SG Americas Securities LLC Has $302,000 Holdings in Tejon Ranch Co. (NYSE:TRC)

SG Americas Securities LLC grew its position in Tejon Ranch Co. (NYSE:TRC) by 30.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,010 shares of the real estate development and agribusiness company’s stock after purchasing an additional 4,424 shares during the quarter. SG Americas Securities LLC’s holdings in Tejon Ranch were worth $302,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TRC. Barclays PLC boosted its stake in Tejon Ranch by 298.1% in the 3rd quarter. Barclays PLC now owns 32,072 shares of the real estate development and agribusiness company’s stock valued at $563,000 after purchasing an additional 24,015 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Tejon Ranch by 0.8% during the third quarter. Geode Capital Management LLC now owns 537,987 shares of the real estate development and agribusiness company’s stock worth $9,444,000 after buying an additional 4,247 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Tejon Ranch by 0.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 194,470 shares of the real estate development and agribusiness company’s stock valued at $3,413,000 after acquiring an additional 1,486 shares during the period. Finally, Accordant Advisory Group Inc grew its stake in shares of Tejon Ranch by 3.7% in the third quarter. Accordant Advisory Group Inc now owns 32,358 shares of the real estate development and agribusiness company’s stock valued at $568,000 after acquiring an additional 1,169 shares in the last quarter. Institutional investors own 60.63% of the company’s stock.

Tejon Ranch Price Performance

Shares of Tejon Ranch stock opened at $16.39 on Wednesday. The company has a quick ratio of 2.46, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $439.61 million, a price-to-earnings ratio of -1,639,100.00 and a beta of 0.59. Tejon Ranch Co. has a twelve month low of $14.70 and a twelve month high of $19.82. The company has a 50-day simple moving average of $15.79 and a two-hundred day simple moving average of $16.70.

Tejon Ranch (NYSE:TRC) last released its quarterly earnings results on Thursday, November 7th. The real estate development and agribusiness company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). The business had revenue of $10.86 million during the quarter, compared to analyst estimates of $10.19 million. Tejon Ranch had a negative net margin of 0.57% and a negative return on equity of 0.05%. Analysts forecast that Tejon Ranch Co. will post -0.04 EPS for the current year.

Insider Activity

In other news, Director Geoffrey L. Stack sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $15.60, for a total transaction of $39,000.00. Following the completion of the sale, the director now owns 67,544 shares of the company’s stock, valued at approximately $1,053,686.40. This represents a 3.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders sold 25,338 shares of company stock worth $405,928. 22.44% of the stock is currently owned by company insiders.

Tejon Ranch Company Profile

Tejon Ranch Co, together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.