Strs Ohio Buys 56,800 Shares of AgroFresh Solutions Inc (AGFS)

Strs Ohio boosted its stake in AgroFresh Solutions Inc (NASDAQ:AGFS) by 411.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,600 shares of the basic materials company’s stock after purchasing an additional 56,800 shares during the period. Strs Ohio owned approximately 0.14% of AgroFresh Solutions worth $522,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nationwide Fund Advisors increased its holdings in AgroFresh Solutions by 26.7% in the 2nd quarter. Nationwide Fund Advisors now owns 17,016 shares of the basic materials company’s stock valued at $122,000 after purchasing an additional 3,582 shares in the last quarter. Rhumbline Advisers increased its holdings in AgroFresh Solutions by 20.3% in the 2nd quarter. Rhumbline Advisers now owns 23,333 shares of the basic materials company’s stock valued at $168,000 after purchasing an additional 3,931 shares in the last quarter. Citadel Advisors LLC increased its holdings in AgroFresh Solutions by 41.4% in the 2nd quarter. Citadel Advisors LLC now owns 15,389 shares of the basic materials company’s stock valued at $110,000 after purchasing an additional 4,509 shares in the last quarter. Teachers Advisors LLC increased its holdings in AgroFresh Solutions by 14.8% in the 2nd quarter. Teachers Advisors LLC now owns 50,222 shares of the basic materials company’s stock valued at $361,000 after purchasing an additional 6,478 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in AgroFresh Solutions by 10.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 109,792 shares of the basic materials company’s stock valued at $788,000 after purchasing an additional 9,981 shares in the last quarter. Hedge funds and other institutional investors own 71.42% of the company’s stock.

AgroFresh Solutions Inc (AGFS) opened at $7.43 on Monday. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.51 and a quick ratio of 2.28. The firm has a market cap of $374.01, a PE ratio of -5.31 and a beta of 0.86. AgroFresh Solutions Inc has a 12-month low of $2.61 and a 12-month high of $9.05.

AGFS has been the subject of several recent research reports. ValuEngine upgraded AgroFresh Solutions from a “sell” rating to a “hold” rating in a report on Sunday, December 31st. BidaskClub raised shares of AgroFresh Solutions from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 7th.

In other news, major shareholder Dowdupont Inc. acquired 27,078 shares of the firm’s stock in a transaction on Wednesday, November 22nd. The stock was bought at an average cost of $5.39 per share, with a total value of $145,950.42. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last three months, insiders acquired 467,027 shares of company stock valued at $2,939,097. 15.20% of the stock is currently owned by corporate insiders.

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AgroFresh Solutions Profile

AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.

Institutional Ownership by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

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