Fresh Del Monte Produce Inc. (NYSE:FDP – Get Free Report) COO Mohammed Abbas sold 5,000 shares of the business’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $27.92, for a total value of $139,600.00. Following the sale, the chief operating officer now owns 21,325 shares in the company, valued at approximately $595,394. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Fresh Del Monte Produce Trading Up 0.0 %
Shares of FDP stock opened at $28.50 on Wednesday. The firm has a market capitalization of $1.37 billion, a P/E ratio of 9.93 and a beta of 0.68. Fresh Del Monte Produce Inc. has a twelve month low of $23.09 and a twelve month high of $32.49. The company has a quick ratio of 0.99, a current ratio of 1.97 and a debt-to-equity ratio of 0.20. The stock’s fifty day simple moving average is $26.39 and its 200 day simple moving average is $28.05.
Fresh Del Monte Produce Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Thursday, August 17th will be given a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.81%. Fresh Del Monte Produce’s dividend payout ratio (DPR) is presently 27.87%.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on Fresh Del Monte Produce
Institutional Investors Weigh In On Fresh Del Monte Produce
A number of institutional investors have recently made changes to their positions in the stock. American International Group Inc. grew its position in shares of Fresh Del Monte Produce by 8.6% in the 2nd quarter. American International Group Inc. now owns 18,103 shares of the company’s stock valued at $465,000 after buying an additional 1,435 shares during the last quarter. Barclays PLC lifted its stake in shares of Fresh Del Monte Produce by 37.0% in the 2nd quarter. Barclays PLC now owns 34,210 shares of the company’s stock valued at $879,000 after purchasing an additional 9,246 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Fresh Del Monte Produce by 4.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 758,063 shares of the company’s stock valued at $19,490,000 after purchasing an additional 29,967 shares during the period. LSV Asset Management acquired a new position in shares of Fresh Del Monte Produce in the 2nd quarter valued at about $2,746,000. Finally, Inspire Investing LLC lifted its stake in shares of Fresh Del Monte Produce by 29.7% in the 2nd quarter. Inspire Investing LLC now owns 13,643 shares of the company’s stock valued at $351,000 after purchasing an additional 3,124 shares during the period. Institutional investors own 66.34% of the company’s stock.
About Fresh Del Monte Produce
Fresh Del Monte Produce Inc, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North 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.
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