Pilgrim's Pride Corporation (PPC) : New Amsterdam Partnersny scooped up 47,758 additional shares in Pilgrim's Pride Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 128,431 shares of Pilgrim's Pride Corporation which is valued at $2,973,178.Pilgrim's Pride Corporation makes up approximately 0.69% of New Amsterdam Partnersny’s portfolio.
Other Hedge Funds, Including , Chicago Equity Partners added PPC to its portfolio by purchasing 45,980 company shares during the most recent quarter which is valued at $1,069,035. Pilgrim's Pride Corporation makes up approx 0.03% of Chicago Equity Partners’s portfolio. First New York Securities Ny sold out all of its stake in PPC during the most recent quarter. The investment firm sold 4,375 shares of PPC which is valued $106,400.Horrell Capital Management reduced its stake in PPC by selling 138 shares or 0.51% in the most recent quarter. The Hedge Fund company now holds 26,862 shares of PPC which is valued at $653,284. Pilgrim's Pride Corporation makes up approx 0.41% of Horrell Capital Management’s portfolio. Old Mutual Global Investors (uk) Ltd. added PPC to its portfolio by purchasing 37,644 company shares during the most recent quarter which is valued at $948,252. Pilgrim's Pride Corporation makes up approx 0.02% of Old Mutual Global Investors (uk) Ltd.’s portfolio.
Pilgrim's Pride Corporation opened for trading at $23.23 and hit $23.44 on the upside on Thursday, eventually ending the session at $23.3, with a gain of 0.65% or 0.15 points. The heightened volatility saw the trading volume jump to 8,05,930 shares. Company has a market cap of $5,930 M.
On the company’s financial health, Pilgrim's Pride Corporation reported $0.60 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.64. The company had revenue of $2028.00 million for the quarter, compared to analysts expectations of $2036.27 million. The company’s revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.94 EPS.
Many Wall Street Analysts have commented on Pilgrim's Pride Corporation. Pilgrim's Pride Corporation was Downgraded by BB&T Capital Mkts to ” Hold” on May 25, 2016.
Pilgrim’s Pride Corporation (Pilgrim’s) is a producer of Chicken products. The Company is a producer and seller of chicken products with operations in the United States Mexico and Puerto Rico. The Company is engaged in the production processing marketing and distribution of fresh frozen and value-added chicken products to retailers distributors and foodservice operators. Its fresh chicken products include refrigerated (non-frozen) whole chickens whole cut-up chickens and selected chicken parts that are either marinated or non-marinated. Its prepared chicken products include fully cooked ready-to-cook and individually frozen chicken parts strips nuggets and patties. The Company focuses on foodservice industry principally chain restaurants and food processors such as Chick-fil-A and Yum! Brands; distributors such as US Foods and Sysco and retail customers including grocery store chains and wholesale clubs such as Kroger Wal-Mart Costco Publix and Sam’s Club.