Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 523,000 SunOpta Inc. (NASDAQ:STKL)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in SunOpta Inc. (NASDAQ:STKL - Free Report) TSE: SOY in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 523,000 shares of the company's stock, valued at approximately $4,027,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.44% of SunOpta as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP purchased a new position in SunOpta in the fourth quarter valued at about $36,000. D.A. Davidson & CO. bought a new stake in SunOpta in the 4th quarter valued at about $81,000. Bayesian Capital Management LP raised its stake in SunOpta by 15.2% in the 4th quarter. Bayesian Capital Management LP now owns 11,536 shares of the company's stock valued at $89,000 after acquiring an additional 1,523 shares during the period. Quadrant Capital Group LLC lifted its holdings in SunOpta by 15.2% during the fourth quarter. Quadrant Capital Group LLC now owns 14,542 shares of the company's stock valued at $112,000 after purchasing an additional 1,923 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its position in SunOpta by 18.7% during the fourth quarter. EP Wealth Advisors LLC now owns 14,730 shares of the company's stock worth $113,000 after purchasing an additional 2,316 shares during the period. Hedge funds and other institutional investors own 85.39% of the company's stock.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other news, SVP Bryan P. Clark sold 8,500 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $5.32, for a total value of $45,220.00. Following the completion of the transaction, the senior vice president now directly owns 28,150 shares in the company, valued at approximately $149,758. This represents a 23.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.90% of the company's stock.

SunOpta Price Performance

Shares of STKL stock traded down $0.19 during trading hours on Tuesday, reaching $5.99. The stock had a trading volume of 817,403 shares, compared to its average volume of 763,158. The stock's fifty day simple moving average is $4.93 and its 200 day simple moving average is $6.35. The company has a current ratio of 1.20, a quick ratio of 0.53 and a debt-to-equity ratio of 1.61. The firm has a market capitalization of $704.08 million, a PE ratio of -33.28 and a beta of 1.50. SunOpta Inc. has a 12 month low of $3.65 and a 12 month high of $8.11.

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.04 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.02. SunOpta had a negative net margin of 2.74% and a positive return on equity of 7.92%. The firm had revenue of $201.63 million during the quarter, compared to analyst estimates of $195.09 million. On average, equities research analysts predict that SunOpta Inc. will post 0.13 EPS for the current 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.