York Capital Management Global Advisors Llc Trimmed Its Pinnacle Foods Inc Del (NYSE:PF) Position as Price Declined

May 17, 2018 - By Cynthia Ashman

Pinnacle Foods Inc. (NYSE:PF) Corporate LogoBig Money Sentiment increased to 1.08 in Q4 2017. It has change of 0.26, from 2017Q3’s 0.82. The ratio improved 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. Yorktown Management & Company holds 0.26% of its capital in Pinnacle Foods Inc. (NYSE:PF) for 15,000 shs. 3,726 are held by Eagle Boston Invest Management. Cibc Asset Mgmt stated it has 0% of its capital in Pinnacle Foods Inc. (NYSE:PF). Third Point Limited Liability Company owns 1.00 million shs or 0.43% of their US capital. Ntv Asset Limited reported 13,200 shs or 0.22% of all its holdings. Blackrock Inc holds 4.83 million shs or 0.01% of its capital. Architects invested 0.02% of its capital in Pinnacle Foods Inc. (NYSE:PF). Gsa Capital Prtn Ltd Liability Partnership invested 0.15% of its capital in Pinnacle Foods Inc. (NYSE:PF). Victory Cap Mngmt holds 1.16 million shs or 0.14% of its capital. Captrust Fin Advsr invested in 0% or 1,266 shs. Thrivent Fincl For Lutherans holds 0.07% or 371,765 shs in its capital. California Employees Retirement Systems invested in 293,497 shs. Susquehanna International Group Llp has 0% invested in Pinnacle Foods Inc. (NYSE:PF) for 88,796 shs. First Financial Corporation In owns 345 shs. New Mountain Vantage Advisers Limited Com invested in 2.3% or 509,416 shs.

PF had 2 selling transactions and 1 insider purchase since March 7, 2018. This’s net activity of $456,580. Another trade for 20,000 shs valued at $1.14M was made by Pant Muktesh on Wednesday, March 7.

The holdings In Pinnacle Foods Inc Del (NYSE:PF) owned by James Dinan was reduced. According to 2018Q1 Securities and Exchange filling the decrease is 59.21%. The company’s stock Sank 9.45% while York Capital Management Global Advisors Llc sold 254,914 shares. The consumer non-durables company at the end of 2018Q1 was valued at $9.50 million. It’s down from 430,535 at the end of the previous reported quarter. Now it had 175,621 shares held by the hedge fund run by James Dinan. 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

Total analysts of 11 have positions in Pinnacle Foods (NYSE:PF) as follows: 10 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 91%. Since December 21, 2017 according to StockzIntelligence Inc Pinnacle Foods has 16 analyst reports. On Tuesday, March 13 Piper Jaffray initiated the shares of PF in report with “Buy” rating. On Tuesday, April 3 the firm earned “Buy” rating by RBC Capital Markets. On Wednesday, January 10 the stock has “Buy” rating by Credit Suisse. The stock rating was maintained by Buckingham Research with “Buy” on Friday, March 2. On Thursday, December 21 the rating was maintained by RBC Capital Markets with “Buy”. The company rating was maintained by Deutsche Bank on Friday, May 4. On Friday, May 4 the company was maintained by Morgan Stanley. On Tuesday, February 13 the rating was maintained by JP Morgan with “Overweight”. On Friday, March 2 RBC Capital Markets maintained the shares of PF in report with “Buy” rating. In Friday, March 2 report Morgan Stanley maintained the stock with “Overweight” rating.

Pinnacle Foods Inc. manufactures, markets, and distributes branded convenience food products in North America.The firm is valued at $7.57 billion. 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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