Cadiz Inc. (NASDAQ:CDZI) Holdings Increased by Equitec Proprietary Markets LLC

Equitec Proprietary Markets LLC grew its holdings in Cadiz Inc. (NASDAQ:CDZI) by 71.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,574 shares of the company’s stock after purchasing an additional 59,400 shares during the period. Cadiz comprises approximately 0.7% of Equitec Proprietary Markets LLC’s holdings, making the stock its 3rd largest holding. Equitec Proprietary Markets LLC owned approximately 0.19% of Cadiz worth $741,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CDZI. BNP Paribas Financial Markets grew its position in shares of Cadiz by 27.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 20,386 shares of the company’s stock worth $62,000 after buying an additional 4,329 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Cadiz by 31.6% during the 4th quarter. SG Americas Securities LLC now owns 19,717 shares of the company’s stock worth $103,000 after buying an additional 4,737 shares in the last quarter. Joel Isaacson & Co. LLC grew its position in shares of Cadiz by 70.8% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 20,500 shares of the company’s stock worth $62,000 after buying an additional 8,500 shares in the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Cadiz during the 3rd quarter worth $58,000. Finally, Geode Capital Management LLC grew its position in shares of Cadiz by 3.2% during the 3rd quarter. Geode Capital Management LLC now owns 989,296 shares of the company’s stock worth $2,998,000 after buying an additional 30,354 shares in the last quarter. Hedge funds and other institutional investors own 79.75% of the company’s stock.

Cadiz Stock Performance

CDZI opened at $4.95 on Monday. Cadiz Inc. has a 12-month low of $2.12 and a 12-month high of $5.68. The business’s fifty day simple moving average is $4.65 and its 200-day simple moving average is $3.74. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.36 and a quick ratio of 0.87.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Cadiz to a “sell” rating in a research report on Friday, November 15th.

About Cadiz

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.