Alico, Inc. (ALCO) Holdings Reduced by Bank of America Corp DE

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Bank of America Corp DE lowered its position in Alico, Inc. (NASDAQ:ALCO) by 35.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,820 shares of the company’s stock after selling 4,816 shares during the quarter. Bank of America Corp DE’s holdings in Alico were worth $260,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC increased its position in shares of Alico by 247.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,178 shares of the company’s stock worth $64,000 after purchasing an additional 1,552 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Alico by 16.6% in the 4th quarter. Bessemer Group Inc. now owns 3,032 shares of the company’s stock worth $89,000 after purchasing an additional 432 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Alico by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 34,364 shares of the company’s stock worth $1,013,000 after purchasing an additional 1,596 shares during the last quarter. Towerview LLC increased its position in shares of Alico by 5.9% in the 4th quarter. Towerview LLC now owns 87,390 shares of the company’s stock worth $2,578,000 after purchasing an additional 4,849 shares during the last quarter. Finally, Vanguard Group Inc increased its position in shares of Alico by 16.5% in the 3rd quarter. Vanguard Group Inc now owns 164,550 shares of the company’s stock worth $5,562,000 after purchasing an additional 23,285 shares during the last quarter. Hedge funds and other institutional investors own 70.44% of the company’s stock.

ALCO opened at $25.78 on Monday. The stock has a market capitalization of $192.58 million, a PE ratio of 28.47 and a beta of 0.62. Alico, Inc. has a 1-year low of $25.25 and a 1-year high of $34.65. The company has a quick ratio of 0.82, a current ratio of 2.58 and a debt-to-equity ratio of 1.12.

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Alico Profile

Alico, Inc, together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Water Resources and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which comprise contracting for the harvesting, marketing, and hauling of citrus.

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Institutional Ownership by Quarter for Alico (NASDAQ:ALCO)

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