2 weeks Ago By Defense World Staff
Bank of Montreal Can lifted its position in PriceSmart, Inc. ( NASDAQ:PSMT – Free Report ) by 7.9% during the 4th quarter, according to the company in its most recent filing with the SEC.
The fund owned 3,383 shares of the company’s stock after purchasing an additional 249 shares during the quarter. Bank of Montreal Can’s holdings in PriceSmart were worth $312,000 at the end of the most recent reporting period. A number of other hedge funds have also made changes to their positions in the company.
Heck Capital Advisors LLC bought a new position in shares of PriceSmart in the fourth quarter valued at approximately $53,000. MassMutual Private Wealth & Trust FSB lifted its position in PriceSmart by 3,905.9% during the 4th quarter.
MassMutual Private Wealth & Trust FSB now owns 681 shares of the company’s stock worth $63,000 after buying an additional 664 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in PriceSmart by 393.1% during the 4th quarter.
Smartleaf Asset Management LLC now owns 715 shares of the company’s stock worth $65,000 after buying an additional 570 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in PriceSmart by 17,300.0% during the 4th quarter.
Parkside Financial Bank & Trust now owns 870 shares of the company’s stock valued at $80,000 after purchasing an additional 865 shares during the period. Finally, KBC Group NV grew its position in shares of PriceSmart by 49.0% during the 4th quarter.
KBC Group NV now owns 1,159 shares of the company’s stock worth $107,000 after buying an additional 381 shares during the period. Institutional investors and hedge funds own 80.46% of the company’s stock.
Insider Activity In other news, Director Jeffrey Fisher sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $93.00, for a total transaction of $465,000.
00. Following the completion of the transaction, the director now directly owns 18,611 shares of the company’s stock, valued at $1,730,823. This trade represents a 21.
18 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . Also, COO John D.
Hildebrandt sold 580 shares of the stock in a transaction on Monday, January 27th. The stock was sold at an average price of $92.40, for a total transaction of $53,592.
00. Following the transaction, the chief operating officer now owns 858 shares of the company’s stock, valued at $79,279.20.
The trade was a 40.33 % decrease in their position. The disclosure for this sale can be found here .
Insiders have sold a total of 7,480 shares of company stock worth $699,096 over the last three months. Corporate insiders own 17.10% of the company’s stock.
Analyst Upgrades and Downgrades Read Our Latest Stock Analysis on PSMT PriceSmart Stock Performance Shares of NASDAQ:PSMT opened at $100.26 on Thursday. The company has a market capitalization of $3.
08 billion, a price-to-earnings ratio of 22.08 and a beta of 0.87.
The firm’s 50 day simple moving average is $88.16 and its 200 day simple moving average is $90.18.
The company has a debt-to-equity ratio of 0.08, a current ratio of 1.26 and a quick ratio of 0.
43. PriceSmart, Inc. has a fifty-two week low of $77.
51 and a fifty-two week high of $100.64. PriceSmart ( NASDAQ:PSMT – Get Free Report ) last posted its earnings results on Wednesday, April 9th.
The company reported $1.45 earnings per share for the quarter, missing the consensus estimate of $1.51 by ($0.
06). PriceSmart had a return on equity of 12.29% and a net margin of 2.
76%. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.
34 billion. During the same quarter in the prior year, the firm posted $1.31 earnings per share.
The business’s revenue was up 5.6% on a year-over-year basis. As a group, sell-side analysts forecast that PriceSmart, Inc.
will post 5.28 earnings per share for the current year. PriceSmart Announces Dividend The company also recently declared a dividend, which was paid on Friday, February 28th.
Shareholders of record on Tuesday, February 18th were paid a $0.63 dividend. The ex-dividend date of this dividend was Tuesday, February 18th.
PriceSmart’s dividend payout ratio is 26.92%. PriceSmart Profile ( Free Report ) PriceSmart, Inc owns and operates U.
S.-style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. The company provides basic and private label consumer products under the Member's Selection brand, including groceries, cleaning supplies, health and beauty aids, meat, produce, deli, seafood, and poultry.
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