Cadiz Inc. (NASDAQ:CDZI) Shares Acquired by Equitec Proprietary Markets LLC

Equitec Proprietary Markets LLC lifted its holdings in Cadiz Inc. (NASDAQ:CDZI - Free Report) by 71.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 142,574 shares of the company's stock after acquiring an additional 59,400 shares during the period. Cadiz makes up approximately 0.7% of Equitec Proprietary Markets LLC's investment portfolio, making the stock its 3rd largest position. Equitec Proprietary Markets LLC owned about 0.19% of Cadiz worth $741,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Geode Capital Management LLC grew its stake in Cadiz by 3.2% during the third quarter. Geode Capital Management LLC now owns 989,296 shares of the company's stock worth $2,998,000 after buying an additional 30,354 shares in the last quarter. HCR Wealth Advisors grew its stake in Cadiz by 15.8% during the fourth quarter. HCR Wealth Advisors now owns 528,000 shares of the company's stock worth $2,746,000 after buying an additional 72,079 shares in the last quarter. B. Riley Financial Inc. grew its stake in Cadiz by 125.8% during the third quarter. B. Riley Financial Inc. now owns 187,418 shares of the company's stock worth $568,000 after buying an additional 104,400 shares in the last quarter. GAM Holding AG lifted its holdings in shares of Cadiz by 100.0% in the third quarter. GAM Holding AG now owns 100,000 shares of the company's stock worth $303,000 after acquiring an additional 50,000 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of Cadiz by 315.6% in the third quarter. Barclays PLC now owns 60,217 shares of the company's stock worth $183,000 after acquiring an additional 45,728 shares during the last quarter. 79.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Cadiz to a "sell" rating in a report on Friday, November 15th.

Cadiz Price Performance

Shares of CDZI stock traded up $0.18 on Thursday, reaching $5.11. The company had a trading volume of 415,687 shares, compared to its average volume of 695,393. The stock has a market capitalization of $384.17 million, a PE ratio of -10.02 and a beta of 0.91. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 3.88. Cadiz Inc. has a one year low of $2.12 and a one year high of $5.68. The business's 50-day moving average is $4.72 and its 200 day moving average is $3.78.

Cadiz Profile

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.