Pope Resources (NASDAQ:POPE) VP Kevin Bates acquired 200 shares of Pope Resources stock in a transaction on Monday, November 19th. The stock was acquired at an average cost of $70.18 per share, for a total transaction of $14,036.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

POPE stock opened at $68.66 on Tuesday. The firm has a market cap of $311.09 million, a PE ratio of 12.90 and a beta of 0.07. Pope Resources has a twelve month low of $66.60 and a twelve month high of $73.50. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.45.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 15th. Stockholders of record on Thursday, November 1st were given a dividend of $1.00 per share. The ex-dividend date was Wednesday, October 31st. This represents a $4.00 dividend on an annualized basis and a dividend yield of 5.83%. This is an increase from Pope Resources’s previous quarterly dividend of $0.80.

Hedge funds have recently added to or reduced their stakes in the company. California Public Employees Retirement System bought a new stake in shares of Pope Resources during the second quarter worth $231,000. Baker Ellis Asset Management LLC raised its position in shares of Pope Resources by 58.3% during the third quarter. Baker Ellis Asset Management LLC now owns 3,800 shares of the construction company’s stock worth $276,000 after acquiring an additional 1,400 shares during the last quarter. Hunter Associates Investment Management LLC raised its position in shares of Pope Resources by 19.5% during the second quarter. Hunter Associates Investment Management LLC now owns 4,600 shares of the construction company’s stock worth $338,000 after acquiring an additional 750 shares during the last quarter. First Manhattan Co. raised its position in shares of Pope Resources by 7.6% during the third quarter. First Manhattan Co. now owns 13,334 shares of the construction company’s stock worth $966,000 after acquiring an additional 937 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of Pope Resources by 25.6% during the second quarter. Baird Financial Group Inc. now owns 67,311 shares of the construction company’s stock worth $4,947,000 after acquiring an additional 13,722 shares during the last quarter. Institutional investors own 12.25% of the company’s stock.

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About Pope Resources

Pope Resources, A Delaware Limited Partnership manages timber resources in the United States. The company operates in three segments: Fee Timber, Timberland Investment Management, and Real Estate. The Fee Timber segment is involved in growing, managing, harvesting, and marketing timber from 206,000 timberland acres that it owns or manages as tree farms to domestic manufacturers and export brokers.

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Insider Buying and Selling by Quarter for Pope Resources (NASDAQ:POPE)

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