18,815 Shares in Fresh Del Monte Produce Inc. (NYSE:FDP) Acquired by CWA Asset Management Group LLC

CWA Asset Management Group LLC purchased a new position in Fresh Del Monte Produce Inc. (NYSE:FDP - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,815 shares of the company's stock, valued at approximately $625,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its stake in shares of Fresh Del Monte Produce by 5.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,060,576 shares of the company's stock worth $31,329,000 after buying an additional 59,521 shares during the last quarter. Barclays PLC grew its stake in shares of Fresh Del Monte Produce by 185.7% in the third quarter. Barclays PLC now owns 70,694 shares of the company's stock worth $2,087,000 after acquiring an additional 45,952 shares during the last quarter. Chesapeake Capital Corp IL bought a new position in shares of Fresh Del Monte Produce during the third quarter valued at $592,000. Franklin Resources Inc. raised its position in shares of Fresh Del Monte Produce by 18.0% in the 3rd quarter. Franklin Resources Inc. now owns 36,710 shares of the company's stock worth $1,066,000 after purchasing an additional 5,587 shares during the last quarter. Finally, D.A. Davidson & CO. bought a new position in Fresh Del Monte Produce in the 3rd quarter worth about $583,000. Institutional investors own 64.83% of the company's stock.

Fresh Del Monte Produce Stock Up 0.0 %

NYSE:FDP traded up $0.01 on Thursday, reaching $31.09. 265,067 shares of the stock traded hands, compared to its average volume of 257,933. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 94.21 and a beta of 0.41. Fresh Del Monte Produce Inc. has a 12 month low of $21.23 and a 12 month high of $35.27. The company's fifty day simple moving average is $33.46 and its 200 day simple moving average is $29.19.

Fresh Del Monte Produce (NYSE:FDP - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.30. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $989.45 million. Fresh Del Monte Produce had a net margin of 0.36% and a return on equity of 5.91%. The firm's revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.35 EPS.

Fresh Del Monte Produce Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 14th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.00 annualized dividend and a yield of 3.22%. Fresh Del Monte Produce's payout ratio is 303.04%.

Fresh Del Monte Produce Company Profile

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.