Versor Investments LP Sells 6,157 Shares of Cal-Maine Foods, Inc. (NASDAQ:CALM)

Versor Investments LP decreased its holdings in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM - Free Report) by 60.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,024 shares of the basic materials company's stock after selling 6,157 shares during the quarter. Versor Investments LP's holdings in Cal-Maine Foods were worth $301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of CALM. Dimensional Fund Advisors LP grew its position in shares of Cal-Maine Foods by 4.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,616,011 shares of the basic materials company's stock valued at $159,863,000 after purchasing an additional 114,995 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Cal-Maine Foods by 5.5% during the 2nd quarter. Renaissance Technologies LLC now owns 2,115,624 shares of the basic materials company's stock valued at $129,286,000 after purchasing an additional 110,900 shares in the last quarter. American Century Companies Inc. grew its position in shares of Cal-Maine Foods by 8.9% during the 2nd quarter. American Century Companies Inc. now owns 1,013,713 shares of the basic materials company's stock valued at $61,948,000 after purchasing an additional 82,772 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Cal-Maine Foods during the 3rd quarter valued at $58,810,000. Finally, Janus Henderson Group PLC grew its position in shares of Cal-Maine Foods by 162.0% during the 1st quarter. Janus Henderson Group PLC now owns 62,572 shares of the basic materials company's stock valued at $3,681,000 after purchasing an additional 38,693 shares in the last quarter. Institutional investors own 84.67% of the company's stock.

Cal-Maine Foods Stock Down 0.0 %

NASDAQ:CALM traded down $0.01 during midday trading on Friday, hitting $90.43. The company had a trading volume of 407,799 shares, compared to its average volume of 602,156. Cal-Maine Foods, Inc. has a 52-week low of $45.07 and a 52-week high of $95.06. The stock's fifty day moving average price is $83.42 and its 200-day moving average price is $70.65. The company has a market capitalization of $4.43 billion, a PE ratio of 10.36 and a beta of -0.12.

Cal-Maine Foods (NASDAQ:CALM - Get Free Report) last announced its earnings results on Tuesday, October 1st. The basic materials company reported $3.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.36 by ($0.30). Cal-Maine Foods had a return on equity of 24.25% and a net margin of 16.09%. The company had revenue of $785.87 million during the quarter, compared to analysts' expectations of $704.65 million. During the same quarter last year, the firm posted $0.02 earnings per share. The firm's revenue was up 71.1% on a year-over-year basis. As a group, research analysts forecast that Cal-Maine Foods, Inc. will post 8.54 earnings per share for the current year.

Insider Buying and Selling at Cal-Maine Foods

In other Cal-Maine Foods news, VP Robert L. Holladay, Jr. sold 1,500 shares of the company's stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $70.93, for a total transaction of $106,395.00. Following the completion of the sale, the vice president now directly owns 16,754 shares in the company, valued at $1,188,361.22. This represents a 8.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 13.45% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on CALM. Stephens began coverage on shares of Cal-Maine Foods in a research report on Thursday, October 3rd. They issued an "equal weight" rating and a $82.00 target price for the company. StockNews.com upgraded shares of Cal-Maine Foods from a "hold" rating to a "buy" rating in a research report on Friday.

About Cal-Maine Foods

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names.