SG Americas Securities LLC Sells 6,724 Shares of Fresh Del Monte Produce Inc. (NYSE:FDP)

SG Americas Securities LLC trimmed its holdings in shares of Fresh Del Monte Produce Inc. (NYSE:FDP) by 38.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,633 shares of the company’s stock after selling 6,724 shares during the quarter. SG Americas Securities LLC’s holdings in Fresh Del Monte Produce were worth $353,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Marshall Wace LLP acquired a new stake in shares of Fresh Del Monte Produce in the second quarter valued at approximately $930,000. Millennium Management LLC lifted its position in shares of Fresh Del Monte Produce by 17.5% during the 2nd quarter. Millennium Management LLC now owns 636,423 shares of the company’s stock valued at $13,906,000 after acquiring an additional 94,854 shares during the period. Handelsbanken Fonder AB acquired a new stake in shares of Fresh Del Monte Produce during the 3rd quarter worth $204,000. GAMMA Investing LLC increased its position in shares of Fresh Del Monte Produce by 125.9% in the third quarter. GAMMA Investing LLC now owns 3,624 shares of the company’s stock worth $107,000 after purchasing an additional 2,020 shares during the period. Finally, CWM LLC raised its stake in Fresh Del Monte Produce by 4.1% in the third quarter. CWM LLC now owns 37,004 shares of the company’s stock valued at $1,093,000 after purchasing an additional 1,449 shares in the last quarter. Institutional investors and hedge funds own 64.83% of the company’s stock.

Fresh Del Monte Produce Price Performance

Shares of NYSE:FDP opened at $30.93 on Tuesday. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $1.48 billion, a PE ratio of 93.73 and a beta of 0.41. The firm has a 50 day moving average of $32.64 and a 200-day moving average of $30.39. Fresh Del Monte Produce Inc. has a 12 month low of $21.23 and a 12 month high of $35.27.

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.