State Street Corp Purchases 12,011 Shares of Maui Land & Pineapple Co. (NYSE:MLP)

State Street Corp boosted its position in shares of Maui Land & Pineapple Co. (NYSE:MLP) by 13.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,711 shares of the financial services provider’s stock after purchasing an additional 12,011 shares during the period. State Street Corp owned about 0.53% of Maui Land & Pineapple worth $1,123,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MLP. Barclays PLC grew its holdings in Maui Land & Pineapple by 101.3% during the 4th quarter. Barclays PLC now owns 6,752 shares of the financial services provider’s stock valued at $76,000 after purchasing an additional 3,397 shares during the last quarter. Renaissance Technologies LLC grew its stake in Maui Land & Pineapple by 1.6% in the 4th quarter. Renaissance Technologies LLC now owns 153,320 shares of the financial services provider’s stock worth $1,725,000 after acquiring an additional 2,400 shares in the last quarter. Valueworks LLC grew its stake in Maui Land & Pineapple by 8.6% in the 4th quarter. Valueworks LLC now owns 509,973 shares of the financial services provider’s stock worth $5,737,000 after acquiring an additional 40,505 shares in the last quarter. UBS Group AG grew its stake in Maui Land & Pineapple by 58.0% in the 4th quarter. UBS Group AG now owns 8,657 shares of the financial services provider’s stock worth $98,000 after acquiring an additional 3,178 shares in the last quarter. Finally, Raymond James & Associates grew its stake in Maui Land & Pineapple by 97.2% in the 1st quarter. Raymond James & Associates now owns 41,350 shares of the financial services provider’s stock worth $452,000 after acquiring an additional 20,380 shares in the last quarter. Institutional investors own 18.30% of the company’s stock.

Separately, ValuEngine upgraded shares of Maui Land & Pineapple from a “sell” rating to a “hold” rating in a research note on Thursday, April 2nd.

Shares of MLP stock opened at $10.84 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.03 and a quick ratio of 5.03. The company has a market capitalization of $202.96 million, a P/E ratio of -20.07 and a beta of 0.56. The company’s 50-day simple moving average is $10.57 and its two-hundred day simple moving average is $10.83. Maui Land & Pineapple Co. has a one year low of $8.50 and a one year high of $13.62.

Maui Land & Pineapple (NYSE:MLP) last announced its quarterly earnings results on Wednesday, April 22nd. The financial services provider reported ($0.06) earnings per share for the quarter. Maui Land & Pineapple had a positive return on equity of 7.20% and a negative net margin of 91.53%. The business had revenue of $2.04 million during the quarter.

Maui Land & Pineapple Company Profile

Maui Land & Pineapple Company, Inc, together with its subsidiaries, develops, sells, and manages residential, resort, commercial, agricultural, and industrial real estate properties in the United States. The company operates through Real Estate, Leasing, Utilities, and Resort Amenities segments. The Real Estate segment is involved in the land planning and entitlement, development, and sales activities; and general brokerage real estate business.

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Institutional Ownership by Quarter for Maui Land & Pineapple (NYSE:MLP)

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