Stephens Inc. AR Buys New Shares in Fresh Del Monte Produce Inc. (NYSE:FDP)

Stephens Inc. AR bought a new position in Fresh Del Monte Produce Inc. (NYSE:FDP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,047 shares of the company's stock, valued at approximately $467,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. CWM LLC boosted its stake in shares of Fresh Del Monte Produce by 4.1% in the 3rd quarter. CWM LLC now owns 37,004 shares of the company's stock worth $1,093,000 after buying an additional 1,449 shares during the last quarter. Creative Planning purchased a new position in shares of Fresh Del Monte Produce in the 3rd quarter worth $261,000. nVerses Capital LLC boosted its stake in shares of Fresh Del Monte Produce by 200.0% in the 3rd quarter. nVerses Capital LLC now owns 3,900 shares of the company's stock worth $115,000 after buying an additional 2,600 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Fresh Del Monte Produce in the 3rd quarter worth $269,000. Finally, Entropy Technologies LP purchased a new position in shares of Fresh Del Monte Produce in the 3rd quarter worth $314,000. Institutional investors own 64.83% of the company's stock.

Fresh Del Monte Produce Stock Performance

Shares of FDP stock traded up $0.11 on Tuesday, reaching $30.32. The stock had a trading volume of 87,615 shares, compared to its average volume of 261,398. The stock has a market cap of $1.45 billion, a P/E ratio of 91.88 and a beta of 0.39. Fresh Del Monte Produce Inc. has a 1 year low of $21.23 and a 1 year high of $35.27. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.04 and a current ratio of 2.09. The company has a 50 day simple moving average of $31.98 and a 200 day simple moving average of $30.86.

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.