313,786 Shares in The Magnum Ice Cream Company N.V. $MICC Purchased by Everett Harris & Co. CA

Everett Harris & Co. CA acquired a new position in The Magnum Ice Cream Company N.V. (NYSE:MICC) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 313,786 shares of the company’s stock, valued at approximately $4,974,000. Everett Harris & Co. CA owned 0.05% of Magnum Ice Cream at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in MICC. Vanguard Group Inc. purchased a new stake in Magnum Ice Cream in the fourth quarter worth about $344,031,000. First Eagle Investment Management LLC purchased a new stake in Magnum Ice Cream in the fourth quarter worth about $260,541,000. Norges Bank purchased a new stake in Magnum Ice Cream in the fourth quarter worth about $173,632,000. UBS Group AG purchased a new stake in Magnum Ice Cream in the fourth quarter worth about $97,064,000. Finally, Flossbach Von Storch SE purchased a new stake in Magnum Ice Cream in the fourth quarter worth about $88,603,000.

Magnum Ice Cream Price Performance

NYSE MICC opened at $16.98 on Tuesday. The stock’s 50 day moving average price is $15.00. The Magnum Ice Cream Company N.V. has a 52 week low of $12.94 and a 52 week high of $19.93.

Analysts Set New Price Targets

Several analysts have commented on MICC shares. Berenberg Bank raised shares of Magnum Ice Cream to a “hold” rating in a research report on Friday, February 27th. The Goldman Sachs Group lowered shares of Magnum Ice Cream from a “neutral” rating to a “sell” rating in a research note on Friday, March 20th. BNP Paribas Exane lowered shares of Magnum Ice Cream to a “neutral” rating in a research note on Tuesday, April 21st. Zacks Research upgraded shares of Magnum Ice Cream from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 5th. Finally, Weiss Ratings lowered shares of Magnum Ice Cream from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Magnum Ice Cream currently has a consensus rating of “Reduce”.

About Magnum Ice Cream

The Magnum Ice Cream Company N.V. engages in ice cream business. The Magnum Ice Cream Company N.V. is based in Amsterdam, Noord-Holland, Netherlands.