Fresh Del Monte Produce, Inc. (NYSE:FDP) SVP Emanuel Lazopoulos sold 741 shares of the firm’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $49.77, for a total transaction of $36,879.57. Following the completion of the transaction, the senior vice president now directly owns 5,767 shares of the company’s stock, valued at $287,023.59. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Emanuel Lazopoulos also recently made the following trade(s):

  • On Tuesday, August 1st, Emanuel Lazopoulos sold 2,429 shares of Fresh Del Monte Produce stock. The shares were sold at an average price of $47.60, for a total transaction of $115,620.40.

Fresh Del Monte Produce, Inc. (NYSE FDP) opened at 48.32 on Wednesday. The company has a market capitalization of $2.42 billion, a P/E ratio of 15.36 and a beta of 0.42. Fresh Del Monte Produce, Inc. has a one year low of $46.31 and a one year high of $66.86. The firm 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 issued its earnings results on Tuesday, August 1st. The company reported $1.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.55 by $0.15. Fresh Del Monte Produce had a return on equity of 10.23% and a net margin of 3.99%. The company had revenue of $1.15 billion for the quarter. During the same period last year, the company posted $1.75 EPS. The business’s revenue was up 5.4% compared to the same quarter last year. On average, equities analysts forecast that Fresh Del Monte Produce, Inc. will post $3.79 EPS for the current fiscal year.

The business 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 dividend of $0.15 per share. 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 18.93%.

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Several institutional investors have recently modified their holdings of FDP. Icon Advisers Inc. Co. bought a new position in shares of Fresh Del Monte Produce during the first quarter worth $320,000. Renaissance Technologies LLC raised its position in shares of 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 raised its position in shares of 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. raised its position in shares of 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. bought a new position in shares of Fresh Del Monte Produce during the first quarter worth $399,000. Hedge funds and other institutional investors 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 report on Monday, May 1st.

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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