Pope Resources (NASDAQ:POPE) major shareholder James H. Dahl bought 2,200 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was purchased at an average price of $92.46 per share, for a total transaction of $203,412.00. Following the purchase, the insider now owns 147,652 shares of the company’s stock, valued at approximately $13,651,903.92. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Shares of POPE traded up $4.70 during mid-day trading on Tuesday, hitting $93.70. 5,473 shares of the company traded hands, compared to its average volume of 2,547. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a 50-day moving average price of $81.38 and a two-hundred day moving average price of $72.56. Pope Resources has a 1 year low of $62.50 and a 1 year high of $98.72. The stock has a market cap of $408.06 million, a price-to-earnings ratio of 68.29 and a beta of 0.34.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $4.00 dividend on an annualized basis and a yield of 4.27%.

A number of brokerages recently weighed in on POPE. TheStreet lowered shares of Pope Resources from a “b” rating to a “c” rating in a report on Friday, November 15th. BidaskClub raised Pope Resources from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 15th.

An institutional investor recently raised its position in Pope Resources stock. Hunter Associates Investment Management LLC grew its holdings in shares of Pope Resources (NASDAQ:POPE) by 21.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,300 shares of the construction company’s stock after purchasing an additional 1,450 shares during the quarter. Hunter Associates Investment Management LLC owned approximately 0.19% of Pope Resources worth $566,000 as of its most recent filing with the Securities & Exchange Commission. 8.70% of the stock is owned by institutional investors and hedge funds.

Pope Resources Company Profile

Pope Resources, A Delaware Limited Partnership manages timber resources in the United States. The company operates in four segments: Partnership Timber, Funds Timber, Timberland Investment Management, and Real Estate. It is involved in growing, managing, harvesting, and marketing timber from the Partnership's 120,000 acres of direct timberland ownership in Washington; and private equity timber funds' 134,000 acres of timberland in Washington, Oregon, and California that co-owned with third-party investors.

Further Reading: Exchange-Traded Funds (ETFs)

Insider Buying and Selling by Quarter for Pope Resources (NASDAQ:POPE)

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