Swiss National Bank Has $878,000 Stake in Tejon Ranch (NYSE:TRC)

Swiss National Bank raised its position in Tejon Ranch (NYSE:TRC) by 13.4% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 37,980 shares of the real estate development and agribusiness company’s stock after acquiring an additional 4,500 shares during the period. Swiss National Bank owned about 0.15% of Tejon Ranch worth $878,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. American International Group Inc. raised its stake in Tejon Ranch by 24.7% in the 4th quarter. American International Group Inc. now owns 12,428 shares of the real estate development and agribusiness company’s stock valued at $258,000 after acquiring an additional 2,458 shares during the period. TIAA CREF Investment Management LLC grew its holdings in Tejon Ranch by 6.3% in the 4th quarter. TIAA CREF Investment Management LLC now owns 44,931 shares of the real estate development and agribusiness company’s stock valued at $933,000 after buying an additional 2,644 shares in the last quarter. State Board of Administration of Florida Retirement System grew its holdings in Tejon Ranch by 19.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 20,154 shares of the real estate development and agribusiness company’s stock valued at $466,000 after buying an additional 3,340 shares in the last quarter. California State Teachers Retirement System grew its holdings in Tejon Ranch by 21.7% in the 4th quarter. California State Teachers Retirement System now owns 29,083 shares of the real estate development and agribusiness company’s stock valued at $604,000 after buying an additional 5,188 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY acquired a new position in Tejon Ranch in the 4th quarter valued at $126,000. Hedge funds and other institutional investors own 74.96% of the company’s stock.

NYSE TRC traded down $0.52 on Monday, reaching $24.43. The stock had a trading volume of 2,004 shares, compared to its average volume of 125,436. The company has a debt-to-equity ratio of 0.15, a current ratio of 7.76 and a quick ratio of 7.40. Tejon Ranch has a 1-year low of $18.59 and a 1-year high of $26.25. The firm has a market cap of $647.45 million, a price-to-earnings ratio of 356.43 and a beta of 1.35.

Tejon Ranch (NYSE:TRC) last issued its quarterly earnings data on Monday, May 7th. The real estate development and agribusiness company reported $0.06 EPS for the quarter. The firm had revenue of $13.47 million for the quarter. Tejon Ranch had a return on equity of 0.47% and a net margin of 4.15%.

Tejon Ranch Company Profile

Tejon Ranch Co operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the entitling, planning, and permitting of land for development; construction of infrastructure; construction of pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.

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

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