BlackRock Inc. increased its position in shares of Alliance One International, Inc. (NYSE:AOI) by 255.4% in the second quarter, HoldingsChannel.com reports. The firm owned 542,388 shares of the company’s stock after acquiring an additional 389,755 shares during the quarter. BlackRock Inc. owned 0.06% of Alliance One International worth $8,596,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC acquired a new stake in shares of Alliance One International during the first quarter worth about $109,000. Schwab Charles Investment Management Inc. acquired a new stake in shares of Alliance One International during the second quarter worth about $287,000. Spark Investment Management LLC acquired a new stake in shares of Alliance One International during the second quarter worth about $437,000. Bank of New York Mellon Corp lifted its holdings in shares of Alliance One International by 158.5% during the second quarter. Bank of New York Mellon Corp now owns 31,567 shares of the company’s stock worth $500,000 after purchasing an additional 19,354 shares during the period. Finally, Phoenix Investment Adviser LLC acquired a new stake in shares of Alliance One International during the second quarter worth about $527,000. 64.29% of the stock is owned by hedge funds and other institutional investors.
Separately, TheStreet downgraded Alliance One International from a “c” rating to a “d+” rating in a report on Thursday, July 12th.
Alliance One International stock opened at $23.95 on Tuesday. Alliance One International, Inc. has a 52 week low of $10.10 and a 52 week high of $30.70.
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Alliance One International Profile
Alliance One International, Inc purchases, processes, packs, stores, and ships leaf tobacco for the manufacturers of cigarettes and other consumer tobacco products worldwide. It operates through North America and Other Regions segments. The company is involved in processing and selling flue-cured, burley, and oriental tobaccos that are used in international brand cigarettes.
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Want to see what other hedge funds are holding AOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alliance One International, Inc. (NYSE:AOI).
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