American Assets Capital Advisers LLC lifted its holdings in shares of Cadiz Inc. (NASDAQ:CDZI - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,384,208 shares of the company's stock after acquiring an additional 126,000 shares during the period. Cadiz makes up 4.1% of American Assets Capital Advisers LLC's holdings, making the stock its 10th biggest holding. American Assets Capital Advisers LLC owned 3.17% of Cadiz worth $12,398,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. B. Riley Financial Inc. boosted its holdings in Cadiz by 125.8% during the 3rd quarter. B. Riley Financial Inc. now owns 187,418 shares of the company's stock worth $568,000 after acquiring an additional 104,400 shares during the last quarter. HCR Wealth Advisors lifted its position in shares of Cadiz by 15.8% during the fourth quarter. HCR Wealth Advisors now owns 528,000 shares of the company's stock valued at $2,746,000 after purchasing an additional 72,079 shares in the last quarter. Equitec Proprietary Markets LLC boosted its holdings in Cadiz by 71.4% during the fourth quarter. Equitec Proprietary Markets LLC now owns 142,574 shares of the company's stock worth $741,000 after purchasing an additional 59,400 shares during the last quarter. Barclays PLC grew its position in Cadiz by 315.6% in the 3rd quarter. Barclays PLC now owns 60,217 shares of the company's stock worth $183,000 after purchasing an additional 45,728 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Cadiz by 3.2% in the 3rd quarter. Geode Capital Management LLC now owns 989,296 shares of the company's stock valued at $2,998,000 after buying an additional 30,354 shares during the last quarter. Institutional investors and hedge funds own 79.75% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Cadiz to a "sell" rating in a research note on Wednesday, March 5th.
Get Our Latest Research Report on Cadiz
Cadiz Stock Performance
CDZI stock traded up $0.04 during midday trading on Thursday, hitting $3.48. The company's stock had a trading volume of 294,824 shares, compared to its average volume of 348,473. The stock has a market cap of $264.35 million, a price-to-earnings ratio of -6.82 and a beta of 0.96. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 3.88. The stock's 50-day moving average price is $4.56 and its 200 day moving average price is $3.93. Cadiz Inc. has a 1 year low of $2.12 and a 1 year high of $5.68.
Cadiz Profile
(
Free Report)
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.
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