After grabbing 5.14 million shares, the institutional investor is now in possession of 5.14 million shares of the Consumer Defensive Company. The new investment brought the stake of investor firm to 5.42% having worth around $63.36 million. Moreover, Rubric Capital Management LP increased its share by 0.24 million to have a control over 4.74 million shares. And Harber Asset Management LLC raised its holdings to 0.14 million shares by acquiring 1.66 million shares or 1.74% of the stake.
Dole plc (DOLE) concluded trading on 05/25/23 at a closing price of $13.27, with 1.01 million shares of worth about $13.46 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 25.66% during that period and on Thursday the price saw a gain of about 0.68%. Currently the company’s common shares owned by public are about 94.90M shares, out of which, 64.32M shares are available for trading.
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BNP Paribas Funds – SMaRT Food, JNL/Franklin Templeton Internatio, and Fidelity Low Priced Stock Fund are the top 3 mutual funds which are holding stakes in Dole plc BNP Paribas Funds – SMaRT Food is currently holding 4.11 million shares of worth totaling $50.62 million. The company recently came selling -0.27 million shares which brought its stake up to 4.33% of the company’s outstanding shares. JNL/Franklin Templeton Internatio sold -0.45 million shares, after which its hold over company’s outstanding shares shrunk to 0.95%, leaving 0.9 million shares with the mutual fund that have a worth of about $11.07 million. Fidelity Low Priced Stock Fund, after buying 0.8 million shares, have now control over 0.84% of the stake in the company. It holds 0.0 shares of worth $9.85 million.
Dole plc (NYSE: DOLE) started trading at $13.37, above $0.19 from concluding price of the previous day. However, the stock later moved at a day high price of 13.41, or with a gain of 0.68%. Stock saw a price change of 2.71% in past 5 days and over the past one month there was a price change of 8.50%. Year-to-date (YTD), DOLE shares are showing a performance of 37.51% which increased to 33.91% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.20 but also hit the highest price of $13.29 during that period. The average intraday trading volume for Dole plc shares is 444.86K. The stock is currently trading 7.17% above its 20-day simple moving average (SMA20), while that difference is up 9.59% for SMA50 and it goes to 29.11% higher than SMA200.
BDL Capital Management SAS acquired 5.14 million shares of Dole plc having value of about $63.36 million. Dole plc (NYSE: DOLE) currently have 94.90M outstanding shares and institutions hold larger chunk of about 34.80% of that. Holding of mutual funds in the company is about 13.15% while other institutional holders and individual stake holders have control over 21.61% and — of the stake respectively.
The stock has a current market capitalization of $1.24B. PE ratio of stock for trailing 12 months is 14.57, while it has posted earnings per share of $0.91 in the same period. It has Quick Ratio of 0.90 while making debt-to-equity ratio of 1.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DOLE, volatility over the week remained 2.61% while standing at 2.35% over the month.
Analysts are in expectations that Dole plc (DOLE) stock would likely to be making an EPS of $0.34 in the current quarter, while forecast for next quarter EPS is $0.11 and it is $1.08 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.29 which is $0.38 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.44 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -14.40% while it is estimated to increase by 23.44% in next year.
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