35,281 Shares in Calavo Growers, Inc. (NASDAQ:CVGW) Acquired by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in Calavo Growers, Inc. (NASDAQ:CVGW - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 35,281 shares of the company's stock, valued at approximately $1,007,000. XTX Topco Ltd owned 0.20% of Calavo Growers at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in shares of Calavo Growers by 4.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 12,819 shares of the company's stock worth $357,000 after acquiring an additional 582 shares during the last quarter. Point72 DIFC Ltd grew its position in shares of Calavo Growers by 42.3% in the third quarter. Point72 DIFC Ltd now owns 3,272 shares of the company's stock valued at $93,000 after purchasing an additional 973 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Calavo Growers by 40.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,831 shares of the company's stock valued at $87,000 after purchasing an additional 1,100 shares during the period. Rhumbline Advisers grew its position in shares of Calavo Growers by 4.1% in the second quarter. Rhumbline Advisers now owns 57,119 shares of the company's stock valued at $1,297,000 after purchasing an additional 2,247 shares during the period. Finally, Public Sector Pension Investment Board grew its position in shares of Calavo Growers by 6.3% in the second quarter. Public Sector Pension Investment Board now owns 39,184 shares of the company's stock valued at $889,000 after purchasing an additional 2,323 shares during the period. 81.30% of the stock is owned by institutional investors and hedge funds.

Calavo Growers Trading Down 1.4 %

CVGW stock traded down $0.39 during trading on Wednesday, reaching $26.58. 224,699 shares of the stock traded hands, compared to its average volume of 207,204. The business's 50 day moving average price is $27.60 and its 200-day moving average price is $25.63. Calavo Growers, Inc. has a 52-week low of $20.30 and a 52-week high of $31.26. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.04 and a quick ratio of 1.77. The firm has a market capitalization of $473.12 million, a PE ratio of -53.94 and a beta of 0.58.

Calavo Growers (NASDAQ:CVGW - Get Free Report) last issued its earnings results on Monday, September 9th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.21. Calavo Growers had a positive return on equity of 6.35% and a negative net margin of 1.21%. The company had revenue of $179.60 million during the quarter, compared to the consensus estimate of $175.00 million. As a group, sell-side analysts forecast that Calavo Growers, Inc. will post 1.31 earnings per share for the current year.

Calavo Growers Company Profile

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.