Deutsche Bank AG boosted its holdings in shares of AgroFresh Solutions (NASDAQ:AGFS) by 138.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,979 shares of the basic materials company’s stock after purchasing an additional 28,465 shares during the period. Deutsche Bank AG owned about 0.10% of AgroFresh Solutions worth $361,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in AGFS. Dimensional Fund Advisors LP lifted its stake in AgroFresh Solutions by 49.3% during the third quarter. Dimensional Fund Advisors LP now owns 337,674 shares of the basic materials company’s stock worth $2,374,000 after purchasing an additional 111,568 shares during the period. Strs Ohio lifted its stake in AgroFresh Solutions by 411.6% during the fourth quarter. Strs Ohio now owns 70,600 shares of the basic materials company’s stock worth $522,000 after purchasing an additional 56,800 shares during the period. Wedge Capital Management L L P NC bought a new position in AgroFresh Solutions during the fourth quarter worth about $872,000. Algert Global LLC bought a new position in AgroFresh Solutions during the fourth quarter worth about $496,000. Finally, Alambic Investment Management L.P. bought a new position in AgroFresh Solutions during the fourth quarter worth about $411,000. Hedge funds and other institutional investors own 71.71% of the company’s stock.
In other AgroFresh Solutions news, major shareholder Dowdupont Inc. purchased 5,174 shares of the business’s stock in a transaction on Thursday, March 22nd. The stock was purchased at an average price of $7.00 per share, for a total transaction of $36,218.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have acquired 151,201 shares of company stock valued at $1,052,740. Corporate insiders own 15.20% of the company’s stock.
AgroFresh Solutions (NASDAQ:AGFS) last announced its quarterly earnings results on Thursday, May 10th. The basic materials company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.21). The business had revenue of $38.35 million for the quarter. AgroFresh Solutions had a negative return on equity of 0.37% and a net margin of 13.28%.
A number of research analysts have commented on the stock. BidaskClub cut shares of AgroFresh Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine upgraded shares of AgroFresh Solutions from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.
AgroFresh Solutions Profile
AgroFresh Solutions, Inc provides data-driven specialty solutions worldwide. The company uses 1-Methylcyclopropene technology, an ethylene action inhibitor to maintain freshness and extend the shelf life of various fresh produce. Its solutions enable growers and packers of fresh produce to preserve and enhance the freshness, quality, and value of fresh produce, including apples, pears, kiwifruit, avocados, and bananas, as well as flowers.
Receive News & Ratings for AgroFresh Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AgroFresh Solutions and related companies with MarketBeat.com's FREE daily email newsletter.