Raymond James Financial Inc. Makes New Investment in Cal-Maine Foods, Inc. (NASDAQ:CALM)

Raymond James Financial Inc. purchased a new position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission.

The institutional investor purchased 10,910 shares of the basic materials company’s stock, valued at approximately $1,123,000. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Savant Capital LLC grew its position in shares of Cal-Maine Foods by 2.



5% during the fourth quarter. Savant Capital LLC now owns 3,798 shares of the basic materials company’s stock worth $391,000 after acquiring an additional 92 shares during the last quarter. US Bancorp DE boosted its position in shares of Cal-Maine Foods by 2.

4% during the fourth quarter. US Bancorp DE now owns 6,710 shares of the basic materials company’s stock worth $691,000 after buying an additional 156 shares during the period. Stifel Financial Corp boosted its position in Cal-Maine Foods by 1.

3% during the 3rd quarter. Stifel Financial Corp now owns 15,049 shares of the basic materials company’s stock worth $1,126,000 after acquiring an additional 188 shares during the period. Quarry LP increased its holdings in shares of Cal-Maine Foods by 32.

5% during the third quarter. Quarry LP now owns 770 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 189 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Cal-Maine Foods by 24.

3% in the fourth quarter. GAMMA Investing LLC now owns 1,368 shares of the basic materials company’s stock worth $141,000 after purchasing an additional 267 shares during the period. Institutional investors and hedge funds own 84.

67% of the company’s stock. Cal-Maine Foods Stock PerformanceShares of NASDAQ:CALM opened at $92.97 on Friday.

Cal-Maine Foods, Inc. has a 52 week low of $55.15 and a 52 week high of $116.

41. The company has a market cap of $4.56 billion, a PE ratio of 7.

24 and a beta of -0.12. The firm has a 50 day simple moving average of $95.

51 and a 200 day simple moving average of $94.88. Cal-Maine Foods (NASDAQ:CALM – Get Free Report) last issued its quarterly earnings results on Tuesday, January 7th.

The basic materials company reported $4.47 earnings per share for the quarter, beating analysts’ consensus estimates of $4.05 by $0.

42. The business had revenue of $954.70 million for the quarter, compared to the consensus estimate of $751.

50 million. Cal-Maine Foods had a return on equity of 33.69% and a net margin of 20.

39%. Cal-Maine Foods’s revenue for the quarter was up 82.5% compared to the same quarter last year.

During the same quarter in the previous year, the company posted $0.35 earnings per share. On average, equities analysts predict that Cal-Maine Foods, Inc.

will post 15.59 earnings per share for the current year. Insider Transactions at Cal-Maine FoodsIn other news, Director Letitia Callender Hughes sold 809 shares of the company’s stock in a transaction on Tuesday, January 14th.

The shares were sold at an average price of $109.97, for a total value of $88,965.73.

Following the transaction, the director now directly owns 42,761 shares of the company’s stock, valued at approximately $4,702,427.17. This represents a 1.

86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 13.

45% of the stock is owned by insiders. Wall Street Analyst Weigh InCALM has been the topic of several recent analyst reports. Stephens reissued an “equal weight” rating and set a $97.

00 target price on shares of Cal-Maine Foods in a report on Thursday, March 6th. StockNews.com raised Cal-Maine Foods from a “hold” rating to a “buy” rating in a report on Wednesday.

View Our Latest Stock Analysis on CALMAbout Cal-Maine Foods (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 StoriesFive stocks we like better than Cal-Maine FoodsQuiet Period Expirations ExplainedShares of RH Down Nearly 40%: Where Investors Can Turn To NowWhy Special Dividends Can be a Delightful Surprise for Income InvestorsTariffs, Spin-Out, and R2 Updates Are Positive Signs for RivianWhat does consumer price index measure? Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?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)..