Landscape Capital Management L.L.C. Sells 20,991 Shares of The Mexico Fund, Inc. (NYSE:MXF)

Landscape Capital Management L.L.C. trimmed its stake in shares of The Mexico Fund, Inc. (NYSE:MXF - Free Report) by 27.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,690 shares of the investment management company's stock after selling 20,991 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.37% of The Mexico Fund worth $722,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Public Employees Retirement System of Ohio bought a new stake in shares of The Mexico Fund during the third quarter worth $4,799,000. Matisse Capital lifted its stake in The Mexico Fund by 7.7% in the fourth quarter. Matisse Capital now owns 195,000 shares of the investment management company's stock valued at $2,574,000 after buying an additional 14,000 shares during the period. RPO LLC bought a new position in The Mexico Fund during the 4th quarter worth approximately $1,986,000. Wolverine Asset Management LLC grew its holdings in shares of The Mexico Fund by 95.5% in the 4th quarter. Wolverine Asset Management LLC now owns 145,595 shares of the investment management company's stock valued at $1,922,000 after buying an additional 71,133 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of The Mexico Fund in the 4th quarter valued at $651,000.

The Mexico Fund Trading Up 0.4 %

Shares of NYSE MXF traded up $0.06 during mid-day trading on Friday, reaching $13.91. 30,643 shares of the company's stock were exchanged, compared to its average volume of 61,776. The business has a fifty day simple moving average of $14.27 and a 200 day simple moving average of $14.06. The Mexico Fund, Inc. has a twelve month low of $12.99 and a twelve month high of $18.93.

The Mexico Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 22nd will be given a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $0.88 annualized dividend and a yield of 6.33%.

Insider Buying and Selling

In other The Mexico Fund news, CEO Alberto Osorio bought 15,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 22nd. The stock was acquired at an average price of $13.53 per share, with a total value of $202,950.00. Following the completion of the transaction, the chief executive officer now owns 115,195 shares in the company, valued at approximately $1,558,588.35. This trade represents a 14.97 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director La Calle Luis De purchased 6,000 shares of the stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $14.32 per share, for a total transaction of $85,920.00. Following the completion of the purchase, the director now directly owns 7,344 shares in the company, valued at approximately $105,166.08. The trade was a 446.43 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 2.69% of the company's stock.

The Mexico Fund Company Profile

The Mexico Fund, Inc is a closed-ended equity mutual fund launched and managed by Impulsora del Fondo México, S.C. It primarily invests in public equity markets of Mexico. The fund seeks to invest its portfolio across diversified sectors. The Mexico Fund, Inc was formed in June 01, 1981 and is domiciled in Maryland, United States.