Marathon Asset Management Llp Decreased The Hershey Company (HSY) Stake as Shares Rose

The Hershey Company (NYSE:HSY) Corporate LogoBig Money Sentiment increased to 1 in 2018 Q3. It has change of 0.08, from 2018Q2’s 0.92. The ratio is positive due to HSY positioning: 37 sold and 214 reduced. 93 funds took holdings and 159 increased holdings. Investors holded 107.15 million in 2018Q2 but now own 105.90 million shares or 1.16% less. Bradley Foster And Sargent Incorporated Ct accumulated 5,762 shs. Waddell Reed invested in 976,074 shs or 0.22% of the stock. Moreover, Ballentine Partners Limited Liability Corporation has 0.01% invested in The Hershey Company (NYSE:HSY) for 2,564 shs. The Virginia-based Of Virginia Va has invested 0.04% in The Hershey Company (NYSE:HSY). Utah Retirement Systems accumulated 26,086 shs. Griffin Asset Management invested 0.23% of its capital in The Hershey Company (NYSE:HSY). Northstar Group has 0.12% invested in The Hershey Company (NYSE:HSY) for 2,567 shs. Qs Invsts Ltd Com reported 125,373 shs stake. 15,274 were reported by Csat Advisory Lp. World Asset Management invested 0.05% in The Hershey Company (NYSE:HSY). Fernwood Mngmt Ltd Liability Com holds 0.24% of its capital in The Hershey Company (NYSE:HSY) for 4,525 shs. Kornitzer Inc Ks stated it has 24,310 shs or 0.04% of all its holdings. Credit Agricole S A owns 0% invested in The Hershey Company (NYSE:HSY) for 550 shs. First Midwest Bank & Trust Division stated it has 0.09% in The Hershey Company (NYSE:HSY). Parametric Associate reported 435,811 shs.

HSY had 11 sales and 1 insider buy since July 20, 2018. This’s net activity of $964.64 million. On Tuesday, November 6 Tillemans Todd W bought $214,640 worth of The Hershey Company (NYSE:HSY) or 2,000 shs. 30,835 shs were sold by WALLING KEVIN R, worth $3.12M. 4.50M The Hershey Company (NYSE:HSY) shs with value of $478.35 million were sold by HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL. 17,589 shs valued at $1.81M were sold by LITTLE PATRICIA A on Monday, September 24. On Wednesday, November 7 HERSHEY TRUST CO sold $478.35 million worth of The Hershey Company (NYSE:HSY) or 4.50M shs.

Marathon Asset Management Llp’s holdings in The Hershey Company (HSY) is reduced by 15.08% based on its latest 2018Q3 regulatory filing with the SEC. The company’s stock popped up 2.61% while Marathon Asset Management Llp sold 266,342 shares. The specialty foods company at the end of 2018Q3 was valued at $152.98M. It’s down from 1.77M at the end of the previous reported quarter. Now it had 1.50 million shares held by the hedge fund . The Hershey Company has $22.29B MC. HSY is touching $106.25 during the last trading session, after decreased 0.32%.Currently The Hershey Company is downtrending after 5.66% change in last January 14, 2018. HSY has also 473,233 shares volume. The stock underperformed the S&P500 by 5.66%.

According to a filing Marathon Asset Management Llp increased its stake in Grupo Televisa Sa (NYSE:TV) by 3.80M shares to 5.34 million shares, valued at $94.70 million in 2018Q3. The fund manages about $50.94 billion and $7.92 billion US Long portfolio. For a total of 165,406 shares it increased its holding in Renaissancere Holdings (NYSE:RNR) by 24,305 shares in the quarter, and has risen its stake in Colgate Palmolive Co (NYSE:CL).

On February, 7 WallStreet expected The Hershey Company (NYSE:HSY)’s earnings report, Zacks reports. Analysts expect change of 23.30 % or $0.24 from previous year’s $1.03 EPS compared to current’s $1.27 EPS. If EPS of $1.27 is revealed the profit of HSY could reach $266.45M giving it 20.92 P/E. -18.06 % negative EPS growth is what analysts predict. $1.55 EPS was revealed for last quarter.

For more The Hershey Company (NYSE:HSY) news brought out briefly go to: Benzinga.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Bank Of America Double Upgrades Hershey (NYSE:HSY) – Benzinga” brought out on December 19, 2018, “The Hershey Co. Increases Dividend By 10% – Seeking Alpha” on July 26, 2018, “Why Hershey Co Stock Popped Today – The Motley Fool” with a publish date: July 26, 2018, “Hershey: Still Not Convinced – Seeking Alpha” and the last “Weaker pricing impacts Hershey – Seeking Alpha” with publication date: October 25, 2018.

The Hershey Company (NYSE:HSY) Ratings Coverage

Total analysts of 6 have positions in Hershey (NYSE:HSY) as follows: 1 rated it a “Buy”, 1 with “Sell” and 4 with “Hold”. The positive are 17%. Since July 27, 2018 according to StockzIntelligence Inc Hershey has 7 analyst reports. In Tuesday, October 23 report Susquehanna maintained it with “Neutral” rating and $114 target. The company rating was upgraded by Credit Suisse on Tuesday, October 30. On Friday, July 27 the rating was maintained by Credit Suisse with “Underperform”. On Wednesday, December 19 the stock of The Hershey Company (NYSE:HSY) has “Buy” rating given by Bank of America. The stock rating was maintained by Stifel Nicolaus with “Hold” on Friday, July 27. On Friday, July 27 the rating was maintained by Morgan Stanley with “Underweight”. On Friday, July 27 PiperJaffray maintained The Hershey Company (NYSE:HSY) rating. PiperJaffray has “Neutral” rating and $100 target.

The Hershey Company (NYSE:HSY) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.