Has Goldman Sachs Group Inc. The Lost Faith in Cal-Maine Foods (NDAQ:CALM) After Recent Downgrade

June 19, 2017 - By Marry Poplack

  Has Goldman Sachs Group Inc. The Lost Faith in Cal Maine Foods (NDAQ:CALM) After Recent Downgrade

Investors sentiment decreased to 0.66 in Q4 2016. Its down 0.08, from 0.74 in 2016Q3. It fall, as 42 investors sold Cal-Maine Foods Inc shares while 89 reduced holdings. 37 funds opened positions while 50 raised stakes. 28.03 million shares or 0.50% more from 27.89 million shares in 2016Q3 were reported.

M&T Bancorporation reported 10,015 shares. Ubs Asset Americas has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM). Citigroup Incorporated accumulated 0% or 80,979 shares. Argi Ltd Liability Corporation holds 0.12% of its portfolio in Cal-Maine Foods Inc (NASDAQ:CALM) for 30,951 shares. Midas reported 23,000 shares. Guggenheim Cap Ltd Liability Corp invested in 0.01% or 117,802 shares. Perkins Management Ltd Company reported 1.08M shares or 0.61% of all its holdings. Citadel Advsrs Ltd Liability Co has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM). Mackenzie Financial invested 0.01% in Cal-Maine Foods Inc (NASDAQ:CALM). First Citizens Commercial Bank & invested in 5,324 shares. Enterprise Finance Service holds 124 shares or 0% of its portfolio. Pinebridge Investments Lp owns 3,780 shares for 0% of their portfolio. Federated Pa has 12,115 shares for 0% of their portfolio. Lombard Odier Asset Management (Usa) Corporation holds 150,000 shares or 0.97% of its portfolio. Stifel Corporation invested in 0.01% or 28,663 shares.

Since January 17, 2017, it had 0 insider buys, and 3 sales for $234,848 activity. On Thursday, January 26 the insider Poole James E sold $93,126. 1,000 shares were sold by HUGHES LETITIA CALLENDER, worth $43,510. Shares for $98,212 were sold by Holladay Robert L Jr on Tuesday, January 17.

Cal-Maine Foods (NDAQ:CALM) Receives a Downgrade

Cal-Maine Foods (NDAQ:CALM) was just downgraded by equity analysts at Goldman Sachs Group Inc. The from a Neutral to a Sell in a note published on Friday, 16 June. The firm currently has a $37.00 TP on shares. Goldman Sachs Group Inc. The’s TP indicates a possible downside of -0.94 % for the stock.

Investors sentiment decreased to 0.66 in Q4 2016. Its down 0.08, from 0.74 in 2016Q3. It fall, as 42 investors sold Cal-Maine Foods Inc shares while 89 reduced holdings. 37 funds opened positions while 50 raised stakes. 28.03 million shares or 0.50% more from 27.89 million shares in 2016Q3 were reported.

M&T Bancorporation reported 10,015 shares. Ubs Asset Americas has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM). Citigroup Incorporated accumulated 0% or 80,979 shares. Argi Ltd Liability Corporation holds 0.12% of its portfolio in Cal-Maine Foods Inc (NASDAQ:CALM) for 30,951 shares. Midas reported 23,000 shares. Guggenheim Cap Ltd Liability Corp invested in 0.01% or 117,802 shares. Perkins Management Ltd Company reported 1.08M shares or 0.61% of all its holdings. Citadel Advsrs Ltd Liability Co has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM). Mackenzie Financial invested 0.01% in Cal-Maine Foods Inc (NASDAQ:CALM). First Citizens Commercial Bank & invested in 5,324 shares. Enterprise Finance Service holds 124 shares or 0% of its portfolio. Pinebridge Investments Lp owns 3,780 shares for 0% of their portfolio. Federated Pa has 12,115 shares for 0% of their portfolio. Lombard Odier Asset Management (Usa) Corporation holds 150,000 shares or 0.97% of its portfolio. Stifel Corporation invested in 0.01% or 28,663 shares.

Since January 17, 2017, it had 0 insider buys, and 3 sales for $234,848 activity. On Thursday, January 26 the insider Poole James E sold $93,126. 1,000 shares were sold by HUGHES LETITIA CALLENDER, worth $43,510. Shares for $98,212 were sold by Holladay Robert L Jr on Tuesday, January 17.

About 92,536 shares traded. Cal-Maine Foods Inc (NDAQ:CALM) has declined 14.94% since June 19, 2016 and is downtrending. It has underperformed by 31.64% the S&P500.

Analysts await Cal-Maine Foods Inc (NASDAQ:CALM) to report earnings on July, 17.

Cal-Maine Foods, Inc. is a producer and marketer of shell eggs in the United States. The company has market cap of $1.73 billion. The Firm operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. It currently has negative earnings. It offers shell eggs, including specialty and non-specialty eggs.

More notable recent Cal-Maine Foods Inc (NASDAQ:CALM) news were published by: Cnbc.com which released: “Cal-Maine Foods shares tumble after fiscal first-quarter loss results” on September 26, 2016, also Fool.com with their article: “Why Cal-Maine Foods, Inc. Stock Fell 16.1% in September” published on October 12, 2016, Seekingalpha.com published: “Cal-Maine Foods’ Stock Price Has Been On The Move As Egg Demand Has Increased” on April 21, 2017. More interesting news about Cal-Maine Foods Inc (NASDAQ:CALM) were released by: Seekingalpha.com and their article: “Cal-Maine Foods: Not Good” published on July 18, 2016 as well as Seekingalpha.com‘s news article titled: “Why Cal-Maine Foods Is A Buy” with publication date: September 06, 2016.

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