Kellogg Co (K) Shares Declined While Shelton Capital Management Has Boosted Its Stake

March 14, 2018 - By Adrian Mccoy

Investors sentiment increased to 0.86 in Q3 2017. Its up 0.03, from 0.83 in 2017Q2. It improved, as 60 investors sold K shares while 205 reduced holdings. 47 funds opened positions while 180 raised stakes. 307.00 million shares or 3.54% more from 296.50 million shares in 2017Q2 were reported. 44,368 are owned by M&T Bancshares. Eagle Advsrs Ltd Liability Com, Texas-based fund reported 4,950 shares. 9,820 are held by Dillon Associate. 806 were reported by North Star Invest Mngmt. 5,362 are owned by Bryn Mawr Trust. Principal Fincl Group Inc stated it has 375,375 shares. Gotham Asset Mgmt Llc reported 0.39% of its portfolio in Kellogg Company (NYSE:K). 75,737 were accumulated by Adage Gp Ltd. Everence Management stated it has 0.15% in Kellogg Company (NYSE:K). 12 were accumulated by Patten Group Inc. Moreover, Ig Ltd has 0.02% invested in Kellogg Company (NYSE:K). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.08% or 141,379 shares in its portfolio. 1St Source Savings Bank reported 3,733 shares. Advsr Asset Inc owns 3,201 shares or 0% of their US portfolio. Cleararc Capital Inc invested in 0.06% or 6,374 shares.

Since December 13, 2017, it had 0 insider purchases, and 6 sales for $165.21 billion activity.

Shelton Capital Management increased its stake in Kellogg Co (K) by 22.07% based on its latest 2017Q3 regulatory filing with the SEC. Shelton Capital Management bought 54,500 shares as the company’s stock declined 2.57% while stock markets rallied. The institutional investor held 301,416 shares of the packaged foods company at the end of 2017Q3, valued at $18.80 million, up from 246,916 at the end of the previous reported quarter. Shelton Capital Management who had been investing in Kellogg Co for a number of months, seems to be bullish on the $23.96B market cap company. The stock decreased 0.75% or $0.52 during the last trading session, reaching $69.12. About 1.11M shares traded. Kellogg Company (NYSE:K) has declined 5.60% since March 14, 2017 and is downtrending. It has underperformed by 22.30% the S&P500.

Shelton Capital Management, which manages about $1.01B and $1.29 billion US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 79,772 shares to 97,474 shares, valued at $4.71M in 2017Q3, according to the filing. It also reduced its holding in Fluor Corp New (NYSE:FLR) by 75,100 shares in the quarter, leaving it with 57,027 shares, and cut its stake in Agilent Technologies Inc (NYSE:A).

More notable recent Kellogg Company (NYSE:K) news were published by: which released: “Kellogg Is Looking Very Tasty” on February 15, 2018, also with their article: “Team USA Snowboarder Chloe Kim To Be Featured On Gold Medal Edition Kellogg’s …” published on February 22, 2018, published: “Why Is Kellogg (K) Up 7.9% Since Its Last Earnings Report?” on March 12, 2018. More interesting news about Kellogg Company (NYSE:K) were released by: and their article: “Kellogg Company Celebrates International Women’s Day” published on March 06, 2018 as well as‘s news article titled: “Kellogg Company recognized on 2018 NAFE Top Companies for Executive Women” with publication date: March 06, 2018.

Kellogg Company (NYSE:K) Ratings Coverage

Among 26 analysts covering Kellogg Company (NYSE:K), 10 have Buy rating, 3 Sell and 13 Hold. Therefore 38% are positive. Kellogg Company had 71 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Kellogg Company (NYSE:K) has “Neutral” rating given on Wednesday, November 1 by UBS. As per Tuesday, October 31, the company rating was maintained by Piper Jaffray. On Monday, July 24 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Friday, October 13 by Morgan Stanley. The stock of Kellogg Company (NYSE:K) earned “Sector Perform” rating by RBC Capital Markets on Friday, August 4. RBC Capital Markets maintained Kellogg Company (NYSE:K) on Friday, August 5 with “Sector Perform” rating. As per Wednesday, November 1, the company rating was maintained by Buckingham Research. Credit Suisse downgraded the shares of K in report on Wednesday, December 7 to “Neutral” rating. As per Thursday, August 3, the company rating was maintained by Susquehanna. Deutsche Bank initiated Kellogg Company (NYSE:K) on Wednesday, February 15 with “Hold” rating.

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