Maui Land & Pineapple Company, Inc. $MLP Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. lowered its stake in shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP) by 53.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,483 shares of the financial services provider’s stock after selling 11,812 shares during the period. Goldman Sachs Group Inc. owned 0.05% of Maui Land & Pineapple worth $184,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MLP. Strs Ohio purchased a new position in Maui Land & Pineapple during the first quarter worth about $26,000. Deutsche Bank AG lifted its position in Maui Land & Pineapple by 233.2% during the first quarter. Deutsche Bank AG now owns 6,868 shares of the financial services provider’s stock worth $121,000 after buying an additional 4,807 shares during the period. Bank of America Corp DE lifted its position in Maui Land & Pineapple by 27.3% during the fourth quarter. Bank of America Corp DE now owns 10,181 shares of the financial services provider’s stock worth $224,000 after buying an additional 2,182 shares during the period. Nuveen LLC purchased a new position in Maui Land & Pineapple during the first quarter worth about $181,000. Finally, NBC Securities Inc. lifted its position in Maui Land & Pineapple by 127,223.5% during the first quarter. NBC Securities Inc. now owns 43,290 shares of the financial services provider’s stock worth $760,000 after buying an additional 43,256 shares during the period. Institutional investors and hedge funds own 24.55% of the company’s stock.

Maui Land & Pineapple Price Performance

NYSE MLP opened at $19.00 on Tuesday. Maui Land & Pineapple Company, Inc. has a twelve month low of $14.05 and a twelve month high of $25.78. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a market capitalization of $375.12 million, a PE ratio of -26.76 and a beta of 0.78. The stock has a 50-day simple moving average of $17.54 and a 200 day simple moving average of $16.96.

Maui Land & Pineapple (NYSE:MLP) last posted its quarterly earnings data on Thursday, August 14th. The financial services provider reported ($0.05) earnings per share for the quarter. Maui Land & Pineapple had a negative return on equity of 45.87% and a negative net margin of 81.82%.The business had revenue of $4.60 million for the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Maui Land & Pineapple from a “sell” rating to a “hold” rating in a research report on Sunday, September 7th.

Insider Buying and Selling at Maui Land & Pineapple

In other Maui Land & Pineapple news, Director Stephen M. Case acquired 2,500 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was acquired at an average price of $16.91 per share, with a total value of $42,275.00. Following the transaction, the director owned 11,937,978 shares of the company’s stock, valued at approximately $201,871,207.98. This trade represents a 0.02% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders bought 12,500 shares of company stock worth $209,313. 65.88% of the stock is currently owned by insiders.

Maui Land & Pineapple Company Profile

Maui Land & Pineapple Co, Inc is a landholding and operating company, which engages in the development, sale, and management of real estate. It operates through the following segments: Real Estate, Leasing, and Resort Amenities. The Real Estate segment includes land planning and entitlement, development, and sales activities.