Hershey Company (The) (NYSE:HSY) insider Michele Buck sold 400 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $108.00, for a total value of $43,200.00. Following the completion of the transaction, the insider now directly owns 164,897 shares in the company, valued at approximately $17,808,876. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Michele Buck also recently made the following trade(s):

  • On Wednesday, September 27th, Michele Buck sold 400 shares of Hershey Company (The) stock. The stock was sold at an average price of $108.00, for a total value of $43,200.00.
  • On Thursday, September 7th, Michele Buck sold 400 shares of Hershey Company (The) stock. The stock was sold at an average price of $108.00, for a total value of $43,200.00.

Shares of Hershey Company (NYSE HSY) traded up $0.83 on Monday, reaching $108.60. The company had a trading volume of 751,600 shares, compared to its average volume of 1,031,641. The stock has a market cap of $22,790.00, a PE ratio of 22.16, a price-to-earnings-growth ratio of 2.95 and a beta of 0.36. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.95 and a quick ratio of 0.55. Hershey Company has a twelve month low of $95.68 and a twelve month high of $116.49.

Hershey Company (The) (NYSE:HSY) last issued its quarterly earnings data on Thursday, October 26th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.04. The business had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Hershey Company (The) had a return on equity of 124.06% and a net margin of 9.52%. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.29 EPS. research analysts predict that Hershey Company will post 4.8 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 22nd will be paid a $0.656 dividend. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $2.62 dividend on an annualized basis and a yield of 2.42%. Hershey Company (The)’s dividend payout ratio is currently 85.34%.

Hershey Company (The) declared that its Board of Directors has authorized a share repurchase program on Thursday, October 26th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

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Several research firms have weighed in on HSY. Zacks Investment Research cut Hershey Company (The) from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. BMO Capital Markets reaffirmed a “hold” rating and set a $105.00 price target on shares of Hershey Company (The) in a research report on Friday, October 27th. UBS AG dropped their price target on Hershey Company (The) from $110.00 to $106.00 and set a “neutral” rating on the stock in a research report on Friday, October 27th. Citigroup Inc. upped their price target on Hershey Company (The) from $126.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Finally, Susquehanna Bancshares Inc set a $113.00 price target on Hershey Company (The) and gave the company a “hold” rating in a research report on Thursday, October 26th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. Hershey Company (The) has a consensus rating of “Hold” and a consensus price target of $113.35.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. OxFORD Asset Management LLP increased its stake in Hershey Company (The) by 636.9% in the 3rd quarter. OxFORD Asset Management LLP now owns 27,974 shares of the company’s stock worth $3,047,000 after acquiring an additional 24,178 shares during the last quarter. Tredje AP fonden increased its stake in Hershey Company (The) by 131.0% in the 3rd quarter. Tredje AP fonden now owns 23,083 shares of the company’s stock worth $2,520,000 after acquiring an additional 13,090 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in Hershey Company (The) by 12.2% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 4,870 shares of the company’s stock worth $532,000 after acquiring an additional 528 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Hershey Company (The) by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 315,134 shares of the company’s stock worth $34,401,000 after acquiring an additional 906 shares during the last quarter. Finally, Brown Advisory Inc. increased its stake in Hershey Company (The) by 15.0% in the 3rd quarter. Brown Advisory Inc. now owns 14,819 shares of the company’s stock worth $1,618,000 after acquiring an additional 1,929 shares during the last quarter. Institutional investors and hedge funds own 50.22% of the company’s stock.

Hershey Company (The) Company Profile

The Hershey Company is a producer of chocolate in North America. The Company’s principal product offerings include chocolate and non-chocolate confectionery products; gum and mint refreshment products; pantry items, such as baking ingredients and beverages, and snack items, such as spreads, meat snacks, bars and snack bites and mixes.

Insider Buying and Selling by Quarter for Hershey Company (The) (NYSE:HSY)

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