Maui Land & Pineapple Company, Inc. (NYSE:MLP) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its stake in Maui Land & Pineapple Company, Inc. (NYSE:MLP) by 1.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 107,449 shares of the financial services provider’s stock after buying an additional 1,100 shares during the quarter. Renaissance Technologies LLC owned approximately 0.55% of Maui Land & Pineapple worth $2,369,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its position in shares of Maui Land & Pineapple by 154.4% in the first quarter. BNP Paribas Financial Markets now owns 6,245 shares of the financial services provider’s stock valued at $135,000 after acquiring an additional 3,790 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Maui Land & Pineapple by 3.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 20,032 shares of the financial services provider’s stock valued at $442,000 after purchasing an additional 660 shares during the last quarter. CastleKnight Management LP lifted its holdings in Maui Land & Pineapple by 29.3% in the 4th quarter. CastleKnight Management LP now owns 35,302 shares of the financial services provider’s stock valued at $561,000 after purchasing an additional 8,002 shares in the last quarter. Finally, Herr Investment Group LLC boosted its stake in shares of Maui Land & Pineapple by 47.8% during the 1st quarter. Herr Investment Group LLC now owns 419,602 shares of the financial services provider’s stock worth $9,089,000 after purchasing an additional 135,791 shares during the last quarter. Institutional investors and hedge funds own 24.55% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Maui Land & Pineapple from a “hold” rating to a “sell” rating in a research note on Tuesday, August 13th.

Maui Land & Pineapple Stock Down 1.5 %

Shares of Maui Land & Pineapple stock opened at $22.12 on Wednesday. The firm has a market cap of $435.54 million, a PE ratio of -147.47 and a beta of 0.46. Maui Land & Pineapple Company, Inc. has a fifty-two week low of $12.25 and a fifty-two week high of $26.46. The business’s fifty day moving average is $23.16 and its two-hundred day moving average is $21.79.

Maui Land & Pineapple (NYSE:MLP) last issued its quarterly earnings results on Monday, August 19th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $2.65 million during the quarter. Maui Land & Pineapple had a negative return on equity of 11.32% and a negative net margin of 34.12%.

About Maui Land & Pineapple

Maui Land & Pineapple Company, Inc, together with its subsidiaries, engages in the planning, managing, developing, and selling residential, resort, commercial, agricultural, and industrial real estate properties in the United States. It operates through Land Development & Sales, Leasing, and Resort Amenities segments.