Dimensional Fund Advisors LP Has $27.49 Million Stock Position in Tejon Ranch Co. (NYSE:TRC)

Dimensional Fund Advisors LP cut its holdings in shares of Tejon Ranch Co. (NYSE:TRC) by 1.4% during the second quarter, HoldingsChannel.com reports. The firm owned 1,611,323 shares of the real estate development and agribusiness company’s stock after selling 22,286 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.06% of Tejon Ranch worth $27,489,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Quent Capital LLC bought a new stake in shares of Tejon Ranch in the 1st quarter valued at about $37,000. Signaturefd LLC boosted its holdings in shares of Tejon Ranch by 1,267.2% in the 2nd quarter. Signaturefd LLC now owns 2,584 shares of the real estate development and agribusiness company’s stock valued at $44,000 after buying an additional 2,395 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Tejon Ranch by 65.7% in the 1st quarter. BNP Paribas Financial Markets now owns 10,216 shares of the real estate development and agribusiness company’s stock valued at $157,000 after buying an additional 4,051 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Tejon Ranch by 39.2% in the 2nd quarter. SG Americas Securities LLC now owns 11,249 shares of the real estate development and agribusiness company’s stock valued at $192,000 after buying an additional 3,170 shares during the last quarter. Finally, EntryPoint Capital LLC boosted its holdings in shares of Tejon Ranch by 286.1% in the 1st quarter. EntryPoint Capital LLC now owns 14,740 shares of the real estate development and agribusiness company’s stock valued at $227,000 after buying an additional 10,922 shares during the last quarter. 60.63% of the stock is currently owned by institutional investors and hedge funds.

Tejon Ranch Trading Down 0.5 %

Shares of Tejon Ranch stock opened at $17.32 on Thursday. The business has a fifty day simple moving average of $17.69 and a two-hundred day simple moving average of $17.08. Tejon Ranch Co. has a 1 year low of $14.80 and a 1 year high of $19.82. The company has a market capitalization of $464.12 million, a price-to-earnings ratio of 577.33 and a beta of 0.58. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.43 and a quick ratio of 2.95.

Tejon Ranch (NYSE:TRC) last posted its quarterly earnings data on Tuesday, August 6th. The real estate development and agribusiness company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.07. The firm had revenue of $5.69 million for the quarter, compared to analysts’ expectations of $7.50 million. Tejon Ranch had a return on equity of 0.26% and a net margin of 3.21%. Research analysts forecast that Tejon Ranch Co. will post 0.02 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Tejon Ranch to a “sell” rating in a report on Wednesday, August 7th.

Tejon Ranch Profile

Tejon Ranch Co, together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.