Teachers Advisors LLC Has $361,000 Position in AgroFresh Solutions, Inc. (AGFS)

Teachers Advisors LLC increased its stake in shares of AgroFresh Solutions, Inc. (NASDAQ:AGFS) by 14.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,222 shares of the basic materials company’s stock after buying an additional 6,478 shares during the quarter. Teachers Advisors LLC owned about 0.10% of AgroFresh Solutions worth $361,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Private Advisor Group LLC acquired a new stake in AgroFresh Solutions during the second quarter worth approximately $168,000. Rhumbline Advisers boosted its holdings in shares of AgroFresh Solutions by 20.3% in the 2nd quarter. Rhumbline Advisers now owns 23,333 shares of the basic materials company’s stock valued at $168,000 after purchasing an additional 3,931 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of AgroFresh Solutions by 171.0% in the 2nd quarter. Wells Fargo & Company MN now owns 26,015 shares of the basic materials company’s stock valued at $187,000 after purchasing an additional 16,415 shares in the last quarter. Marshall Wace North America L.P. acquired a new stake in shares of AgroFresh Solutions in the 2nd quarter valued at $235,000. Finally, Swiss National Bank boosted its holdings in shares of AgroFresh Solutions by 38.4% in the 2nd quarter. Swiss National Bank now owns 42,200 shares of the basic materials company’s stock valued at $303,000 after purchasing an additional 11,700 shares in the last quarter. 71.95% of the stock is currently owned by institutional investors and hedge funds.

In other AgroFresh Solutions news, major shareholder Chemical Co /De/ Dow bought 14,282 shares of AgroFresh Solutions stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $6.99 per share, with a total value of $99,831.18. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In the last ninety days, insiders acquired 39,757 shares of company stock worth $277,923. Company insiders own 15.20% of the company’s stock.

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

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

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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