Kellogg Co (NYSE:K) Stock Price While Sentiment Falls to 0.86

June 27, 2018 - By Kevin Carney

Kellogg Company (NYSE:K) Corporate Logo

Kellogg Co’s Sentiment

In Q1 2018 Kellogg Co (NYSE:K) big money sentiment decreased to 0.86, according to SEC.gov filings. So its down -0.05, from 2017Q4’s 0.91. 230 investment professionals increased and started new holdings, while 267 sold and trimmed equity positions in Kellogg Co so the sentiment has dropped. Funds own 304.23 million shares, down from 309.07 million shares in 2017Q4. Funds holding Kellogg Co in top 10 changed to 4 from 6 for a decrease of 2. 56 Investors Sold All; 211 Reduced Holdings; 163 increased stakes while 67 investment professionals bought stakes.

Largest Kellogg Co Shareholders

As of Q1 2018 Kellogg W K Foundation Trust has 98.82% invested in Kellogg Co. As of Q1 2018, 25.36 million shares of Kellogg Co are owned by Keybank National Association Oh. Hs Management Partners Llc reported 3.40 million shares. 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, owning 184,558 shares.

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

The stock increased 1.97% or $1.35 during the last trading session, hitting $70.05.Currently Kellogg Company is downtrending after 10.25% change in last June 27, 2017. K has 2.05 million shares volume. K underperformed by 22.82% the S&P500.

Investors wait Kellogg Company (NYSE:K)’s quarterly earnings on August, 2., according to Faxor. This year’s EPS analyst estimate is awaited to be $1.05. That is 8.25 % up compareed to $0.97 EPS for last year. K’s profit could reach $364.19M if the current EPS of $1.05 is accurate. Last quarter $1.19 EPS was reported. Analysts predicts -11.76 % negative EPS growth this quarter.

Bessemer owns 1,397 shs or 0% of their US capital. Jarislowsky Fraser Ltd stated it has 17,148 shs or 0.01% of all its holdings. National Bank Of Montreal Can reported 0.04% of its capital in Kellogg Company (NYSE:K). Flippin Bruce & Porter holds 86,395 shs. Cap Advsr Lc reported 10,258 shs. Welch Group owns 4,103 shs. Jlb Assocs Incorporated holds 58,464 shs. Paloma Prns Management has invested 0.06% in Kellogg Company (NYSE:K). Washington State Bank owns 1,765 shs for 0.02% of their capital. Amalgamated National Bank has invested 0.06% in Kellogg Company (NYSE:K). Scotia Capital Incorporated has 0.05% invested in Kellogg Company (NYSE:K) for 59,338 shs. Trust Of Virginia Va reported 0.05% in Kellogg Company (NYSE:K). Regions Corp reported 0.02% stake. Retirement Of Alabama owns 118,920 shs or 0.04% of their US capital. Wellington Llp holds 4,389 shs or 0% of its capital.

Kellogg Company had 10 insider sales and 1 insider purchase since January 24, 2018. This’s net activity of $96.18 million. On Tuesday, May 22 a trade for 8,080 shs valued at $499,150 was made by Khan Fareed A. BANATI AMIT sold 1,992 shs worth $129,536.

Kellogg Company (NYSE:K) Ratings Coverage

In total 12 analysts cover Kellogg (NYSE:K). “Buy” rating has 4, “Sell” are 2, while 6 are “Hold”. 33% are bullish. With $91.0 highest and $6000 lowest target Kellogg has $70 average target or -0.07% below the current ($70.05) price. 18 are the (NYSE:K)’s analyst reports since January 16, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Bank of America with “Underperform” on Friday, February 9. On Monday, May 7 the firm has “Hold” rating given by Wells Fargo. On Friday, May 4 the firm earned “Hold” rating by Deutsche Bank. On Tuesday, April 24 the stock has “Hold” rating by RBC Capital Markets. On Tuesday, February 6 the stock of Kellogg Company (NYSE:K) has “Neutral” rating given by Credit Suisse. On Friday, May 4 the firm earned “Equal-Weight” rating by Morgan Stanley. On Wednesday, April 18 the firm earned “Equal-Weight” rating by Morgan Stanley. On Thursday, February 15 the firm has “Hold” rating by Piper Jaffray given. The company rating was upgraded by Piper Jaffray on Wednesday, February 28. On Friday, February 9 the firm has “Equal-Weight” rating by Morgan Stanley given.

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

Kellogg Company (NYSE:K) Institutional Investors Chart

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