Deprince Race & Zollo Inc. boosted its position in Calavo Growers, Inc. (NASDAQ:CVGW – Free Report) by 40.7% during the second quarter, Holdings Channel reports. The institutional investor owned 356,319 shares of the company’s stock after purchasing an additional 103,024 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in Calavo Growers were worth $8,088,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of CVGW. SG Capital Management LLC acquired a new stake in Calavo Growers in the fourth quarter valued at $7,851,000. American Century Companies Inc. lifted its stake in Calavo Growers by 246.7% in the 2nd quarter. American Century Companies Inc. now owns 261,316 shares of the company’s stock valued at $5,932,000 after purchasing an additional 185,946 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Calavo Growers by 9.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 688,845 shares of the company’s stock worth $20,259,000 after purchasing an additional 60,803 shares during the period. Cubist Systematic Strategies LLC grew its holdings in Calavo Growers by 111.4% during the second quarter. Cubist Systematic Strategies LLC now owns 60,861 shares of the company’s stock worth $1,382,000 after purchasing an additional 32,077 shares during the period. Finally, Squarepoint Ops LLC acquired a new position in Calavo Growers during the second quarter worth approximately $724,000. Institutional investors own 81.30% of the company’s stock.
Calavo Growers Trading Up 2.3 %
CVGW stock opened at $28.79 on Friday. Calavo Growers, Inc. has a 52 week low of $20.30 and a 52 week high of $31.26. The company has a market capitalization of $512.46 million, a PE ratio of -319.89 and a beta of 0.56. The company’s 50-day simple moving average is $24.72 and its 200 day simple moving average is $25.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.77 and a current ratio of 2.04.
Calavo Growers Increases Dividend
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Calavo Growers from a “sell” rating to a “hold” rating in a research report on Saturday, August 3rd.
Check Out Our Latest Report on CVGW
Calavo Growers Profile
Calavo Growers, Inc markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia.
Recommended Stories
- Five stocks we like better than Calavo Growers
- Manufacturing Stocks Investing
- Rocket Lab Stock Soars: Should Investors Chase the Rally?
- The Significance of Brokerage Rankings in Stock Selection
- KB Home Slips After Earnings: What’s Next for Homebuilders?
- Overbought Stocks Explained: Should You Trade Them?
- Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat
Want to see what other hedge funds are holding CVGW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Calavo Growers, Inc. (NASDAQ:CVGW – Free Report).
Receive News & Ratings for Calavo Growers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calavo Growers and related companies with MarketBeat.com's FREE daily email newsletter.