Evelyn Partners Investment Management LLP trimmed its holdings in shares of The Magnum Ice Cream Company N.V. (NYSE:MICC – Free Report) by 53.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 182,664 shares of the company’s stock after selling 212,733 shares during the period. Evelyn Partners Investment Management LLP’s holdings in Magnum Ice Cream were worth $2,682,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of MICC. Compagnie Lombard Odier SCmA purchased a new position in shares of Magnum Ice Cream in the fourth quarter worth $3,008,000. Bank Pictet & Cie Europe AG purchased a new stake in shares of Magnum Ice Cream during the fourth quarter valued at $197,000. Banque Pictet & Cie SA bought a new stake in Magnum Ice Cream in the 4th quarter worth about $729,000. Blue Trust Inc. bought a new stake in Magnum Ice Cream in the 4th quarter worth about $135,000. Finally, First Pacific Financial purchased a new position in Magnum Ice Cream in the 4th quarter worth about $42,000.
Magnum Ice Cream Stock Performance
Shares of NYSE MICC opened at $18.05 on Tuesday. The Magnum Ice Cream Company N.V. has a 12-month low of $12.94 and a 12-month high of $19.93. The company has a debt-to-equity ratio of 5.23, a current ratio of 1.02 and a quick ratio of 0.74. The firm’s 50 day simple moving average is $17.44.
Analyst Ratings Changes
Read Our Latest Analysis on Magnum Ice Cream
Magnum Ice Cream Profile
The Magnum Ice Cream Company N.V. engages in ice cream business. The Magnum Ice Cream Company N.V. is based in Amsterdam, Noord-Holland, Netherlands.
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