Reportedly the holding that First Trust Advisors has in Blue Buffalo Pet Products Inc. (NASDAQ:BUFF) has been increased again. The total increase that First Trust has in the company is equivalent to approximately 0.4% of the company.
Originally, prior to the final increase, First Trust Advisors had a total of 103,225 shares of Blue Buffalo Pet Products. However, in the same interim period, the company decided to purchase a further 405 shares.
Other Investors who are swiping at shares in Blue Buffalo Pet Products
First Trust Advisors is not the only corporation that has made a move to strengthen their positions in Blue Buffalo Pet Products. Other corporations that have made moves to improve their positions includes the likes of Metropolitan Life Insurance Metlife Inc (NYSE:MET) who purchased further 2,205 shares in the company, increasing their total hold to $105,000.
DekaBank Deutsche Girozentrale is another corporate flag that decided to change its position. The company did this by purchasing $118,000 worth of shares. Another corporate entity is Blackrock Japan, who increased their position by 382.9% to a total value of 5,447 shares or $127,000.
Legal & General Group was not excluded from investments into Blue Buffalo Products, this company increased their stakes by approximately 2.1%. This company now owns a total value of $132,000 in company stock or 5,655 shares.
A few more corporate flags also raised their shares, all in the attempts to stay relevant in Blue Buffalo Pet Products stock trading.
Financial statistics for Blue Buffalo Pet Products
Despite the company receiving numerous investments into their stock, the stock closed on Tuesday at a red line of $24.48. in total, the trading volume regarding the company stocks is currently residing at 603,024 shares.
Through market evaluation, it was illustrated that the total market Blue Buffalo Pet Products currently retains is equivalent to $4.81 billion. The 12-month low for this company is $15.19, and the 12-month high is $27.50.
However, despite the red lining stock, the company reported its fiscal quarter to an average increase of $0.22 per share, which is $0.02 higher than what the company anticipated receiving during this financial quarter.