Trending Stock News

Hormel Foods (HRL) Shares Declined While Carret Asset Management Lowered Stake; Orthofix International Nv (OFIX) Valuation Rose While Krensavage Asset Management Has Lowered Holding by $4.55 Million

Krensavage Asset Management Llc decreased its stake in Orthofix International Nv (OFIX) by 16.56% based on its latest 2017Q3 regulatory filing with the SEC. Krensavage Asset Management Llc sold 96,706 shares as the company’s stock rose 11.95% with the market. The institutional investor held 487,101 shares of the medical and dental instruments company at the end of 2017Q3, valued at $23.02 million, down from 583,807 at the end of the previous reported quarter. Krensavage Asset Management Llc who had been investing in Orthofix International Nv for a number of months, seems to be less bullish one the $981.68 million market cap company. The stock decreased 0.66% or $0.36 during the last trading session, reaching $53.9. About 73,214 shares traded. Orthofix International N.V. (NASDAQ:OFIX) has declined 3.00% since January 15, 2017 and is downtrending. It has underperformed by 19.70% the S&P500.

Carret Asset Management Llc decreased its stake in Hormel Foods Corp (HRL) by 12.64% based on its latest 2017Q3 regulatory filing with the SEC. Carret Asset Management Llc sold 10,400 shares as the company’s stock declined 6.52% while stock markets rallied. The institutional investor held 71,874 shares of the meat and poultry and fish company at the end of 2017Q3, valued at $2.31 million, down from 82,274 at the end of the previous reported quarter. Carret Asset Management Llc who had been investing in Hormel Foods Corp for a number of months, seems to be less bullish one the $18.30B market cap company. The stock increased 0.61% or $0.21 during the last trading session, reaching $34.55. About 3.19M shares traded or 20.89% up from the average. Hormel Foods Corporation (NYSE:HRL) has declined 1.53% since January 15, 2017 and is downtrending. It has underperformed by 18.23% the S&P500.

Since August 30, 2017, it had 0 buys, and 8 insider sales for $6.49 million activity. $256,644 worth of Hormel Foods Corporation (NYSE:HRL) was sold by Murano Elsa A on Thursday, January 4. 4,000 shares were sold by PIPPINS DAKOTA A, worth $126,400. On Friday, October 13 MORRISON JOHN L sold $789,445 worth of Hormel Foods Corporation (NYSE:HRL) or 24,814 shares. 100,000 shares valued at $3.17M were sold by Kremin Donald H on Monday, September 11. SHEEHAN JAMES N had sold 35,704 shares worth $1.10M on Wednesday, August 30. 3,114 shares were sold by Myers Kevin L, worth $99,337.

Analysts await Hormel Foods Corporation (NYSE:HRL) to report earnings on February, 22. They expect $0.42 earnings per share, down 4.55% or $0.02 from last year’s $0.44 per share. HRL’s profit will be $222.46 million for 20.57 P/E if the $0.42 EPS becomes a reality. After $0.41 actual earnings per share reported by Hormel Foods Corporation for the previous quarter, Wall Street now forecasts 2.44% EPS growth.

Carret Asset Management Llc, which manages about $1.76B and $619.52M US Long portfolio, upped its stake in Spdr S&P 500 Index (SPY) by 1,362 shares to 12,861 shares, valued at $3.23 million in 2017Q3, according to the filing. It also increased its holding in Alibaba Group Hlding (NYSE:BABA) by 5,220 shares in the quarter, for a total of 12,464 shares, and has risen its stake in D R Horton Inc Com (NYSE:DHI).

Investors sentiment decreased to 0.92 in 2017 Q3. Its down 0.39, from 1.31 in 2017Q2. It turned negative, as 40 investors sold HRL shares while 161 reduced holdings. 47 funds opened positions while 138 raised stakes. 191.01 million shares or 2.16% less from 195.22 million shares in 2017Q2 were reported. Millennium Mgmt Limited has invested 0.01% in Hormel Foods Corporation (NYSE:HRL). Evercore Wealth Management Ltd Liability reported 0% stake. California State Teachers Retirement Sys stated it has 0.03% of its portfolio in Hormel Foods Corporation (NYSE:HRL). Jane Street Grp Ltd Co, a New York-based fund reported 28,356 shares. Wilbanks Smith And Thomas Asset Limited Liability owns 8,256 shares. Tci Wealth Advsr Inc reported 1,600 shares. Sg Americas Secs Ltd Liability has invested 0.01% of its portfolio in Hormel Foods Corporation (NYSE:HRL). Comml Bank Of New York Mellon accumulated 0.01% or 1.68M shares. Tuttle Tactical Mgmt Limited Liability accumulated 17,959 shares or 0.57% of the stock. Tower Research Cap Ltd Limited Liability Company (Trc) has 238 shares for 0% of their portfolio. Bnp Paribas Asset Holdg Sa reported 13,787 shares or 0% of all its holdings. Rhumbline Advisers reported 641,498 shares. Raymond James And Associate holds 0.01% or 121,214 shares. Ontario – Canada-based Intact Inv Mgmt has invested 0.01% in Hormel Foods Corporation (NYSE:HRL). Kayne Anderson Rudnick Mngmt Lc has invested 0.12% in Hormel Foods Corporation (NYSE:HRL).

