Kellogg Co (NYSE:K) Big Money Sentiment Falls in 2018 Q1 to 0.86

June 27, 2018 - By Roy Fason

Kellogg Company (NYSE:K) Corporate Logo

Positions for Kellogg Co (NYSE:K)

“Big money sentiment for Kellogg Co (NYSE:K) in 2018 Q1 decreased to 0.86, according to SEC filings. So its down -0.05, from 2017Q4’s 0.91. 230 funds increased or started new equity positions, while 267 decreased and sold their stock positions in Kellogg Co so the sentiment fall. These funds own 304.23 million shares, that’s down from 309.07 million shares in 2017Q4. Funds holding Kellogg Co in top 10 decreased from 6 to 4 for a decrease of 2. 56 Investors Sold All; 211 Reduced Holdings; 163 increased stakes while 67 funds bought stakes.

Biggest Kellogg Co Shareholders

As of 2018 Q1 Kellogg W K Foundation Trust has 98.82% invested in Kellogg Co. As of 2018 Q1, 25.36 million shares of Kellogg Co are owned by Keybank National Association Oh. Moreover, Hs Management Partners Llc reported 3.40 million shares in Kellogg Co equivalent to 7.01% of its fund’s portfolio. The Texas-based fund Corda Investment Management Llc. have invested about 2.82% of the investment professional’s stock portfolio in Kellogg Co. The Ohio-based fund Private Trust Co Na looks positive on Kellogg Co, having 184,558 shares.

Kellogg Company manufactures and markets ready-to-eat cereal and convenience foods in the United States and internationally.The company has $24.30 billion market cap. The firm operates through U.S.16.91 is the P/E ratio. Morning Foods, U.S.

Ticker’s shares touched $70.05 during the last trading session after 1.97% change.Kellogg Company has volume of 2.05M shares. Since June 27, 2017 K has declined 10.25% and is downtrending. K underperformed the S&P500 by 22.82%.

Kellogg Company (NYSE:K)’s quarterly earnings will be announced on August, 2., RTT reports. Analysts predict $1.05 EPS. That’s $0.08 up or 8.25 % from 2017’s earnings of $0.97. In case of $1.05 EPS K’s profit could be $364.19M. -11.76 % negative EPS growth is what analysts predict. $1.19 EPS was announced for last quarter.

Rampart Investment Mgmt Limited Liability Corporation accumulated 2,673 shs or 0.02% of the stock. Stonebridge Mgmt Inc has 20,225 shs for 0.47% of their capital. Jane Street Group Ltd Company holds 0% or 28,112 shs. 372,625 are held by State Board Of Administration Of Florida Retirement. Cibc Markets Corp accumulated 0.04% or 58,813 shs. Pittenger & Anderson reported 25,385 shs. Gamco Inc Et Al reported 0.31% stake. Of Toledo Na Oh invested in 4,857 shs or 0.08% of the stock. Country Bancorp holds 1,262 shs or 0% of its capital. Arizona State Retirement Systems reported 0.07% stake. Northwestern Mutual Wealth Mgmt owns 13,673 shs or 0.01% of their US capital. Moreover, Scotia Inc has 0.05% invested in Kellogg Company (NYSE:K) for 59,338 shs. Peoples Financial Corporation holds 15,300 shs. Davenport & Co Ltd Liability Co holds 0% of its capital in Kellogg Company (NYSE:K) for 9,272 shs. Waddell & Reed Financial reported 358,331 shs.

Kellogg Company registered $96.18 million net activity with 1 buying transaction and 10 selling transactions since January 24, 2018. On Tuesday, June 12 a trade for 250,000 shs valued at $16.41M was made by KELLOGG W K FOUNDATION TRUST. Another trade for 1,992 shs valued at $129,536 was made by BANATI AMIT on Tuesday, May 29.

Kellogg Company (NYSE:K) Ratings Coverage

A total of 12 analysts rate Kellogg (NYSE:K) as follows: 4 “Buy”, 6 “Hold” and 2 “Sell”. Тherefore 33% are bullish. The firm has $91.0 highest and $6000 lowest target. The avg target $70 is -0.07% below the last ($70.05) price. (NYSE:K) has 18 ratings reports on 27 Jun 2018 according to StockzIntelligence. In Friday, May 4 report Stifel Nicolaus maintained the stock with “Hold” rating. The company rating was maintained by Piper Jaffray on Thursday, February 15. On Wednesday, April 18 Morgan Stanley maintained Kellogg Company (NYSE:K) rating. Morgan Stanley has “Equal-Weight” rating and $65 target. In Wednesday, February 28 report Piper Jaffray upgraded it to “Buy” rating and $80.0 target. In Friday, February 9 report Morgan Stanley maintained it with “Equal-Weight” rating and $70 target. On Tuesday, May 1 the stock has “Overweight” rating by JP Morgan. On Friday, May 4 Deutsche Bank maintained the shares of K in report with “Hold” rating. On Friday, February 9 Citigroup maintained the shares of K in report with “Buy” rating. On Friday, February 9 the stock of Kellogg Company (NYSE:K) has “Underperform” rating given by Bank of America. On Monday, May 7 the rating was maintained by Wells Fargo with “Hold”.

A couple more Kellogg Company (NYSE:K) news were brought out by: Seekingalpha.com which released on June 04, 2018 “Should I Prefer Kellogg’s Over Kraft Heinz?”, also Prnewswire.com on June 26, 2018 brought out “Pringles® Brings The Heat With Its First-Ever Nashville Hot Chicken Flavor!”, the next 247Wallst.com is “Kellogg Issues Recall For Honey Smacks Cereal” on June 15, 2018. Seekingalpha.com has article titled “Dividend Stock Analysis: Kellogg Company”.

Kellogg Company (NYSE:K) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: