SLT Holdings LLC Takes $125,000 Position in Cadiz Inc. (NASDAQ:CDZI)

SLT Holdings LLC acquired a new stake in Cadiz Inc. (NASDAQ:CDZI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 24,000 shares of the company’s stock, valued at approximately $125,000.

Several other institutional investors have also modified their holdings of CDZI. The Manufacturers Life Insurance Company bought a new stake in shares of Cadiz during the 3rd quarter worth approximately $58,000. BNP Paribas Financial Markets lifted its stake in shares of Cadiz by 27.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 20,386 shares of the company’s stock worth $62,000 after acquiring an additional 4,329 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Cadiz by 31.6% during the 4th quarter. SG Americas Securities LLC now owns 19,717 shares of the company’s stock worth $103,000 after acquiring an additional 4,737 shares during the last quarter. Barclays PLC lifted its stake in shares of Cadiz by 315.6% during the 3rd quarter. Barclays PLC now owns 60,217 shares of the company’s stock worth $183,000 after acquiring an additional 45,728 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Cadiz by 11.9% during the 4th quarter. Bank of New York Mellon Corp now owns 101,719 shares of the company’s stock worth $529,000 after acquiring an additional 10,790 shares during the last quarter. 79.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Cadiz to a “sell” rating in a research note on Wednesday.

Cadiz Trading Down 8.1 %

CDZI opened at $3.64 on Friday. The stock’s fifty day moving average is $4.80 and its two-hundred day moving average is $3.92. The company has a market capitalization of $273.67 million, a P/E ratio of -7.14 and a beta of 0.96. Cadiz Inc. has a 52 week low of $2.12 and a 52 week high of $5.68. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 3.88.

Cadiz Company Profile

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.