Economy

Time to Reconsider B&G Foods Incorporated (NYSE:BGS) After More Short Sellers?

Therefore 11% are positive. Equities analysts anticipate that B&G Foods will post $2.17 earnings per share for the current year.

There has been some buying and selling insider activity on B&G Foods, Inc.

04/07/2016 - B&G Foods, Inc. was downgraded to " by analysts at William Blair. (NYSE:BGS) earned "Neutral" rating by DA Davidson on Friday, May 13. On April 29 the company was upgraded to "Buy" from "Neutral" in a statement from DA Davidson. The stock grabbed 27 new institutional investments totaling 1,240,752 shares while 34 institutional investors sold out their entire positions totaling 974,117 shares. Piper Jaffray maintained the shares of BGS in report on Thursday, September 3 with "Neutral" rating. As per Tuesday, August 9, the company rating was downgraded by DA Davidson. The rating was downgraded by Zacks on Friday, August 21 to "Hold". See B&G Foods, Inc.

Qcm Cayman Ltd increased Netflix Inc (Put) (NFLX) stake by 168.85% reported in 2016Q4 SEC filing. Tyers Asset Management LLC now owns 2,688 shares of the company's stock worth $108,000 after buying an additional 96 shares during the period. BGS's SI was 9.36 million shares in June as released by FINRA. About 19,066 shares traded. (NYSE:BGS) has declined 7.13% since June 19, 2016 and is downtrending. It has underperformed by 6.08% the S&P500. The average analysts gave this company a mean recommendation of 2.40. The firm has "Buy" rating given on Friday, April 21 by RBC Capital Markets. (NYSE:BGS) on Friday, March 17 to "Outperform" rating. Citigroup has "Neutral" rating and $84 target. The ex-dividend date of this dividend is Wednesday, June 28th. The stock of Danaher Corporation (NYSE:DHR) has "Overweight" rating given on Tuesday, July 28 by Morgan Stanley. (NYSE:BGS) established that the company was able to keep return on investment at 4.09 in the trailing twelve month while Reuters data showed that industry's average stands at 12.64 and sector's optimum level is 53.35. The stock has "Neutral" rating by Robert W. Baird on Tuesday, April 19. Barclays Capital maintained the stock with "Overweight" rating in Wednesday, September 7 report. It also reduced Liberty Interactive A (NASDAQ:QVCA) stake by 147,500 shares and now owns 718,400 shares. Volume on the day was 2.31 million shares. (BGS) have 67.23 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. 2,135 shares were sold by CRANZ TAWNI, worth $312,756.

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.03, from 1.31 in 2016Q3. It improved, as 55 investors sold DHR shares while 315 reduced holdings.

These funds have also shifted positions in (BGS). The company had revenue of $417.90 million during the quarter, compared to analysts' expectations of $413.35 million. Reinhart has invested 0.03% in Danaher Corporation (NYSE:DHR). Schroder Management Grp Incorporated holds 0.01% or 29,758 shares. Wilbanks Smith & Thomas Asset Mngmt has 0.12% invested in Danaher Corporation (NYSE:DHR). Finally, Elkfork Partners LLC increased its stake in B&G Foods by 3.7% in the first quarter. Hemenway Tru reported 113,651 shares. Zacks Investment Research raised B&G Foods from a "hold" rating to a "buy" rating and set a $45.00 price objective for the company in a research note on Thursday, June 1st. This change led market cap to move at $2.65B, putting the price -30.07% below the 52-week high and 0.96% above the 52-week low. The Firm makes, sells and distributes a portfolio of shelf-stable and frozen foods across the United States, Canada and Puerto Rico. The company's current price-earnings ratio amounts to 22.08 times earnings, below the average P/E ratio of 22.30 times earnings. B&G Foods' products include hot cereals, fruit spreads, canned meats and beans, spices, seasonings, marinades, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, Mexican-style sauces, taco shells and kits, salsas, pickles, peppers and other specialty food products.

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