Fresh Del Monte Produce Inc (FDP) Shares Sold by LSV Asset Management

LSV Asset Management cut its stake in shares of Fresh Del Monte Produce Inc (NYSE:FDP) by 51.3% during the 4th quarter, HoldingsChannel reports. The fund owned 900,802 shares of the company’s stock after selling 949,524 shares during the period. LSV Asset Management’s holdings in Fresh Del Monte Produce were worth $25,465,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bailard Inc. acquired a new position in Fresh Del Monte Produce during the fourth quarter worth $379,000. Chartwell Investment Partners LLC acquired a new position in Fresh Del Monte Produce during the fourth quarter worth $10,940,000. Dupont Capital Management Corp acquired a new position in Fresh Del Monte Produce during the fourth quarter worth $370,000. Rhumbline Advisers raised its holdings in Fresh Del Monte Produce by 40.4% during the fourth quarter. Rhumbline Advisers now owns 47,578 shares of the company’s stock worth $1,345,000 after buying an additional 13,689 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in Fresh Del Monte Produce by 3.6% during the fourth quarter. Advisors Asset Management Inc. now owns 11,739 shares of the company’s stock worth $332,000 after buying an additional 407 shares during the last quarter. 58.87% of the stock is currently owned by institutional investors and hedge funds.

FDP opened at $35.22 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.97 and a current ratio of 1.95. Fresh Del Monte Produce Inc has a 1-year low of $26.81 and a 1-year high of $52.43. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 43.51 and a beta of 0.72.

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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 worldwide. It offers fresh produce products consisting of bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries, strawberries, and kiwi; various vegetables, including potatoes, onions, bell peppers, and cucumbers; and various other fruits, such as plantains and mangos.

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Want to see what other hedge funds are holding FDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fresh Del Monte Produce Inc (NYSE:FDP).

Institutional Ownership by Quarter for Fresh Del Monte Produce (NYSE:FDP)

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