Institutional investments in The Hershey Company (NYSE:HSY) have seen several significant shifts.
Investmark Advisory Group and
Quantinno Capital Management were among the parties buying stocks, boosting their holdings.
UBS Asset Management Americas was a notable buyer with a purchase of 453,428 stocks. Conversely, there were a number of sell-offs, such as by
Jefferies Financial Group and
Strategic Wealth Partners. New investment positions were also formed by entities like
Novem Group and
Wellington Wealth Strategies. Rumors circulated around a possible takeover of HSY, despite the company being dominantly controlled by institutional shareholders. Despite technical analyses indicating a sour outlook, its reputation as one of the best food stocks to buy persists. Tiffany Menyhart was named the new Chief Customer Officer, and Stacy Taffet as Chief Growth Officer, amidst an announced CEO succession plan. There have been developments in core divisions with new Presidents announced. Analysts’ consensus regarding HSY is mixed. Hershey’s continued dominance in dividend growth stocks has been noted. Some regard HSY as significantly overpriced, while conversely Deprince Race & Zollo Inc. reduced their stock holdings. Shares were procured by Deutsche Bank AG and Fullcircle Wealth LLC, while being sold off by parties like Crestline Management. The Hershey company recently made a foray into organic snacks with deal via LesserEvil. Hershey's CEO quit unexpectedly, creating potential upheaval in the company's leadership.
The Hershey Company HSY News Analytics from Thu, 05 Sep 2024 07:00:00 GMT to Sat, 24 May 2025 11:37:41 GMT -
Rating 2
- Innovation 4
- Information 7
- Rumor -3
