Fresh Del Monte Produce, Inc. (NYSE:FDP) CFO Richard Contreras sold 7,320 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $48.84, for a total value of $357,508.80. Following the transaction, the chief financial officer now directly owns 7,320 shares in the company, valued at approximately $357,508.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Richard Contreras also recently made the following trade(s):

  • On Tuesday, August 1st, Richard Contreras sold 1,796 shares of Fresh Del Monte Produce stock. The shares were sold at an average price of $47.60, for a total value of $85,489.60.

Fresh Del Monte Produce, Inc. (NYSE FDP) opened at 48.98 on Tuesday. The firm has a 50-day moving average price of $50.81 and a 200 day moving average price of $55.36. The company has a market cap of $2.45 billion, a P/E ratio of 15.57 and a beta of 0.42. Fresh Del Monte Produce, Inc. has a 12 month low of $46.31 and a 12 month high of $66.86.

Fresh Del Monte Produce (NYSE:FDP) last posted its earnings results on Tuesday, August 1st. The company reported $1.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.55 by $0.15. The business had revenue of $1.15 billion for the quarter. Fresh Del Monte Produce had a return on equity of 10.23% and a net margin of 3.99%. The firm’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the business posted $1.75 earnings per share. Equities research analysts predict that Fresh Del Monte Produce, Inc. will post $3.79 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, August 14th. This represents a $0.60 annualized dividend and a yield of 1.22%. Fresh Del Monte Produce’s dividend payout ratio (DPR) is 18.93%.

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Separately, Zacks Investment Research downgraded Fresh Del Monte Produce from a “hold” rating to a “sell” rating in a research report on Monday, May 1st.

Large investors have recently bought and sold shares of the company. American Century Companies Inc. boosted its stake in Fresh Del Monte Produce by 2.4% in the first quarter. American Century Companies Inc. now owns 169,616 shares of the company’s stock valued at $10,046,000 after buying an additional 4,025 shares during the period. First Trust Advisors LP boosted its stake in Fresh Del Monte Produce by 42.1% in the first quarter. First Trust Advisors LP now owns 42,533 shares of the company’s stock valued at $2,519,000 after buying an additional 12,609 shares during the period. LSV Asset Management boosted its stake in Fresh Del Monte Produce by 11.9% in the first quarter. LSV Asset Management now owns 2,117,522 shares of the company’s stock valued at $125,420,000 after buying an additional 224,691 shares during the period. Eqis Capital Management Inc. boosted its stake in Fresh Del Monte Produce by 24.8% in the first quarter. Eqis Capital Management Inc. now owns 4,558 shares of the company’s stock valued at $270,000 after buying an additional 907 shares during the period. Finally, Bowling Portfolio Management LLC boosted its stake in Fresh Del Monte Produce by 26.9% in the first quarter. Bowling Portfolio Management LLC now owns 14,483 shares of the company’s stock valued at $858,000 after buying an additional 3,071 shares during the period. 66.64% of the stock is owned by institutional investors.

Fresh Del Monte Produce Company Profile

Fresh Del Monte Produce Inc is a holding company. 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. Its operations are aggregated into business segments on the basis of its products: bananas, other fresh produce and prepared food.

Insider Buying and Selling by Quarter for Fresh Del Monte Produce (NYSE:FDP)

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