SG Americas Securities LLC Reduces Stake in Fresh Del Monte Produce Inc. (NYSE:FDP)

SG Americas Securities LLC decreased its stake in Fresh Del Monte Produce Inc. (NYSE:FDP) by 38.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,633 shares of the company’s stock after selling 6,724 shares during the period. SG Americas Securities LLC’s holdings in Fresh Del Monte Produce were worth $353,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Marshall Wace LLP acquired a new position in shares of Fresh Del Monte Produce in the second quarter valued at $930,000. Millennium Management LLC lifted its holdings in shares of Fresh Del Monte Produce by 17.5% during the 2nd quarter. Millennium Management LLC now owns 636,423 shares of the company’s stock worth $13,906,000 after acquiring an additional 94,854 shares during the period. Handelsbanken Fonder AB acquired a new stake in shares of Fresh Del Monte Produce during the 3rd quarter valued at about $204,000. GAMMA Investing LLC increased its stake in Fresh Del Monte Produce by 125.9% in the third quarter. GAMMA Investing LLC now owns 3,624 shares of the company’s stock valued at $107,000 after acquiring an additional 2,020 shares during the period. Finally, CWM LLC raised its position in Fresh Del Monte Produce by 4.1% in the third quarter. CWM LLC now owns 37,004 shares of the company’s stock worth $1,093,000 after purchasing an additional 1,449 shares in the last quarter. Institutional investors and hedge funds own 64.83% of the company’s stock.

Fresh Del Monte Produce Stock Performance

FDP stock opened at $30.93 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.14. The company has a market cap of $1.48 billion, a P/E ratio of 93.73 and a beta of 0.41. The business’s fifty day moving average is $32.64 and its 200-day moving average is $30.39. Fresh Del Monte Produce Inc. has a twelve month low of $21.23 and a twelve month high of $35.27.

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.