Fresh Del Monte Produce Inc. (NYSE:FDP) Shares Acquired by Walleye Capital LLC

Walleye Capital LLC raised its stake in shares of Fresh Del Monte Produce Inc. (NYSE:FDP - Free Report) by 190.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 28,159 shares of the company's stock after buying an additional 18,471 shares during the period. Walleye Capital LLC owned about 0.06% of Fresh Del Monte Produce worth $832,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. nVerses Capital LLC purchased a new position in shares of Fresh Del Monte Produce in the 2nd quarter valued at about $28,000. GAMMA Investing LLC increased its stake in shares of Fresh Del Monte Produce by 232.1% in the 2nd quarter. GAMMA Investing LLC now owns 1,604 shares of the company's stock valued at $35,000 after purchasing an additional 1,121 shares in the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Fresh Del Monte Produce in the 2nd quarter valued at about $68,000. Point72 DIFC Ltd purchased a new position in shares of Fresh Del Monte Produce in the 2nd quarter valued at about $91,000. Finally, Royce & Associates LP purchased a new position in shares of Fresh Del Monte Produce in the 3rd quarter valued at about $201,000. Hedge funds and other institutional investors own 64.83% of the company's stock.

Fresh Del Monte Produce Price Performance

Shares of Fresh Del Monte Produce stock traded down $0.52 on Friday, hitting $33.55. The company's stock had a trading volume of 187,750 shares, compared to its average volume of 279,029. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.04 and a current ratio of 2.09. Fresh Del Monte Produce Inc. has a 1 year low of $21.23 and a 1 year high of $35.27. The firm has a fifty day moving average price of $31.63 and a 200-day moving average price of $27.46. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 101.67 and a beta of 0.41.

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

Fresh Del Monte Produce Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Thursday, November 14th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $1.00 annualized dividend and a yield of 2.98%. Fresh Del Monte Produce's dividend payout ratio (DPR) is currently 303.04%.

Fresh Del Monte Produce 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.