Legato Capital Management LLC Sells 46,387 Shares of Fresh Del Monte Produce Inc. (NYSE:FDP)

Legato Capital Management LLC lessened its holdings in shares of Fresh Del Monte Produce Inc. (NYSE:FDP) by 66.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,016 shares of the company’s stock after selling 46,387 shares during the period. Legato Capital Management LLC’s holdings in Fresh Del Monte Produce were worth $764,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Charles Schwab Investment Management Inc. lifted its holdings in Fresh Del Monte Produce by 5.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,060,576 shares of the company’s stock worth $31,329,000 after buying an additional 59,521 shares during the period. Barclays PLC raised its position in shares of Fresh Del Monte Produce by 185.7% during the third quarter. Barclays PLC now owns 70,694 shares of the company’s stock worth $2,087,000 after acquiring an additional 45,952 shares during the last quarter. JPMorgan Chase & Co. lifted its stake 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 period. Chesapeake Capital Corp IL bought a new stake in Fresh Del Monte Produce in the third quarter valued at approximately $592,000. Finally, CWA Asset Management Group LLC acquired a new stake in Fresh Del Monte Produce during the 4th quarter valued at approximately $625,000. Institutional investors own 64.83% of the company’s stock.

Fresh Del Monte Produce Stock Up 0.6 %

Fresh Del Monte Produce stock opened at $30.80 on Friday. The firm has a 50 day moving average price of $32.11 and a two-hundred day moving average price of $30.69. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.04 and a current ratio of 2.09. Fresh Del Monte Produce Inc. has a 52-week low of $21.23 and a 52-week high of $35.27. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 93.33 and a beta of 0.39.

Fresh Del Monte Produce Company Profile

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.