Calavo Growers, Inc. (NASDAQ:CVGW) is expected to pay $0.90 on Dec 8, 2016. The indicated annual dividend is $0.90. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on Calavo Growers, Inc.’s current price of $64.35, the dividend is 1.40%. This dividend’s record date is Nov 17, 2016 and the announcement date is Nov 10, 2016. The stock increased 4.98% or $3.05 on November 11, hitting $64.35. Calavo Growers, Inc. (NASDAQ:CVGW) has risen 13.75% since April 12, 2016 and is uptrending. It has outperformed by 8.77% the S&P500.
Calavo Growers, Inc. is a provider of fresh food. The company has a market cap of $1.18 billion. The Firm is engaged in the marketing and distribution of avocados, prepared avocados and other perishable foods. It has a 33.41 P/E ratio. It also delivers an array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores and restaurants.
Insitutional Activity: The institutional sentiment increased to 1.32 in Q2 2016. Its up 0.07, from 1.25 in 2016Q1. The ratio increased, as 12 funds sold all Calavo Growers, Inc. shares owned while 41 reduced positions. 20 funds bought stakes while 50 increased positions. They now own 10.65 million shares or 1.12% less from 10.77 million shares in 2016Q1.
Citadel Advsrs Ltd Llc last reported 3,653 shares in the company. Fifth Third Fincl Bank accumulated 0% or 816 shares. California Employees Retirement holds 0.01% of its portfolio in Calavo Growers, Inc. (NASDAQ:CVGW) for 47,200 shares. First Trust L P has 36,780 shares for 0.01% of their US portfolio. Arizona State Retirement Sys last reported 0.01% of its portfolio in the stock. Parametric Port Assocs Ltd Limited Liability Company, a Washington-based fund reported 16,530 shares. Neuberger Berman Gru Ltd Liability, a New York-based fund reported 834,877 shares. Lpl Financial accumulated 0% or 8,357 shares. Granahan Inc Ma last reported 106,560 shares in the company. Gabelli Funds Ltd Liability Com reported 15,000 shares or 0.01% of all its holdings. The Iowa-based Dubuque Savings Bank Trust Com has invested 0% in Calavo Growers, Inc. (NASDAQ:CVGW). Gsa Capital Prtn Ltd Liability Partnership last reported 0.07% of its portfolio in the stock. Two Sigma Securities Limited Com holds 4,286 shares or 0.16% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 389 shares or 0% of all its holdings. Global X Mgmt Communication Limited accumulated 0% or 82 shares.
Insider Transactions: Since June 8, 2016, the stock had 0 buys, and 5 selling transactions for $3.66 million net activity. $68,860 worth of Calavo Growers, Inc. (NASDAQ:CVGW) was sold by Brown Marc Laurence on Monday, September 19. $2.47M worth of Calavo Growers, Inc. (NASDAQ:CVGW) was sold by Catchot Kenneth J. Another trade for 1,000 shares valued at $65,900 was sold by Hollister Steve. 14,250 shares with value of $979,260 were sold by HUNT JOHN M on Wednesday, September 14.
Calavo Growers, Inc. (NASDAQ:CVGW) Ratings Coverage
Out of 4 analysts covering Calavo Growers (NASDAQ:CVGW), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Calavo Growers has been the topic of 11 analyst reports since August 24, 2015 according to StockzIntelligence Inc. DA Davidson maintained Calavo Growers, Inc. (NASDAQ:CVGW) on Friday, September 4 with “Neutral” rating. As per Wednesday, August 26, the company rating was downgraded by Vetr. The firm has “” rating by DA Davidson given on Wednesday, March 2. On Wednesday, December 30 the stock rating was maintained by Lake Street with “Buy”. The firm earned “Buy” rating on Thursday, January 7 by DA Davidson. Buckingham Research maintained Calavo Growers, Inc. (NASDAQ:CVGW) rating on Friday, January 15. Buckingham Research has “Buy” rating and $58 price target. The rating was maintained by Stephens with “Overweight” on Monday, August 24. The stock of Calavo Growers, Inc. (NASDAQ:CVGW) has “Buy” rating given on Friday, September 4 by BB&T Capital. The firm earned “Overweight” rating on Friday, November 11 by Stephens. As per Monday, October 19, the company rating was initiated by Buckingham Research.
More notable recent Calavo Growers, Inc. (NASDAQ:CVGW) news were published by: Marketwatch.com which released: “Calavo Growers started at buy with $75 stock price target at Wunderlich Securities” on March 14, 2011, also Businesswire.com with their article: “Calavo Growers, Inc. Announces Record Fiscal 2016 Third Quarter Results” published on September 07, 2016, Businesswire.com published: “Calavo Growers, Inc. Announces Record Fiscal 2016 Second Quarter Results” on June 06, 2016. More interesting news about Calavo Growers, Inc. (NASDAQ:CVGW) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Oshkosh, Columbia Sportswear and Calavo Growers” published on November 11, 2016 as well as Seekingalpha.com‘s news article titled: “Calavo Growers, Inc. Presents A Value Opportunity After Recent Earnings Miss” with publication date: November 22, 2015.
CVGW Company Profile
Calavo Growers, Inc. (Calavo), incorporated on January 5, 2001, is a well-known provider of fresh food. The Firm is engaged in the marketing and distribution of avocados, prepared avocados, and other perishable foods throughout the United States. The Firm also delivers an array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores, and restaurants on a global basis. Calavo procures avocados principally from California, Mexico, and Chile. The Firm sorts, pack, and/or ripens avocados, tomatoes and/or Hawaiian grown papayas. The Firm also produces salsa and prepares ready-to-eat produce and deli products. The Firm distributes its products both domestically and internationally. The Firm operates in three business divisions: Fresh products, Calavo Foods and Renaissance Food Group, LLC (RFG).
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