Kellanova (NYSE:
K) has seen a flurry of activity, with significant share transactions from notable companies and individuals.
Comerica Bank currently holds a $4.82M position in the company while several major shareholders, including
Janus Henderson Group PLC,
DekaBank Deutsche Girozentrale, and
Public Employees Retirement System of Ohio, have reduced their holdings.
Swedbank AB and
B. Riley Wealth Advisors Inc. recently increased their positions, as did
Price T Rowe Associates Inc. MD, with a notable $20.44M stock holding. Despite several shareholders reducing their investments, Kellanova's stock continues to garner positive attention, with
JPMorgan Chase & Co. and
Bank of America rating it favorably and increasing its price target. However, Kellanova managed to surpass Q2 earnings and revenue estimates, releasing FY 2024 earnings guidance. The company also declared a regular dividend of $0.57 per share, and its shares are reported undervalued, causing some analysts to predict its share price will ascend in the future.
Kellanova Stocks K News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Sun, 04 Aug 2024 19:11:44 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor -2
