Green Dot (GDOT)’s Chief Revenue Officer Brett Narlinger Sold 4,672 Shares of the Company; Hormel Foods (HRL) Has 1.09 Sentiment

May 16, 2018 - By Marguerite Chambers

Green Dot Corporation (NYSE:GDOT) Logo

Sentiment for Hormel Foods Corp (HRL)

Hormel Foods Corp (HRL) investors sentiment increased to 1.09 in 2017 Q4. It’s up 0.17, from 0.92 in 2017Q3. The ratio is more positive, as 212 investment professionals increased or opened new positions, while 195 cut down and sold their holdings in Hormel Foods Corp. The investment professionals in our database now possess: 195.04 million shares, up from 191.01 million shares in 2017Q3. Also, the number of investment professionals holding Hormel Foods Corp in top ten positions was flat from 6 to 6 for the same number . Sold All: 38 Reduced: 157 Increased: 147 New Position: 65.

Ratings analysis reveals 75% of Hormel Foods’s analysts are positive. Out of 4 Wall Street analysts rating Hormel Foods, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. HRL was included in 4 notes of analysts from August 22, 2016. The rating was upgraded by Credit Suisse on Monday, August 22 to “Outperform”. Edward Jones upgraded Hormel Foods Corporation (NYSE:HRL) on Wednesday, August 24 to “Buy” rating. As per Friday, December 2, the company rating was initiated by KeyBanc Capital Markets. The stock of Hormel Foods Corporation (NYSE:HRL) has “Overweight” rating given on Monday, January 9 by Piper Jaffray.

Since January 1, 0001, it had 0 buys, and 10 insider sales for $10.12 million activity.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company has market cap of $19.26 billion. The firm operates in five divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It has a 21.51 P/E ratio. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products.

More important recent Hormel Foods Corporation (NYSE:HRL) news were published by: Seekingalpha.com which released: “Morgan Stanley warns on meat margins” on May 08, 2018, also Seekingalpha.com published article titled: “Retirement Strategy: I Am Done Being Wrong About This Market”, Seekingalpha.com published: “Hormel Foods: $40 Our Target” on April 17, 2018. More interesting news about Hormel Foods Corporation (NYSE:HRL) was released by: Fool.com and their article: “3 Dividend Investing Tips That Could Earn You Thousands” with publication date: May 15, 2018.

Analysts await Hormel Foods Corporation (NYSE:HRL) to report earnings on May, 24 before the open. They expect $0.45 earnings per share, up 15.38% or $0.06 from last year’s $0.39 per share. HRL’s profit will be $238.28M for 20.21 P/E if the $0.45 EPS becomes a reality. After $0.44 actual earnings per share reported by Hormel Foods Corporation for the previous quarter, Wall Street now forecasts 2.27% EPS growth.

Raub Brock Capital Management Lp holds 3.94% of its portfolio in Hormel Foods Corporation for 437,573 shares. Rk Asset Management Llc owns 121,327 shares or 3.73% of their US portfolio. Moreover, Mark Sheptoff Financial Planning Llc has 3.33% invested in the company for 140,842 shares. The Illinois-based Fairpointe Capital Llc has invested 3.22% in the stock. Mairs & Power Inc, a Minnesota-based fund reported 6.91 million shares.

The stock increased 1.17% or $0.42 during the last trading session, reaching $36.38. About 1.49M shares traded. Hormel Foods Corporation (HRL) has declined 1.70% since May 16, 2017 and is downtrending. It has underperformed by 13.25% the S&P500.

