Teachers Retirement System of The State of Kentucky Maintains Position in Cal-Maine Foods, Inc. (CALM)

Teachers Retirement System of The State of Kentucky maintained its stake in Cal-Maine Foods, Inc. (NASDAQ:CALM) during the first quarter, according to its most recent disclosure with the SEC. The firm owned 13,932 shares of the basic materials company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Cal-Maine Foods were worth $513,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Cal-Maine Foods during the fourth quarter worth about $9,300,000. Teachers Advisors LLC raised its stake in shares of Cal-Maine Foods by 1.2% in the fourth quarter. Teachers Advisors LLC now owns 50,492 shares of the basic materials company’s stock worth $2,230,000 after buying an additional 617 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Cal-Maine Foods by 0.8% in the first quarter. Louisiana State Employees Retirement System now owns 12,100 shares of the basic materials company’s stock worth $445,000 after buying an additional 100 shares in the last quarter. State of Alaska Department of Revenue raised its stake in shares of Cal-Maine Foods by 1.9% in the first quarter. State of Alaska Department of Revenue now owns 3,280 shares of the basic materials company’s stock worth $120,000 after buying an additional 60 shares in the last quarter. Finally, Personal Capital Advisors Corp raised its stake in shares of Cal-Maine Foods by 16.9% in the first quarter. Personal Capital Advisors Corp now owns 328,742 shares of the basic materials company’s stock worth $12,180,000 after buying an additional 47,603 shares in the last quarter. 61.26% of the stock is currently owned by institutional investors.

Cal-Maine Foods, Inc. (NASDAQ CALM) opened at 35.30 on Friday. Cal-Maine Foods, Inc. has a 52-week low of $33.40 and a 52-week high of $46.47. The firm’s 50 day moving average price is $36.90 and its 200 day moving average price is $38.03. The firm’s market cap is $1.71 billion.

Cal-Maine Foods (NASDAQ:CALM) last announced its quarterly earnings results on Monday, July 24th. The basic materials company reported ($0.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.42. The firm had revenue of $274.60 million during the quarter, compared to the consensus estimate of $271.33 million. Cal-Maine Foods had a negative return on equity of 8.57% and a negative net margin of 6.91%. The firm’s revenue was down 9.4% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.01) EPS. Equities research analysts anticipate that Cal-Maine Foods, Inc. will post $0.26 EPS for the current fiscal year.

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A number of equities research analysts recently issued reports on CALM shares. Goldman Sachs Group, Inc. (The) lowered Cal-Maine Foods from a “neutral” rating to a “sell” rating and set a $31.00 target price on the stock. in a research report on Friday, June 16th. Cleveland Research lowered Cal-Maine Foods from a “neutral” rating to an “underperform” rating and set a $30.00 target price on the stock. in a research report on Tuesday, May 30th. BidaskClub lowered Cal-Maine Foods from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, ValuEngine raised Cal-Maine Foods from a “strong sell” rating to a “sell” rating in a research report on Friday, June 2nd. Five research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. Cal-Maine Foods currently has an average rating of “Hold” and an average price target of $36.70.

About Cal-Maine Foods

Cal-Maine Foods, Inc is a producer and marketer of shell eggs in the United States. The Company operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. It offers shell eggs, including specialty and non-specialty eggs. It classifies cage free, organic and brown eggs as specialty products.

Institutional Ownership by Quarter for Cal-Maine Foods (NASDAQ:CALM)

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