Alliance One International, Inc. (AOI) Position Raised by 22Nw LP
22Nw LP boosted its position in Alliance One International, Inc. (NYSE:AOI) by 32.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 269,228 shares of the company’s stock after purchasing an additional 65,631 shares during the period. Alliance One International comprises approximately 1.7% of 22Nw LP’s holdings, making the stock its 13th largest position. 22Nw LP owned about 2.99% of Alliance One International worth $2,935,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in AOI. Citigroup Inc. increased its stake in shares of Alliance One International by 25.8% during the 2nd quarter. Citigroup Inc. now owns 10,063 shares of the company’s stock worth $145,000 after purchasing an additional 2,066 shares in the last quarter. LMR Partners LLP acquired a new stake in Alliance One International during the second quarter worth approximately $309,000. Trexquant Investment LP boosted its position in Alliance One International by 22.7% during the second quarter. Trexquant Investment LP now owns 25,101 shares of the company’s stock worth $361,000 after acquiring an additional 4,652 shares during the last quarter. Legal & General Group Plc boosted its position in Alliance One International by 728.5% during the second quarter. Legal & General Group Plc now owns 25,409 shares of the company’s stock worth $366,000 after acquiring an additional 22,342 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its position in Alliance One International by 222.7% during the second quarter. Susquehanna International Group LLP now owns 37,089 shares of the company’s stock worth $534,000 after acquiring an additional 25,594 shares during the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.
Separately, Scotiabank restated a “hold” rating and set a $2.75 target price on shares of Alliance One International in a research report on Tuesday, October 10th.
Shares of Alliance One International, Inc. (NYSE:AOI) opened at $14.00 on Wednesday. Alliance One International, Inc. has a 1 year low of $9.85 and a 1 year high of $19.50. The company has a quick ratio of 0.74, a current ratio of 2.03 and a debt-to-equity ratio of 5.04.
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About Alliance One International
Alliance One International, Inc is engaged in purchasing, processing, storing and selling leaf tobacco. It purchases tobacco primarily in the United States, Africa, Europe, South America and Asia for sale to customers primarily in the United States, Europe and Asia. Its segments include North America and Other regions.
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