Intech Investment Management LLC Makes New Investment in Cadiz Inc. (NASDAQ:CDZI)

Intech Investment Management LLC purchased a new stake in Cadiz Inc. (NASDAQ:CDZI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,775 shares of the company’s stock, valued at approximately $103,000.

A number of other institutional investors also recently modified their holdings of CDZI. American Assets Capital Advisers LLC grew its holdings in shares of Cadiz by 5.6% during the fourth quarter. American Assets Capital Advisers LLC now owns 2,384,208 shares of the company’s stock worth $12,398,000 after buying an additional 126,000 shares in the last quarter. B. Riley Financial Inc. boosted its position in Cadiz by 125.8% during the 3rd quarter. B. Riley Financial Inc. now owns 187,418 shares of the company’s stock worth $568,000 after acquiring an additional 104,400 shares during the last quarter. HCR Wealth Advisors grew its stake in shares of Cadiz by 15.8% during the 4th quarter. HCR Wealth Advisors now owns 528,000 shares of the company’s stock worth $2,746,000 after acquiring an additional 72,079 shares in the last quarter. Equitec Proprietary Markets LLC raised its holdings in shares of 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 purchasing an additional 59,400 shares during the last quarter. Finally, Barclays PLC lifted its position in shares of Cadiz by 315.6% in the third quarter. Barclays PLC now owns 60,217 shares of the company’s stock worth $183,000 after purchasing an additional 45,728 shares in the last quarter. 79.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Cadiz to a “sell” rating in a research report on Wednesday, March 5th.

Cadiz Price Performance

Shares of NASDAQ CDZI opened at $3.21 on Friday. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.36 and a quick ratio of 0.87. The business has a 50-day moving average of $4.36 and a 200-day moving average of $3.94. The stock has a market capitalization of $243.84 million, a price-to-earnings ratio of -6.29 and a beta of 0.96. Cadiz Inc. has a fifty-two week low of $2.12 and a fifty-two week high of $5.68.

Cadiz Profile

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.