Fresh Del Monte Produce Inc. (NYSE:FDP) Shares Acquired by Barclays PLC

Barclays PLC increased its position in shares of Fresh Del Monte Produce Inc. (NYSE:FDP) by 185.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,694 shares of the company’s stock after purchasing an additional 45,952 shares during the quarter. Barclays PLC owned 0.15% of Fresh Del Monte Produce worth $2,087,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FDP. nVerses Capital LLC acquired a new position in shares of Fresh Del Monte Produce in the 2nd quarter valued at about $28,000. Canada Pension Plan Investment Board acquired a new stake in shares of Fresh Del Monte Produce in the second quarter valued at about $68,000. Point72 DIFC Ltd acquired a new stake in Fresh Del Monte Produce in the 2nd quarter worth about $91,000. GAMMA Investing LLC increased its position in shares of Fresh Del Monte Produce by 125.9% during the third quarter. GAMMA Investing LLC now owns 3,624 shares of the company’s stock worth $107,000 after purchasing an additional 2,020 shares in the last quarter. Finally, Royce & Associates LP purchased a new stake in shares of Fresh Del Monte Produce during the third quarter worth $201,000. 64.83% of the stock is currently owned by institutional investors and hedge funds.

Fresh Del Monte Produce Stock Up 1.1 %

FDP stock opened at $33.73 on Friday. Fresh Del Monte Produce Inc. has a 12 month low of $21.23 and a 12 month high of $35.27. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 102.22 and a beta of 0.41. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average of $32.87 and a two-hundred day moving average of $28.48.

Fresh Del Monte Produce (NYSE:FDP) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.30. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $989.45 million. Fresh Del Monte Produce had a return on equity of 5.91% and a net margin of 0.36%. The firm’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.35 earnings per share.

Fresh Del Monte Produce Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 14th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.96%. Fresh Del Monte Produce’s payout ratio is currently 303.03%.

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.