Allspring Global Investments Holdings LLC Has $1.11 Million Position in Whole Earth Brands, Inc. (NASDAQ:FREE)

Allspring Global Investments Holdings LLC lessened its holdings in Whole Earth Brands, Inc. (NASDAQ:FREEGet Rating) by 1.8% in the 3rd quarter, Holdings Channel reports. The firm owned 290,074 shares of the company’s stock after selling 5,312 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Whole Earth Brands were worth $1,113,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Ancora Advisors LLC bought a new position in shares of Whole Earth Brands during the 1st quarter worth about $6,643,000. Engine Capital Management LP bought a new stake in Whole Earth Brands in the first quarter valued at about $3,506,000. Dimensional Fund Advisors LP increased its stake in Whole Earth Brands by 176.2% in the first quarter. Dimensional Fund Advisors LP now owns 311,010 shares of the company’s stock valued at $2,227,000 after acquiring an additional 198,392 shares during the period. Loomis Sayles & Co. L P increased its stake in Whole Earth Brands by 12.2% in the first quarter. Loomis Sayles & Co. L P now owns 1,110,344 shares of the company’s stock valued at $7,950,000 after acquiring an additional 120,627 shares during the period. Finally, Renaissance Technologies LLC increased its stake in Whole Earth Brands by 100.2% in the first quarter. Renaissance Technologies LLC now owns 225,179 shares of the company’s stock valued at $1,612,000 after acquiring an additional 112,679 shares during the period. Institutional investors and hedge funds own 64.80% of the company’s stock.

Whole Earth Brands Trading Up 0.7 %

Shares of NASDAQ FREE opened at $4.50 on Friday. Whole Earth Brands, Inc. has a fifty-two week low of $3.00 and a fifty-two week high of $10.05. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.68 and a quick ratio of 1.14. The firm has a market capitalization of $188.92 million, a P/E ratio of 150.05 and a beta of 0.50. The company’s 50 day simple moving average is $3.96 and its 200 day simple moving average is $4.49.

Whole Earth Brands (NASDAQ:FREEGet Rating) last issued its earnings results on Wednesday, November 9th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.07). Whole Earth Brands had a net margin of 0.21% and a return on equity of 3.17%. The firm had revenue of $135.28 million during the quarter, compared to the consensus estimate of $132.44 million. On average, analysts predict that Whole Earth Brands, Inc. will post 0.04 EPS for the current year.

Analysts Set New Price Targets

FREE has been the topic of a number of recent analyst reports. Cowen reduced their price target on shares of Whole Earth Brands from $14.00 to $11.00 in a research report on Monday, November 21st. Canaccord Genuity Group reduced their target price on shares of Whole Earth Brands from $10.00 to $8.00 and set a “buy” rating on the stock in a research report on Thursday, November 10th. Finally, Cowen reduced their target price on shares of Whole Earth Brands from $14.00 to $11.00 in a research report on Monday, November 21st.

Whole Earth Brands Profile

(Get Rating)

Act II Global Acquisition Corp. is a blank check company. It intends to focus on the business of following sector: consumer packaged goods, consumables and hospitality including restaurants. The company was founded on August 16, 2018 and is headquartered in New York, NY.

Featured Stories

Want to see what other hedge funds are holding FREE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Whole Earth Brands, Inc. (NASDAQ:FREEGet Rating).

Institutional Ownership by Quarter for Whole Earth Brands (NASDAQ:FREE)

Receive News & Ratings for Whole Earth Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whole Earth Brands and related companies with MarketBeat.com's FREE daily email newsletter.