Mondrian Investment Partners LTD maintained its stake in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM) during the second quarter, according to its most recent filing with the SEC. The fund owned 86,454 shares of the basic materials company’s stock at the end of the second quarter. Mondrian Investment Partners LTD’s holdings in Cal-Maine Foods were worth $3,424,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. increased its stake in shares of Cal-Maine Foods by 22.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 226,366 shares of the basic materials company’s stock valued at $8,965,000 after buying an additional 42,128 shares in the last quarter. HL Financial Services LLC increased its stake in shares of Cal-Maine Foods by 12.5% in the second quarter. HL Financial Services LLC now owns 55,700 shares of the basic materials company’s stock valued at $2,206,000 after buying an additional 6,208 shares in the last quarter. TD Asset Management Inc. increased its stake in shares of Cal-Maine Foods by 40.8% in the second quarter. TD Asset Management Inc. now owns 52,412 shares of the basic materials company’s stock valued at $2,076,000 after buying an additional 15,200 shares in the last quarter. Texas Permanent School Fund increased its stake in shares of Cal-Maine Foods by 1.0% in the second quarter. Texas Permanent School Fund now owns 21,734 shares of the basic materials company’s stock valued at $861,000 after buying an additional 205 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Cal-Maine Foods by 138.3% in the second quarter. Bessemer Group Inc. now owns 3,649 shares of the basic materials company’s stock valued at $145,000 after buying an additional 2,118 shares in the last quarter. Institutional investors own 61.64% of the company’s stock.

Shares of Cal-Maine Foods, Inc. (NASDAQ CALM) opened at 36.30 on Friday. The stock’s market cap is $1.76 billion. The company’s 50-day moving average is $37.25 and its 200-day moving average is $38.25. Cal-Maine Foods, Inc. has a 12-month low of $33.40 and a 12-month high of $46.47.

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

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Several analysts have recently commented on the stock. BidaskClub upgraded shares of Cal-Maine Foods from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Goldman Sachs Group, Inc. (The) downgraded shares of Cal-Maine Foods from a “neutral” rating to a “sell” rating and set a $31.00 target price for the company. in a report on Friday, June 16th. ValuEngine upgraded shares of Cal-Maine Foods from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd. Finally, Cleveland Research downgraded shares of Cal-Maine Foods from a “neutral” rating to an “underperform” rating and set a $30.00 price objective for the company. in a report on Tuesday, May 30th. Five analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. Cal-Maine Foods currently has an average rating of “Hold” and a consensus target price of $36.70.

Cal-Maine Foods Company Profile

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.

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

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