Waterfront Wealth Inc. Acquires 526 Shares of Fresh Del Monte Produce Inc. (NYSE:FDP)

Waterfront Wealth Inc. grew its holdings in Fresh Del Monte Produce Inc. (NYSE:FDP) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,592 shares of the company’s stock after acquiring an additional 526 shares during the quarter. Waterfront Wealth Inc.’s holdings in Fresh Del Monte Produce were worth $750,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Charles Schwab Investment Management Inc. raised its stake in Fresh Del Monte Produce by 5.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,060,576 shares of the company’s stock valued at $31,329,000 after purchasing an additional 59,521 shares during the last quarter. Barclays PLC raised its position in shares of Fresh Del Monte Produce by 185.7% during the third quarter. Barclays PLC now owns 70,694 shares of the company’s stock valued at $2,087,000 after buying an additional 45,952 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Fresh Del Monte Produce by 25.5% in the third quarter. JPMorgan Chase & Co. now owns 437,998 shares of the company’s stock valued at $12,938,000 after buying an additional 88,900 shares during the period. Chesapeake Capital Corp IL bought a new stake in shares of Fresh Del Monte Produce in the third quarter valued at about $592,000. Finally, Empowered Funds LLC grew its position in Fresh Del Monte Produce by 5.1% during the fourth quarter. Empowered Funds LLC now owns 262,063 shares of the company’s stock worth $8,703,000 after buying an additional 12,723 shares in the last quarter. Institutional investors and hedge funds own 64.83% of the company’s stock.

Fresh Del Monte Produce Trading Up 0.7 %

Fresh Del Monte Produce stock opened at $30.83 on Friday. The business has a 50 day moving average price of $31.71 and a two-hundred day moving average price of $30.90. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.14. Fresh Del Monte Produce Inc. has a 12 month low of $21.23 and a 12 month high of $35.27. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 93.43 and a beta of 0.39.

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.