Among 15 analysts covering Hormel Foods Corporation (NYSE:HRL), 5 have Buy rating, 3 Sell and 7 Hold. Therefore 33% are positive. Hormel Foods Corporation had 49 analyst reports since July 27, 2015 according to SRatingsIntel. Buckingham Research initiated the shares of HRL in report on Monday, October 19 with “Neutral” rating. The rating was maintained by BMO Capital Markets with “Buy” on Friday, March 31. The stock has “Underweight” rating by BB&T Capital on Tuesday, April 5. The company was initiated on Wednesday, September 9 by BB&T Capital. The stock of Hormel Foods Corporation (NYSE:HRL) has “Equal Weight” rating given on Thursday, September 17 by Stephens. The firm earned “Hold” rating on Tuesday, November 21 by Mizuho. Barclays Capital reinitiated the stock with “Overweight” rating in Friday, December 1 report. On Friday, August 25 the stock rating was maintained by BMO Capital Markets with “Outperform”. The rating was maintained by Buckingham Research with “Neutral” on Friday, August 25. BMO Capital Markets maintained Hormel Foods Corporation (NYSE:HRL) on Wednesday, September 27 with “Buy” rating.

Since August 10, 2017, it had 0 insider purchases, and 5 selling transactions for $1.43 million activity. On Thursday, August 10 FUJIKAWA RAYMOND sold $299,502 worth of Orthofix International N.V. (NASDAQ:OFIX) or 6,364 shares. 6,956 shares valued at $343,926 were sold by NIEMANN BRADLEY V. on Monday, September 11. Mason Brad sold $131,457 worth of stock.

Krensavage Asset Management Llc, which manages about $60.40 million and $320.80M US Long portfolio, upped its stake in United Therapeutics Corp (NASDAQ:UTHR) by 73,515 shares to 346,511 shares, valued at $40.61M in 2017Q3, according to the filing.

Analysts await Orthofix International N.V. (NASDAQ:OFIX) to report earnings on February, 26. They expect $0.50 earnings per share, up 19.05% or $0.08 from last year’s $0.42 per share. OFIX’s profit will be $9.11 million for 26.95 P/E if the $0.50 EPS becomes a reality. After $0.42 actual earnings per share reported by Orthofix International N.V. for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

Among 5 analysts covering Orthofix International (NASDAQ:OFIX), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Orthofix International had 9 analyst reports since August 18, 2015 according to SRatingsIntel. On Thursday, June 29 the stock rating was maintained by Jefferies with “Buy”. Jefferies maintained it with “Buy” rating and $55.0 target in Sunday, September 10 report. The rating was maintained by Gabelli with “Buy” on Wednesday, August 9. BTIG Research maintained it with “Buy” rating and $5400 target in Tuesday, August 8 report. The firm earned “Buy” rating on Monday, October 30 by Jefferies.

Investors sentiment increased to 1.16 in Q3 2017. Its up 0.39, from 0.77 in 2017Q2. It improved, as 7 investors sold OFIX shares while 48 reduced holdings. 23 funds opened positions while 41 raised stakes. 16.83 million shares or 1.08% less from 17.02 million shares in 2017Q2 were reported. New York State Teachers Retirement Sys holds 9,456 shares or 0% of its portfolio. Louisiana State Employees Retirement has 0.02% invested in Orthofix International N.V. (NASDAQ:OFIX) for 7,400 shares. Royal National Bank & Trust Of Canada holds 0% or 1,596 shares. Old Mutual Investors (Uk) Limited has invested 0% of its portfolio in Orthofix International N.V. (NASDAQ:OFIX). California State Teachers Retirement owns 27,545 shares for 0% of their portfolio. Morgan Stanley holds 0% or 178,605 shares. 1.38M were accumulated by Camber Capital Limited Company. Arizona State Retirement Sys holds 0.01% of its portfolio in Orthofix International N.V. (NASDAQ:OFIX) for 9,400 shares. Us Bankshares De holds 0% or 21 shares in its portfolio. Wells Fargo And Mn invested 0% of its portfolio in Orthofix International N.V. (NASDAQ:OFIX). Credit Suisse Ag reported 23,753 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 453 shares stake. Moreover, Texas Permanent School Fund has 0.01% invested in Orthofix International N.V. (NASDAQ:OFIX). The Ohio-based Victory Capital Management Inc has invested 0% in Orthofix International N.V. (NASDAQ:OFIX). Citadel Advisors Ltd Liability owns 11,313 shares or 0% of their US portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *