Fresh Del Monte Produce Inc. (NYSE:FDP) Shares Bought by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC lifted its stake in shares of Fresh Del Monte Produce Inc. (NYSE:FDP) by 75.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,750 shares of the company’s stock after acquiring an additional 750 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Fresh Del Monte Produce were worth $58,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its position in shares of Fresh Del Monte Produce by 5.9% in 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 period. Barclays PLC increased its position in shares of Fresh Del Monte Produce by 185.7% in the third quarter. Barclays PLC now owns 70,694 shares of the company’s stock worth $2,087,000 after acquiring an additional 45,952 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Fresh Del Monte Produce by 25.5% during the third quarter. JPMorgan Chase & Co. now owns 437,998 shares of the company’s stock valued at $12,938,000 after acquiring an additional 88,900 shares during the period. Chesapeake Capital Corp IL purchased a new stake in shares of Fresh Del Monte Produce in the 3rd quarter valued at approximately $592,000. Finally, CWA Asset Management Group LLC acquired a new position in Fresh Del Monte Produce in the 4th quarter worth approximately $625,000. 64.83% of the stock is currently owned by institutional investors and hedge funds.

Fresh Del Monte Produce Price Performance

FDP opened at $30.93 on Tuesday. The firm has a market capitalization of $1.48 billion, a P/E ratio of 93.73 and a beta of 0.41. The stock has a fifty day moving average of $32.64 and a 200-day moving average of $30.39. 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.

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.