at nearly 270,000 acres, the historic tejon ranch is the largest contiguous expanse of private land in california. its 422 square miles make it about as large as the city of los angeles and about 40% the size of rhode island. the property is located along interstate 5, approximately 60 miles north of los angeles and 30 miles south of bakersfield. tejon ranch was founded in 1843 as a mexican land grant. in the decades that followed, the ranch grew in size as additional land grants were purchased by tejon’s founder, general edward fitzgerald beale, a historic figure in early california. today, the 270,000-acre ranch is the principal asset of tejon ranch company, which was incorporated in 1936. the company’s stock is traded on the new york stock exchange under the symbol trc.
Company profile
Ticker
TRC
Exchange
Website
CEO
Gregory Bielli
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
A. Registrant: Tejon Ranch Co. ...
IRS number
770196136
TRC stock data
Latest filings (excl ownership)
PX14A6G
Letter to shareholders
18 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
Tejon Ranch Co. Secures Significant New Unsecured Revolving Credit Facility
20 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Departure of Directors or Certain Officers
22 Jun 23
S-8
Registration of securities for employees
30 May 23
Latest ownership filings
4
Robert D Velasquez
13 Mar 24
4
Brett A Brown
13 Mar 24
4
Michael R.W. Houston
13 Mar 24
4
Hugh F. IV McMahon
13 Mar 24
4
ALLEN E LYDA
13 Mar 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G/A
BlackRock Inc.
31 Jan 24
4
NORMAN J METCALFE
16 Jan 24
4
Rhea Frawn Morgan
16 Jan 24
4
GEOFFREY L STACK
16 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Institutional ownership, Q3 2023
60.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 101 |
Opened positions | 9 |
Closed positions | 4 |
Increased positions | 36 |
Reduced positions | 30 |
13F shares | Current |
---|---|
Total value | 262.56 bn |
Total shares | 16.29 mm |
Total puts | 6.80 k |
Total calls | 2.30 k |
Total put/call ratio | 3.0 |
Largest owners | Shares | Value |
---|---|---|
Towerview | 3.85 mm | $62.37 bn |
Dimensional Fund Advisors | 1.60 mm | $25.88 bn |
BLK Blackrock | 1.47 mm | $23.92 bn |
Horizon Kinetics Asset Management | 1.15 mm | $18.59 bn |
Vanguard | 1.14 mm | $18.52 bn |
Gamco Investors | 645.13 k | $10.46 bn |
FMR | 529.41 k | $8.59 bn |
STT State Street | 481.22 k | $7.81 bn |
Foundation Resource Management | 470.89 k | $7.64 bn |
Royce & Associates | 468.81 k | $7.60 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Velasquez Robert D | Tejon Ranch Co. Common Stock | Payment of exercise | Dispose F | No | No | 16.62 | 3,369 | 55.99 k | 39,299 |
13 Mar 24 | Velasquez Robert D | Tejon Ranch Co. Common Stock | Grant | Acquire A | No | No | 16.62 | 4,901 | 81.45 k | 42,668 |
13 Mar 24 | Brown Brett A | Tejon Ranch Co. Common Stock | Grant | Acquire A | No | No | 16.62 | 2,179 | 36.21 k | 2,179 |
13 Mar 24 | Houston Michael R.W. | Tejon Ranch Co. Common Stock | Payment of exercise | Dispose F | No | No | 16.62 | 354 | 5.88 k | 746 |
13 Mar 24 | Houston Michael R.W. | Tejon Ranch Co. Common Stock | Grant | Acquire A | No | No | 16.62 | 1,100 | 18.28 k | 1,100 |
13 Mar 24 | McMahon Hugh F. IV | Tejon Ranch Co. Common Stock | Sale back to company | Dispose D | No | No | 16.62 | 3,911 | 65.00 k | 71,504 |
13 Mar 24 | McMahon Hugh F. IV | Tejon Ranch Co. Common Stock | Grant | Acquire A | No | No | 16.62 | 7,373 | 122.54 k | 75,415 |
13 Mar 24 | Lyda Allen E | Tejon Ranch Co. Common Stock | Payment of exercise | Dispose F | No | No | 16.62 | 3,518 | 58.47 k | 202,162 |
13 Mar 24 | Lyda Allen E | Tejon Ranch Co. Common Stock | Grant | Acquire A | No | No | 16.62 | 6,472 | 107.56 k | 205,680 |
Press releases
Tejon Ranch President and CEO Announces Retirement Date
20 Mar 24
Veteran Real Estate Professional to Head Tejon Ranch's First Residential Multi-Family Community, Terra Vista at Tejon
21 Feb 24
Nestlé Joins Growing List of National and Multinational Companies Operating at the Tejon Ranch Commerce Center
23 Jan 24