Dimensional Fund Advisors LP Has $25.92 Million Stock Holdings in Tejon Ranch Co. (NYSE:TRC)

Dimensional Fund Advisors LP lessened its position in Tejon Ranch Co. (NYSE:TRC - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,629,906 shares of the real estate development and agribusiness company's stock after selling 17,275 shares during the quarter. Dimensional Fund Advisors LP owned about 6.08% of Tejon Ranch worth $25,915,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TRC. Barclays PLC grew its stake in shares of Tejon Ranch by 298.1% in the third quarter. Barclays PLC now owns 32,072 shares of the real estate development and agribusiness company's stock valued at $563,000 after buying an additional 24,015 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Tejon Ranch by 190.7% during the 4th quarter. JPMorgan Chase & Co. now owns 27,666 shares of the real estate development and agribusiness company's stock worth $440,000 after purchasing an additional 18,149 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Tejon Ranch in the fourth quarter valued at $312,000. CenterBook Partners LP purchased a new position in Tejon Ranch in the fourth quarter valued at approximately $1,061,000. Finally, SG Americas Securities LLC boosted its position in shares of Tejon Ranch by 30.3% in the fourth quarter. SG Americas Securities LLC now owns 19,010 shares of the real estate development and agribusiness company's stock worth $302,000 after buying an additional 4,424 shares during the period. Hedge funds and other institutional investors own 60.63% of the company's stock.

Tejon Ranch Price Performance

Tejon Ranch stock traded down $0.11 during midday trading on Monday, hitting $16.37. The company's stock had a trading volume of 6,095 shares, compared to its average volume of 99,048. The company has a quick ratio of 2.46, a current ratio of 2.84 and a debt-to-equity ratio of 0.12. The stock's 50-day moving average price is $16.30 and its 200-day moving average price is $16.04. Tejon Ranch Co. has a 12 month low of $14.71 and a 12 month high of $19.82. The company has a market capitalization of $439.78 million, a PE ratio of -1,648,000.00 and a beta of 0.64.

Tejon Ranch (NYSE:TRC - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The real estate development and agribusiness company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.06). The company had revenue of $8.21 million for the quarter, compared to the consensus estimate of $7.57 million. Tejon Ranch had a negative return on equity of 0.05% and a negative net margin of 0.57%. Analysts anticipate that Tejon Ranch Co. will post -0.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com upgraded Tejon Ranch to a "sell" rating in a research note on Wednesday, March 5th.

Tejon Ranch Profile

Tejon Ranch Co, together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.