Barclays PLC Has $759,000 Stake in Calavo Growers, Inc. (NASDAQ:CVGW)

Barclays PLC grew its position in Calavo Growers, Inc. (NASDAQ:CVGW - Free Report) by 338.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,625 shares of the company's stock after purchasing an additional 20,551 shares during the quarter. Barclays PLC owned approximately 0.15% of Calavo Growers worth $759,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Deprince Race & Zollo Inc. raised its holdings in Calavo Growers by 40.7% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 356,319 shares of the company's stock worth $8,088,000 after acquiring an additional 103,024 shares during the period. Verition Fund Management LLC bought a new position in shares of Calavo Growers in the third quarter worth about $746,000. Cubist Systematic Strategies LLC lifted its position in shares of Calavo Growers by 111.4% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 60,861 shares of the company's stock worth $1,382,000 after purchasing an additional 32,077 shares during the last quarter. Deerfield Management Company L.P. Series C boosted its stake in Calavo Growers by 566.9% during the 2nd quarter. Deerfield Management Company L.P. Series C now owns 70,514 shares of the company's stock valued at $1,601,000 after purchasing an additional 59,940 shares during the period. Finally, Weiss Asset Management LP acquired a new stake in Calavo Growers in the 3rd quarter valued at approximately $1,378,000. 81.30% of the stock is currently owned by institutional investors and hedge funds.

Calavo Growers Stock Performance

Shares of CVGW stock traded down $0.01 during trading hours on Wednesday, reaching $25.50. 144,758 shares of the company's stock were exchanged, compared to its average volume of 203,481. Calavo Growers, Inc. has a fifty-two week low of $20.30 and a fifty-two week high of $31.26. The company has a quick ratio of 1.77, a current ratio of 2.04 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $453.87 million, a P/E ratio of -51.00 and a beta of 0.58. The business has a fifty day moving average price of $26.86 and a 200-day moving average price of $25.62.

Calavo Growers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 10th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Friday, January 10th. Calavo Growers's payout ratio is presently -160.00%.

About Calavo Growers

Calavo Growers, Inc markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia.