7,153 Shares in Cal-Maine Foods, Inc. $CALM Bought by Roxbury Financial LLC

Roxbury Financial LLC bought a new stake in Cal-Maine Foods, Inc. (NASDAQ:CALM) during the second quarter, Holdings Channel reports. The firm bought 7,153 shares of the basic materials company’s stock, valued at approximately $576,000.

Other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Cal-Maine Foods by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,401 shares of the basic materials company’s stock valued at $2,218,000 after acquiring an additional 1,057 shares during the period. NewEdge Advisors LLC grew its position in shares of Cal-Maine Foods by 100.8% in the first quarter. NewEdge Advisors LLC now owns 7,985 shares of the basic materials company’s stock valued at $726,000 after purchasing an additional 4,009 shares during the last quarter. United Services Automobile Association bought a new position in shares of Cal-Maine Foods in the first quarter worth about $245,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Cal-Maine Foods by 10.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,422 shares of the basic materials company’s stock worth $7,765,000 after purchasing an additional 7,736 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Cal-Maine Foods by 323.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,087 shares of the basic materials company’s stock worth $108,000 after purchasing an additional 830 shares during the period. Institutional investors own 84.67% of the company’s stock.

Cal-Maine Foods Price Performance

NASDAQ CALM opened at $87.78 on Monday. The company’s fifty day moving average is $81.80 and its two-hundred day moving average is $81.00. Cal-Maine Foods, Inc. has a 52-week low of $71.92 and a 52-week high of $117.45. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 13.40 and a beta of 0.25.

Cal-Maine Foods (NASDAQ:CALM) last announced its quarterly earnings data on Wednesday, July 22nd. The basic materials company reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.84). Cal-Maine Foods had a net margin of 10.88% and a return on equity of 11.79%. The company had revenue of $552.58 million for the quarter, compared to analyst estimates of $563.83 million. During the same period in the prior year, the company posted $7.04 EPS. The firm’s quarterly revenue was down 49.9% on a year-over-year basis.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CALM. Wall Street Zen downgraded Cal-Maine Foods from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. Royal Bank Of Canada set a $100.00 price target on Cal-Maine Foods in a research report on Tuesday, May 26th. Stephens dropped their price target on Cal-Maine Foods from $90.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 14th. Weiss Ratings lowered Cal-Maine Foods from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 23rd. Finally, BMO Capital Markets increased their price objective on Cal-Maine Foods from $75.00 to $83.00 and gave the company a “market perform” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cal-Maine Foods has an average rating of “Hold” and a consensus target price of $94.71.

Cal-Maine Foods Company Profile

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States.