Investors purchased shares of Kellogg Co. (NYSE:K) on weakness during trading hours on Wednesday. $156.71 million flowed into the stock on the tick-up and $146.62 million flowed out of the stock on the tick-down, for a money net flow of $10.09 million into the stock. Of all stocks tracked, Kellogg had the 24th highest net in-flow for the day. Kellogg traded down ($4.72) for the day and closed at $82.26

A number of brokerages have weighed in on K. Credit Suisse Group AG restated an “outperform” rating on shares of Kellogg in a report on Wednesday, July 6th. Bank of America Corp. reiterated a “sell” rating on shares of Kellogg in a report on Saturday, May 14th. TheStreet upgraded Kellogg from a “hold” rating to a “buy” rating in a report on Friday, May 6th. Sanford C. Bernstein reiterated a “market perform” rating and set a $76.00 price target (down previously from $77.00) on shares of Kellogg in a report on Monday, May 9th. Finally, Zacks Investment Research lowered Kellogg from a “buy” rating to a “hold” rating in a report on Monday, May 9th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company. Kellogg has an average rating of “Hold” and a consensus target price of $77.12.

The company has a market capitalization of $28.79 billion and a price-to-earnings ratio of 52.43. The company has a 50-day moving average price of $79.21 and a 200 day moving average price of $75.80.

Kellogg (NYSE:K) last issued its earnings results on Thursday, May 5th. The company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.03. The firm earned $3.40 billion during the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter last year, the firm earned $0.98 EPS. The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. On average, analysts predict that Kellogg Co. will post $3.69 EPS for the current year.

In other Kellogg news, major shareholder Kellogg W. K. Foundation Trust sold 200,000 shares of the business’s stock in a transaction dated Tuesday, April 26th. The stock was sold at an average price of $75.93, for a total value of $15,186,000.00. Following the completion of the sale, the insider now owns 69,222,980 shares of the company’s stock, valued at $5,256,100,871.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Kellogg W. K. Foundation Trust sold 150,000 shares of the business’s stock in a transaction dated Friday, June 10th. The stock was sold at an average price of $78.00, for a total value of $11,700,000.00. Following the completion of the sale, the insider now directly owns 69,053,690 shares of the company’s stock, valued at approximately $5,386,187,820. The disclosure for this sale can be found here.

Several hedge funds recently made changes to their positions in K. Amica Mutual Insurance Co. bought a new stake in shares of Kellogg during the fourth quarter worth $1,159,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Kellogg by 1.9% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,671 shares of the company’s stock worth $1,205,000 after buying an additional 314 shares in the last quarter. Tredje AP fonden boosted its stake in shares of Kellogg by 1.1% in the fourth quarter. Tredje AP fonden now owns 16,776 shares of the company’s stock worth $1,212,000 after buying an additional 182 shares in the last quarter. Pittenger & Anderson Inc. boosted its stake in shares of Kellogg by 3.7% in the fourth quarter. Pittenger & Anderson Inc. now owns 19,705 shares of the company’s stock worth $1,424,000 after buying an additional 710 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Kellogg by 5.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 21,844 shares of the company’s stock worth $1,579,000 after buying an additional 1,215 shares in the last quarter.

Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Company’s products include cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. Its segments include U.S. Morning Foods; U.S. Snacks; U.S.

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