Fresh Del Monte Produce, Inc. (NYSE:FDP) CFO Richard Contreras sold 899 shares of the company’s stock in a transaction on Monday, August 7th. The shares were sold at an average price of $49.71, for a total transaction of $44,689.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Friday, August 4th, Richard Contreras sold 616 shares of Fresh Del Monte Produce stock. The shares were sold at an average price of $49.77, for a total transaction of $30,658.32.
  • On Thursday, August 3rd, Richard Contreras sold 7,320 shares of Fresh Del Monte Produce stock. The shares were sold at an average price of $48.84, for a total transaction of $357,508.80.
  • 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 transaction of $85,489.60.

Fresh Del Monte Produce, Inc. (NYSE FDP) traded down 0.466% during trading on Wednesday, hitting $48.095. 72,272 shares of the company traded hands. 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 market capitalization of $2.41 billion, a P/E ratio of 15.293 and a beta of 0.42. The stock has a 50 day moving average price of $50.64 and a 200 day moving average price of $55.24.

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

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

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A number of large investors have recently made changes to their positions in FDP. Federated Investors Inc. PA boosted its stake in shares of Fresh Del Monte Produce by 0.3% in the second quarter. Federated Investors Inc. PA now owns 13,729 shares of the company’s stock worth $699,000 after buying an additional 35 shares in the last quarter. Tdam USA Inc. boosted its stake in shares of Fresh Del Monte Produce by 0.5% in the first quarter. Tdam USA Inc. now owns 18,841 shares of the company’s stock worth $1,116,000 after buying an additional 95 shares in the last quarter. Eqis Capital Management Inc. boosted its stake in shares of Fresh Del Monte Produce by 3.5% in the second quarter. Eqis Capital Management Inc. now owns 4,719 shares of the company’s stock worth $240,000 after buying an additional 161 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Fresh Del Monte Produce by 1.7% in the first quarter. Sei Investments Co. now owns 12,782 shares of the company’s stock worth $757,000 after buying an additional 219 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Fresh Del Monte Produce by 3.3% in the first quarter. Stifel Financial Corp now owns 8,215 shares of the company’s stock worth $488,000 after buying an additional 266 shares in the last quarter. Institutional investors and hedge funds own 66.64% of the company’s stock.

Separately, Zacks Investment Research downgraded shares of Fresh Del Monte Produce from a “hold” rating to a “sell” rating in a research note on Monday, May 15th.

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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