Cannell & Spears LLC Purchases 1,000 Shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP)

Cannell & Spears LLC boosted its position in Maui Land & Pineapple Company, Inc. (NYSE:MLP) by 3.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 26,455 shares of the financial services provider’s stock after acquiring an additional 1,000 shares during the period. Cannell & Spears LLC owned 0.13% of Maui Land & Pineapple worth $581,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in shares of Maui Land & Pineapple by 18.8% in the third quarter. BNP Paribas Financial Markets now owns 3,765 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 595 shares during the period. JPMorgan Chase & Co. raised its holdings in Maui Land & Pineapple by 61.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,551 shares of the financial services provider’s stock valued at $125,000 after acquiring an additional 2,122 shares during the period. Barclays PLC lifted its position in shares of Maui Land & Pineapple by 296.9% during the third quarter. Barclays PLC now owns 10,815 shares of the financial services provider’s stock worth $243,000 after acquiring an additional 8,090 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Maui Land & Pineapple by 11.0% in the fourth quarter. Bank of New York Mellon Corp now owns 16,145 shares of the financial services provider’s stock worth $355,000 after acquiring an additional 1,603 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Maui Land & Pineapple in the fourth quarter valued at $1,648,000. 24.55% of the stock is owned by hedge funds and other institutional investors.

Maui Land & Pineapple Stock Performance

Shares of MLP opened at $17.56 on Wednesday. Maui Land & Pineapple Company, Inc. has a 52-week low of $17.02 and a 52-week high of $26.46. The stock’s 50-day simple moving average is $19.34 and its 200 day simple moving average is $21.36. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.86 and a current ratio of 2.86. The stock has a market capitalization of $344.72 million, a price-to-earnings ratio of -76.34 and a beta of 0.54.

Maui Land & Pineapple (NYSE:MLP) last released its quarterly earnings data on Monday, March 31st. The financial services provider reported ($0.11) EPS for the quarter. The firm had revenue of $3.41 million during the quarter. Maui Land & Pineapple had a negative net margin of 40.09% and a negative return on equity of 14.23%.

Maui Land & Pineapple Company Profile

Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.