Csenge Advisory Group bought a new position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,070 shares of the basic materials company's stock, valued at approximately $1,836,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Cal-Maine Foods by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 4,905,606 shares of the basic materials company's stock worth $504,885,000 after purchasing an additional 118,162 shares in the last quarter. American Century Companies Inc. grew its holdings in Cal-Maine Foods by 12.7% in the 4th quarter. American Century Companies Inc. now owns 1,266,621 shares of the basic materials company's stock valued at $130,361,000 after buying an additional 143,189 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings 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 valued at $102,801,000 after buying an additional 104,512 shares in the last quarter. Northern Trust Corp grew its holdings in Cal-Maine Foods by 60.2% in the 4th quarter. Northern Trust Corp now owns 674,335 shares of the basic materials company's stock valued at $69,403,000 after buying an additional 253,310 shares in the last quarter. Finally, Man Group plc grew its holdings in Cal-Maine Foods by 258.7% in the 4th quarter. Man Group plc now owns 582,711 shares of the basic materials company's stock valued at $59,973,000 after buying an additional 420,247 shares in the last quarter. Institutional investors and hedge funds own 84.67% of the company's stock.
Cal-Maine Foods Trading Down 1.8%
CALM traded down $1.91 during mid-day trading on Tuesday, hitting $104.26. 434,145 shares of the stock were exchanged, compared to its average volume of 767,495. The firm's fifty day moving average is $98.79 and its two-hundred day moving average is $97.67. Cal-Maine Foods, Inc. has a 1-year low of $63.37 and a 1-year high of $116.41. The company has a market cap of $5.11 billion, a PE ratio of 5.18 and a beta of 0.17.
Analysts Set New Price Targets
CALM has been the topic of several recent analyst reports. Wall Street Zen raised Cal-Maine Foods from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 5th. Stephens upped their price target on Cal-Maine Foods from $97.00 to $108.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 15th. Finally, BMO Capital Markets raised Cal-Maine Foods to a "hold" rating in a research note on Tuesday, May 6th.
Check Out Our Latest Stock Analysis on Cal-Maine Foods
Cal-Maine Foods Company Profile
(
Free Report)
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.
Read More
Before you consider Cal-Maine Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cal-Maine Foods wasn't on the list.
While Cal-Maine Foods currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
