Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of B&G Foods by 134,853.6% in the first quarter. LS Investment Advisors LLC now owns 3,925 shares of the company's stock worth $158,000 after buying an additional 1,378 shares during the period. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&G Foods, Inc. with MarketBeat.com's FREE daily email newsletter. Channing Capital Management, LLC bolstered its stake by buying 151,188 shares an increase of 52.8% as of 06/30/2017. FMR LLC now owns 5,854,515 shares of the company's stock worth $235,645,000 after buying an additional 667,093 shares in the last quarter. Employees Retirement System of Texas bought a new position in shares of B&G Foods during the fourth quarter valued at $131,000. (BGS) have 66.48 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Finally, Edge Asset Management Inc. raised its stake in shares of B&G Foods by 14.4% in the first quarter. Thrivent Financial for Lutherans now owns 35,860 shares of the company's stock valued at $1,571,000 after buying an additional 2,190 shares in the last quarter.
B&G Foods, Inc.is a holding company. (BGS) traded down 1.50% during mid-day trading on Friday, hitting $36.05.
42K shares changed hands on Friday. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. The firm has a market cap of $2.42 billion, a PE ratio of 21.76 and a beta of 0.09.
The share price of the company (NYSE:BGS) was up +0.00% during the last trading session, with a high of 37.50 and the volume of B&G Foods, Inc. shares traded was 1050308. That value represents a market adjusting for revenues that have been growing by 18.39 % on a quarterly year/year basis as of the company's last quarterly report. The business had revenue of $417.90 million for the quarter, compared to analyst estimates of $413.35 million. B&G Foods, Inc. (NYSE:BGS) has declined 7.13% since July 26, 2016 and is downtrending.
B&G Foods (NYSE:BGS) last issued its earnings results on Thursday, May 4th. During the same quarter in the previous year, the business posted $0.65 earnings per share. On average, analysts anticipate that B&G Foods, Inc. will post $2.17 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. Shareholders of record on Friday, June 30th will be given a dividend of $0.465 per share. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC.
In recent action, B&G Foods, Inc.
Shares of B&G Foods, Inc. The rating was maintained by RBC Capital Markets with "Outperform" on Friday, April 29. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & worldwide trademark and copyright legislation. The legal version of this report can be viewed at https://sportsperspectives.com/2017/07/29/vanguard-group-inc-acquires-231982-shares-of-bg-foods-inc-bgs-updated-updated.html. (BGS) stake by 99.43% reported in 2016Q4 SEC filing. Zacks Investment Research upgraded B&G Foods from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 26th. Berenberg Bank assumed coverage on B&G Foods in a research report on Tuesday, May 16th. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Finally, Royal Bank Of Canada reiterated a "buy" rating and issued a $52.00 price target on shares of B&G Foods in a research note on Thursday, April 20th.
On July 20 the stock rating was upgraded from " to "Buy" by analysts at Citigroup. B&G Foods has an average rating of "Hold" and a consensus price target of $45.50.
The Q.i. Value of Where Food Comes From, Inc.