Natixis Advisors LLC grew its stake in shares of The Hershey Firm (NYSE:HSY – Free Report) by 23.6% through the third quarter, in line with its most up-to-date 13F submitting with the Securities & Change Fee. The fund owned 92,573 shares of the corporate’s inventory after buying an extra 17,703 shares through the quarter. Natixis Advisors LLC’s holdings in Hershey have been price $17,754,000 on the finish of the latest quarter.
Different institutional traders have additionally not too long ago made adjustments to their positions within the firm. GHP Funding Advisors Inc. boosted its stake in Hershey by 55.0% within the 2nd quarter. GHP Funding Advisors Inc. now owns 155 shares of the corporate’s inventory valued at $28,000 after buying an extra 55 shares through the interval. Burns J W & Co. Inc. NY grew its place in shares of Hershey by 0.8% within the third quarter. Burns J W & Co. Inc. NY now owns 7,355 shares of the corporate’s inventory valued at $1,411,000 after shopping for an extra 58 shares over the last quarter. Wesbanco Financial institution Inc. grew its place in shares of Hershey by 3.7% within the 2nd quarter. Wesbanco Financial institution Inc. now owns 1,673 shares of the corporate’s inventory valued at $308,000 after shopping for an extra 59 shares over the last quarter. Brighton Jones LLC boosted its place in shares of Hershey by 2.3% through the 2nd quarter. Brighton Jones LLC now owns 2,631 shares of the corporate’s inventory valued at $484,000 after buying an extra 59 shares within the final quarter. Lastly, Valley Brook Capital Group Inc. boosted its place in shares of Hershey by 1.5% through the 2nd quarter. Valley Brook Capital Group Inc. now owns 4,067 shares of the corporate’s inventory valued at $748,000 after buying an extra 61 shares within the final quarter. Institutional traders and hedge funds personal 57.96% of the corporate’s inventory.
Analyst Rankings Adjustments
HSY has been the subject of a number of latest analysis stories. Piper Sandler elevated their value goal on Hershey from $165.00 to $168.00 and gave the inventory a “impartial” ranking in a report on Friday, November eighth. Royal Financial institution of Canada lower their value goal on Hershey from $205.00 to $183.00 and set a “sector carry out” ranking on the inventory in a analysis report on Friday, November eighth. Deutsche Financial institution Aktiengesellschaft upped their value goal on Hershey from $191.00 to $199.00 and gave the corporate a “maintain” ranking in a analysis report on Tuesday, September tenth. UBS Group lower Hershey from a “purchase” ranking to a “impartial” ranking and dropped their value goal for the inventory from $226.00 to $209.00 in a report on Monday, October seventh. Lastly, Barclays dropped their value goal on Hershey from $202.00 to $180.00 and set an “equal weight” ranking on the inventory in a report on Monday, November eleventh. 5 funding analysts have rated the inventory with a promote ranking and fourteen have given a maintain ranking to the inventory. Based mostly on information from MarketBeat, Hershey at present has a consensus ranking of “Maintain” and a median goal value of $189.33.
View Our Newest Report on Hershey
Hershey Buying and selling Up 0.1 %
Shares of NYSE HSY opened at $170.21 on Wednesday. The Hershey Firm has a twelve month low of $168.16 and a twelve month excessive of $211.92. The enterprise has a fifty day easy shifting common of $185.99 and a two-hundred day easy shifting common of $191.40. The agency has a market cap of $34.44 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 4.10 and a beta of 0.38. The corporate has a fast ratio of 0.54, a present ratio of 0.85 and a debt-to-equity ratio of 0.76.
Hershey Declares Dividend
The corporate additionally not too long ago declared a quarterly dividend, which will likely be paid on Monday, December sixteenth. Shareholders of file on Monday, November 18th will likely be paid a dividend of $1.37 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $5.48 annualized dividend and a yield of three.22%. Hershey’s payout ratio is presently 63.13%.
About Hershey
The Hershey Firm, along with its subsidiaries, engages within the manufacture and sale of confectionery merchandise and pantry gadgets in america and internationally. The corporate operates via three segments: North America Confectionery, North America Salty Snacks, and Worldwide. It affords chocolate and non-chocolate confectionery merchandise; gum and mint refreshment merchandise, together with mints, chewing gums, and bubble gums; protein bars; pantry gadgets, corresponding to baking elements, toppings, drinks, and sundae syrups; and snack gadgets comprising spreads, bars, snack bites, mixes, popcorn, and pretzels.
Featured Articles
Need to see what different hedge funds are holding HSY? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for The Hershey Firm (NYSE:HSY – Free Report).
Obtain Information & Rankings for Hershey Every day – Enter your electronic mail handle beneath to obtain a concise day by day abstract of the newest information and analysts’ scores for Hershey and associated firms with MarketBeat.com’s FREE day by day electronic mail e-newsletter.
