Empowered Funds LLC Acquires 12,723 Shares of Fresh Del Monte Produce Inc. (NYSE:FDP)

Empowered Funds LLC raised its stake in shares of Fresh Del Monte Produce Inc. (NYSE:FDP) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 262,063 shares of the company’s stock after acquiring an additional 12,723 shares during the quarter. Empowered Funds LLC owned approximately 0.55% of Fresh Del Monte Produce worth $8,703,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC boosted its position in Fresh Del Monte Produce by 3.4% during the third quarter. SG Americas Securities LLC now owns 17,357 shares of the company’s stock valued at $513,000 after purchasing an additional 576 shares in the last quarter. Handelsbanken Fonder AB purchased a new stake in shares of Fresh Del Monte Produce during the third quarter valued at about $204,000. GAMMA Investing LLC boosted its holdings in shares of Fresh Del Monte Produce by 125.9% in the 3rd quarter. GAMMA Investing LLC now owns 3,624 shares of the company’s stock valued at $107,000 after buying an additional 2,020 shares in the last quarter. CWM LLC grew its position 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. Finally, Exchange Traded Concepts LLC raised its stake in shares of Fresh Del Monte Produce by 112.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 57,690 shares of the company’s stock worth $1,704,000 after acquiring an additional 30,595 shares in the last quarter. 64.83% of the stock is currently owned by hedge funds and other institutional investors.

Fresh Del Monte Produce Price Performance

Shares of FDP opened at $30.87 on Monday. The company has a 50 day moving average of $32.41 and a two-hundred day moving average of $30.60. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.14. Fresh Del Monte Produce Inc. has a twelve month low of $21.23 and a twelve month high of $35.27. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 93.55 and a beta of 0.39.

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.