1 week Ago By ABMN Staff
Foundry Partners LLC acquired a new position in Cal-Maine Foods, Inc. ( NASDAQ:CALM – Free Report ) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,843 shares of the basic materials company’s stock, valued at approximately $357,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. bought a new position in Cal-Maine Foods during the 2nd quarter valued at about $25,000.
Cape Investment Advisory Inc. purchased a new stake in Cal-Maine Foods in the fourth quarter worth approximately $32,000. CWM LLC raised its stake in Cal-Maine Foods by 120.
1% during the 2nd quarter. CWM LLC now owns 625 shares of the basic materials company’s stock valued at $38,000 after buying an additional 341 shares during the last quarter. TFO Wealth Partners LLC lifted its holdings in shares of Cal-Maine Foods by 32,400.
0% during the 4th quarter. TFO Wealth Partners LLC now owns 650 shares of the basic materials company’s stock valued at $37,000 after buying an additional 648 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of Cal-Maine Foods by 73.
8% in the 2nd quarter. GAMMA Investing LLC now owns 676 shares of the basic materials company’s stock worth $41,000 after buying an additional 287 shares during the last quarter. 84.
67% of the stock is owned by institutional investors. Cal-Maine Foods Trading Up 0.3 % Shares of NASDAQ CALM opened at $69.
01 on Friday. Cal-Maine Foods, Inc. has a 12-month low of $42.
25 and a 12-month high of $72.70. The firm has a market capitalization of $3.
38 billion, a price-to-earnings ratio of 12.24 and a beta of -0.10.
The firm has a 50 day moving average of $68.21 and a 200 day moving average of $62.31.
Cal-Maine Foods Cuts Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 20th. Stockholders of record on Monday, August 5th were paid a $0.77 dividend.
This represents a $3.08 annualized dividend and a dividend yield of 4.46%.
The ex-dividend date was Monday, August 5th. Cal-Maine Foods’s dividend payout ratio (DPR) is currently 54.61%.
Insider Activity In other Cal-Maine Foods news, VP Robert L. Holladay, Jr. sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th.
The shares were sold at an average price of $70.93, for a total transaction of $106,395.00.
Following the sale, the vice president now owns 16,754 shares in the company, valued at approximately $1,188,361.22. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink .
In other Cal-Maine Foods news, VP Robert L. Holladay, Jr. sold 1,500 shares of the stock in a transaction on Tuesday, August 20th.
The stock was sold at an average price of $70.93, for a total value of $106,395.00.
Following the completion of the sale, the vice president now owns 16,754 shares in the company, valued at approximately $1,188,361.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .
Also, COO Michael Todd Walters sold 3,000 shares of the business’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $70.20, for a total value of $210,600.
00. Following the completion of the transaction, the chief operating officer now owns 5,310 shares in the company, valued at $372,762. The disclosure for this sale can be found here .
Insiders have sold a total of 6,000 shares of company stock valued at $422,970 in the last ninety days. Corporate insiders own 13.51% of the company’s stock.
Wall Street Analysts Forecast Growth Separately, The Goldman Sachs Group upped their price objective on Cal-Maine Foods from $47.00 to $52.00 and gave the company a “sell” rating in a research report on Wednesday, July 17th.
Read Our Latest Analysis on Cal-Maine Foods Cal-Maine Foods Company Profile ( Free Report ) Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. Featured Stories Want to see what other hedge funds are holding CALM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Cal-Maine Foods, Inc. ( NASDAQ:CALM – Free Report ). Receive News & Ratings for Cal-Maine Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cal-Maine Foods and related companies with MarketBeat.
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