Fresh Del Monte Produce, Inc. (NYSE:FDP) SVP Bruce Alan Jordan sold 3,457 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $49.42, for a total value of $170,844.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Fresh Del Monte Produce, Inc. (NYSE:FDP) traded down 0.466% during trading on Wednesday, reaching $48.095. The company’s stock had a trading volume of 72,272 shares. The company has a market cap of $2.41 billion, a PE ratio of 15.293 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. The company has a 50 day moving average of $50.64 and a 200 day moving average of $55.24.

Fresh Del Monte Produce (NYSE:FDP) last posted its earnings results on Tuesday, August 1st. The company reported $1.40 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by $0.15. The firm had revenue of $1.15 billion during the quarter. Fresh Del Monte Produce had a return on equity of 10.23% and a net margin of 3.99%. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.75 EPS. On average, analysts anticipate that Fresh Del Monte Produce, Inc. will post $3.79 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 8th. Investors of record on Wednesday, August 16th will be given a $0.15 dividend. The ex-dividend date is Monday, August 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.24%. Fresh Del Monte Produce’s dividend payout ratio is currently 18.93%.

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Separately, Zacks Investment Research upgraded Fresh Del Monte Produce from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th.

Several large investors have recently bought and sold shares of FDP. Icon Advisers Inc. Co. purchased a new stake in Fresh Del Monte Produce during the first quarter worth approximately $320,000. Renaissance Technologies LLC increased its stake in Fresh Del Monte Produce by 5.9% in the first quarter. Renaissance Technologies LLC now owns 629,400 shares of the company’s stock worth $37,279,000 after buying an additional 34,900 shares in the last quarter. Wells Fargo & Company MN increased its stake in Fresh Del Monte Produce by 6.5% in the first quarter. Wells Fargo & Company MN now owns 112,727 shares of the company’s stock worth $6,677,000 after buying an additional 6,891 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in Fresh Del Monte Produce by 49.5% in the first quarter. Schwab Charles Investment Management Inc. now owns 464,385 shares of the company’s stock worth $27,506,000 after buying an additional 153,667 shares in the last quarter. Finally, Nomura Holdings Inc. purchased a new stake in Fresh Del Monte Produce during the first quarter worth approximately $399,000. Institutional investors own 66.64% of the company’s stock.

About Fresh Del Monte Produce

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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