Cadiz Inc. (NASDAQ:CDZI) Shares Sold by Ingalls & Snyder LLC

Ingalls & Snyder LLC lessened its holdings in Cadiz Inc. (NASDAQ:CDZI) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 103,700 shares of the company’s stock after selling 3,600 shares during the quarter. Ingalls & Snyder LLC owned approximately 0.14% of Cadiz worth $539,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in Cadiz by 3.2% in the third quarter. Geode Capital Management LLC now owns 989,296 shares of the company’s stock valued at $2,998,000 after buying an additional 30,354 shares during the last quarter. HCR Wealth Advisors increased its holdings in Cadiz by 15.8% in the fourth quarter. HCR Wealth Advisors now owns 528,000 shares of the company’s stock valued at $2,746,000 after buying an additional 72,079 shares during the last quarter. Equitec Proprietary Markets LLC increased its holdings in Cadiz by 71.4% in the fourth quarter. Equitec Proprietary Markets LLC now owns 142,574 shares of the company’s stock valued at $741,000 after buying an additional 59,400 shares during the last quarter. SG Americas Securities LLC purchased a new position in Cadiz in the third quarter valued at $45,000. Finally, Barclays PLC increased its holdings in Cadiz by 315.6% in the third quarter. Barclays PLC now owns 60,217 shares of the company’s stock valued at $183,000 after buying an additional 45,728 shares during the last quarter. Hedge funds and other institutional investors own 79.75% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Cadiz to a “sell” rating in a report on Friday, November 15th.

Cadiz Stock Performance

Shares of CDZI stock opened at $5.11 on Friday. The stock’s 50-day moving average is $4.72 and its two-hundred day moving average is $3.78. The firm has a market cap of $384.17 million, a price-to-earnings ratio of -10.02 and a beta of 0.91. Cadiz Inc. has a 1 year low of $2.12 and a 1 year high of $5.68. The company has a debt-to-equity ratio of 3.88, a quick ratio of 0.87 and a current ratio of 1.36.

About Cadiz

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.