Out of 13 analysts covering Pinnacle Foods Inc (NYSE:PF), 6 rate it “Buy”, 0 “Sell”, while 7 “Hold”. This means 46% are positive. Pinnacle Foods Inc was the topic in 5 analyst reports since October 19, 2015 according to StockzIntelligence Inc. Below is a list of Pinnacle Foods Inc (NYSE:PF) latest ratings and price target changes.
24/02/2016 Broker: UBS Rating: Neutral New Target: $44.00 Initiate
11/12/2015 Broker: DA Davidson Rating: Neutral New Target: $47 Initiate
25/11/2015 Broker: RBC Capital Markets Rating: Outperform Old Target: $45.00 New Target: $49.00 Maintain
30/10/2015 Broker: BMO Capital Markets Rating: Market Perform Old Target: $40 New Target: $42 Maintain
19/10/2015 Broker: Buckingham Research Rating: Neutral Initiate
The stock increased 2.48% or $1.05 during the last trading session, hitting $43.34. About 1.33 million shares traded hands or 23.15% up from the average. Pinnacle Foods Inc (NYSE:PF) has declined 4.71% since July 22, 2015 and is downtrending. It has outperformed by 4.23% the S&P500.
Pinnacle Foods Inc. is a manufacturer, marketer and distributor of food products in North America. The company has a market cap of $5.09 billion. The Company’s products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs in the United States and Canada, as well as in military channels and foodservice locations. It has 29.97 P/E ratio. The Firm operates through three divisions: the Birds Eye Frozen segment, the Duncan Hines Grocery segment and the Specialty Foods segment.
The institutional sentiment increased to 1.44 in 2015 Q3. Its up 0.10, from 1.34 in 2015Q2. The ratio is positive, as 32 funds sold all Pinnacle Foods Inc shares owned while 78 reduced positions. 51 funds bought stakes while 107 increased positions. They now own 100.90 million shares or 9.76% less from 111.82 million shares in 2015Q2.
Ratan Capital Management Lp holds 9.15% of its portfolio in Pinnacle Foods Inc for 999,330 shares. Numina Capital Management Llc owns 233,300 shares or 3.06% of their US portfolio. Moreover, Levin Capital Strategies L.P. has 2.98% invested in the company for 4.17 million shares. The Colorado-based Three Peaks Capital Management Llc has invested 2.66% in the stock. Maverick Capital Ltd, a Texas-based fund reported 3.69 million shares.
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