NFC Investments LLC Has $25.99 Million Holdings in Westrock Coffee (NASDAQ:WEST)

NFC Investments LLC increased its holdings in shares of Westrock Coffee (NASDAQ:WEST) by 0.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,047,562 shares of the company’s stock after buying an additional 3,355 shares during the period. Westrock Coffee accounts for about 7.2% of NFC Investments LLC’s investment portfolio, making the stock its 3rd biggest holding. NFC Investments LLC owned approximately 4.30% of Westrock Coffee worth $25,985,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Stephens Inc. AR raised its stake in shares of Westrock Coffee by 54.8% during the fourth quarter. Stephens Inc. AR now owns 236,364 shares of the company’s stock worth $1,517,000 after buying an additional 83,647 shares during the last quarter. Barclays PLC raised its stake in shares of Westrock Coffee by 363.9% during the third quarter. Barclays PLC now owns 57,357 shares of the company’s stock worth $373,000 after buying an additional 44,993 shares during the last quarter. State Street Corp raised its stake in shares of Westrock Coffee by 2.0% during the third quarter. State Street Corp now owns 649,553 shares of the company’s stock worth $4,222,000 after buying an additional 12,937 shares during the last quarter. Principal Street Partners LLC raised its stake in shares of Westrock Coffee by 100.0% during the third quarter. Principal Street Partners LLC now owns 391,680 shares of the company’s stock worth $2,546,000 after buying an additional 195,800 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Westrock Coffee by 5.7% during the third quarter. Geode Capital Management LLC now owns 806,325 shares of the company’s stock worth $5,242,000 after buying an additional 43,731 shares during the last quarter. 45.08% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on WEST shares. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $9.00 target price on shares of Westrock Coffee in a research note on Wednesday, March 12th. Benchmark reaffirmed a “buy” rating and issued a $10.00 target price on shares of Westrock Coffee in a research note on Friday.

Westrock Coffee Stock Up 24.9 %

Westrock Coffee stock opened at $6.88 on Monday. The stock has a market capitalization of $648.01 million, a PE ratio of -8.00 and a beta of 0.59. Westrock Coffee has a twelve month low of $5.28 and a twelve month high of $10.99. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 3.41. The company has a 50 day moving average of $6.46 and a 200-day moving average of $6.81.

Westrock Coffee Company Profile

Westrock Coffee Company, LLC operates as an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the United States and internationally. It operates through two segments, Beverage Solutions, and Sustainable Sourcing & Traceability (SS&T). The Beverage Solutions segment provides various packaging, including branded and private label coffee in bags, fractional packs, and single serve cups, as well as extract solutions for applications in cold brew and ready-to-drink offerings.