Pinnacle Foods Inc Del (NYSE:PF) Price Declined While York Capital Management Global Advisors Llc Lowered Its Position by $13.77 Million

May 17, 2018 - By Richard Doty

Pinnacle Foods Inc. (NYSE:PF) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.08. That’s change of 0.26, from 2017Q3’s 0.82. 41 investors sold all, 95 reduced holdings as PF ratio increased. 90 grew holdings while 57 funds took holdings. Funds hold 109.66 million shares thus 0.76% less from 2017Q3’s 110.51 million shares. Pinnacle Assocs Limited holds 0.01% in Pinnacle Foods Inc. (NYSE:PF) or 6,800 shs. State Of Alaska Department Of Revenue reported 13,720 shs stake. Grantham Mayo Van Otterloo Communications Lc reported 26,640 shs. Bancorporation Of Ny Mellon Corporation holds 678,796 shs or 0.01% of its capital. Hbk Invests Ltd Partnership stated it has 255,376 shs or 0.14% of all its holdings. Teacher Retirement Systems Of Texas invested in 41,071 shs or 0.02% of the stock. Northwestern Mutual Wealth holds 80 shs or 0% of its capital. Tci Wealth Advsr stated it has 0% in Pinnacle Foods Inc. (NYSE:PF). Fincl Architects reported 0.02% of its capital in Pinnacle Foods Inc. (NYSE:PF). New Mountain Vantage Advisers Limited Co holds 2.3% of its capital in Pinnacle Foods Inc. (NYSE:PF) for 509,416 shs. Forte Capital Limited Com Adv reported 0.07% stake. Mitsubishi Ufj Securities Limited accumulated 0.39% or 1,550 shs. Bluemountain Mgmt Ltd Liability reported 292,464 shs. Legal General Gp Plc has 0% invested in Pinnacle Foods Inc. (NYSE:PF). Parallax Volatility Advisers Limited Partnership owns 23,931 shs for 0% of their capital.

PF had 2 insider sales and 1 insider buy since March 7, 2018. This’s net activity of $456,580. Pant Muktesh also bought $1.14M worth of Pinnacle Foods Inc. (NYSE:PF) on Wednesday, March 7.

James Dinan’s holdings in Pinnacle Foods Inc Del (NYSE:PF) is reduced by 59.21% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock declined 9.45% with the market as York Capital Management Global Advisors Llc sold 254,914 shares. The consumer non-durables company announced $9.50 million value for the 2018Q1. Now the hedge fund run by James Dinan is holding 175,621 shares, compared to the 430,535 from the previous quarter. For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

James Dinan obtained a degree in economics from the University of Pennsylvania and from Harvard Business School an MBA. He began his career at Lufkin & Jenrette, Donaldson, employed for two years as an investment banker until 1983. Afterward he worked at Kellner Dileo & Co in merger arbitrage. Dinan in 1987 lost all of his savings on Black Monday, but in `1991 he returned and created his investment management company, York Capital Management, at a value of $3.6 million

Pinnacle Foods Inc. (NYSE:PF) Ratings Coverage

A total of 11 analysts rate Pinnacle Foods (NYSE:PF) as follows: 10 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 91% are bullish. (NYSE:PF) has 16 ratings reports on May 17, 2018 according to StockzIntelligence. On Friday, May 4 the firm earned “Overweight” rating by Morgan Stanley. On Friday, March 2 the stock of Pinnacle Foods Inc. (NYSE:PF) has “Overweight” rating given by Morgan Stanley. On Tuesday, March 13 the stock of Pinnacle Foods Inc. (NYSE:PF) has “Buy” rating given by Piper Jaffray. On Friday, May 4 the company was maintained by Deutsche Bank. On Thursday, December 21 the firm earned “Buy” rating by RBC Capital Markets. On Friday, March 2 Credit Suisse maintained the shares of PF in report with “Outperform” rating. On Wednesday, January 10 the company was maintained by Credit Suisse. On Tuesday, April 3 RBC Capital Markets maintained Pinnacle Foods Inc. (NYSE:PF) rating. RBC Capital Markets has “Buy” rating and $6400 target. On Friday, March 2 the rating was maintained by Buckingham Research with “Buy”. On Monday, April 30 the firm earned “Neutral” rating by Buckingham Research.

Pinnacle Foods Inc. manufactures, markets, and distributes branded convenience food products in North America.The company has $7.57 billion market cap. It operates through four divisions: Frozen, Grocery, Boulder, and Specialty.14.27 is the P/E ratio. The Frozen segment offers frozen vegetables, frozen complete bagged meals, frozen prepared seafood, frozen and refrigerated bagels, frozen pizza, full-calorie single-serve frozen dinners and entrées, and frozen pancakes/waffles/French toast under the Birds Eye, Birds Eye Voila!, Birds Eye Signature Skillets, Van de Kamp's, Mrs.

Pinnacle Foods Inc. (NYSE:PF) Institutional Investors Chart

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