California State Teachers Retirement System trimmed its position in shares of Limoneira Co (NASDAQ:LMNR) by 10.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,194 shares of the company’s stock after selling 2,400 shares during the period. California State Teachers Retirement System owned approximately 0.15% of Limoneira worth $501,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in Limoneira by 4.0% during the first quarter. Vanguard Group Inc. now owns 489,206 shares of the company’s stock worth $10,230,000 after buying an additional 18,774 shares in the last quarter. Geode Capital Management LLC grew its stake in Limoneira by 9.9% during the first quarter. Geode Capital Management LLC now owns 85,463 shares of the company’s stock worth $1,787,000 after buying an additional 7,675 shares in the last quarter. Teton Advisors Inc. grew its stake in Limoneira by 1.5% during the second quarter. Teton Advisors Inc. now owns 138,575 shares of the company’s stock worth $3,275,000 after buying an additional 1,985 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Limoneira by 22.3% during the second quarter. Dimensional Fund Advisors LP now owns 171,474 shares of the company’s stock worth $4,052,000 after buying an additional 31,293 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in Limoneira by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 40,677 shares of the company’s stock worth $962,000 after buying an additional 228 shares in the last quarter. Hedge funds and other institutional investors own 27.47% of the company’s stock.

A number of equities research analysts have issued reports on LMNR shares. Zacks Investment Research downgraded shares of Limoneira from a “buy” rating to a “hold” rating in a research note on Friday, August 25th. BidaskClub downgraded shares of Limoneira from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th.

In other news, insider Harold S. Edwards sold 6,652 shares of the stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $23.00, for a total value of $152,996.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald L. Michaelis sold 1,500 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $23.58, for a total transaction of $35,370.00. Following the completion of the transaction, the director now directly owns 9,686 shares of the company’s stock, valued at approximately $228,395.88. The disclosure for this sale can be found here. Insiders sold 8,649 shares of company stock valued at $200,293 in the last three months. Company insiders own 5.70% of the company’s stock.

Limoneira Co (LMNR) opened at $23.29 on Thursday. The company has a market cap of $357.02, a PE ratio of 46.02 and a beta of 1.06. The company has a quick ratio of 0.61, a current ratio of 0.74 and a debt-to-equity ratio of 0.70. Limoneira Co has a fifty-two week low of $16.39 and a fifty-two week high of $26.06.

Limoneira (NASDAQ:LMNR) last posted its earnings results on Monday, September 11th. The company reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.01). The company had revenue of $40.40 million during the quarter, compared to the consensus estimate of $37.94 million. Limoneira had a return on equity of 6.64% and a net margin of 7.42%. The firm’s revenue was up 1.3% compared to the same quarter last year. During the same period last year, the company posted $0.71 EPS. equities research analysts forecast that Limoneira Co will post 0.52 EPS for the current fiscal year.

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About Limoneira

Limoneira Company is engaged in agribusiness and real estate development. The Company’s operations consist of fruit production, sales and marketing, rental operations, real estate development and capital investment activities. The Company’s segments include lemon operations, other agribusiness, rental operations and real estate development.

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Institutional Ownership by Quarter for Limoneira (NASDAQ:LMNR)

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