Notable investment shifts have occurred in relation to The Hershey Company (HSY). Various investment firms, including Birmingham Capital Management Co. Inc. AL and Jefferies Financial Group Inc., have reduced their holdings, while others like GAMMA Investing LLC have purchased substantial shares. Several sell-offs have also been executed by individuals such as Jennifer Mccalman and Rep. Dan Newhouse. Positive actions include investments by Pacific Point Advisors LLC, UBS AM, and Confluence Investment Management LLC among others.
The company is seemingly drawing the interest of investors due to its robust dividend growth and potential as a profitable food stock. Despite some analysts expressing a bearish outlook and recommending a 'reduce' position, others see the recent sell-off as a functional opportunity for growth investors. Among perceived risks such as cocoa costs and leadership changes, Hershey has been proactive; recent announcements reveal their plan to roll out a new Chief Customer Officer, a CEO succession plan, and new Presidents of its confection and salty divisions.
The Hershey Company HSY News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 23:42:36 GMT - Rating 3 - Innovation 2 - Information 6 - Rumor -1
