Dow Chemical Co. DE boosted its position in AgroFresh Solutions Inc (NASDAQ:AGFS) by 2.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,178,238 shares of the basic materials company’s stock after purchasing an additional 467,845 shares during the period. AgroFresh Solutions comprises 31.1% of Dow Chemical Co. DE’s investment portfolio, making the stock its biggest position. Dow Chemical Co. DE owned approximately 0.36% of AgroFresh Solutions worth $127,793,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in AgroFresh Solutions by 37.7% in the 2nd quarter. Vanguard Group Inc. now owns 957,609 shares of the basic materials company’s stock valued at $6,876,000 after purchasing an additional 262,328 shares in the last quarter. State Street Corp increased its stake in AgroFresh Solutions by 30.9% in the 2nd quarter. State Street Corp now owns 358,217 shares of the basic materials company’s stock valued at $2,573,000 after purchasing an additional 84,525 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in AgroFresh Solutions by 49.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 337,674 shares of the basic materials company’s stock valued at $2,374,000 after purchasing an additional 111,568 shares in the last quarter. Northern Trust Corp increased its stake in AgroFresh Solutions by 5.1% in the 2nd quarter. Northern Trust Corp now owns 271,171 shares of the basic materials company’s stock valued at $1,947,000 after purchasing an additional 13,198 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in AgroFresh Solutions by 24.6% in the 3rd quarter. American Century Companies Inc. now owns 230,997 shares of the basic materials company’s stock valued at $1,624,000 after purchasing an additional 45,661 shares in the last quarter. 72.46% of the stock is owned by hedge funds and other institutional investors.

AgroFresh Solutions Inc (NASDAQ AGFS) opened at $7.43 on Friday. The company has a current ratio of 2.51, a quick ratio of 2.28 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $374.00, a price-to-earnings ratio of 743.00 and a beta of 0.86. AgroFresh Solutions Inc has a 1 year low of $2.59 and a 1 year high of $9.05.

AgroFresh Solutions (NASDAQ:AGFS) last released its quarterly earnings results on Wednesday, November 8th. The basic materials company reported $0.19 earnings per share for the quarter. AgroFresh Solutions had a positive return on equity of 0.19% and a negative net margin of 42.54%.

Several research firms recently weighed in on AGFS. BidaskClub raised AgroFresh Solutions from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. ValuEngine raised AgroFresh Solutions from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.

In related news, major shareholder Dowdupont Inc. purchased 29,617 shares of the company’s stock in a transaction on Tuesday, December 26th. The stock was bought at an average price of $7.00 per share, with a total value of $207,319.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired 467,027 shares of company stock valued at $2,939,097 in the last three months. 15.20% of the stock is currently owned by company insiders.

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AgroFresh Solutions Company Profile

AgroFresh Solutions, Inc, formerly Boulevard Acquisition Corp., is a developer of agricultural technologies that preserve the freshness and value of fresh produce, including apples, pears, kiwifruit, avocados and bananas, as well as flowers. The Company’s principal product, The SmartFresh Quality System (SmartFresh), regulates the post-harvest ripening effects of ethylene, the naturally occurring plant hormone that triggers ripening in certain fruits and vegetables, through technology.

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Institutional Ownership by Quarter for AgroFresh Solutions (NASDAQ:AGFS)

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