Cohen's SAC Capital Boosts Stake in Fresh Del Monte (FDP) to 5.1%.
More News related to FDP
- Matrix USA Rating Changes 9/30
- Notable Analyst Rating Changes 8/8: DCP, Q, ISIS, FSYS Upgraded; BAC, ABK, VOD, KNOT, ANAD Downgraded
- SunTrust Robinson Humphrey Initiates Fresh Del Monte Produce (FDP) with a Buy
- Fresh Del Monte (FDP) Tops Q2 EPS by 1c
- Fresh Del Monte Produce Announces Second Quarter 2008 Financial Results
In a 13G filing on Fresh Del Monte Produce Inc. (NYSE: FDP), Steven Cohen's SAC Capital disclosed a 5.1% stake (3,234,646 shares) in the company. This is up from the 310,300 share stake disclosed at the quarter ended March 31, 2008.
A 13G indicates a 'passive investment.'
Fresh Del Monte Produce, Inc., through its subsidiaries, engages in the production, transportation, sourcing, distribution, and marketing of fresh and fresh-cut fruit and vegetables worldwide.
SAC is a multi-strategy, $14 billion hedge fund founded by Steven A. Cohen in 1992.
You can also track all SAC Capital related news at StreetInsider.com here. StreetInsider.com Premium members can get e-mail alerts when there is new SAC Capital news (Free Trial).
Related Categories
13GsStocks Mentioned
+2.55Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
