Tejon Ranch Co (TRC) Holdings Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in Tejon Ranch Co (NYSE:TRC) by 7.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 788,060 shares of the real estate development and agribusiness company’s stock after acquiring an additional 55,276 shares during the period. Dimensional Fund Advisors LP owned approximately 3.78% of Tejon Ranch worth $16,266,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Royce & Associates LP boosted its holdings in shares of Tejon Ranch by 9.2% in the second quarter. Royce & Associates LP now owns 1,585,761 shares of the real estate development and agribusiness company’s stock valued at $32,730,000 after acquiring an additional 133,000 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of Tejon Ranch by 6.8% in the second quarter. Gamco Investors INC. ET AL now owns 476,334 shares of the real estate development and agribusiness company’s stock valued at $9,832,000 after acquiring an additional 30,128 shares in the last quarter. Moloney Securities Asset Management LLC boosted its holdings in shares of Tejon Ranch by 299.5% in the second quarter. Moloney Securities Asset Management LLC now owns 43,950 shares of the real estate development and agribusiness company’s stock valued at $907,000 after acquiring an additional 32,950 shares in the last quarter. Lee Danner & Bass Inc. boosted its holdings in shares of Tejon Ranch by 16.7% in the second quarter. Lee Danner & Bass Inc. now owns 14,000 shares of the real estate development and agribusiness company’s stock valued at $289,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Reik & CO. LLC boosted its holdings in shares of Tejon Ranch by 3.4% in the second quarter. Reik & CO. LLC now owns 147,976 shares of the real estate development and agribusiness company’s stock valued at $3,055,000 after acquiring an additional 4,928 shares in the last quarter. Institutional investors and hedge funds own 59.33% of the company’s stock.

Separately, BidaskClub cut shares of Tejon Ranch from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th.

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Tejon Ranch Co (TRC) opened at $20.86 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.94 and a debt-to-equity ratio of 0.20. Tejon Ranch Co has a 1-year low of $18.59 and a 1-year high of $27.99.

In related news, insider Allen E. Lyda acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was acquired at an average cost of $18.00 per share, for a total transaction of $90,000.00. Following the completion of the acquisition, the insider now directly owns 104,977 shares of the company’s stock, valued at approximately $1,889,586. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Dennis Atkinson sold 3,000 shares of the stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $19.83, for a total transaction of $59,490.00. Following the completion of the transaction, the insider now owns 46,266 shares of the company’s stock, valued at $917,454.78. The disclosure for this sale can be found here. Insiders bought 1,113,601 shares of company stock valued at $20,044,818 over the last quarter. Insiders own 29.40% of the company’s stock.

Tejon Ranch Company Profile

Tejon Ranch Co is a diversified real estate development and agribusiness company. The Company operates through five segments: Real Estate-Commercial/Industrial; Real Estate-Resort/Residential; Mineral Resources; Farming Operations, and Ranch Operations. Its Real Estate-Commercial/Industrial segment is engaged in building, land lease activities, and land and building sales.

Institutional Ownership by Quarter for Tejon Ranch (NYSE:TRC)

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