As Pinnacle Foods Inc Del (NYSE:PF) Price Declined, Shareholder York Capital Management Global Advisors Llc Lowered Position

May 17, 2018 - By Alberta Moore

Pinnacle Foods Inc. (NYSE:PF) Corporate LogoBig Money Sentiment increased to 1.08 in 2017 Q4. It has change of 0.26, from 2017Q3’s 0.82. The ratio increased due to PF positioning: 41 sold and 95 reduced. 57 funds took holdings and 90 increased holdings. Investors holded 110.51 million in 2017Q3 but now own 109.66 million shares or 0.76% less. Stratos Wealth Prtnrs reported 0% in Pinnacle Foods Inc. (NYSE:PF). Dekabank Deutsche Girozentrale reported 0.12% in Pinnacle Foods Inc. (NYSE:PF). Cohen Steers invested in 0.01% or 54,124 shs. Dimensional Fund Advsrs Limited Partnership holds 0.03% or 1.31M shs in its capital. Systematic Management L P holds 1.2% of its capital in Pinnacle Foods Inc. (NYSE:PF) for 1.01 million shs. C M Bidwell Assoc reported 46 shs. Capital World accumulated 9.81M shs. Northwestern Mutual Wealth Management invested in 0% or 80 shs. Fortaleza Asset Mgmt has invested 1.04% in Pinnacle Foods Inc. (NYSE:PF). Gam Ag invested 0.01% of its capital in Pinnacle Foods Inc. (NYSE:PF). 1.42 million were accumulated by Jana Ptnrs Limited Liability Company. 13,120 are held by Stanley. Avalon Advsr Limited has 41,327 shs for 0.08% of their capital. Westfield Capital Mngmt Company Lp, a Massachusetts-based fund reported 1.35 million shs. Wolverine Asset Management has 64,137 shs for 0.04% of their capital.

PF registered $456,580 net activity with 1 buying transaction and 2 insider sales since March 7, 2018. Shares for $1.14M were bought by Pant Muktesh.

In 2018Q1 SEC form is reported James Dinan’s stake in Pinnacle Foods Inc Del (NYSE:PF) which was reduced by 59.21%. The company’s stock declined 9.45% with the market as York Capital Management Global Advisors Llc sold 254,914 shares. The consumer non-durables company announced $9.50M value for the 2018Q1. Now the hedge fund run by James Dinan is holding 175,621 shares, compared to the 430,535 from the previous quarter. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

James Dinan obtained a degree in economics from the University of Pennsylvania and from Harvard Business School an MBA. He began his career at Lufkin & Jenrette, Donaldson, employed for two years as an investment banker until 1983. Afterward he worked at Kellner Dileo & Co in merger arbitrage. Dinan in 1987 lost all of his savings on Black Monday, but in `1991 he returned and created his investment management company, York Capital Management, at a value of $3.6 million

Pinnacle Foods Inc. (NYSE:PF) Ratings Coverage

In total 11 analysts cover Pinnacle Foods (NYSE:PF). “Buy” rating has 10, “Sell” are 0, while 1 are “Hold”. 91% are bullish. 16 are the (NYSE:PF)’s analyst reports since December 21, 2017 according to StockzIntelligence Inc. On Monday, April 30 the company was downgraded by Buckingham Research. On Thursday, December 21 RBC Capital Markets maintained the shares of PF in report with “Buy” rating. On Friday, March 2 the company was maintained by Credit Suisse. On Friday, May 4 the firm earned “Overweight” rating by Morgan Stanley. On Friday, March 2 the stock has “Buy” rating by RBC Capital Markets. On Tuesday, February 13 the firm earned “Overweight” rating by JP Morgan. The company rating was maintained by Deutsche Bank on Friday, May 4. In Tuesday, April 3 report RBC Capital Markets maintained it with “Buy” rating and $6400 target. On Friday, March 2 Morgan Stanley maintained the shares of PF in report with “Overweight” rating. On Tuesday, March 13 the rating was initiated by Piper Jaffray with “Buy”.

Pinnacle Foods Inc. manufactures, markets, and distributes branded convenience food products in North America.The company has $7.57 billion market cap. It operates through four divisions: Frozen, Grocery, Boulder, and Specialty.The P/E ratio is 14.27. The Frozen segment offers frozen vegetables, frozen complete bagged meals, frozen prepared seafood, frozen and refrigerated bagels, frozen pizza, full-calorie single-serve frozen dinners and entrées, and frozen pancakes/waffles/French toast under the Birds Eye, Birds Eye Voila!, Birds Eye Signature Skillets, Van de Kamp's, Mrs.

Pinnacle Foods Inc. (NYSE:PF) Institutional Investors Chart

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