Limoneira Company underperformed in Q1 2025 due to strategic shift, hedge funds reduced holdings.
From Yahoo Finance: 2025-06-30 08:24:00
Riverwater Partners, an investment management company, released its “Small Cap Strategy” Q1 2025 investor letter. The Small Cap Core Strategy outperformed the Russell 2000 in Q1 2025, focusing on bottom-up fundamental research. Limoneira Company (NASDAQ:LMNR) was highlighted in the letter, with a one-month return of -0.38% and a market capitalization of $286.574 million. The company’s stock value decreased by 22.06% over the last 52 weeks. In Q1 2025, Limoneira Company’s strategic review impacted its performance, but the firm believes the assets are undervalued. Hedge funds reduced their holdings in Limoneira Company, with a total net revenue of $35.1 million in Q2 2025.
Read more at Yahoo Finance: Underperformed in Q1 2025 Amid Strategic Shift to Internal Growth