Versor Investments LP Has $332,000 Position in Cal-Maine Foods, Inc. (NASDAQ:CALM)

Versor Investments LP lowered its position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM) by 19.9% in the fourth quarter, Holdings Channel reports. The firm owned 3,224 shares of the basic materials company’s stock after selling 800 shares during the period. Versor Investments LP’s holdings in Cal-Maine Foods were worth $332,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. acquired a new stake in shares of Cal-Maine Foods during the third quarter worth about $29,000. Quarry LP grew its position in shares of Cal-Maine Foods by 32.5% in the 3rd quarter. Quarry LP now owns 770 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 189 shares during the period. GAMMA Investing LLC increased its stake in Cal-Maine Foods by 24.3% during the 4th quarter. GAMMA Investing LLC now owns 1,368 shares of the basic materials company’s stock worth $141,000 after purchasing an additional 267 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Cal-Maine Foods by 350.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,437 shares of the basic materials company’s stock worth $148,000 after buying an additional 1,118 shares during the period. Finally, KBC Group NV lifted its stake in Cal-Maine Foods by 59.8% in the fourth quarter. KBC Group NV now owns 1,681 shares of the basic materials company’s stock valued at $173,000 after buying an additional 629 shares in the last quarter. Institutional investors own 84.67% of the company’s stock.

Insider Activity at Cal-Maine Foods

In related news, Director Letitia Callender Hughes sold 809 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $109.97, for a total transaction of $88,965.73. Following the transaction, the director now directly owns 42,761 shares in the company, valued at approximately $4,702,427.17. The trade was a 1.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 13.45% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CALM shares. StockNews.com raised shares of Cal-Maine Foods from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Stephens reiterated an “equal weight” rating and set a $97.00 target price on shares of Cal-Maine Foods in a report on Thursday, February 27th.

Cal-Maine Foods Stock Up 0.1 %

Shares of CALM opened at $90.46 on Tuesday. The company has a 50 day moving average of $103.68 and a 200-day moving average of $92.25. The stock has a market capitalization of $4.44 billion, a P/E ratio of 7.04 and a beta of -0.12. Cal-Maine Foods, Inc. has a twelve month low of $55.00 and a twelve month high of $116.41.

Cal-Maine Foods (NASDAQ:CALM) last issued its quarterly earnings results on Tuesday, January 7th. The basic materials company reported $4.47 EPS for the quarter, topping the consensus estimate of $4.05 by $0.42. The firm had revenue of $954.70 million for the quarter, compared to analysts’ expectations of $751.50 million. Cal-Maine Foods had a net margin of 20.39% and a return on equity of 33.69%. The company’s revenue for the quarter was up 82.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 EPS. On average, sell-side analysts anticipate that Cal-Maine Foods, Inc. will post 15.59 earnings per share for the current fiscal year.

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.