As Sanderson Farms INC (SAFM) Stock Price Declined, James Investment Research INC Has Boosted Its Position by $4.63 Million

April 17, 2018 - By Linda Rogers

Sanderson Farms, Inc. (NASDAQ:SAFM) LogoInvestors sentiment increased to 1.04 in 2017 Q4. Its up 0.17, from 0.87 in 2017Q3. It improved, as 32 investors sold SAFM shares while 91 reduced holdings. 45 funds opened positions while 83 raised stakes. 23.31 million shares or 6.24% more from 21.94 million shares in 2017Q3 were reported. Kwmg Lc reported 17,493 shares. Indexiq Advsrs Limited Liability Company stated it has 0.14% in Sanderson Farms, Inc. (NASDAQ:SAFM). Tower Research Capital Lc (Trc) reported 90 shares stake. Moreover, Pnc Financial Serv Grp has 0% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Dupont Capital Mngmt Corp holds 0.01% or 3,700 shares. Luminus Mngmt Ltd Liability Corporation invested in 0.06% or 20,000 shares. Burney reported 12,450 shares. Moreover, Strs Ohio has 0% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 2,200 shares. Liberty Mutual Grp Asset holds 0.02% or 5,081 shares. Winfield accumulated 17 shares. Principal Financial Gp Incorporated reported 99,384 shares. Montag A invested 0.07% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Manufacturers Life Insur The owns 48,735 shares. Bessemer Gp Inc, New Jersey-based fund reported 56,460 shares. 206,713 are owned by James Invest Rech Incorporated.

Since February 23, 2018, it had 0 insider purchases, and 1 insider sale for $90,285 activity.

James Investment Research Inc increased its stake in Sanderson Farms Inc (SAFM) by 19.35% based on its latest 2017Q4 regulatory filing with the SEC. James Investment Research Inc bought 33,518 shares as the company’s stock declined 13.17% with the market. The institutional investor held 206,713 shares of the consumer non-durables company at the end of 2017Q4, valued at $28.69M, up from 173,195 at the end of the previous reported quarter. James Investment Research Inc who had been investing in Sanderson Farms Inc for a number of months, seems to be bullish on the $2.63B market cap company. The stock decreased 0.23% or $0.27 during the last trading session, reaching $114.98. About 164,244 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has risen 19.74% since April 17, 2017 and is uptrending. It has outperformed by 8.19% the S&P500.

James Investment Research Inc, which manages about $5.64B and $2.92 billion US Long portfolio, decreased its stake in Chesapeake Energy (NYSE:CHK) by 2.17 million shares to 581,775 shares, valued at $2.30 million in 2017Q4, according to the filing. It also reduced its holding in Lockheed Martin (NYSE:LMT) by 60,216 shares in the quarter, leaving it with 18,917 shares, and cut its stake in Pinnacle West Capital (NYSE:PNW).

Sanderson Farms, Inc. (NASDAQ:SAFM) Ratings Coverage

Among 8 analysts covering Sanderson Farms (NASDAQ:SAFM), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Sanderson Farms had 13 analyst reports since October 31, 2017 according to SRatingsIntel. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) earned “Neutral” rating by Buckingham Research on Wednesday, April 11. The firm has “Market Perform” rating given on Friday, February 23 by BMO Capital Markets. Stephens maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Thursday, February 22. Stephens has “Hold” rating and $130.0 target. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, February 27. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) has “Hold” rating given on Thursday, November 16 by BMO Capital Markets. Vertical Group upgraded the shares of SAFM in report on Wednesday, February 28 to “Buy” rating. The rating was maintained by BMO Capital Markets on Friday, December 15 with “Hold”. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, February 15. As per Monday, February 26, the company rating was maintained by Barclays Capital. The firm has “Hold” rating by Mizuho given on Thursday, February 22.

Sanderson Farms, Inc. (NASDAQ:SAFM) Institutional Positions Chart

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