Maui Land & Pineapple Company, Inc. (NYSE:MLP - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.69 and traded as low as $17.21. Maui Land & Pineapple shares last traded at $17.26, with a volume of 31,878 shares trading hands.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded Maui Land & Pineapple from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st.
Get Our Latest Stock Report on Maui Land & Pineapple
Maui Land & Pineapple Price Performance
The stock has a market cap of $340.67 million, a P/E ratio of -75.02 and a beta of 0.75. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.86 and a current ratio of 2.86. The business has a 50 day simple moving average of $15.87 and a 200-day simple moving average of $18.69.
Maui Land & Pineapple (NYSE:MLP - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The financial services provider reported ($0.44) earnings per share (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 business had revenue of $5.80 million during the quarter.
Insider Activity
In other news, Director Stephen M. Case purchased 2,452 shares of the company's stock in a transaction dated Friday, May 30th. The shares were purchased at an average price of $15.80 per share, with a total value of $38,741.60. Following the transaction, the director now directly owns 11,914,616 shares of the company's stock, valued at approximately $188,250,932.80. This represents a 0.02% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought 6,070 shares of company stock valued at $95,963 in the last 90 days. Insiders own 65.88% of the company's stock.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Cannell & Spears LLC lifted its position in shares of Maui Land & Pineapple by 3.9% during the 4th quarter. Cannell & Spears LLC now owns 26,455 shares of the financial services provider's stock valued at $581,000 after buying an additional 1,000 shares during the last quarter. Barclays PLC lifted its holdings in Maui Land & Pineapple by 11.0% during the 4th quarter. Barclays PLC now owns 12,004 shares of the financial services provider's stock worth $264,000 after purchasing an additional 1,189 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Maui Land & Pineapple by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 304,698 shares of the financial services provider's stock worth $6,696,000 after purchasing an additional 1,362 shares in the last quarter. Strs Ohio purchased a new stake in Maui Land & Pineapple during the 1st quarter worth about $26,000. Finally, Bank of New York Mellon Corp lifted its holdings 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. Hedge funds and other institutional investors own 24.55% of the company's stock.
About Maui Land & Pineapple
(
Get 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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