Northern Trust Corp Increases Holdings in Cadiz Inc (CDZI)

Northern Trust Corp boosted its holdings in shares of Cadiz Inc (NASDAQ:CDZI) by 4.3% in the second quarter, Holdings Channel reports. The fund owned 281,876 shares of the company’s stock after buying an additional 11,558 shares during the quarter. Northern Trust Corp’s holdings in Cadiz were worth $3,692,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantitative Systematic Strategies LLC acquired a new position in Cadiz during the second quarter worth about $295,000. Janney Montgomery Scott LLC raised its position in Cadiz by 14.3% during the second quarter. Janney Montgomery Scott LLC now owns 41,351 shares of the company’s stock worth $542,000 after acquiring an additional 5,170 shares during the last quarter. Millennium Management LLC raised its position in Cadiz by 14.6% during the first quarter. Millennium Management LLC now owns 104,954 shares of the company’s stock worth $1,417,000 after acquiring an additional 13,350 shares during the last quarter. Marshall Wace LLP raised its position in Cadiz by 90.6% during the second quarter. Marshall Wace LLP now owns 116,033 shares of the company’s stock worth $1,520,000 after acquiring an additional 55,149 shares during the last quarter. Finally, Wafra Inc. acquired a new position in Cadiz during the second quarter worth about $1,821,000. Institutional investors own 46.98% of the company’s stock.

CDZI has been the subject of a number of recent research reports. BidaskClub downgraded shares of Cadiz from a “hold” rating to a “sell” rating in a report on Friday, August 10th. ValuEngine upgraded shares of Cadiz from a “hold” rating to a “buy” rating in a report on Friday, October 19th.

Shares of NASDAQ CDZI opened at $11.07 on Friday. Cadiz Inc has a 12 month low of $8.85 and a 12 month high of $14.75.

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Cadiz Profile

Cadiz Inc operates as a land and water resource development company in the United States. It engages in the water resource, and land and agricultural development activities in San Bernardino County properties. The company owns approximately 34,500 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County.

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Institutional Ownership by Quarter for Cadiz (NASDAQ:CDZI)

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