SG Americas Securities LLC Acquires Shares of 4,119 Alico, Inc. (NASDAQ:ALCO)

SG Americas Securities LLC acquired a new stake in shares of Alico, Inc. (NASDAQ:ALCO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,119 shares of the company’s stock, valued at approximately $120,000. SG Americas Securities LLC owned 0.05% of Alico at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ALCO. FMR LLC increased its holdings in shares of Alico by 34.4% during the first quarter. FMR LLC now owns 1,728 shares of the company’s stock valued at $42,000 after acquiring an additional 442 shares in the last quarter. Citigroup Inc. boosted its position in Alico by 10,525.0% in the second quarter. Citigroup Inc. now owns 2,125 shares of the company’s stock worth $54,000 after purchasing an additional 2,105 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in Alico by 1,503.8% in the second quarter. BNP Paribas Arbitrage SA now owns 1,700 shares of the company’s stock worth $61,000 after purchasing an additional 1,594 shares during the last quarter. BNP Paribas Arbitrage SNC boosted its position in Alico by 77.1% in the third quarter. BNP Paribas Arbitrage SNC now owns 3,010 shares of the company’s stock worth $85,000 after purchasing an additional 1,310 shares during the last quarter. Finally, Barclays PLC boosted its position in Alico by 113.1% in the first quarter. Barclays PLC now owns 3,588 shares of the company’s stock worth $86,000 after purchasing an additional 1,904 shares during the last quarter. 62.28% of the stock is currently owned by institutional investors.

Alico Trading Up 0.8 %

Shares of NASDAQ:ALCO opened at $26.86 on Friday. The stock has a market capitalization of $204.67 million, a price-to-earnings ratio of 4.26 and a beta of 0.86. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.05 and a current ratio of 2.52. The stock’s 50-day simple moving average is $28.20 and its two-hundred day simple moving average is $27.74. Alico, Inc. has a 52-week low of $22.58 and a 52-week high of $31.00.

Alico (NASDAQ:ALCO) last posted its quarterly earnings data on Wednesday, February 7th. The company reported ($2.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($2.06). Alico had a net margin of 110.84% and a negative return on equity of 14.09%. The company had revenue of $13.99 million for the quarter, compared to analysts’ expectations of $11.50 million. Analysts expect that Alico, Inc. will post -3.41 EPS for the current year.

Alico Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.74%. Alico’s payout ratio is currently 3.17%.

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 Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus.