24,000 Shares in Cadiz Inc. (NASDAQ:CDZI) Purchased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC acquired a new position in Cadiz Inc. (NASDAQ:CDZIGet Rating) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 24,000 shares of the company’s stock, valued at approximately $59,000.

Other large investors have also modified their holdings of the company. BlackRock Inc. grew its position in Cadiz by 2.2% in the 1st quarter. BlackRock Inc. now owns 1,627,205 shares of the company’s stock valued at $3,370,000 after buying an additional 35,464 shares in the last quarter. B. Riley Asset Management LLC bought a new position in Cadiz in the 1st quarter valued at about $2,115,000. B. Riley Financial Inc. bought a new position in shares of Cadiz during the 1st quarter valued at about $1,645,000. State Street Corp boosted its position in shares of Cadiz by 19.0% during the 1st quarter. State Street Corp now owns 510,302 shares of the company’s stock valued at $1,056,000 after purchasing an additional 81,328 shares in the last quarter. Finally, Elkhorn Partners Limited Partnership boosted its position in shares of Cadiz by 14.4% during the 1st quarter. Elkhorn Partners Limited Partnership now owns 453,000 shares of the company’s stock valued at $938,000 after purchasing an additional 57,000 shares in the last quarter. Institutional investors and hedge funds own 55.70% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Cadiz from a “hold” rating to a “sell” rating in a research report on Thursday, September 8th.

Cadiz Trading Down 1.0 %

NASDAQ:CDZI opened at $3.12 on Monday. Cadiz Inc. has a twelve month low of $1.66 and a twelve month high of $9.01. The company has a debt-to-equity ratio of 1.21, a quick ratio of 4.35 and a current ratio of 4.35. The company has a 50-day moving average of $3.66 and a 200-day moving average of $2.64.

Cadiz Company Profile

(Get Rating)

Cadiz Inc, together with its subsidiaries, operates as a natural resources development company in the United States. It engages in the water resource and agricultural development activities in San Bernardino County properties. The company owns approximately 35,000 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County.

Recommended Stories

Want to see what other hedge funds are holding CDZI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cadiz Inc. (NASDAQ:CDZIGet Rating).

Institutional Ownership by Quarter for Cadiz (NASDAQ:CDZI)

Receive News & Ratings for Cadiz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadiz and related companies with MarketBeat.com's FREE daily email newsletter.