Stock News

Vonage Holdings Corp. (VG) Reaches $12.42 52-Week High; Legg Mason Asset Management Japan Has Lowered Kellogg Co (K) Position By $546,000

Vonage Holdings Corp. (NYSE:VG) Logo

Legg Mason Asset Management Japan decreased Kellogg Co (K) stake by 23.8% reported in 2018Q1 SEC filing. Legg Mason Asset Management Japan sold 8,400 shares as Kellogg Co (K)’s stock declined 5.40%. The Legg Mason Asset Management Japan holds 26,900 shares with $1.75 million value, down from 35,300 last quarter. Kellogg Co now has $23.14B valuation. The stock decreased 0.54% or $0.36 during the last trading session, reaching $66.7. About 219,519 shares traded. Kellogg Company (NYSE:K) has declined 10.25% since June 18, 2017 and is downtrending. It has underperformed by 22.82% the S&P500. Some Historical K News: ; 03/05/2018 – KELLOGG CO – WEST AFRICA INVESTMENT RESULTING IN STAKE IN A NIGERIAN FOOD MANUFACTURER, CONSOLIDATION OF RESULTS OF LARGEST NIGERIAN FOOD DISTRIBUTOR; 25/04/2018 – Pop-Tarts® Releases Two New Flavor Combinations In 2-in-1 Toaster Pastries; 15/05/2018 – KELLOGG COMMENTS IN EMAILED STATEMENT; 27/04/2018 – Kellogg To Raise Quarterly Dividend By 3.7%, Next Quarter — MarketWatch; 07/03/2018 – Kellogg’s Snack-Bar Startup Sees Peanut Butter as Growth; 03/04/2018 – Kellogg’s® Celebrates Mike Schultz with First-Ever U.S. Paralympian Gold Medal Edition Corn Flakes® Box; 03/05/2018 – Kellogg Expects 3%-4% Growth in Net Sales on Currency-Neutral Basis; 08/03/2018 – CrainsDetroitBus: Kellogg’s snack-bar startup sees peanut butter as growth; 27/04/2018 – KELLOGG CO. DECLARES REGULAR DIV OF $0.54/SHR & REPORTS PLANS; 15/05/2018 – Workers were barred from entering and stood outside Kellogg’s plant in the central city of Maracay seeking information, union sources said

The stock of Vonage Holdings Corp. (NYSE:VG) hit a new 52-week high and has $13.53 target or 9.00% above today’s $12.42 share price. The 5 months bullish chart indicates low risk for the $2.95 billion company. The 1-year high was reported on Jun, 18 by Barchart.com. If the $13.53 price target is reached, the company will be worth $265.32 million more. The stock increased 0.12% or $0.015 during the last trading session, reaching $12.415. About 143,221 shares traded. Vonage Holdings Corp. (NYSE:VG) has risen 58.76% since June 18, 2017 and is uptrending. It has outperformed by 46.19% the S&P500. Some Historical VG News: ; 23/04/2018 – DJ Vonage Holdings Corp, Inst Holders, 1Q 2018 (VG); 08/05/2018 – Vonage’s First Quarter Highlighted by Innovation on Vonage Business Cloud Platform and Strong Business Cloud Growth; 04/04/2018 – VONAGE: SAGI DUDAI WAS SVP OF SOFTWARE ENGINEERING; 16/04/2018 – Vonage Holdings Corp. Announces 2018 Annual Stockholders’ Meeting; 04/04/2018 – Vonage Holdings Names Sagi Dudai Chief Technology Officer; 08/05/2018 – VONAGE HOLDINGS CORP – QTRLY DILUTED SHR $0.10; 12/03/2018 – Vonage Partners With Leading Workflow Automation Providers, iPaaS Providers and Bot Platforms to Bring Real-time Communications; 14/03/2018 – Nexmo, the Vonage API Platform, Releases New Enterprise Plan; 20/03/2018 – Vonage Launches New Comprehensive Channel Program to Accelerate Adoption of Business Cloud Communications in the Mid-Market and Enterprise Segments; 14/03/2018 – VONAGE GETS NEW PATENT IN SUPPORT OF NEXMO API PLATFORM

