Bailard Inc. Makes New $207,000 Investment in Whole Earth Brands, Inc. (NASDAQ:FREE)

Bailard Inc. purchased a new stake in Whole Earth Brands, Inc. (NASDAQ:FREE) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 60,700 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Trust Company N.A purchased a new position in shares of Whole Earth Brands during the 4th quarter worth $165,000. Hudson Bay Capital Management LP lifted its position in Whole Earth Brands by 23.2% in the third quarter. Hudson Bay Capital Management LP now owns 615,925 shares of the company’s stock valued at $2,217,000 after buying an additional 115,925 shares during the last quarter. Citigroup Inc. boosted its stake in Whole Earth Brands by 1,853.5% during the third quarter. Citigroup Inc. now owns 12,776 shares of the company’s stock worth $46,000 after buying an additional 12,122 shares during the period. Meteora Capital LLC increased its position in shares of Whole Earth Brands by 263.6% during the third quarter. Meteora Capital LLC now owns 179,595 shares of the company’s stock valued at $647,000 after acquiring an additional 130,207 shares during the last quarter. Finally, Brandywine Global Investment Management LLC raised its stake in shares of Whole Earth Brands by 2.1% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 799,340 shares of the company’s stock valued at $2,878,000 after acquiring an additional 16,600 shares during the period. Institutional investors and hedge funds own 82.12% of the company’s stock.

Whole Earth Brands Stock Performance

Shares of FREE opened at $4.82 on Tuesday. The company has a quick ratio of 1.12, a current ratio of 3.24 and a debt-to-equity ratio of 1.66. Whole Earth Brands, Inc. has a 52-week low of $2.24 and a 52-week high of $4.85. The company has a 50-day simple moving average of $4.80 and a 200-day simple moving average of $3.99. The company has a market capitalization of $206.59 million, a PE ratio of -5.36 and a beta of 0.58.

Whole Earth Brands (NASDAQ:FREE) last posted its earnings results on Tuesday, March 12th. The company reported ($0.17) earnings per share for the quarter. The firm had revenue of $151.16 million during the quarter. Whole Earth Brands had a negative net margin of 6.92% and a negative return on equity of 15.00%.

Wall Street Analysts Forecast Growth

Separately, Imperial Capital restated a “neutral” rating on shares of Whole Earth Brands in a research note on Wednesday, February 14th.

Whole Earth Brands Company Profile

Whole Earth Brands, Inc operates as a food company worldwide. The company operates through Branded CPG and Flavors & Ingredients segments. The Branded CPG segment focuses on building a branded portfolio serving consumers seeking zero-calorie, low-calorie, organic, non-GMO, no-sugar added, and plant-based, and Fair Trade spaces in zero/low calorie sweeteners, honey, agave, baking mix, and baking chocolate products.