Outfitter Financial LLC Purchases New Position in Fresh Del Monte Produce Inc. (NYSE:FDP)

Outfitter Financial LLC acquired a new position in shares of Fresh Del Monte Produce Inc. (NYSE:FDP) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,075 shares of the company’s stock, valued at approximately $733,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HHM Wealth Advisors LLC boosted its stake in Fresh Del Monte Produce by 75.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 1,750 shares of the company’s stock valued at $58,000 after purchasing an additional 750 shares during the period. KBC Group NV increased its position in Fresh Del Monte Produce by 65.0% during the fourth quarter. KBC Group NV now owns 2,550 shares of the company’s stock worth $85,000 after acquiring an additional 1,005 shares during the period. Royce & Associates LP acquired a new stake in Fresh Del Monte Produce in the 3rd quarter worth about $201,000. GAMMA Investing LLC boosted its holdings in Fresh Del Monte Produce by 106.5% in the 4th quarter. GAMMA Investing LLC now owns 7,482 shares of the company’s stock valued at $248,000 after purchasing an additional 3,858 shares during the period. Finally, ClearAlpha Technologies LP bought a new position in shares of Fresh Del Monte Produce during the third quarter worth approximately $252,000. Institutional investors and hedge funds own 64.83% of the company’s stock.

Fresh Del Monte Produce Trading Up 0.6 %

Shares of FDP stock opened at $30.64 on Friday. The stock has a 50 day simple moving average of $31.78 and a 200 day simple moving average of $30.87. 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. The stock has a market cap of $1.47 billion, a P/E ratio of 92.85 and a beta of 0.39.

Fresh Del Monte Produce 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.