Tejon Ranch Co. (TRC)
NYSE
Fundamentals
Valuation and ratings
Tejon Ranch Co. trades at USD17.62. We do not hold enough of the inputs to run a discounted cash flow on this company, so we publish no fair value for it rather than a number we would not defend.
About Tejon Ranch Co.
Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through six segments: Real Estate - Commercial/Industrial; Multifamily; Real Estate - Resort/Residential; Mineral Resources; Farming; And Ranch Operations. The Real Estate - Commercial/Industrial segment engages in the planning and permitting of land for development; construction of infrastructure and building, pre-leased buildings, and buildings to be leased or sold; sale of land to third parties for their own development; and activities related to communications leases, a power plant lease, and landscape maintenance. This segment also leases land to various auto service stations with convenience stores, fast-food operations, a motel, an antique shop, and a post office; various microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; and package of land for an electric power plant. The Multifamily segment engages in development, leasing, and long-term ownership of residential rental communities. The Real Estate - Resort/Residential segment engages in land entitlement, planning, pre-construction engineering, stewardship, and conservation activities. The Mineral Resources segment includes oil and gas royalties, rock and aggregate royalties, and royalties from a cement operation leased to National Cement Company of California, Inc.; and the management of water assets and infrastructure projects. The Farming segment farms, produces, and sells wine grapes, almonds, pistachios, hay, and olives. The Ranch Operations segment includes grazing lease and game management, and land maintenance activities, as well as ancillary land uses comprising filming; and guided game hunts. Tejon Ranch Co. was founded in 1843 and is based in Lebec, California.
Super investor ownership
8 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Mario Gabelli, GAMCO INVESTORS, INC. ET AL$13.90M · 0.1% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$6.57M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$1.28M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$979.0K · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$914.5K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Which funds own TRC?
8 of the institutions we track reported a position in TRC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
The full research page for TRC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.