Waterfront Wealth Inc. Has $750,000 Stake in Fresh Del Monte Produce Inc. (NYSE:FDP)

Waterfront Wealth Inc. boosted its stake in shares of Fresh Del Monte Produce Inc. (NYSE:FDP) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 22,592 shares of the company’s stock after purchasing an additional 526 shares during the quarter. Waterfront Wealth Inc.’s holdings in Fresh Del Monte Produce were worth $750,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. HHM Wealth Advisors LLC increased its position in shares of Fresh Del Monte Produce by 75.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 1,750 shares of the company’s stock worth $58,000 after purchasing an additional 750 shares in the last quarter. KBC Group NV increased its holdings in shares of Fresh Del Monte Produce by 65.0% during the fourth quarter. KBC Group NV now owns 2,550 shares of the company’s stock worth $85,000 after buying an additional 1,005 shares in the last quarter. Royce & Associates LP bought a new position in shares of Fresh Del Monte Produce in the third quarter valued at approximately $201,000. GAMMA Investing LLC raised its stake in shares of Fresh Del Monte Produce by 106.5% in the fourth quarter. GAMMA Investing LLC now owns 7,482 shares of the company’s stock valued at $248,000 after acquiring an additional 3,858 shares during the last quarter. Finally, ClearAlpha Technologies LP acquired a new position in shares of Fresh Del Monte Produce in the 3rd quarter worth approximately $252,000. 64.83% of the stock is currently owned by institutional investors and hedge funds.

Fresh Del Monte Produce Trading Up 0.7 %

FDP stock opened at $30.83 on Friday. The business has a fifty day moving average price of $31.71 and a 200 day moving average price of $30.90. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.09 and a quick ratio of 1.04. Fresh Del Monte Produce Inc. has a fifty-two week low of $21.23 and a fifty-two week high of $35.27. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 93.43 and a beta of 0.39.

Fresh Del Monte Produce Company Profile

Fresh Del Monte Produce Inc, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services.