Valueworks LLC raised its position in Maui Land & Pineapple Company, Inc. (NYSE:MLP - Free Report) by 9.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 803,267 shares of the financial services provider's stock after purchasing an additional 71,751 shares during the quarter. Maui Land & Pineapple accounts for approximately 5.9% of Valueworks LLC's holdings, making the stock its 4th biggest holding. Valueworks LLC owned approximately 4.09% of Maui Land & Pineapple worth $17,656,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of Maui Land & Pineapple during the fourth quarter valued at approximately $1,648,000. JPMorgan Chase & Co. lifted its stake in shares of Maui Land & Pineapple by 374.6% during the fourth quarter. JPMorgan Chase & Co. now owns 26,344 shares of the financial services provider's stock worth $579,000 after buying an additional 20,793 shares during the period. Dauntless Investment Group LLC acquired a new stake in shares of Maui Land & Pineapple during the fourth quarter worth $286,000. Barclays PLC lifted its stake in shares of Maui Land & Pineapple by 296.9% during the third quarter. Barclays PLC now owns 10,815 shares of the financial services provider's stock worth $243,000 after buying an additional 8,090 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in shares of Maui Land & Pineapple by 115.0% during the fourth quarter. Wells Fargo & Company MN now owns 5,208 shares of the financial services provider's stock worth $114,000 after purchasing an additional 2,786 shares during the last quarter. 24.55% of the stock is currently owned by institutional investors.
Maui Land & Pineapple Stock Performance
MLP traded down $0.05 on Friday, reaching $15.64. The stock had a trading volume of 7,678 shares, compared to its average volume of 17,071. The company has a market cap of $308.76 million, a P/E ratio of -68.00 and a beta of 0.76. The business's 50-day moving average price is $16.10 and its two-hundred day moving average price is $19.39. The company has a current ratio of 2.86, a quick ratio of 2.86 and a debt-to-equity ratio of 0.09. Maui Land & Pineapple Company, Inc. has a 12-month low of $14.05 and a 12-month high of $26.46.
Maui Land & Pineapple (NYSE:MLP - Get Free Report) last posted its earnings results on Thursday, May 15th. The financial services provider reported ($0.44) earnings per share for the quarter. Maui Land & Pineapple had a negative net margin of 40.09% and a negative return on equity of 14.23%. The firm had revenue of $5.80 million during the quarter.
About Maui Land & Pineapple
(
Free Report)
Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.
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