TIAA CREF Investment Management LLC grew its holdings in AgroFresh Solutions, Inc. (NASDAQ:AGFS) by 23.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 85,509 shares of the basic materials company’s stock after buying an additional 16,162 shares during the period. TIAA CREF Investment Management LLC owned 0.17% of AgroFresh Solutions worth $614,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of AGFS. Bank of New York Mellon Corp raised its position in shares of AgroFresh Solutions by 6.0% in the first quarter. Bank of New York Mellon Corp now owns 99,811 shares of the basic materials company’s stock valued at $437,000 after buying an additional 5,626 shares during the last quarter. Geode Capital Management LLC raised its position in shares of AgroFresh Solutions by 2.9% in the first quarter. Geode Capital Management LLC now owns 204,662 shares of the basic materials company’s stock valued at $894,000 after buying an additional 5,753 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of AgroFresh Solutions in the second quarter valued at about $900,000. Dow Chemical Co. DE raised its position in shares of AgroFresh Solutions by 1.0% in the second quarter. Dow Chemical Co. DE now owns 17,670,356 shares of the basic materials company’s stock valued at $126,874,000 after buying an additional 170,356 shares during the last quarter. Finally, Rhumbline Advisers raised its position in shares of AgroFresh Solutions by 20.3% in the second quarter. Rhumbline Advisers now owns 23,333 shares of the basic materials company’s stock valued at $168,000 after buying an additional 3,931 shares during the last quarter. Institutional investors and hedge funds own 71.95% of the company’s stock.

A number of brokerages have recently commented on AGFS. Citigroup Inc. reiterated a “neutral” rating and issued a $8.00 target price (down from $9.00) on shares of AgroFresh Solutions in a research report on Monday, August 14th. BidaskClub cut shares of AgroFresh Solutions from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st.

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Shares of AgroFresh Solutions, Inc. (NASDAQ:AGFS) opened at $5.12 on Thursday. The company has a market cap of $264.27, a PE ratio of 525.00 and a beta of 0.88. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.51 and a quick ratio of 2.28. AgroFresh Solutions, Inc. has a 12-month low of $2.13 and a 12-month high of $9.05.

In other AgroFresh Solutions news, major shareholder Chemical Co /De/ Dow bought 14,282 shares of AgroFresh Solutions stock in a transaction dated Monday, August 21st. The stock was acquired at an average cost of $6.99 per share, for a total transaction of $99,831.18. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought 39,757 shares of company stock valued at $277,923 over the last quarter. Company insiders own 15.20% of the company’s stock.

AgroFresh Solutions Company Profile

AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.

Institutional Ownership by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

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