Oppenheimer & Co. Inc. Has $4.46 Million Holdings in Maui Land & Pineapple Company, Inc. (NYSE:MLP)

Oppenheimer & Co. Inc. lowered its stake in shares of Maui Land & Pineapple Company, Inc. (NYSE:MLP) by 2.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 198,565 shares of the financial services provider’s stock after selling 5,900 shares during the period. Oppenheimer & Co. Inc.’s holdings in Maui Land & Pineapple were worth $4,458,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MLP. BNP Paribas Financial Markets boosted its position in shares of Maui Land & Pineapple by 154.4% during the first quarter. BNP Paribas Financial Markets now owns 6,245 shares of the financial services provider’s stock valued at $135,000 after buying an additional 3,790 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Maui Land & Pineapple by 3.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 20,032 shares of the financial services provider’s stock worth $442,000 after acquiring an additional 660 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of Maui Land & Pineapple by 1.0% in the 2nd quarter. Renaissance Technologies LLC now owns 107,449 shares of the financial services provider’s stock worth $2,369,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Herr Investment Group LLC raised its holdings in shares of Maui Land & Pineapple by 47.8% in the first quarter. Herr Investment Group LLC now owns 419,602 shares of the financial services provider’s stock valued at $9,089,000 after purchasing an additional 135,791 shares during the last quarter. 24.55% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Maui Land & Pineapple from a “hold” rating to a “sell” rating in a research report on Tuesday, August 13th.

Maui Land & Pineapple Trading Down 1.7 %

Shares of Maui Land & Pineapple stock opened at $22.71 on Friday. Maui Land & Pineapple Company, Inc. has a 12 month low of $13.76 and a 12 month high of $26.46. The business’s fifty day simple moving average is $23.13 and its 200 day simple moving average is $22.32.

Maui Land & Pineapple (NYSE:MLP) last announced its quarterly earnings data on Monday, August 19th. The financial services provider reported ($0.09) earnings per share for the quarter. The firm had revenue of $2.65 million for the quarter. Maui Land & Pineapple had a negative net margin of 34.12% and a negative return on equity of 11.32%.

Maui Land & Pineapple Company Profile

Maui Land & Pineapple Company, Inc, together with its subsidiaries, engages in the planning, managing, developing, and selling residential, resort, commercial, agricultural, and industrial real estate properties in the United States. It operates through Land Development & Sales, Leasing, and Resort Amenities segments.