Dimensional Fund Advisors LP Raises Position in Coffee Holding Co., Inc. (NASDAQ:JVA)

Dimensional Fund Advisors LP lifted its position in shares of Coffee Holding Co., Inc. (NASDAQ:JVA) by 153.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,263 shares of the company’s stock after buying an additional 19,518 shares during the period. Dimensional Fund Advisors LP owned approximately 0.57% of Coffee worth $110,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Renaissance Technologies LLC lifted its position in shares of Coffee by 15.9% during the fourth quarter. Renaissance Technologies LLC now owns 381,964 shares of the company’s stock worth $1,306,000 after purchasing an additional 52,500 shares during the last quarter. Sheaff Brock Investment Advisors LLC acquired a new stake in shares of Coffee in the fourth quarter valued at approximately $120,000. Empowered Funds LLC acquired a new stake in shares of Coffee in the fourth quarter valued at approximately $69,000. Finally, Quinn Opportunity Partners LLC increased its stake in shares of Coffee by 37.1% during the fourth quarter. Quinn Opportunity Partners LLC now owns 55,477 shares of the company’s stock valued at $190,000 after acquiring an additional 15,000 shares during the period.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Coffee from a “buy” rating to a “hold” rating in a research report on Wednesday, March 19th.

Coffee Price Performance

Coffee stock opened at $3.46 on Friday. The firm has a market cap of $19.75 million, a price-to-earnings ratio of 8.87 and a beta of 1.28. Coffee Holding Co., Inc. has a fifty-two week low of $1.23 and a fifty-two week high of $9.93. The firm has a fifty day moving average price of $3.69 and a two-hundred day moving average price of $4.11.

Coffee (NASDAQ:JVA) last posted its earnings results on Friday, March 21st. The company reported $0.20 earnings per share for the quarter. The business had revenue of $21.31 million for the quarter. Coffee had a net margin of 2.82% and a return on equity of 8.97%.

About Coffee

Coffee Holding Co, Inc engages in manufacturing, roasting, packaging, marketing, and distributing roasted and blended coffees in the United States, Australia, Canada, England, and China. It offers wholesale green coffee products, including unroasted raw beans that are sold to large, medium, and small roasters, as well as coffee shop operators; and roasts, blends, packages, and sells coffee under private labels in cans, brick packages, and instants of various sizes.