Hershey Co Stock [FallsFell] as Big Money Exit, Sentiment at 0.8

June 27, 2018 - By Marcos Kline

The Hershey Company (NYSE:HSY) Corporate Logo

Positions for Hershey Co (NYSE:HSY)

“Big money sentiment for Hershey Co (NYSE:HSY) in Q1 2018 decreased to 0.8, according to SEC filings. That’s down -0.33, from 2017Q4’s 1.13. 228 institutional investors opened new or increased holdings, while 286 cut down and sold their stock positions in Hershey Co so the sentiment is negative. These funds own 109.40 million shares, that’s up from 107.20 million shares in 2017Q4. Funds holding Hershey Co in top 10 decreased from 8 to 4 for a decrease of 4. 59 Investors Sold All; 227 Reduced Holdings; 170 increased holdings while 58 institutional investors bought holdings.

Largest Hershey Co Investors

Hershey Trust Co owns 8.25 million shares in Hershey Co as of Q1 2018. As of Q1 2018, 144,026 shares of Hershey Co are owned by Symons Capital Management Inc. Hs Management Partners Llc reported 1.27 million shares. Troy Asset Management Ltd revealed 788,910 shares position in Hershey Co. The California-based fund Scharf Investments Llc looks positive on Hershey Co, possessing 1.24 million shares.

The Hershey Company, together with its subsidiaries, makes and sells confectionery products.The firm is valued at $19.81 billion. The firm operates through two divisions, North America, and International and Other.20.02 is the P/E ratio. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products comprising chewing gums and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items, including spreads, meat snacks, bars and snack bites, and mixes.

The stock increased 0.67% or $0.63 during the last trading session, hitting $94.67.Currently The Hershey Company is downtrending after 20.19% change in last June 27, 2017. HSY has 382,975 shares volume. HSY underperformed the S&P500 by 32.76%.

The Hershey Company (NYSE:HSY)’s earnings report is anticipated on July, 25., as reported by Faxor. The earnings per share diference is $0.02 or 1.83 % up from last years number. Previous year: $1.09; Analysts forcast: $1.11. If $1.11 is reported, HSY’s profit will reach $232.28M for 21.32 P/E. Wall Street predicts -21.28 % negative EPS growth as of July, 25.

Spears Abacus holds 0.03% in The Hershey Company (NYSE:HSY) or 2,276 shs. Ellington Mgmt Ltd Llc has 0.05% invested in The Hershey Company (NYSE:HSY) for 6,500 shs. Meiji Yasuda Life Insurance holds 0.14% in The Hershey Company (NYSE:HSY) or 9,200 shs. Axa has invested 0.03% in The Hershey Company (NYSE:HSY). Whittier Trust invested in 1,693 shs or 0.01% of the stock. Oakbrook Invests Ltd reported 6,935 shs. Da Davidson & owns 0.03% invested in The Hershey Company (NYSE:HSY) for 14,038 shs. Hanson Mcclain invested in 0% or 438 shs. Bessemer Group Incorporated invested in 7,747 shs. Bnp Paribas Asset Management reported 10,946 shs or 0.01% of all its holdings. Cedar Hill Associates Limited Liability Corporation owns 0.06% invested in The Hershey Company (NYSE:HSY) for 3,245 shs. Texas Yale invested 0.05% in The Hershey Company (NYSE:HSY). Renaissance Limited invested 0.23% in The Hershey Company (NYSE:HSY). 123,049 are held by Chevy Chase Trust Hldgs. Strs Ohio invested in 0.01% or 15,456 shs.

The Hershey Company had 2 insider sales and 0 buys since January 26, 2018. This’s net activity of $541,933. On Friday, January 26 $44,620 worth of The Hershey Company (NYSE:HSY) was sold by Buck Michele.

The Hershey Company (NYSE:HSY) Ratings Coverage

In total 13 analysts cover The Hershey (NYSE:HSY). “Buy” rating has 0, “Sell” are 5, while 8 are “Hold”. (NYSE:HSY) has 0 bullish analysts. With $120.0 highest and $80 lowest target, The Hershey has $96.08 average target or 1.49% above the current ($94.67) price. 20 are the (NYSE:HSY)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Tuesday, January 30 the rating was maintained by RBC Capital Markets with “Hold”. On Tuesday, April 10 the stock of The Hershey Company (NYSE:HSY) has “Sell” rating given by UBS. The company rating was maintained by Susquehanna on Monday, April 23. On Wednesday, June 13 the firm has “Underperform” rating by Credit Suisse given. On Tuesday, January 16 Goldman Sachs downgraded The Hershey Company (NYSE:HSY) to “Sell” rating. On Friday, February 2 the firm earned “Underweight” rating by Morgan Stanley. In Friday, February 2 report Credit Suisse downgraded it to “Hold” rating and $115.0 target. On Friday, February 2 the company was maintained by Barclays Capital. On Tuesday, April 24 the stock of The Hershey Company (NYSE:HSY) earned “Hold” rating by RBC Capital Markets. On Wednesday, February 14 the firm earned “Neutral” rating by JP Morgan.

For more The Hershey Company (NYSE:HSY) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Nasdaq.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Complete And Total Nonsense” posted on June 26, 2018, “Credit Suisse sours on Hershey” on June 13, 2018, “2 Top Dividend Stocks for Savvy Investors” with a publish date: June 22, 2018, “Recent Purchase: The Hershey Company” and the last “Should Hershey Buy Tootsie Roll?” with publication date: June 22, 2018.

The Hershey Company (NYSE:HSY) Institutional Investors Chart

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