Barclays PLC Sells 22,749 Shares of Cal-Maine Foods, Inc. (NASDAQ:CALM)

Barclays PLC trimmed its holdings in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM - Free Report) by 22.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 80,809 shares of the basic materials company's stock after selling 22,749 shares during the quarter. Barclays PLC owned approximately 0.16% of Cal-Maine Foods worth $8,317,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Cal-Maine Foods by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 4,905,606 shares of the basic materials company's stock worth $504,885,000 after buying an additional 118,162 shares during the period. American Century Companies Inc. grew its position in Cal-Maine Foods by 12.7% during the 4th quarter. American Century Companies Inc. now owns 1,266,621 shares of the basic materials company's stock worth $130,361,000 after purchasing an additional 143,189 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in Cal-Maine Foods by 11.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 998,844 shares of the basic materials company's stock worth $102,801,000 after purchasing an additional 104,512 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Cal-Maine Foods by 3.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 644,130 shares of the basic materials company's stock valued at $66,294,000 after purchasing an additional 22,939 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Cal-Maine Foods by 17.3% during the fourth quarter. Bank of New York Mellon Corp now owns 517,609 shares of the basic materials company's stock worth $53,272,000 after acquiring an additional 76,387 shares during the period. 84.67% of the stock is currently owned by hedge funds and other institutional investors.

Cal-Maine Foods Stock Up 0.2 %

Shares of CALM traded up $0.17 on Tuesday, hitting $95.67. 101,285 shares of the stock traded hands, compared to its average volume of 722,717. Cal-Maine Foods, Inc. has a 1 year low of $55.15 and a 1 year high of $116.41. The stock's 50 day moving average is $90.76 and its two-hundred day moving average is $97.01. The firm has a market capitalization of $4.69 billion, a P/E ratio of 7.45 and a beta of 0.11.

Cal-Maine Foods (NASDAQ:CALM - Get Free Report) last released its quarterly earnings results on Tuesday, April 8th. The basic materials company reported $10.38 EPS for the quarter, topping the consensus estimate of $5.79 by $4.59. Cal-Maine Foods had a return on equity of 33.69% and a net margin of 20.39%. The business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $953.76 million. During the same quarter in the previous year, the firm posted $3.00 earnings per share. The company's revenue was up 101.6% compared to the same quarter last year. Research analysts forecast that Cal-Maine Foods, Inc. will post 15.59 EPS for the current year.

Insider Activity at Cal-Maine Foods

In related news, insider Adolphus B. Baker sold 140,266 shares of Cal-Maine Foods stock in a transaction on Thursday, April 17th. The stock was sold at an average price of $90.60, for a total value of $12,708,099.60. Following the transaction, the insider now directly owns 1,319,034 shares in the company, valued at $119,504,480.40. The trade was a 9.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 13.45% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. StockNews.com raised shares of Cal-Maine Foods from a "hold" rating to a "buy" rating in a report on Thursday, April 24th. Stephens restated an "equal weight" rating and issued a $97.00 target price on shares of Cal-Maine Foods in a report on Wednesday, April 23rd.

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.