Legal & General Group Plc Has $194,000 Position in AdvancePierre Foods Holdings Inc (APFH)
Legal & General Group Plc reduced its position in shares of AdvancePierre Foods Holdings Inc (NASDAQ:APFH) by 1.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,216 shares of the company’s stock after selling 101 shares during the period. Legal & General Group Plc’s holdings in AdvancePierre Foods Holdings were worth $194,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. State Street Corp raised its stake in AdvancePierre Foods Holdings by 25.6% in the fourth quarter. State Street Corp now owns 343,458 shares of the company’s stock worth $10,233,000 after buying an additional 69,906 shares during the period. Teachers Advisors LLC raised its stake in AdvancePierre Foods Holdings by 118.1% in the fourth quarter. Teachers Advisors LLC now owns 51,828 shares of the company’s stock worth $1,543,000 after buying an additional 28,068 shares during the period. Highbridge Capital Management LLC bought a new stake in AdvancePierre Foods Holdings during the fourth quarter worth approximately $276,000. Diversified Trust Co bought a new stake in AdvancePierre Foods Holdings during the first quarter worth approximately $246,000. Finally, Nationwide Fund Advisors raised its stake in AdvancePierre Foods Holdings by 304.6% in the first quarter. Nationwide Fund Advisors now owns 54,983 shares of the company’s stock worth $1,714,000 after buying an additional 41,394 shares during the period.
Shares of AdvancePierre Foods Holdings Inc (NASDAQ:APFH) traded up 0.05% during midday trading on Friday, hitting $40.25. The company had a trading volume of 610,381 shares. The firm’s 50 day moving average is $39.80 and its 200 day moving average is $31.64. AdvancePierre Foods Holdings Inc has a 52 week low of $22.99 and a 52 week high of $40.79.
AdvancePierre Foods Holdings (NASDAQ:APFH) last issued its quarterly earnings data on Wednesday, May 10th. The company reported $0.31 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.31. The business had revenue of $402.73 million for the quarter, compared to the consensus estimate of $419.87 million. During the same period in the previous year, the firm earned $0.34 EPS. The company’s revenue was up 2.1% on a year-over-year basis. On average, analysts predict that AdvancePierre Foods Holdings Inc will post $1.33 EPS for the current year.
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APFH has been the topic of a number of analyst reports. BMO Capital Markets lowered AdvancePierre Foods Holdings from an “outperform” rating to a “market perform” rating and upped their price target for the company from $34.00 to $40.00 in a research report on Wednesday, April 26th. Wells Fargo & Company lowered AdvancePierre Foods Holdings from an “outperform” rating to a “market perform” rating and set a $40.00 price target on the stock. in a research report on Tuesday, May 9th. Finally, Zacks Investment Research upgraded AdvancePierre Foods Holdings from a “sell” rating to a “hold” rating in a research report on Monday, May 15th.
AdvancePierre Foods Holdings Company Profile
AdvancePierre Foods Holdings, Inc is a producer and distributor of ready-to-eat sandwiches, sandwich components and other entrees and snacks. The Company operates through four segments. The Foodservice segment’s portfolio of products includes breakfast sandwiches, peanut butter and jelly sandwiches, Philly steaks, fully cooked hamburger-patties, country-fried steak, stuffed entrees and chicken tenders.
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