Teachers Advisors LLC Has $176,000 Holdings in Alico, Inc. (ALCO)
Teachers Advisors LLC maintained its position in shares of Alico, Inc. (NASDAQ:ALCO) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,632 shares of the company’s stock at the end of the 2nd quarter. Teachers Advisors LLC owned about 0.07% of Alico worth $176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Schwab Charles Investment Management Inc. boosted its stake in shares of Alico by 0.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 12,562 shares of the company’s stock worth $394,000 after acquiring an additional 57 shares in the last quarter. Institutional investors and hedge funds own 73.73% of the company’s stock.
Shares of Alico, Inc. (NASDAQ:ALCO) opened at $31.80 on Thursday. The firm has a market capitalization of $264.11, a price-to-earnings ratio of 47.76 and a beta of 1.34. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.12 and a current ratio of 5.14. Alico, Inc. has a one year low of $25.50 and a one year high of $34.80.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.75%. The ex-dividend date is Thursday, December 28th. Alico’s dividend payout ratio is presently 32.43%.
Separately, BidaskClub lowered Alico from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 27th.
Alico Company Profile
Alico, Inc is an agribusiness and natural resources management company. The Company’s segments include Orange Co, Conservation and Environmental Resources and, Other Operations. Its principal lines of business are citrus groves, cattle ranching and conservation. The Orange Co segment includes activities related to planting, owning, cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing and hauling of citrus.
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