Renaissance Technologies LLC Bought A Little More Fresh Del Monte Produce (FDP) Stock Last Quarter


Fresh Del Monte Produce (NYSE:FDP).

Renaissance Technologies LLC says it bought 21,800 shares in the previous quarter increasing its holdings in Fresh Del Monte Produce by 3.7%. Its investment was valued at $28,076,000 a decrease of $2,256,000 as of quarter end.

These firms have modified their investment in FDP. As of quarter end Tiaa Cref Investment Management LLC had bought a total of 44,562 shares growing its position 15.8%. The value of the company’s investment in Fresh Del Monte Produce increased from $14,391,000 to $14,876,000 a change of 3.4% quarter over quarter. Numeric Investors LLC reduced its ownership by shedding 198,778 shares a decrease of 37.3%. Numeric Investors LLC currently owns 333,955 shares worth $15,182,000. The value of the position overall is down by 44.0%.

As of the end of the quarter Schwab Charles Investment Management Inc had disposed of 68,858 shares trimming its holdings by 15.7%. The value of the investment in (FDP) went from $22,296,000 to $16,779,000 a change of $5,517,000 since the last quarter.

The company is trading up from yesterday’s close of 45.35. The P/E ratio is 16.96 and the market cap is 2.29B. In the latest earnings report the EPS was $2.72 with 49.74M shares now outstanding.

Investors are a little more bearish on Fresh Del Monte Produce of late if you take a look at the change in short interest. The stock recorded a rise in short interest between October 13, 2017 and October 31, 2017 of 0.86%. Short interest increased from 2,319,614 to 2,339,578 over that timeframe. Days to cover decreased -9.0 to 7.0 and the short interest percentage is 0.05% as of October 31.