Advisors Preferred LLC Acquires Shares of 226,565 Fresh Del Monte Produce Inc. (NYSE:FDP)

Advisors Preferred LLC acquired a new position in Fresh Del Monte Produce Inc. (NYSE:FDP) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 226,565 shares of the company’s stock, valued at approximately $7,459,000. Fresh Del Monte Produce accounts for 1.2% of Advisors Preferred LLC’s portfolio, making the stock its 20th biggest holding. Advisors Preferred LLC owned 0.47% of Fresh Del Monte Produce as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. HHM Wealth Advisors LLC boosted its position 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 worth $58,000 after purchasing an additional 750 shares in the last quarter. Pacer Advisors Inc. acquired a new stake in Fresh Del Monte Produce during the fourth quarter valued at $42,522,000. KBC Group NV increased its holdings in Fresh Del Monte Produce by 65.0% in the fourth quarter. KBC Group NV now owns 2,550 shares of the company’s stock valued at $85,000 after buying an additional 1,005 shares in the last quarter. Exchange Traded Concepts LLC raised its position in shares of Fresh Del Monte Produce by 4.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 60,156 shares of the company’s stock worth $1,998,000 after acquiring an additional 2,466 shares during the period. Finally, Ballentine Partners LLC purchased a new stake in shares of Fresh Del Monte Produce during the 4th quarter worth about $253,000. Hedge funds and other institutional investors own 64.83% of the company’s stock.

Fresh Del Monte Produce Stock Down 1.2 %

Fresh Del Monte Produce stock opened at $30.87 on Friday. Fresh Del Monte Produce Inc. has a 12 month low of $21.23 and a 12 month high of $35.27. The stock has a market capitalization of $1.48 billion, a PE ratio of 93.55 and a beta of 0.39. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.09 and a quick ratio of 1.04. The business has a 50 day simple moving average of $32.41 and a 200-day simple moving average of $30.50.

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.