JPMorgan Chase & Co. Purchases 20,793 Shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP)

JPMorgan Chase & Co. increased its position in shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP - Free Report) by 374.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,344 shares of the financial services provider's stock after acquiring an additional 20,793 shares during the period. JPMorgan Chase & Co. owned about 0.13% of Maui Land & Pineapple worth $579,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in MLP. Raymond James Financial Inc. bought a new position in shares of Maui Land & Pineapple in the fourth quarter worth about $1,648,000. Bank of New York Mellon Corp increased its position in Maui Land & Pineapple by 11.0% during the 4th quarter. Bank of New York Mellon Corp now owns 16,145 shares of the financial services provider's stock worth $355,000 after purchasing an additional 1,603 shares in the last quarter. Barclays PLC lifted its stake in Maui Land & Pineapple by 296.9% in the 3rd quarter. Barclays PLC now owns 10,815 shares of the financial services provider's stock valued at $243,000 after purchasing an additional 8,090 shares during the last quarter. Geode Capital Management LLC boosted its position in Maui Land & Pineapple by 0.8% in the third quarter. Geode Capital Management LLC now owns 167,830 shares of the financial services provider's stock valued at $3,768,000 after buying an additional 1,333 shares in the last quarter. Finally, State Street Corp grew its stake in shares of Maui Land & Pineapple by 4.5% during the third quarter. State Street Corp now owns 107,366 shares of the financial services provider's stock worth $2,410,000 after buying an additional 4,654 shares during the last quarter. Institutional investors and hedge funds own 24.55% of the company's stock.

Maui Land & Pineapple Price Performance

Shares of MLP traded up $0.28 during trading hours on Friday, reaching $15.20. The stock had a trading volume of 12,204 shares, compared to its average volume of 17,005. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.86 and a current ratio of 2.86. Maui Land & Pineapple Company, Inc. has a 12 month low of $14.05 and a 12 month high of $26.46. The stock has a market capitalization of $300.09 million, a PE ratio of -66.08 and a beta of 0.63. The company's 50-day moving average is $17.13 and its two-hundred day moving average is $20.11.

Maui Land & Pineapple (NYSE:MLP - Get Free Report) last announced its quarterly earnings results on Monday, March 31st. The financial services provider reported ($0.11) EPS 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 $3.41 million for the quarter.

Maui Land & Pineapple Company Profile

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.