Kellogg W K Foundation Trust Unloaded 150000 shares of Kellogg Company (NYSE:K) in Insider Trade

July 13, 2018 - By Mark Mitchell

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Kellogg W K Foundation Trust Insider Buy

Kellogg Co’s insider Kellogg W K Foundation Trust on the 13/07/2018 sold a total of 150,000 shares of the stock exchange listed company with market value of approximately $10,659,120 U.S. Dollars. This is calculated with average price per share of $71.1 U.S. Dollars. Kellogg W K Foundation Trust possess roughly 19.05 % of Kellogg Co’s stock market cap or 66.08 million shares. Considering the size of the trade, it is difficult to remain disregarded.

Kellogg Company (NYSE:K) Ratings Coverage

Among 12 analysts covering Kellogg (NYSE:K), 4 have Buy rating, 2 Sell and 6 Hold. Therefore 33% are positive. Kellogg has $91.0 highest and $6000 lowest target. $70’s average target is -1.64% below currents $71.17 stock price. Kellogg had 18 analyst reports since January 16, 2018 according to SRatingsIntel. The firm has “Neutral” rating by Credit Suisse given on Tuesday, February 6. The rating was maintained by RBC Capital Markets on Tuesday, April 24 with “Hold”. Credit Suisse maintained Kellogg Company (NYSE:K) on Monday, April 16 with “Hold” rating. Piper Jaffray upgraded the shares of K in report on Wednesday, February 28 to “Buy” rating. Morgan Stanley maintained the shares of K in report on Wednesday, April 18 with “Equal-Weight” rating. The stock has “Buy” rating by Citigroup on Friday, February 9. Morgan Stanley maintained the shares of K in report on Friday, February 9 with “Equal-Weight” rating. The firm has “Hold” rating by Wells Fargo given on Monday, May 7. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, May 4. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, May 4 report.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.05, from 0.91 in 2017Q4. It turned negative, as 56 investors sold Kellogg Company shares while 211 reduced holdings. 67 funds opened positions while 163 raised stakes. 304.23 million shares or 1.56% less from 309.07 million shares in 2017Q4 were reported.

Glenmede Tru Na has invested 0.07% in Kellogg Company (NYSE:K). Hl Financial Services Ltd Liability Corp holds 22,288 shares. New York State Teachers Retirement System stated it has 344,690 shares. The Connecticut-based Cubist Systematic Strategies Ltd Liability Corporation has invested 0.04% in Kellogg Company (NYSE:K). Panagora Asset Mngmt Inc holds 0.03% of its portfolio in Kellogg Company (NYSE:K) for 116,022 shares. Gulf Interest Commercial Bank (Uk) Limited invested 0.07% in Kellogg Company (NYSE:K). Mitsubishi Ufj Trust And Bk holds 608,691 shares or 0.07% of its portfolio. Cibc Mkts Corp holds 0.04% in Kellogg Company (NYSE:K) or 58,813 shares. Lazard Asset Management Limited Liability Company stated it has 119,081 shares or 0.01% of all its holdings. Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma invested in 2,333 shares. Tudor Et Al holds 13,514 shares or 0.03% of its portfolio. Acadian Asset Ltd Liability holds 0% of its portfolio in Kellogg Company (NYSE:K) for 180 shares. New England & Incorporated holds 0.57% or 13,160 shares. 4.85 million were accumulated by State Farm Mutual Automobile Insur Comm. Regions Financial Corp holds 21,195 shares.

Since January 24, 2018, it had 1 insider buy, and 11 sales for $107.35 million activity. The insider Khan Fareed A bought $499,150. BANATI AMIT sold $129,536 worth of stock.

The stock increased 0.69% or $0.49 during the last trading session, reaching $71.17. About 1.99 million shares traded. Kellogg Company (NYSE:K) has declined 10.25% since July 14, 2017 and is downtrending. It has underperformed by 22.82% the S&P500.

Kellogg Company manufactures and markets ready-to-eat cereal and convenience foods in the United States and internationally. The company has market cap of $24.69 billion. The firm operates through U.S. It has a 17.18 P/E ratio. Morning Foods, U.S.

Analysts await Kellogg Company (NYSE:K) to report earnings on August, 2. They expect $1.04 EPS, up 7.22 % or $0.07 from last year’s $0.97 per share. K’s profit will be $360.72M for 17.11 P/E if the $1.04 EPS becomes a reality. After $1.19 actual EPS reported by Kellogg Company for the previous quarter, Wall Street now forecasts -12.61 % negative EPS growth.

More important recent Kellogg Company (NYSE:K) news were published by: Seekingalpha.com which released: “Wall Street Breakfast: Bank Earnings On The Radar” on July 13, 2018, also Seekingalpha.com published article titled: “Kellogg Facing Shifting Consumer Preferences Head On”, Seekingalpha.com published: “Take Profits In Kellogg” on July 05, 2018. More interesting news about Kellogg Company (NYSE:K) was released by: Investorplace.com and their article: “Honey Smacks Salmonella Outbreak 2018: CDC Warns ‘Do Not Eat This Cereal'” with publication date: July 13, 2018.

Kellogg Company (NYSE:K) Institutional Positions Chart

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