Barclays PLC Grows Stock Position in Cadiz Inc. (NASDAQ:CDZI)

Barclays PLC boosted its stake in shares of Cadiz Inc. (NASDAQ:CDZI) by 315.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,217 shares of the company’s stock after acquiring an additional 45,728 shares during the quarter. Barclays PLC owned 0.09% of Cadiz worth $183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in shares of Cadiz in the 3rd quarter worth about $45,000. Evoke Wealth LLC lifted its stake in Cadiz by 70.4% during the 2nd quarter. Evoke Wealth LLC now owns 73,200 shares of the company’s stock valued at $226,000 after acquiring an additional 30,235 shares during the period. BNP Paribas Financial Markets raised its stake in Cadiz by 27.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 20,386 shares of the company’s stock valued at $62,000 after buying an additional 4,329 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Cadiz during the 3rd quarter valued at $58,000. Finally, GAM Holding AG boosted its stake in shares of Cadiz by 100.0% in the 3rd quarter. GAM Holding AG now owns 100,000 shares of the company’s stock worth $303,000 after buying an additional 50,000 shares during the last quarter. 79.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cadiz

In other news, major shareholder International Group Se Heerema acquired 2,070,000 shares of Cadiz stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of $3.34 per share, for a total transaction of $6,913,800.00. Following the acquisition, the insider now directly owns 22,783,965 shares of the company’s stock, valued at $76,098,443.10. This trade represents a 9.99 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.70% of the company’s stock.

Cadiz Trading Down 4.2 %

Cadiz stock opened at $4.77 on Wednesday. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.36 and a quick ratio of 0.87. The firm’s 50 day moving average price is $4.01 and its 200-day moving average price is $3.48. Cadiz Inc. has a 1 year low of $2.12 and a 1 year high of $5.46. The stock has a market cap of $358.63 million, a P/E ratio of -9.35 and a beta of 0.93.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Cadiz to a “sell” rating in a research report on Friday, November 15th.

Cadiz Company Profile

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.