Insider Trading at Fresh Del Monte Produce Inc.?

FDP+Dividend+History+Chart

FDP+Dividend+History+Chart

The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The stock was sold at an average price of $49.71, for a total value of $44,689.29. The Company, through its subsidiaries, is engaged in sourcing, transportation and marketing of fresh and fresh-cut produce together with prepared food products in Europe, Africa and the Middle East.

The P/E ratio is now 15.51 and market cap is 2.44B. (NYSE FDP) opened at 48.18 on Friday. The company had a trading volume of 74,344 shares. Fresh Del Monte Produce, Inc. has a 1-year low of $46.31 and a 1-year high of $66.86. Vident Inv Advisory Limited Liability Corporation has 0.31% invested in Fresh Del Monte Produce Inc (NYSE:FDP). The company reported $1.40 EPS for the quarter, missing the Zacks' consensus estimate of $1.55 by $0.15. The business had revenue of $1.15 billion during the quarter. Massachusetts-based Acadian Asset Mgmt Ltd has invested 0.55% in Fresh Del Monte Produce Inc (NYSE:FDP). The business's revenue was up 5.4% compared to the same quarter a year ago. During the same period in the prior year, the company posted $1.75 earnings per share. MARSHALL WACE ASIA Ltd purchased a new stake in shares of Fresh Del Monte Produce during the first quarter valued at about $229,000.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Wednesday, August 16th will be issued a $0.15 dividend. The ex-dividend date is set for Monday the 8th of May 2017. Fresh Del Monte Produce's dividend payout ratio is now 18.93%.

TRADEMARK VIOLATION WARNING: This report was reported by Week Herald and is the property of of Week Herald. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States & worldwide copyright & trademark legislation. The original version of this report can be read at https://stocknewstimes.com/2017/08/11/fresh-del-monte-produce-inc-nysefdp-cfo-sells-30658-32-in-stock.html.

Separately, Zacks Investment Research lowered Fresh Del Monte Produce from a "hold" rating to a "sell" rating in a research note on Monday, May 1st.

A number of hedge funds have recently made changes to their positions in the stock. Fresh Del Monte Produce Inc (NYSE:FDP) EarningsWhile the mainstream media likes to focus on the actual earnings move for a stock, that's the distraction when it comes to the option market. Federated Investors Inc. PA now owns 13,729 shares of the company's stock valued at $699,000 after buying an additional 35 shares in the last quarter.

More notable recent Fresh Del Monte Produce Inc (NYSE:FDP) news were published by: Seekingalpha.com which released: "Del Monte Pacific limited and Fresh Del Monte Produce announce new joint ventures" on June 28, 2017, also Nasdaq.com with their article: "Fresh Del Monte Produce, Inc". Tdam USA Inc. now owns 18,841 shares of the company's stock valued at $1,116,000 after buying an additional 95 shares in the last quarter. Advisor Group Inc. increased its position in Fresh Del Monte Produce by 439.7% in the second quarter. Martingale Asset Management L P grew its investment by buying 2,098 shares an increase of 1.7% in the quarter. The value of the investment in Fresh Del Monte Produce, Inc. decreased from $1,155,000 to $1,044,000 a change of 9.6% quarter to quarter. Following the transaction, the senior vice president now owns 5,767 shares in the company, valued at approximately $287,023.59.

Finally, Nomura Holdings Inc. acquired a new position in Fresh Del Monte Produce during the first quarter valued at $399,000.

Notícias recomendadas

  • Guardiola says he's not moved by talk that Man City are favourites

    The Argentine has scored against 29 of the other 30 clubs he's played against, only failing to score versus Bolton Wanderers. Cup final by losing in the semis to Arsenal. "I'm calm and I'm ready to help my team".
    L'Olympique lyonnais remporte une deuxième victoire à Rennes (2-1) — Football

    L'Olympique lyonnais remporte une deuxième victoire à Rennes (2-1) — Football

    Après une première mi-temps animée et plaisante, les deux équipes étaient passées tout près d'une ouverture du score. Memphis très maladroit tout au long de la rencontre sauve sa prestation sur ce coup de pied arrêté.
    ENC Prepares For Rare Total Solar Eclipse

    ENC Prepares For Rare Total Solar Eclipse

    The start of the partial eclipse, when the moon is first appearing to touch the sun, will occur around 1:21 in the afternoon. In Madison on Friday, the glasses were sold out at Kirkland's on the Far East Side and at Toys R Us on the Far West Side.
  • Shares mark worst week this year as geopolitics bites

    The dollar held steady at 110.02 yen JPY= , having pulled up from Wednesday's low of 109.56 yen, its lowest level since June 15. Falls of just 0.3% were recorded by both the Dow Jones industrial average and the more broad-based S&P 500 in early trading.

    Guardiola: Man City to rein in spending after record outlay

    Craig Burley feels Pep Guardiola's back may be against the wall if he does not win any trophies with Man City this season. I assure you that. "We needed to do that because four or five players were out of contract".
    United States  sends McCain's namesake to challenge Chinese maritime claims

    United States sends McCain's namesake to challenge Chinese maritime claims

    China, which claims virtually the entire South China Sea, routinely protests such operations. It was the third " freedom of navigation operation" during Trump's presidency.
  • Ola driver held for flashing woman passenger

    Ola driver held for flashing woman passenger

    As the woman had noted the cab's number, police identified the driver by contacting Ola, and nabbed him. While the victim sat next to the driver, another woman, sharing the ride, sat in the rear seat.
    National 811 Day: Call 811 before you dig

    National 811 Day: Call 811 before you dig

    When making the free call to 811, callers are connected to their local one-call center. "Calling 811 before you dig is the law". Every six minutes an underground utility line is damaged because someone made a decision to dig without first dialing 8-1-1.
    TSX closes 143 points lower, gold rises amid US-North Korean tensions

    TSX closes 143 points lower, gold rises amid US-North Korean tensions

    North Korea said it was completing plans to fire four intermediate - range missiles over Japan to land near the U.S. The Labor Department said its consumer price index inched up by 0.1% in July after coming in unchanged in June.
  • Kyrie Irving Didn't Talk To Teammates For Consecutive Days During Playoffs

    Kyrie Irving Didn't Talk To Teammates For Consecutive Days During Playoffs

    This saga will continue as the National Basketball Association revealed small pieces of next season's schedule this past week. It's a shoe themed after martial arts and acting legend Bruce Lee, with a boatload of inspiration from Kobe Bryant .
    Antonio Conte: Chelsea need new signings for Premier League title

    Antonio Conte: Chelsea need new signings for Premier League title

    It's something that motivates me and makes me work harder every day, to be an extra hour each day in the training ground. Morata was signed for a reported fee rising to £70 million and could make his Premier League debut against the Clarets.
    Trump Is Said to Wait on China Intellectual Property Probe

    Trump Is Said to Wait on China Intellectual Property Probe

    North Korea reacted angrily, vowing to bolster its nuclear arsenal and launch "thousands-fold" revenge against the United States. But Wang, the Chinese envoy, cast Ri's presence in Manila as a positive, enabling him to "hear the voices from other sides".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.