Zurcher Kantonalbank Cuts Stake in Westrock Coffee by 42%

Zurcher Kantonalbank Cuts Stake in Westrock Coffee by 42%

Zurcher Kantonalbank Zurich Cantonalbank significantly reduced its investment in Westrock Coffee, selling 42% of its shares during the 4th quarter, as reported in its latest 13F filing with the SEC. The bank now holds 5,890 shares valued at approximately $60,000. This move is part of a broader trend among institutional investors adjusting their holdings in Westrock Coffee. Other significant changes include Cerity Partners LLC and Arvest Trust Co. N A acquiring new stakes, while DAVENPORT & Co LLC and Horrell Capital Management Inc. increased their shares. Analysts remain optimistic about Westrock Coffee's prospects, with new price targets set by Telsey Advisory Group and Benchmark.

Read the full article here.