More notable recent Kellogg Company (NYSE:K) news were published by: 247Wallst.com which released: “Kellogg Issues Recall For Honey Smacks Cereal” on June 15, 2018, also Prnewswire.com with their article: “Kellogg’s Releases Limited-Edition Collector’s Box Featuring Exclusive, Behind-The-Scenes Content Of “Jurassic …” published on June 18, 2018, Seekingalpha.com published: “Should I Prefer Kellogg’s Over Kraft Heinz?” on June 04, 2018. More interesting news about Kellogg Company (NYSE:K) were released by: Seekingalpha.com and their article: “Dividend Stock Analysis: Kellogg Company” published on June 04, 2018 as well as Seekingalpha.com‘s news article titled: “Should You Short Kellogg Stock?” with publication date: May 29, 2018.

Among 27 analysts covering Kellogg Company (NYSE:K), 10 have Buy rating, 3 Sell and 14 Hold. Therefore 37% are positive. Kellogg Company had 79 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Monday, September 4. Buckingham Research maintained the stock with “Buy” rating in Wednesday, November 1 report. The stock of Kellogg Company (NYSE:K) earned “Hold” rating by Piper Jaffray on Tuesday, October 31. The stock of Kellogg Company (NYSE:K) has “Hold” rating given on Monday, April 16 by Credit Suisse. As per Wednesday, August 5, the company rating was upgraded by Citigroup. The stock has “Buy” rating by Argus Research on Wednesday, November 22. S&P Research maintained Kellogg Company (NYSE:K) rating on Wednesday, August 5. S&P Research has “Hold” rating and $69 target. On Wednesday, October 25 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Kellogg Company (NYSE:K) earned “Overweight” rating by JP Morgan on Tuesday, May 1. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, October 13 report.

Since January 24, 2018, it had 1 buy, and 10 sales for $96.18 million activity. Another trade for 250,000 shares valued at $16.41 million was made by KELLOGG W K FOUNDATION TRUST on Tuesday, June 12. BANATI AMIT sold $129,536 worth of stock. 8,080 Kellogg Company (NYSE:K) shares with value of $499,150 were bought by Khan Fareed A.

Analysts await Kellogg Company (NYSE:K) to report earnings on August, 2. They expect $1.05 earnings per share, up 8.25% or $0.08 from last year’s $0.97 per share. K’s profit will be $364.19 million for 15.88 P/E if the $1.05 EPS becomes a reality. After $1.19 actual earnings per share reported by Kellogg Company for the previous quarter, Wall Street now forecasts -11.76% negative EPS growth.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.05, from 0.91 in 2017Q4. It turned negative, as 56 investors sold K shares while 211 reduced holdings. 67 funds opened positions while 163 raised stakes. 304.23 million shares or 1.56% less from 309.07 million shares in 2017Q4 were reported. Quebec – Canada-based Public Sector Pension Inv Board has invested 0.01% in Kellogg Company (NYSE:K). Everett Harris & Ca holds 0.02% or 11,955 shares in its portfolio. First Advisors LP has invested 0.05% of its portfolio in Kellogg Company (NYSE:K). Mackay Shields Limited Liability Company reported 41,866 shares or 0.02% of all its holdings. Us Bancorp De holds 0.03% in Kellogg Company (NYSE:K) or 141,215 shares. Strs Ohio stated it has 0% of its portfolio in Kellogg Company (NYSE:K). Rodgers Brothers reported 1.23% stake. 290,060 were reported by United Svcs Automobile Association. Riverhead Management Ltd Limited Liability Company has 18,894 shares for 0.05% of their portfolio. 4,389 are owned by Wellington Gru Llp. Retirement Systems Of Alabama stated it has 118,920 shares. Ontario – Canada-based Sun Life Fincl has invested 0% in Kellogg Company (NYSE:K). Moreover, Flippin Bruce Porter has 1.21% invested in Kellogg Company (NYSE:K). The New York-based Sg Americas Secs Limited Liability has invested 0.01% in Kellogg Company (NYSE:K). Daiwa Secs Grp owns 13,718 shares.

Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. The company has market cap of $2.95 billion. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Essential services. It currently has negative earnings. The firm also provides home telephone replacement services through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail.

Investors sentiment decreased to 1.3 in Q1 2018. Its down 0.10, from 1.4 in 2017Q4. It worsened, as 23 investors sold Vonage Holdings Corp. shares while 74 reduced holdings. 52 funds opened positions while 74 raised stakes. 187.98 million shares or 0.94% more from 186.23 million shares in 2017Q4 were reported. Vanguard Group holds 0.01% or 23.94M shares in its portfolio. Comerica Financial Bank invested 0.02% in Vonage Holdings Corp. (NYSE:VG). Rothschild Asset Inc holds 0.32% or 2.69M shares in its portfolio. Farmers And Merchants Invests accumulated 362 shares or 0% of the stock. Marshall Wace Llp holds 0.02% or 41,188 shares. Louisiana State Employees Retirement Systems holds 0.04% in Vonage Holdings Corp. (NYSE:VG) or 92,300 shares. Dana Invest Advisors Incorporated has 0.05% invested in Vonage Holdings Corp. (NYSE:VG) for 105,577 shares. Engineers Gate Manager L P holds 0.07% of its portfolio in Vonage Holdings Corp. (NYSE:VG) for 104,209 shares. Arizona State Retirement System accumulated 328,251 shares. Zeke Capital Advsrs Lc stated it has 0.01% of its portfolio in Vonage Holdings Corp. (NYSE:VG). Teacher Retirement Of Texas has invested 0% in Vonage Holdings Corp. (NYSE:VG). Systematic Financial Mngmt Lp accumulated 132,705 shares. Koch Indus invested in 0.01% or 13,216 shares. Nuveen Asset Mgmt Lc accumulated 0.18% or 2.62M shares. Amalgamated Fincl Bank has invested 0.01% in Vonage Holdings Corp. (NYSE:VG).

Another recent and important Vonage Holdings Corp. (NYSE:VG) news was published by Bizjournals.com which published an article titled: “As it seeks city incentives and readies for an IPO, take a closer look at Jacksonville-based SharedLabs” on June 15, 2018.

Since January 10, 2018, it had 0 buys, and 15 insider sales for $36.18 million activity. 514,913 shares were sold by Citron Jeffrey A, worth $5.34M on Wednesday, January 10. 234,629 shares were sold by MASAREK ALAN, worth $2.62M on Monday, May 14. Shares for $26,304 were sold by KAHN VALERIE on Tuesday, June 12. $27,346 worth of Vonage Holdings Corp. (NYSE:VG) was sold by PATEL JAYESH. Another trade for 11,322 shares valued at $121,406 was sold by GILVAR EDWARD M.. On Wednesday, March 14 WYATT KENNETH sold $411,996 worth of Vonage Holdings Corp. (NYSE:VG) or 38,000 shares. $311,529 worth of stock was sold by LALA VINOD on Monday, March 19.

Analysts await Vonage Holdings Corp. (NYSE:VG) to report earnings on August, 2. They expect $0.07 EPS, up 16.67% or $0.01 from last year’s $0.06 per share. VG’s profit will be $16.62M for 44.34 P/E if the $0.07 EPS becomes a reality. After $0.12 actual EPS reported by Vonage Holdings Corp. for the previous quarter, Wall Street now forecasts -41.67% negative EPS growth.

Kellogg Company (NYSE:K) Institutional Positions Chart

Leave a Reply

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