Universal Beteiligungs und Servicegesellschaft mbH Makes New Investment in SunOpta Inc. (NASDAQ:STKL)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in SunOpta Inc. (NASDAQ:STKL - Free Report) TSE: SOY during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 523,000 shares of the company's stock, valued at approximately $4,027,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.44% of SunOpta at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. PharVision Advisers LLC purchased a new position in SunOpta in the 4th quarter worth approximately $153,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in SunOpta by 4.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 91,055 shares of the company's stock worth $701,000 after purchasing an additional 4,053 shares in the last quarter. Woodline Partners LP lifted its holdings in SunOpta by 26.2% in the 4th quarter. Woodline Partners LP now owns 1,541,019 shares of the company's stock worth $11,866,000 after purchasing an additional 320,284 shares in the last quarter. Two Sigma Investments LP lifted its holdings in SunOpta by 53.0% in the 4th quarter. Two Sigma Investments LP now owns 56,428 shares of the company's stock worth $434,000 after purchasing an additional 19,551 shares in the last quarter. Finally, Teza Capital Management LLC bought a new stake in SunOpta in the 4th quarter worth approximately $201,000. 85.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other SunOpta news, SVP Bryan P. Clark sold 8,500 shares of the company's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $5.32, for a total value of $45,220.00. Following the transaction, the senior vice president now owns 28,150 shares of the company's stock, valued at $149,758. This represents a 23.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.90% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised SunOpta from a "sell" rating to a "hold" rating in a research note on Tuesday, March 11th.

SunOpta Price Performance

NASDAQ:STKL traded down $0.02 during trading hours on Thursday, reaching $5.74. The stock had a trading volume of 3,674,719 shares, compared to its average volume of 776,045. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.53 and a current ratio of 1.20. SunOpta Inc. has a 52 week low of $3.65 and a 52 week high of $8.11. The company has a 50 day moving average price of $4.96 and a two-hundred day moving average price of $6.35. The stock has a market capitalization of $674.69 million, a PE ratio of -31.89 and a beta of 1.50.

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.02. SunOpta had a positive return on equity of 7.92% and a negative net margin of 2.74%. The business had revenue of $201.63 million for the quarter, compared to the consensus estimate of $195.09 million. As a group, sell-side analysts anticipate that SunOpta Inc. will post 0.13 earnings per share for the current fiscal year.

About SunOpta

SunOpta Inc engages in manufacture and sale of plant-based and fruit-based food and beverage products in the United States, Canada, and internationally. The company provides plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands; oat-based creamers under the SOWN brand; ready-to-drink protein shakes; and nut, grain, seed, and legume based beverages; packaged teas and concentrates; and meat and vegetable broths and stocks.