--- title: "CenterBook Partners LP Sells 85,192 Shares of Tejon Ranch Co $TRC" description: "CenterBook Partners LP has reduced its stake in Tejon Ranch Co (NYSE:TRC) by 77.6%, selling 85,192 shares during Q3, leaving it with 24,558 shares valued at $392,000. Other institutional investors hav" type: "news" locale: "en" url: "https://longbridge.com/en/news/276531037.md" published_at: "2026-02-22T08:53:17.000Z" --- # CenterBook Partners LP Sells 85,192 Shares of Tejon Ranch Co $TRC > CenterBook Partners LP has reduced its stake in Tejon Ranch Co (NYSE:TRC) by 77.6%, selling 85,192 shares during Q3, leaving it with 24,558 shares valued at $392,000. Other institutional investors have also adjusted their holdings, with BNP Paribas increasing its stake by 59.8%. Tejon Ranch has a consensus rating of "Hold" from analysts, with shares trading at $17.24, up 1.9%. The company, a major landowner in California, operates in agriculture and real estate development, managing approximately 270,000 acres. CenterBook Partners LP lowered its stake in shares of Tejon Ranch Co (NYSE:TRC - Free Report) by 77.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,558 shares of the real estate development and agribusiness company's stock after selling 85,192 shares during the quarter. CenterBook Partners LP owned about 0.09% of Tejon Ranch worth $392,000 at the end of the most recent reporting period. Other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets grew its holdings in shares of Tejon Ranch by 59.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,200 shares of the real estate development and agribusiness company's stock worth $37,000 after purchasing an additional 823 shares in the last quarter. Strs Ohio acquired a new stake in Tejon Ranch during the first quarter worth about $65,000. Raymond James Financial Inc. bought a new position in Tejon Ranch in the 2nd quarter valued at about $122,000. Bank of America Corp DE raised its position in shares of Tejon Ranch by 13.0% in the 2nd quarter. Bank of America Corp DE now owns 18,425 shares of the real estate development and agribusiness company's stock valued at $312,000 after buying an additional 2,116 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Tejon Ranch by 96.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,572 shares of the real estate development and agribusiness company's stock worth $313,000 after acquiring an additional 9,627 shares during the period. 60.63% of the stock is currently owned by institutional investors. ## Wall Street Analyst Weigh In TRC has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Tejon Ranch from a "sell" rating to a "hold" rating in a research note on Sunday, November 16th. Weiss Ratings upgraded Tejon Ranch from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, January 12th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Tejon Ranch has a consensus rating of "Hold". **View Our Latest Research Report on Tejon Ranch** ## Tejon Ranch Trading Up 1.9% Shares of TRC stock opened at $17.24 on Friday. Tejon Ranch Co has a twelve month low of $14.90 and a twelve month high of $19.39. The stock's fifty day simple moving average is $16.26 and its 200 day simple moving average is $16.34. The company has a quick ratio of 2.06, a current ratio of 2.66 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $463.45 million, a P/E ratio of 143.63 and a beta of 0.67. ## Tejon Ranch Profile (Free Report) Tejon Ranch Corporation NYSE: TRC is one of California's largest private landowners, with a diversified portfolio spanning agriculture, real estate development and natural resource operations. Headquartered in Lebec, California, the company's holdings encompass approximately 270,000 acres in Kern and Los Angeles counties. Established in 1937 on the historic Rancho Tejon land grant, Tejon Ranch has leveraged its strategic location along Interstate 5 to build a multifaceted enterprise serving both local and regional markets. In agriculture, Tejon Ranch grows a variety of row crops and permanent plantings, including almonds, pistachios, table grapes and citrus. ## Featured Stories - Five stocks we like better than Tejon Ranch - ~$1.5T SpaceX IPO: Pre-IPO Opportunity - Gold $5,000: The 2026 Gold & Silver Summit is LIVE March 4 - How a Family Trust May Be Able To Help Preserve Your Wealth - This makes me furious - Elon Musk: This Could Turn $100 into $100,000 *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Tejon Ranch Right Now? Before you consider Tejon Ranch, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tejon Ranch wasn't on the list. While Tejon Ranch currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [TRC.US - Tejon Ranch](https://longbridge.com/en/quote/TRC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Tejon Ranch (TRC) Expected to Announce Quarterly Earnings on Thursday | Tejon Ranch (NYSE:TRC) is set to announce its Q3 2025 earnings on November 6, with expectations of $0.01 EPS and $9.53 m | [Link](https://longbridge.com/en/news/263447818.md) | | WSP Global Closes $977.5 Million Equity Offering to Fund TRC Companies Acquisition | WSP Global Inc. has completed a $977.5 million equity offering to fund the acquisition of TRC Companies. The acquisition | [Link](https://longbridge.com/en/news/270502551.md) | | Tejon Ranch Hosts Investor Engagement Event at NYSE | Tejon Ranch Company held an Investor Engagement Event at the NYSE on November 14, 2025, to discuss its strategic vision | [Link](https://longbridge.com/en/news/265946386.md) | | Real estate developer Tejon Ranch swings to Q3 profit, cuts 20% jobs | Tejon Ranch reported a Q3 profit of $1.7 million, reversing last year's loss, with a 34% revenue increase driven by stro | [Link](https://longbridge.com/en/news/264627914.md) | | Tejon Ranch Co. Announces Third Quarter 2025 Financial Results | TEJON RANCH, Calif., Nov. 06, 2025 ( GLOBE NEWSWIRE ) -- Tejon Ranch Co., or the Company, ( NYSE:TRC ) , a diversified r | [Link](https://longbridge.com/en/news/264632428.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.