Citigroup Inc. has a $37.71 million stake in Kellanova (NYSE: K), as multiple financial firms adjust their holdings in the company. Invesco Ltd and Prudential PLC among several others have reduced their shares. A noticeable volume of shares have been bought by Resona Asset Management Co. Ltd., JPMorgan Chase & Co., Koss Olinger Consulting LLC, Readystate Asset Management LP, and Headlands Technologies LLC. The company received a consensus rating of 'Hold' from analysts. Meanwhile, insider trading has been reported alongside discussions on an acquisition by Ferrero. A few entities including the National Bank of Canada FI and Envestnet Asset Management Inc. lowered their holdings. There are mixed opinions regarding the risk associated with Kellanova with certain investors indicating preferences for alternative stocks. The company's merger with Mars received regulatory approval boosting its shares, but also faces an EU Investigation. Kellanova's consistent dividend payments, recent earnings and revenues that lag estimates, and comparison with other stocks in the market equate to a mixed outlook for investors.
Kellanova Stocks K News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sun, 17 Aug 2025 01:20:54 GMT -
Rating 2
- Innovation -1
- Information 4
- Rumor 6
