<div id="readability-page-1" class="page"><p><span>Fresh Del Monte Produce (NYSE:FDP - Get Free Report)</span> was downgraded by equities research analysts at Wall Street Zen from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note issued to investors on Saturday.</p><ul><li>Small-Caps, Big Buybacks: 3 Stocks With Large Buyback Capacity</li></ul><p>Separately, Weiss Ratings  reissued a &#34;buy (b)&#34; rating on shares of Fresh Del Monte Produce in a research note on Wednesday, October 8th. One research analyst  has rated the stock with a Buy rating,  According to data from MarketBeat, the company currently has a consensus rating of &#34;Buy&#34;.</p><p><b>Check Out Our Latest Report on FDP</b></p><h2>Fresh Del Monte Produce Stock Performance</h2><ul><li>Dole is a Tasty Low Hanging Treat for Value Hunters </li></ul><p>Fresh Del Monte Produce stock opened at $35.29 on Friday. Fresh Del Monte Produce has a 1-year low of $26.50 and a 1-year high of $40.75. The firm has a market cap of $1.69 billion, a P/E ratio of 21.65 and a beta of 0.41. The firm has a 50-day moving average of $35.00 and a 200-day moving average of $34.42. The company has a current ratio of 2.09, a quick ratio of 1.11 and a debt-to-equity ratio of 0.09. </p><p>Fresh Del Monte Produce (NYSE:FDP - Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.19. Fresh Del Monte Produce had a net margin of 1.84% and a return on equity of 6.63%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the firm earned $0.77 earnings per share. Fresh Del Monte Produce's revenue was up .2% on a year-over-year basis. </p><h2>Insider Buying and Selling at Fresh Del Monte Produce</h2><p>In other Fresh Del Monte Produce news, CEO Ghazaleh Mohammad Abu sold 50,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $35.92, for a total transaction of $1,796,000.00. Following the completion of the transaction, the chief executive officer owned 4,990,782 shares of the company's stock, valued at approximately $179,268,889.44. This trade represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this link. Also, SVP Effie D. Silva sold 1,315 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $37.54, for a total transaction of $49,365.10. Following the transaction, the senior vice president directly owned 7,377 shares of the company's stock, valued at $276,932.58. This represents a 15.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 137,039 shares of company stock worth $5,010,709 over the last three months. Company insiders own  31.60% of the company's stock. </p><h2>Institutional Investors Weigh In On Fresh Del Monte Produce</h2><p>Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC bought a new stake in shares of  Fresh Del Monte Produce during the third quarter valued at approximately $226,000.  Sylvest Advisors LLC increased its position in shares of  Fresh Del Monte Produce by 9.3% during the third quarter. Sylvest Advisors LLC now owns 25,072 shares of the company's stock valued at $870,000 after acquiring an additional 2,133 shares in the last quarter.  UniSuper Management Pty Ltd increased its position in shares of  Fresh Del Monte Produce by 33.3% during the third quarter. UniSuper Management Pty Ltd now owns 123,632 shares of the company's stock valued at $4,293,000 after acquiring an additional 30,912 shares in the last quarter.  Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in  Fresh Del Monte Produce by 8.2% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 45,501 shares of the company's stock worth $1,580,000 after purchasing an additional 3,455 shares during the last quarter.  Finally, Deroy &amp; Devereaux Private Investment Counsel Inc. purchased a new stake in  Fresh Del Monte Produce in the third quarter worth approximately $2,263,000. Institutional investors own  64.83% of the company's stock. </p><h2>About Fresh Del Monte Produce</h2> (Get Free Report)<p>Fresh Del Monte Produce Inc, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services.</p><h2>Read More</h2><ul><li>Five stocks we like better than Fresh Del Monte Produce</li><li>What Are Dividend Challengers?</li><li>Amazon Earnings: 3 Catalysts That Could Drive Shares to $300</li><li>Growth Stocks: What They Are, Examples and How to Invest</li><li>Why Chipotle Stock May Bounce After a Brutal Sell-Off</li><li>How to Calculate Stock Profit </li><li>Why VGT May Be a Smarter Bet Than Chasing Individual Tech Stocks</li></ul><p><em>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.</em></p><h2>Should You Invest $1,000 in Fresh Del Monte Produce Right Now?</h2><p>Before you consider Fresh Del Monte Produce, you'll want to hear this.</p><p>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 Fresh Del Monte Produce wasn't on the list.</p><p>While Fresh Del Monte Produce currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Wall Street Zen downgraded Fresh Del Monte Produce (NYSE:FDP) from a "buy" to a "hold" rating in a recent report. Despite this, Weiss Ratings maintained a "buy (b)" rating. The stock opened at $35.29, with a 1-year range of $26.50 to $40.75. The company reported $0.69 EPS for the last quarter, exceeding estimates. Insider trading included significant sales by CEO Ghazaleh Mohammad Abu. Institutional investors hold 64.83% of the stock, with recent changes in positions noted.</p>

Fresh Del Monte Produce (NYSE:FDP) Lowered to Hold Rating by Wall Street Zen