Parametrica Management Ltd acquired a new stake in Fresh Del Monte Produce, Inc. (NYSE:FDP) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,318 shares of the company’s stock, valued at approximately $378,000.

Several other hedge funds have also recently added to or reduced their stakes in FDP. Federated Investors Inc. PA lifted its position in Fresh Del Monte Produce by 0.3% during the second quarter. Federated Investors Inc. PA now owns 13,729 shares of the company’s stock valued at $699,000 after purchasing an additional 35 shares during the last quarter. Amalgamated Bank lifted its position in Fresh Del Monte Produce by 3.3% during the second quarter. Amalgamated Bank now owns 4,188 shares of the company’s stock valued at $213,000 after purchasing an additional 133 shares during the last quarter. Eqis Capital Management Inc. lifted its position in Fresh Del Monte Produce by 3.5% during the second quarter. Eqis Capital Management Inc. now owns 4,719 shares of the company’s stock valued at $240,000 after purchasing an additional 161 shares during the last quarter. Suntrust Banks Inc. lifted its position in Fresh Del Monte Produce by 6.5% during the second quarter. Suntrust Banks Inc. now owns 5,330 shares of the company’s stock valued at $271,000 after purchasing an additional 326 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in Fresh Del Monte Produce by 0.4% during the second quarter. PNC Financial Services Group Inc. now owns 111,883 shares of the company’s stock valued at $5,697,000 after purchasing an additional 448 shares during the last quarter. Institutional investors own 64.83% of the company’s stock.

In other Fresh Del Monte Produce news, VP Mohammed Abbas sold 4,366 shares of the stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $47.38, for a total transaction of $206,861.08. Following the completion of the sale, the vice president now directly owns 4,366 shares of the company’s stock, valued at approximately $206,861.08. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Sergio Mancilla sold 3,642 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $49.50, for a total transaction of $180,279.00. Following the sale, the vice president now directly owns 1,642 shares of the company’s stock, valued at $81,279. The disclosure for this sale can be found here. Insiders sold a total of 35,387 shares of company stock valued at $1,727,205 over the last three months. 36.90% of the stock is currently owned by insiders.

Fresh Del Monte Produce (NYSE:FDP) last released its earnings results on Tuesday, October 31st. The company reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.62). The firm had revenue of $952.70 million during the quarter. Fresh Del Monte Produce had a return on equity of 7.62% and a net margin of 3.40%. The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the company earned $1.17 earnings per share.

TRADEMARK VIOLATION NOTICE: This piece of content was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/11/02/parametrica-management-ltd-acquires-shares-of-8318-fresh-del-monte-produce-inc-fdp.html.

Fresh Del Monte Produce Company Profile

Fresh Del Monte Produce Inc is a holding company. The Company, through its subsidiaries, is engaged in sourcing, transportation and marketing of fresh and fresh-cut produce together with prepared food products in Europe, Africa and the Middle East. Its operations are aggregated into business segments on the basis of its products: bananas, other fresh produce and prepared food.

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)

Receive News & Stock Ratings for Fresh Del Monte Produce Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fresh Del Monte Produce Inc. and related stocks with our FREE daily email newsletter.