Acuitas Investments LLC Cuts Position in Tejon Ranch Co. (NYSE:TRC)

Acuitas Investments LLC reduced its stake in shares of Tejon Ranch Co. (NYSE:TRC) by 12.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 204,679 shares of the real estate development and agribusiness company’s stock after selling 27,873 shares during the period. Tejon Ranch makes up about 2.7% of Acuitas Investments LLC’s holdings, making the stock its 12th largest position. Acuitas Investments LLC owned about 0.76% of Tejon Ranch worth $3,254,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Accordant Advisory Group Inc boosted its position in Tejon Ranch by 3.7% during the third quarter. Accordant Advisory Group Inc now owns 32,358 shares of the real estate development and agribusiness company’s stock worth $568,000 after purchasing an additional 1,169 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Tejon Ranch by 0.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 194,470 shares of the real estate development and agribusiness company’s stock worth $3,413,000 after buying an additional 1,486 shares in the last quarter. SG Americas Securities LLC grew its stake in Tejon Ranch by 29.7% in the 3rd quarter. SG Americas Securities LLC now owns 14,586 shares of the real estate development and agribusiness company’s stock valued at $256,000 after acquiring an additional 3,337 shares during the last quarter. Geode Capital Management LLC increased its holdings in Tejon Ranch by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 537,987 shares of the real estate development and agribusiness company’s stock valued at $9,444,000 after acquiring an additional 4,247 shares in the last quarter. Finally, Barclays PLC raised its position in Tejon Ranch by 298.1% during the third quarter. Barclays PLC now owns 32,072 shares of the real estate development and agribusiness company’s stock worth $563,000 after acquiring an additional 24,015 shares during the last quarter. 60.63% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Tejon Ranch

In other news, Director Geoffrey L. Stack sold 2,500 shares of Tejon Ranch stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $15.60, for a total transaction of $39,000.00. Following the completion of the sale, the director now directly owns 67,544 shares in the company, valued at $1,053,686.40. The trade was a 3.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold a total of 21,000 shares of company stock valued at $335,720 over the last three months. 22.44% of the stock is currently owned by insiders.

Tejon Ranch Trading Up 1.5 %

Shares of NYSE TRC opened at $16.06 on Tuesday. The firm’s 50-day moving average is $15.81 and its two-hundred day moving average is $16.52. Tejon Ranch Co. has a 12-month low of $14.70 and a 12-month high of $19.82. The company has a quick ratio of 2.46, a current ratio of 2.84 and a debt-to-equity ratio of 0.12.

Tejon Ranch Profile

Tejon Ranch Co, together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.