Economy

The B&G Foods, Inc. (NYSE:BGS) Shares Bought by State Street Corp

The B&G Foods, Inc. (NYSE:BGS) Shares Bought by State Street Corp”

B&G Foods expects full-year earnings in the range of $2.03 to $2.17 per share, with revenue in the range of $1.64 billion to $1.67 billion. The return on equity ratio or ROE stands at 14.5 percent while most common profitability ratio return on investment (ROI) was 7.3 percent.

On 7/25/2013 B&G Foods, Inc. announced a quarterly dividend of $0.32. Torch Wealth Management LLC now owns 39,300 shares of the company's stock worth $1,582,000 after buying an additional 225 shares during the period. (NYSE:BGS) from a hold rating to a sell rating in a research report sent to investors on Wednesday morning. The firm owned 8,699 shares of the company's stock after selling 10 shares during the period. The stock's market capitalization is 2.37B, it has a 52-week low of 33.05 and a 52-week high of 51.56.

Other hedge funds also recently made changes to their positions in the company. WI acquired a new position in shares of B&G Foods during the first quarter valued at $455,000. (NYSE:BGS) earned "Buy" rating by Buckingham Research on Friday, April 29. Finally, Colony Group LLC raised its position in B&G Foods by 76.2% in the first quarter. The business had revenue of $368.10 million during the quarter, compared to the consensus estimate of $376.45 million. (NYSE BGS) traded down 0.28% during mid-day trading on Wednesday, hitting $35.50.

B&G Foods, Inc.is a holding company. The corporation has a market cap of US$2.37 Billion. During the same quarter a year ago, the company earned $0.65 earnings per share. B&G Foods has set its FY17 guidance at $2.13-$2.27 EPS. The firm's revenue was up 18.4% compared to the same quarter previous year. Azimuth Capital Management LLC increased its stake in B&G Foods by 4.3% in the first quarter. FMR LLC now owns 5,854,515 shares of the company's stock worth $235,645,000 after buying an additional 667,093 shares in the last quarter. Russell Investments Group Ltd. now owns 336,309 shares of the company's stock worth $11,973,000 after buying an additional 328,563 shares during the last quarter.

06/02/2015 - Janney Montgomery Scott began new coverage on B&G Foods, Inc. giving the company a "neutral" rating. Norges Bank bought a new stake in B&G Foods during the fourth quarter worth approximately $29,891,000.

The stock of B&G Foods, Inc. Institutional investors own 88.76% of the company's stock. William Blair initiated B&G Foods, Inc.

Current levels places B&G Foods, Inc.

Also Businesswire.com published the news titled: "B&G Foods Declares Regular Quarterly Dividend" on July 21, 2017. Shareholders of record on Friday, June 30th were issued a dividend of $0.465 per share. They issued a hold rating and a $43.50 price objective for the company. Zacks Investment Research lowered shares of B&G Foods from a buy rating to a hold rating in a report on Tuesday, June 13th. B&G Foods's dividend payout ratio (DPR) is presently 111.38%. The consensus target price is $41.50 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 7 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell. Out of 3 Wall Street analysts rating Cabela's, 0 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". If you are viewing this article on another website, it was illegally stolen and reposted in violation of U.S. & global copyright law. $44.19's average target is 25.36% above currents $35.25 stock price. The original version of this story can be read at https://www.thestockobserver.com/2017/08/02/bg-foods-inc-bgs-to-release-earnings-on-thursday.html. RBC Capital Markets maintained the shares of BGS in report on Friday, September 23 with "Outperform" rating. 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 products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato products, puffed corn and rice snacks, nut clusters and other specialty products.



Like this

loading...
loading...

Latest


05 August 2017
White House expects to pressure China through Trump's Twitter feed
Peters reacted to the news that China launched a series of 20 missiles at mock targets created to look like American THAAD missile batteries.

05 August 2017
Unemployment rate drops to lowest point since November 2016
Located 125 kilometres northeast of Toronto, the loss or gain of a few hundred jobs makes its unemployment rate fluctuate wildly. In July, the average hourly earnings rose 9 cents, or 0.3 percent, to 26.36 USA dollars, faster than the 0.2 percent in June .

05 August 2017
Lucus Advisors LLC Invests $406000 in Express Scripts Holding Company (ESRX)
Associated Banc-Corp increased Johnson & Johnson (NYSE:JNJ) stake by 4,846 shares to 176,756 valued at $20.36 million in 2016Q4. Hyman Charles D increased Regency Ctrs Corp (NYSE:REG) stake by 4,801 shares to 13,173 valued at $908,000 in 2016Q4.

05 August 2017
Club Friendly Report: Manchester City v West Ham United 04 July 2017
But they have to show me this every day. "We had good games against four awesome teams", the Catalan added. Both the teams are preparing for their Premier League 2017 campaign.

05 August 2017
Cubs put SS Addison Russell on disabled list with strained foot
It's a standard day off for the 32-year-old veteran, who has struck out 5 times while going 0-for-12 in his last three games. The move, retroactive to August 2, was announced before Friday afternoon's game against the Washington Nationals .

05 August 2017
Florida State WR Da'Vante Phillips suspended indefinitely after arrest
He was also ranked the 11th-best wide receiver in the 2015 recruiting class according to the 247Sports composite rankings . He has played in 19 career games, mostly on special teams, with five receptions.

05 August 2017
Neymar: Leaving Barcelona 'one of the toughest' decisions of my life
He said: "What I can say to these people is that they know nothing about (my) personal life". For me it's a fantastic transfer.

05 August 2017
IXYS Corporation (IXYS), Energen Corporation (EGN)
Zacks Investment Research raised Energen Corporation from a "sell" rating to a "hold" rating in a research note on Wednesday. Energen Corporation (EGN ) have shown a high EPS growth of -20.80% in the last 5 years and has earnings rose of 85.70% yoy.

05 August 2017
European Union extends sanctions against Russian Federation over Siemens
The latest additions complement a blacklist that already contains 150 people and 37 entities subject to an asset freeze and a travel ban over the turmoil in Ukraine.

05 August 2017
Long term Growth Analysis of Brookdale Senior Living Inc. (NYSE:BKD)
The firm's market cap is $385.28 million. ( FVE ) was up +3.03% during the last trading session, with a day high of 1.70. Cantor Fitzgerald reissued a "buy" rating on shares of Five Star Senior Living in a research note on Monday, May 8th.