Finally, Louisiana State Employees Retirement System raised its position in Snyder's-Lance by 1.9% in the first quarter. (NASDAQ:LNCE) by 9.8% during the first quarter, according to its most recent filing with the SEC.
Several hedge funds and other institutional investors have recently bought and sold shares of LNCE. Victory Capital Management Inc. increased its position in shares of Snyder's-Lance by 27.9% in the first quarter. BlackRock Inc. now owns 8,520,053 shares of the company's stock valued at $343,444,000 after buying an additional 8,469,099 shares during the period. Neuburgh Advisers LLC raised its stake in shares of Snyder's-Lance by 21.6% in the first quarter. Neuburgh Advisers LLC now owns 4,708 shares of the company's stock worth $190,000 after buying an additional 836 shares during the last quarter.
07/18/2017 - Snyder's-Lance, Inc. had its "neutral" rating reiterated by analysts at UBS. Fisher Asset Management LLC increased its position in shares of Snyder's-Lance by 110.2% in the second quarter. Schwab Charles Investment Management Inc. raised its position in shares of Snyder's-Lance by 8.2% in the first quarter.
Snyder's-Lance, Inc., launched on December 14, 1926, is a snack food company.
Snyder's-Lance (LNCE) opened at 37.44 on Tuesday.
The P/E ratio is now 99.81 and market cap is 3.55B.
Shares last traded at $36.99 a bit higher than the 50 day moving average which is $35.25 and which is a tad under the 200 day moving average of $37.21. About shares traded. Snyder's-Lance Inc (NASDAQ:LNCE) has risen 22.79% since August 10, 2016 and is uptrending. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.01. The business had revenue of $579.60 million during the quarter, compared to the consensus estimate of $565.66 million. Snyder's-Lance had a net margin of 2.25% and a return on equity of 5.36%. The company's quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.28 EPS. On average, equities research analysts forecast that Snyder's-Lance, Inc. will post $1.12 EPS for the current fiscal year.
Day care driver involved in toddler's hot vehicle death arrested, charged
Nesmith said Thornton could not answer whether any changes were made at the facility after the violations were flagged. Orlando police crime scene investigators said the van, at noon, would have reached between 115 and 144 degrees.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Tuesday, August 22nd will be given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.71%. It fall, as 21 investors sold Snyder's-Lance Inc shares while 68 reduced holdings.
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A number of research firms have recently commented on LNCE.
Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Snyder's-Lance, Inc. BMO Capital Markets increased their price objective on shares of Snyder's-Lance from $38.00 to $43.00 and gave the stock an "outperform" rating in a research report on Wednesday.
05/25/2016 - KeyBanc began new coverage on Snyder's-Lance, Inc. giving the company a "sector weight" rating.
Snyder's-Lance, Inc. has a consensus outperform rating from 7 Wall Street analysts, and the number of shares now sold short amount to at least 9.82% of shares outstanding. The company presently has an average rating of "Hold" and a consensus price target of $39.00. The stock was purchased at an average price of $37.10 per share, with a total value of $37,100.00.
Torch Wealth Management LLC held its stake in Snyder's-Lance, Inc. The Company is involved in the manufacturing, distribution, marketing and sale of snack food products.
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