Marshall Wace LLP purchased a new stake in shares of Limoneira (NASDAQ:LMNR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 127,661 shares of the company’s stock, valued at approximately $3,333,000. Marshall Wace LLP owned 0.72% of Limoneira as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Stephens Inc. AR acquired a new stake in Limoneira during the second quarter valued at $2,296,000. Cortina Asset Management LLC acquired a new stake in Limoneira during the second quarter valued at $6,925,000. Dimensional Fund Advisors LP grew its position in Limoneira by 15.7% during the second quarter. Dimensional Fund Advisors LP now owns 307,014 shares of the company’s stock valued at $7,556,000 after buying an additional 41,581 shares during the period. EAM Investors LLC acquired a new stake in Limoneira during the third quarter valued at $744,000. Finally, Advisors Asset Management Inc. grew its position in Limoneira by 6,350.3% during the second quarter. Advisors Asset Management Inc. now owns 1,039,403 shares of the company’s stock valued at $603,000 after buying an additional 1,023,289 shares during the period. Institutional investors own 50.29% of the company’s stock.
LMNR opened at $20.63 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.81 and a debt-to-equity ratio of 0.31. The firm has a market cap of $364.51 million, a price-to-earnings ratio of 31.26, a P/E/G ratio of 1.50 and a beta of 0.85. Limoneira has a 52-week low of $19.62 and a 52-week high of $33.42.
In other Limoneira news, Director John W.H. Merriman sold 2,200 shares of the stock in a transaction on Thursday, September 20th. The shares were sold at an average price of $28.01, for a total transaction of $61,622.00. Following the transaction, the director now directly owns 1,218 shares of the company’s stock, valued at $34,116.18. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Calavo Growers Inc sold 8,275 shares of the stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $23.84, for a total transaction of $197,276.00. Following the transaction, the insider now directly owns 1,720,295 shares in the company, valued at $41,011,832.80. The disclosure for this sale can be found here. Company insiders own 4.50% of the company’s stock.
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Limoneira Company Profile
Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through six segments: Fresh Lemons, Lemon Packing, Avocados, Other Agribusiness, Rental Operations, and Real Estate Development. The Fresh Lemons segment markets and sells lemons directly to food service, wholesale, and retail customers.
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