Maui Land & Pineapple Company, Inc. (NYSE:MLP – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $16.48 and traded as low as $15.83. Maui Land & Pineapple shares last traded at $15.9450, with a volume of 10,688 shares traded.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised shares of Maui Land & Pineapple from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 31st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Maui Land & Pineapple presently has a consensus rating of “Sell”.
View Our Latest Stock Report on MLP
Maui Land & Pineapple Price Performance
Maui Land & Pineapple (NYSE:MLP – Get Free Report) last announced its earnings results on Friday, August 14th. The financial services provider reported ($0.08) earnings per share for the quarter. Maui Land & Pineapple had a negative return on equity of 14.25% and a negative net margin of 28.65%.The business had revenue of $3.70 million for the quarter.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in Maui Land & Pineapple in the second quarter valued at approximately $9,994,000. Valueworks LLC purchased a new position in shares of Maui Land & Pineapple during the second quarter worth about $22,007,000. Bank of New York Mellon Corp purchased a new stake in shares of Maui Land & Pineapple in the 2nd quarter valued at about $250,000. Deutsche Bank AG acquired a new stake in shares of Maui Land & Pineapple in the 2nd quarter valued at about $85,000. Finally, GSA Capital Partners LLP acquired a new position in Maui Land & Pineapple during the second quarter worth approximately $345,000. 24.55% of the stock is owned by institutional investors and hedge funds.
Maui Land & Pineapple Company Profile
Maui Land & Pineapple Company, Inc is a Hawaii-based real estate operating company focused on the ownership, management, development and stewardship of land and property on the island of Maui. Its activities include residential, commercial, resort and agricultural real estate, as well as land conservation and long-term property management.
The company’s holdings are concentrated primarily in West Maui, including the Kapalua area, and include residential and commercial properties, undeveloped land, conservation areas and agricultural acreage.
Featured Stories
- Five stocks we like better than Maui Land & Pineapple
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
Receive News & Ratings for Maui Land & Pineapple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maui Land & Pineapple and related companies with MarketBeat.com's FREE daily email newsletter.
