Prime Capital Funding Advisors LLC trimmed its stake in shares of The Hershey Firm (NYSE:HSY – Free Report) by 13.5% within the third quarter, in response to its most up-to-date Kind 13F submitting with the Securities and Trade Fee (SEC). The fund owned 2,303 shares of the corporate’s inventory after promoting 358 shares throughout the quarter. Prime Capital Funding Advisors LLC’s holdings in Hershey have been value $442,000 as of its most up-to-date submitting with the Securities and Trade Fee (SEC).
Quite a lot of different hedge funds and different institutional buyers additionally just lately made adjustments to their positions within the inventory. Ashton Thomas Securities LLC acquired a brand new stake in Hershey throughout the third quarter valued at roughly $25,000. Capital Advisors Ltd. LLC raised its stake in Hershey by 218.2% throughout the second quarter. Capital Advisors Ltd. LLC now owns 140 shares of the corporate’s inventory value $26,000 after shopping for a further 96 shares over the last quarter. GHP Funding Advisors Inc. lifted its holdings in Hershey by 55.0% within the second quarter. GHP Funding Advisors Inc. now owns 155 shares of the corporate’s inventory valued at $28,000 after shopping for a further 55 shares throughout the interval. OFI Make investments Asset Administration purchased a brand new stake in Hershey throughout the second quarter valued at $29,000. Lastly, Crewe Advisors LLC purchased a brand new stake in Hershey throughout the first quarter valued at $35,000. 57.96% of the inventory is owned by institutional buyers and hedge funds.
Wall Avenue Analysts Forecast Development
Quite a lot of analysis analysts have just lately issued experiences on the corporate. Barclays dropped their value goal on Hershey from $202.00 to $180.00 and set an “equal weight” score on the inventory in a analysis word on Monday, November eleventh. Sanford C. Bernstein lowered Hershey from an “outperform” score to a “market carry out” score and dropped their value goal for the corporate from $230.00 to $205.00 in a analysis word on Monday, October seventh. Stifel Nicolaus reduce their value goal on Hershey from $195.00 to $180.00 and set a “maintain” score on the inventory in a report on Friday, October twenty fifth. Deutsche Financial institution Aktiengesellschaft lifted their value goal on shares of Hershey from $191.00 to $199.00 and gave the corporate a “maintain” score in a analysis word on Tuesday, September tenth. Lastly, Jefferies Monetary Group reduce their goal value on shares of Hershey from $163.00 to $161.00 and set an “underperform” score on the inventory in a analysis word on Thursday, October thirty first. 5 funding analysts have rated the inventory with a promote score and fourteen have assigned a maintain score to the inventory. Based mostly on knowledge from MarketBeat, the corporate presently has a consensus score of “Maintain” and a median value goal of $189.33.
Examine Out Our Newest Evaluation on Hershey
Hershey Worth Efficiency
Shares of NYSE HSY opened at $170.92 on Friday. The corporate has a debt-to-equity ratio of 0.76, a fast ratio of 0.54 and a present ratio of 0.85. The agency’s 50-day easy transferring common is $187.31 and its 200 day easy transferring common is $191.81. The inventory has a market cap of $34.58 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 4.42 and a beta of 0.38. The Hershey Firm has a fifty-two week low of $170.58 and a fifty-two week excessive of $211.92.
Hershey Dividend Announcement
The enterprise additionally just lately introduced a quarterly dividend, which will likely be paid on Monday, December sixteenth. Traders of document on Monday, November 18th will likely be given a dividend of $1.37 per share. The ex-dividend date is Monday, November 18th. This represents a $5.48 annualized dividend and a dividend yield of three.21%. Hershey’s payout ratio is 63.13%.
Hershey Firm Profile
The Hershey Firm, along with its subsidiaries, engages within the manufacture and sale of confectionery merchandise and pantry objects in the USA and internationally. The corporate operates by three segments: North America Confectionery, North America Salty Snacks, and Worldwide. It presents chocolate and non-chocolate confectionery merchandise; gum and mint refreshment merchandise, together with mints, chewing gums, and bubble gums; protein bars; pantry objects, akin to baking elements, toppings, drinks, and sundae syrups; and snack objects comprising spreads, bars, snack bites, mixes, popcorn, and pretzels.
See Additionally
Need to see what different hedge funds are holding HSY? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for The Hershey Firm (NYSE:HSY – Free Report).
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