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.

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