Jane Street Group LLC Has $307,000 Stock Holdings in SunOpta Inc. (NASDAQ:STKL)

Jane Street Group LLC lessened its holdings in SunOpta Inc. (NASDAQ:STKL) (TSE:SOY) by 65.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,855 shares of the company’s stock after selling 76,411 shares during the quarter. Jane Street Group LLC’s holdings in SunOpta were worth $307,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of STKL. Boston Trust Walden Corp acquired a new stake in shares of SunOpta in the 4th quarter valued at $169,000. Hodges Capital Management Inc. boosted its holdings in shares of SunOpta by 1.2% in the 4th quarter. Hodges Capital Management Inc. now owns 3,646,861 shares of the company’s stock valued at $28,081,000 after purchasing an additional 42,232 shares in the last quarter. Tectonic Advisors LLC lifted its stake in shares of SunOpta by 17.8% in the 4th quarter. Tectonic Advisors LLC now owns 313,411 shares of the company’s stock valued at $2,413,000 after acquiring an additional 47,407 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of SunOpta by 64.7% in the 4th quarter. Van ECK Associates Corp now owns 18,070 shares of the company’s stock valued at $139,000 after acquiring an additional 7,097 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of SunOpta by 2.5% in the 4th quarter. Rhumbline Advisers now owns 140,310 shares of the company’s stock valued at $1,080,000 after acquiring an additional 3,402 shares during the last quarter. Institutional investors and hedge funds own 85.39% of the company’s stock.

Insider Buying and Selling

In other news, SVP Bryan P. Clark sold 8,500 shares of SunOpta stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $5.32, for a total value of $45,220.00. Following the completion of the transaction, the senior vice president now directly owns 28,150 shares of the company’s stock, valued at approximately $149,758. This trade represents a 23.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.90% of the stock is owned by corporate insiders.

SunOpta Stock Down 1.0%

Shares of STKL opened at $6.18 on Tuesday. SunOpta Inc. has a 52 week low of $3.65 and a 52 week high of $8.11. The stock has a market capitalization of $726.41 million, a price-to-earnings ratio of -34.33 and a beta of 1.50. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.53 and a current ratio of 1.20. The stock has a fifty day moving average of $4.93 and a 200-day moving average of $6.35.

SunOpta (NASDAQ:STKL) (TSE:SOY) last announced its earnings results on Wednesday, May 7th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The business had revenue of $201.63 million during the quarter, compared to analyst estimates of $195.09 million. SunOpta had a positive return on equity of 7.92% and a negative net margin of 2.74%. As a group, sell-side analysts anticipate that SunOpta Inc. will post 0.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded SunOpta from a “sell” rating to a “hold” rating in a research note on Tuesday, March 11th.

About SunOpta

SunOpta Inc engages in manufacture and sale of plant-based and fruit-based food and beverage products in the United States, Canada, and internationally. The company provides plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands; oat-based creamers under the SOWN brand; ready-to-drink protein shakes; and nut, grain, seed, and legume based beverages; packaged teas and concentrates; and meat and vegetable broths and stocks.