Investors sentiment increased to 1.49 in 2017 Q4. Its up 0.11, from 1.38 in 2017Q3. It increased, as 11 investors sold Green Dot Corporation shares while 67 reduced holdings. 42 funds opened positions while 74 raised stakes. 40.03 million shares or 2.12% more from 39.20 million shares in 2017Q3 were reported. Sawgrass Asset Mngmt Limited Liability Corporation holds 43,545 shares. Mason Street Advsrs Limited Com owns 11,896 shares or 0.02% of their US portfolio. Moreover, Millennium Management Lc has 0.02% invested in Green Dot Corporation (NYSE:GDOT) for 294,409 shares. Northern Corporation, a Illinois-based fund reported 589,096 shares. Sheets Smith Wealth Management has 6,434 shares. Pinebridge Invs L P reported 0.07% of its portfolio in Green Dot Corporation (NYSE:GDOT). Commercial Bank Of Montreal Can has invested 0% in Green Dot Corporation (NYSE:GDOT). Deutsche State Bank Ag has invested 0.01% in Green Dot Corporation (NYSE:GDOT). Acadian Asset Mgmt Ltd Company invested in 0.05% or 178,196 shares. State Board Of Administration Of Florida Retirement System owns 0% invested in Green Dot Corporation (NYSE:GDOT) for 28,801 shares. Suntrust Banks Inc, a Georgia-based fund reported 4,466 shares. Schwab Charles Inv Management Incorporated invested in 213,475 shares or 0.01% of the stock. Us Bancorporation De reported 0% stake. Spark Inv Management Ltd Llc invested in 6,400 shares or 0.02% of the stock. Legal & General Grp Public Limited Company owns 0% invested in Green Dot Corporation (NYSE:GDOT) for 93,114 shares.

Among 18 analysts covering Green Dot (NYSE:GDOT), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Green Dot has $8000 highest and $17 lowest target. $51.93’s average target is -27.93% below currents $72.05 stock price. Green Dot had 52 analyst reports since August 5, 2015 according to SRatingsIntel. As per Wednesday, August 9, the company rating was upgraded by William Blair. The firm earned “Buy” rating on Monday, November 13 by Jefferies. The rating was maintained by Cowen & Co with “Hold” on Friday, January 12. The firm earned “Hold” rating on Wednesday, October 11 by Cowen & Co. As per Monday, September 18, the company rating was maintained by Citigroup. Deutsche Bank maintained Green Dot Corporation (NYSE:GDOT) rating on Wednesday, August 9. Deutsche Bank has “Hold” rating and $42 target. The stock of Green Dot Corporation (NYSE:GDOT) earned “Neutral” rating by JP Morgan on Friday, August 14. The firm has “Buy” rating by Citigroup given on Tuesday, February 13. The firm has “Neutral” rating given on Tuesday, March 13 by Compass Point. The company was upgraded on Tuesday, February 16 by BTIG Research.

Analysts await Green Dot Corporation (NYSE:GDOT) to report earnings on August, 14. They expect $0.53 earnings per share, up 12.77% or $0.06 from last year’s $0.47 per share. GDOT’s profit will be $27.47M for 33.99 P/E if the $0.53 EPS becomes a reality. After $1.24 actual earnings per share reported by Green Dot Corporation for the previous quarter, Wall Street now forecasts -57.26% negative EPS growth.

Since December 11, 2017, it had 0 insider buys, and 30 selling transactions for $29.57 million activity. 12,495 shares valued at $824,474 were sold by Streit Steven W on Tuesday, May 8. $583,170 worth of Green Dot Corporation (NYSE:GDOT) was sold by Bridgforth-Hodges Glinda on Wednesday, February 28. On Monday, April 2 the insider Archer Kuan sold $1.72M. The insider Shifke Mark L sold $442,602. Another trade for 5,670 shares valued at $368,550 was made by Unruh Jess on Thursday, February 22. Dent Mary also sold $457,616 worth of Green Dot Corporation (NYSE:GDOT) shares.

More recent Green Dot Corporation (NYSE:GDOT) news were published by: Seekingalpha.com which released: “Green Dot soars after sizzling Q1” on May 10, 2018. Also Seekingalpha.com published the news titled: “Green Dot’s (GDOT) CEO Steve Streit on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018. Globenewswire.com‘s news article titled: “Report: Developing Opportunities within Haemonetics, Arena Pharmaceuticals, Xperi, MoneyGram International, Boot ..” with publication date: May 15, 2018 was also an interesting one.

Brett Narlinger – a clever insider in Green Dot Corp who acts as a Chief Revenue Officer — unloaded some 4,672 shares of Green Dot Corp, with their total value being placed at closely USD$ 338,309 calculated with average price per share of USD$ 72.4. This deal, which was filled on May 15, 2018 was unveiled in a filing with the DC-based SEC. Presently, Brett Narlinger owns 60,952 shares which are around 0.12% of the Company’s market cap.

Hormel Foods Corporation (NYSE:HRL) Institutional Positions Chart

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