Tejon Ranch (NYSE:TRC) Director Towerview Llc acquired 2,426 shares of Tejon Ranch stock in a transaction on Thursday, June 6th. The shares were bought at an average cost of $16.05 per share, with a total value of $38,937.30. Following the completion of the purchase, the director now owns 3,692,426 shares in the company, valued at $59,263,437.30. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Towerview Llc also recently made the following trade(s):
- On Monday, June 3rd, Towerview Llc purchased 4,900 shares of Tejon Ranch stock. The stock was purchased at an average price of $16.10 per share, for a total transaction of $78,890.00.
- On Friday, May 31st, Towerview Llc purchased 6,508 shares of Tejon Ranch stock. The stock was purchased at an average price of $16.16 per share, for a total transaction of $105,169.28.
- On Wednesday, May 29th, Towerview Llc purchased 1,000 shares of Tejon Ranch stock. The stock was purchased at an average price of $16.20 per share, for a total transaction of $16,200.00.
- On Thursday, May 23rd, Towerview Llc purchased 4,933 shares of Tejon Ranch stock. The stock was purchased at an average price of $16.20 per share, for a total transaction of $79,914.60.
Shares of TRC traded up $0.92 on Monday, reaching $17.51. The stock had a trading volume of 106,800 shares, compared to its average volume of 58,434. The stock has a market cap of $430.51 million, a price-to-earnings ratio of 165.90 and a beta of 0.95. The company has a debt-to-equity ratio of 0.14, a current ratio of 5.46 and a quick ratio of 5.13. The company’s 50-day moving average is $16.61. Tejon Ranch has a twelve month low of $16.04 and a twelve month high of $24.57.
Tejon Ranch Company Profile
Tejon Ranch Co operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development segment engages in the entitling, planning, and permitting of land for development; construction of infrastructure; construction of pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.
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