shares during the last quarter. 64.83% of the stock is currently owned by institutional investors and hedge funds.

Fresh Del Monte Produce Trading Up 0.6 %

Shares of Fresh Del Monte Produce stock opened at $30.64 on Friday. The firm’s 50 day moving average is $31.78 and its 200 day moving average is $30.87. The firm has a market capitalization of $1.47 billion, a PE ratio of 92.85 and a beta of 0.39. Fresh Del Monte Produce Inc. has a 1 year low of $21.23 and a 1 year high of $35.27. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.14.

About Fresh Del Monte Produce

Fresh Del Monte Produce Inc, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services.