Economy

Curbstone Financial Management Corp Acquires 21050 Shares of Hormel Foods Corporation (HRL)

(NYSE:GIS). Autus Asset Mngmt Ltd Llc reported 14,270 shares. New York State Common Retirement Fund acquired 14,099 shares as Hormel Foods Corporation (HRL)'s stock declined 6.52%. Tandem Investment Advisors Inc. now owns 73,813 shares of the company's stock worth $2,518,000 after acquiring an additional 3,248 shares during the last quarter.

Wall Street brokerages expect Hormel Foods Corporation (NYSE:HRL) to post $0.39 earnings per share (EPS) for the current quarter, Zacks reports. It has underperformed by 18.23% the S&P500. Therefore 21% are positive. Yelp has $54.0 highest and $17 lowest target. Uptrending stocks trade above their moving averages, while downtrending stocks trade below. General Mills Inc. had 55 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Friday, February 10 by Stifel Nicolaus. On Tuesday, April 5 the stock rating was downgraded by BB&T Capital to "Underweight". The stock of Cree, Inc. Credit Suisse has "Buy" rating and $3900 target. Goldman Sachs maintained the stock with "Sell" rating in Wednesday, August 17 report. "(GIS) Ex-Dividend Date Scheduled for October 06, 2017" on October 05, 2017, also Reuters.com with their article: "General Mills profit misses as United States yogurt sales sour" published on September 20, 2017, Usatoday.com published: "Silly rabbit, Trix are for kids whose parents don't mind artificial colors" on September 21, 2017. The stock of Yelp Inc (NYSE:YELP) has "Sell" rating given on Wednesday, October 28 by TH Capital. The firm has "Sector Perform" rating by Pacific Crest given on Friday, May 13. The firm has "Hold" rating given on Wednesday, July 27 by Jefferies. 2,004,946 shares of the company's stock were exchanged. It has underperformed by 3.99% the S&P500. Also included in the list of buyers for the last 3 months Sally J Smith who executed a direct buy for 1,209 shares on September 30, 2017.Director Robert Nakasone bought 653 shares on September 30, 2017, bringing his total number of shares held to 109616. Its up 0.22, from 1.09 in 2017Q1. 27 funds opened positions while 83 raised stakes. Amalgamated Comml Bank reported 9,993 shares. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.03). Personal Cap Advsr owns 323,468 shares or 0.21% of their U.S. portfolio. The option since executed brings Binder ownership to 11838 shares. 827,057 are held by Morgan Stanley. (NASDAQ:CREE). Canada Pension Plan Board holds 0.03% or 479,533 shares in its portfolio. Principal Group Inc Incorporated has 0% invested in Yelp Inc (NYSE:YELP) for 10,809 shares. Moreover, Stellar Ltd Llc has 0.54% invested in General Mills, Inc. Loring Wolcott & Coolidge Fiduciary Ltd Liability Partnership Ma owns 0% invested in Cree, Inc. Aviance Capital Limited Liability, Florida-based fund reported 2,752 shares.

Cree, Inc.is a manufacturer of lighting-class light emitting diode products, lighting products and semiconductor products for power and radio-frequency (RF) applications. Corporate insiders own 3.54% of the company's stock. It now has negative earnings. BidaskClub raised shares of Hormel Foods Corporation from a "sell" rating to a "hold" rating in a report on Monday, August 14th. Therefore 36% are positive. Finally, Buckingham Research decreased their price objective on shares of Hormel Foods Corporation from $37.00 to $33.00 and set a "neutral" rating on the stock in a report on Friday, August 25th. The firm has "Outperform" rating by BMO Capital Markets given on Friday, August 25. BMO Capital Markets has "Buy" rating and $4500 target. The rating was downgraded by B. Riley & Co on Thursday, January 14 to "Sell". BMO Capital Markets maintained it with "Buy" rating and $45 target in Friday, March 31 report. Netherlands-based Shell Asset Mgmt has invested 0.03% in Hormel Foods Corp (NYSE:HRL). The stock of Hormel Foods Corp (NYSE:HRL) has "Overweight" rating given on Friday, August 25 by Barclays Capital.

Hormel Foods Corporation (HRL) traded down 1.04% on Monday, reaching $31.52. Ontario Teachers Pension Plan Board boosted its holdings in shares of Hormel Foods Corporation by 20.8% in the second quarter. The company had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.24 billion.

Since June 14, 2017, it had 0 insider buys, and 1 insider sale for $45,258 activity. The insider Ramsay Alan sold $14,905.

Investors sentiment increased to 1 in Q2 2017. Its up 0.22, from 1.09 in 2017Q1. Curbstone Financial Management Corp's holdings in Hormel Foods Corporation were worth $1,366,000 as of its most recent filing with the SEC.

Want to see what other hedge funds are holding HRL? 195.22 million shares or 2.48% more from 190.49 million shares in 2017Q1 were reported. More interesting news about Hormel Foods Corp (NYSE:HRL) were released by: Prnewswire.com and their article: "Hormel Foods Named one of the 50 Best Places to Intern in the US" published on October 12, 2017 as well as Seekingalpha.com's news article titled: "The 6 Things That Could Make Hormel's Stock Go Rotten" with publication date: September 19, 2017. Fuller & Thaler Asset Mngmt accumulated 0% or 5,500 shares. (NYSE:GIS). Sigma Planning holds 0.18% or 34,086 shares in its portfolio. Royal Bancorp Of Canada accumulated 436,643 shares. Toronto Dominion Bank grew its holdings in Hormel Foods Corporation by 25.5% in the 2nd quarter. Cornerstone Advisors reported 0.01% stake. Raymond James Associates reported 0.01% of its portfolio in Hormel Foods Corp (NYSE:HRL). Andra Ap has invested 0.13% in Hormel Foods Corp (NYSE:HRL). Diversified holds 0.02% of its portfolio in Hormel Foods Corp (NYSE:HRL) for 7,769 shares. Exane Derivatives accumulated 5 shares or 0% of the stock. Hormel Foods Corp (NYSE:HRL) has declined 1.53% since October 17, 2016 and is downtrending.



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