Empirical Finance LLC Acquires 4,798 Shares of Maui Land & Pineapple Company, Inc. (MLP)

Empirical Finance LLC increased its holdings in shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP) by 55.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,443 shares of the financial services provider’s stock after buying an additional 4,798 shares during the period. Empirical Finance LLC owned about 0.07% of Maui Land & Pineapple worth $1,565,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of MLP. Acadian Asset Management LLC boosted its position in Maui Land & Pineapple by 276.1% during the 2nd quarter. Acadian Asset Management LLC now owns 70,459 shares of the financial services provider’s stock worth $1,432,000 after buying an additional 51,727 shares during the period. Strs Ohio acquired a new position in shares of Maui Land & Pineapple in the 2nd quarter worth approximately $600,000. Eagle Global Advisors LLC acquired a new position in shares of Maui Land & Pineapple in the 2nd quarter worth approximately $433,000. Bank of New York Mellon Corp acquired a new position in shares of Maui Land & Pineapple in the 2nd quarter worth approximately $418,000. Finally, Spark Investment Management LLC acquired a new position in shares of Maui Land & Pineapple in the 2nd quarter worth approximately $351,000. Institutional investors and hedge funds own 18.26% of the company’s stock.

Shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP) traded down 0.39% on Tuesday, hitting $12.70. 9,725 shares of the stock were exchanged. Maui Land & Pineapple Company, Inc. has a 52-week low of $6.36 and a 52-week high of $27.80. The company has a 50 day moving average of $14.60 and a 200 day moving average of $15.37. The company has a market cap of $242.46 million, a price-to-earnings ratio of 10.88 and a beta of 0.07.

Maui Land & Pineapple (NYSE:MLP) last released its quarterly earnings data on Wednesday, August 9th. The financial services provider reported $0.34 earnings per share for the quarter. The firm had revenue of $9.34 million during the quarter. Maui Land & Pineapple had a return on equity of 115.21% and a net margin of 49.34%.

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Maui Land & Pineapple Profile

Maui Land & Pineapple Company, Inc is a landholding and operating company. The Company’s segments include Real Estate, which consists of land planning and entitlement, development and sales activities of its landholdings on Maui; Leasing, which includes residential, resort, agricultural, commercial, and industrial land and property leases, licensing of its registered trademarks and trade names, and stewardship and conservation efforts; Utilities, which includes the operations of its Hawaii Public Utilities Commission-regulated subsidiaries, including Kapalua Water Company, Ltd.

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Institutional Ownership by Quarter for Maui Land & Pineapple (NYSE:MLP)

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