Should Investors Be Selling Cal-Maine Foods (NDAQ:CALM) Stock Following Today’s Goldman Sachs Downgrade?

June 19, 2017 - By Nellie Frank

 Should Investors Be Selling Cal Maine Foods (NDAQ:CALM) Stock Following Today’s Goldman Sachs Downgrade?

Investors sentiment decreased to 0.66 in 2016 Q4. Its down 0.08, from 0.74 in 2016Q3. It is negative, 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.

Blackrock Ltd Liability has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM). Moreover, Parametric Portfolio Associate Ltd Liability Corp has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM) for 44,476 shares. Wisconsin-based Morgan Dempsey Capital Management Ltd Co has invested 0.86% in Cal-Maine Foods Inc (NASDAQ:CALM). Blackrock Japan Ltd stated it has 0.01% in Cal-Maine Foods Inc (NASDAQ:CALM). 35,719 were reported by Credit Suisse Ag. Rhumbline Advisers has invested 0.01% of its portfolio in Cal-Maine Foods Inc (NASDAQ:CALM). Moreover, Huntington Comml Bank has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM) for 400 shares. First Tru Advsrs L P reported 66,696 shares. State Of Tennessee Treasury Department reported 23,634 shares stake. Lpl Limited Liability Com holds 0.01% or 20,707 shares. Td Asset Management Inc holds 22,712 shares or 0% of its portfolio. Panagora Asset Mngmt, Massachusetts-based fund reported 100 shares. Allianz Asset Ag invested in 0.02% or 395,375 shares. Sg Americas Limited Liability Corp invested in 0.01% or 19,717 shares. 21,350 are held by Peloton Wealth Strategists.

Since January 17, 2017, it had 0 buys, and 3 selling transactions for $234,848 activity. Holladay Robert L Jr had sold 2,297 shares worth $98,212 on Tuesday, January 17. HUGHES LETITIA CALLENDER sold $43,510 worth of stock or 1,000 shares. $93,126 worth of Cal-Maine Foods Inc (NASDAQ:CALM) shares were sold by Poole James E.

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

In analysts report revealed on 16 June, Goldman Sachs has decided to decreased rating on Cal-Maine Foods (NDAQ:CALM) shares to a “Sell”. CALM’s prior rating was a “Neutral”.

Investors sentiment decreased to 0.66 in 2016 Q4. Its down 0.08, from 0.74 in 2016Q3. It is negative, 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.

Blackrock Ltd Liability has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM). Moreover, Parametric Portfolio Associate Ltd Liability Corp has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM) for 44,476 shares. Wisconsin-based Morgan Dempsey Capital Management Ltd Co has invested 0.86% in Cal-Maine Foods Inc (NASDAQ:CALM). Blackrock Japan Ltd stated it has 0.01% in Cal-Maine Foods Inc (NASDAQ:CALM). 35,719 were reported by Credit Suisse Ag. Rhumbline Advisers has invested 0.01% of its portfolio in Cal-Maine Foods Inc (NASDAQ:CALM). Moreover, Huntington Comml Bank has 0% invested in Cal-Maine Foods Inc (NASDAQ:CALM) for 400 shares. First Tru Advsrs L P reported 66,696 shares. State Of Tennessee Treasury Department reported 23,634 shares stake. Lpl Limited Liability Com holds 0.01% or 20,707 shares. Td Asset Management Inc holds 22,712 shares or 0% of its portfolio. Panagora Asset Mngmt, Massachusetts-based fund reported 100 shares. Allianz Asset Ag invested in 0.02% or 395,375 shares. Sg Americas Limited Liability Corp invested in 0.01% or 19,717 shares. 21,350 are held by Peloton Wealth Strategists.

Since January 17, 2017, it had 0 buys, and 3 selling transactions for $234,848 activity. Holladay Robert L Jr had sold 2,297 shares worth $98,212 on Tuesday, January 17. HUGHES LETITIA CALLENDER sold $43,510 worth of stock or 1,000 shares. $93,126 worth of Cal-Maine Foods Inc (NASDAQ:CALM) shares were sold by Poole James E.

It is down 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 Seekingalpha.com with their article: “Cal-Maine Foods’ Stock Price Has Been On The Move As Egg Demand Has Increased” published on April 21, 2017, Seekingalpha.com published: “Cal-Maine Foods: Not Good” on July 18, 2016. More interesting news about Cal-Maine Foods Inc (NASDAQ:CALM) were released by: Seekingalpha.com and their article: “Cal-Maine Foods – Tough Times For Now, Green Shoots On The Arrival?” published on March 30, 2017 as well as Seekingalpha.com‘s news article titled: “Deep Value With Cal-Maine Foods” with publication date: May 08, 2017.

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.