Trafelet Brokaw Capital Management buys $9,799,455 stake in Alico (ALCO)

Alico (ALCO) : Trafelet Brokaw Capital Management scooped up 26,768 additional shares in Alico during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 347,992 shares of Alico which is valued at $9,799,455.Alico makes up approximately 8.07% of Trafelet Brokaw Capital Management’s portfolio.

Other Hedge Funds, Including , Rodgers Brothers boosted its stake in ALCO in the latest quarter, The investment management firm added 6,500 additional shares and now holds a total of 48,693 shares of Alico which is valued at $1,371,195. Alico makes up approx 0.56% of Rodgers Brothers’s portfolio.Blackrock Fund Advisors reduced its stake in ALCO by selling 15,521 shares or 15.21% in the most recent quarter. The Hedge Fund company now holds 86,525 shares of ALCO which is valued at $2,436,544. Swiss National Bank sold out all of its stake in ALCO during the most recent quarter. The investment firm sold 4,500 shares of ALCO which is valued $129,420.

Alico closed down -0.13 points or -0.46% at $27.95 with 9,801 shares getting traded on Thursday. Post opening the session at $27.77, the shares hit an intraday low of $27.74 and an intraday high of $28.11 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Alico Inc. is an agribusiness and natural resources management company. The Company’s Citrus Groves segment includes activities related to planting owning cultivating and/or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets. The Improved Farmland segment includes activities related to owning and/or leasing improved farmland. The Agricultural Supply Chain Management segment includes activities related to the purchase and resale of fruit as well as value-added services which include contracting for the harvesting marketing and hauling of citrus. The Ranch and Conservation segment includes activities related to cattle grazing sod native plant and animal sales leasing management and/or conservation of unimproved native pastureland. The Other Operations segment includes activities related to a citrus nursery rock mining royalties oil exploration and other lines of business.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *