Dimensional Fund Advisors LP Purchases 40,989 Shares of Tejon Ranch Co. (NYSE:TRC)

Dimensional Fund Advisors LP boosted its position in Tejon Ranch Co. (NYSE:TRCFree Report) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,636,448 shares of the real estate development and agribusiness company’s stock after acquiring an additional 40,989 shares during the quarter. Dimensional Fund Advisors LP owned 6.12% of Tejon Ranch worth $28,148,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Tejon Ranch by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,141,947 shares of the real estate development and agribusiness company’s stock valued at $18,522,000 after acquiring an additional 17,865 shares during the last quarter. Swiss National Bank boosted its position in Tejon Ranch by 2.6% in the third quarter. Swiss National Bank now owns 46,980 shares of the real estate development and agribusiness company’s stock valued at $762,000 after buying an additional 1,200 shares in the last quarter. Blue Trust Inc. acquired a new stake in Tejon Ranch in the fourth quarter valued at approximately $52,000. Oppenheimer & Close LLC boosted its position in Tejon Ranch by 47.8% in the third quarter. Oppenheimer & Close LLC now owns 118,981 shares of the real estate development and agribusiness company’s stock valued at $1,930,000 after buying an additional 38,458 shares in the last quarter. Finally, CWM LLC boosted its position in Tejon Ranch by 125.9% in the fourth quarter. CWM LLC now owns 1,579 shares of the real estate development and agribusiness company’s stock valued at $27,000 after buying an additional 880 shares in the last quarter. 60.63% of the stock is owned by institutional investors.

Tejon Ranch Trading Up 1.4 %

TRC opened at $18.23 on Monday. Tejon Ranch Co. has a 1-year low of $14.80 and a 1-year high of $18.98. The company has a current ratio of 4.86, a quick ratio of 4.48 and a debt-to-equity ratio of 0.10. The company has a market cap of $488.56 million, a P/E ratio of 607.87 and a beta of 0.60. The company has a fifty day moving average price of $16.42 and a two-hundred day moving average price of $16.42.

Tejon Ranch (NYSE:TRCGet Free Report) last posted its earnings results on Tuesday, May 7th. The real estate development and agribusiness company reported ($0.03) EPS for the quarter. The business had revenue of $7.41 million for the quarter. Tejon Ranch had a return on equity of 0.12% and a net margin of 1.45%. Analysts predict that Tejon Ranch Co. will post 0.04 EPS for the current fiscal year.

About Tejon Ranch

(Free Report)

Tejon Ranch Co, together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.

Further Reading

Institutional Ownership by Quarter for Tejon Ranch (NYSE:TRC)

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