Oppenheimer & Co. Inc. lowered its stake in shares of Delhaize Group (NYSE:DEG) by 4.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,651 shares of the company’s stock after selling 490 shares during the period. Oppenheimer & Co. Inc.’s holdings in Delhaize Group were worth $280,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Capstone Asset Management Co. boosted its stake in shares of Delhaize Group by 6.1% in the first quarter. Capstone Asset Management Co. now owns 85,128 shares of the company’s stock valued at $2,211,000 after buying an additional 4,920 shares in the last quarter. Glenmede Trust Co. NA boosted its stake in shares of Delhaize Group by 27.3% in the first quarter. Glenmede Trust Co. NA now owns 284,919 shares of the company’s stock valued at $7,398,000 after buying an additional 61,084 shares in the last quarter. M&T Bank Corp bought a new stake in shares of Delhaize Group during the first quarter valued at about $2,766,000. BB&T Securities LLC bought a new stake in shares of Delhaize Group during the first quarter valued at about $786,000. Finally, UBS Group AG boosted its stake in shares of Delhaize Group by 15.4% in the first quarter. UBS Group AG now owns 39,787 shares of the company’s stock valued at $1,033,000 after buying an additional 5,298 shares in the last quarter.

Shares of Delhaize Group (NYSE:DEG) remained flat at $28.11 during mid-day trading on Thursday. Delhaize Group has a 12-month low of $20.90 and a 12-month high of $28.45. The firm has a 50-day moving average of $26.63 and a 200-day moving average of $25.88.

Several analysts have recently issued reports on DEG shares. Zacks Investment Research cut shares of Delhaize Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 28th. Deutsche Bank AG reissued a “buy” rating on shares of Delhaize Group in a research note on Thursday, September 8th.

About Delhaize Group

Delhaize Group SA is a Belgium-based food retailer. The Company operates through three segments: the United States, including Food Lion and Hannaford banners; Belgium, including Delhaize Le Lion and AD Delhaize banners, and Southeastern Europe (SEE), including Alfa Beta, Mega Image and Shop&Go banners.

5 Day Chart for NYSE:DEG

Want to see what other hedge funds are holding DEG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Delhaize Group (NYSE:DEG).

Receive News & Ratings for Delhaize Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delhaize Group and related companies with MarketBeat.com's FREE daily email newsletter.