Bank of New York Mellon Corp Grows Stock Position in Maui Land & Pineapple Company, Inc. (NYSE:MLP)

Bank of New York Mellon Corp raised its position in Maui Land & Pineapple Company, Inc. (NYSE:MLP) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,145 shares of the financial services provider’s stock after acquiring an additional 1,603 shares during the quarter. Bank of New York Mellon Corp’s holdings in Maui Land & Pineapple were worth $355,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MLP. Geode Capital Management LLC boosted its holdings in Maui Land & Pineapple by 0.8% in the third quarter. Geode Capital Management LLC now owns 167,830 shares of the financial services provider’s stock worth $3,768,000 after purchasing an additional 1,333 shares during the period. State Street Corp lifted its position in shares of Maui Land & Pineapple by 4.5% in the 3rd quarter. State Street Corp now owns 107,366 shares of the financial services provider’s stock worth $2,410,000 after buying an additional 4,654 shares during the last quarter. Barclays PLC boosted its holdings in shares of Maui Land & Pineapple by 296.9% in the 3rd quarter. Barclays PLC now owns 10,815 shares of the financial services provider’s stock valued at $243,000 after buying an additional 8,090 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Maui Land & Pineapple by 61.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,551 shares of the financial services provider’s stock valued at $125,000 after buying an additional 2,122 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of Maui Land & Pineapple by 18.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,765 shares of the financial services provider’s stock valued at $85,000 after buying an additional 595 shares during the last quarter. Hedge funds and other institutional investors own 24.55% of the company’s stock.

Maui Land & Pineapple Stock Performance

Shares of NYSE MLP opened at $17.97 on Friday. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 0.09. The firm’s 50-day moving average price is $19.43 and its two-hundred day moving average price is $21.50. Maui Land & Pineapple Company, Inc. has a 52-week low of $17.02 and a 52-week high of $26.46. The stock has a market capitalization of $352.79 million, a P/E ratio of -78.13 and a beta of 0.54.

Maui Land & Pineapple 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.