Limoneira Company (LMNR) : Global Alpha Capital Management Ltd. scooped up 55,900 additional shares in Limoneira Company 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 323,270 shares of Limoneira Company which is valued at $6,174,457.Limoneira Company makes up approximately 3.81% of Global Alpha Capital Management Ltd.’s portfolio.
Other Hedge Funds, Including , Cardinal Capital Management Ct sold out all of its stake in LMNR during the most recent quarter. The investment firm sold 32,604 shares of LMNR which is valued $622,736.Geode Capital Management boosted its stake in LMNR in the latest quarter, The investment management firm added 2,903 additional shares and now holds a total of 74,186 shares of Limoneira Company which is valued at $1,416,953.Renaissance Technologies reduced its stake in LMNR by selling 2,300 shares or 10.13% in the most recent quarter. The Hedge Fund company now holds 20,400 shares of LMNR which is valued at $389,640.Tiaa Cref Investment Management reduced its stake in LMNR by selling 2,082 shares or 5.06% in the most recent quarter. The Hedge Fund company now holds 39,070 shares of LMNR which is valued at $746,237.Vanguard Group Inc reduced its stake in LMNR by selling 28,553 shares or 6.3% in the most recent quarter. The Hedge Fund company now holds 424,921 shares of LMNR which is valued at $8,115,991.
Limoneira Company opened for trading at $16.59 and hit $16.8 on the upside on Thursday, eventually ending the session at $16.8, with a gain of 1.14% or 0.19 points. The heightened volatility saw the trading volume jump to 25,328 shares. Company has a market cap of $238 M.
On the company’s financial health, Limoneira Company reported $0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.12 based on the information available during the earnings call on Jun 9, 2016. Analyst had a consensus of $0.20. The company had revenue of $27.40 million for the quarter, compared to analysts expectations of $27.98 million. The company’s revenue was down -3.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.17 EPS.
Limoneira Company is an agribusiness and real estate development company. The Company’s operations consist of fruit production sales and marketing rental operations real estate development and capital investment activities. The Company has three business segments: agribusiness rental operations and real estate development. The agribusiness segment includes its farming and lemon packing and sales operations. The rental operations segment includes its residential and commercial rentals leased land operations and organic recycling. The real estate development segment includes its real estate projects and development. In addition to growing lemons and avocados the Company also grows oranges and a variety of specialty citrus and other crops. It also operates its own packinghouse in Santa Paula California and Yuma Arizona where it processes packs and sells lemons it grows as well as lemons grown by others.