Heartland Advisors Inc. Has $111,000 Holdings in Cal-Maine Foods, Inc. (NASDAQ:CALM)

Heartland Advisors Inc. trimmed its position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM - Free Report) by 98.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,082 shares of the basic materials company's stock after selling 91,586 shares during the period. Heartland Advisors Inc.'s holdings in Cal-Maine Foods were worth $111,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP grew its stake in shares of Cal-Maine Foods by 32.5% in the 3rd quarter. Quarry LP now owns 770 shares of the basic materials company's stock valued at $58,000 after buying an additional 189 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Cal-Maine Foods by 339.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,032 shares of the basic materials company's stock worth $105,000 after acquiring an additional 797 shares in the last quarter. Daiwa Securities Group Inc. acquired a new position in shares of Cal-Maine Foods during the 4th quarter worth $134,000. GAMMA Investing LLC raised its holdings in shares of Cal-Maine Foods by 24.3% during the 4th quarter. GAMMA Investing LLC now owns 1,368 shares of the basic materials company's stock valued at $141,000 after purchasing an additional 267 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Cal-Maine Foods by 350.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,437 shares of the basic materials company's stock valued at $148,000 after purchasing an additional 1,118 shares during the last quarter. Hedge funds and other institutional investors own 84.67% of the company's stock.

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Cal-Maine Foods Price Performance

Shares of NASDAQ CALM traded up $0.50 during trading hours on Tuesday, hitting $91.40. 890,189 shares of the stock were exchanged, compared to its average volume of 686,181. The firm has a market capitalization of $4.48 billion, a P/E ratio of 7.11 and a beta of -0.12. Cal-Maine Foods, Inc. has a one year low of $55.00 and a one year high of $116.41. The company's 50 day moving average is $96.69 and its 200 day moving average is $94.75.

Cal-Maine Foods (NASDAQ:CALM - Get Free Report) last released its quarterly earnings results on Tuesday, January 7th. The basic materials company reported $4.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.05 by $0.42. Cal-Maine Foods had a net margin of 20.39% and a return on equity of 33.69%. The company had revenue of $954.70 million during the quarter, compared to analysts' expectations of $751.50 million. During the same period in the prior year, the company earned $0.35 earnings per share. The business's quarterly revenue was up 82.5% compared to the same quarter last year. Research analysts anticipate that Cal-Maine Foods, Inc. will post 15.59 earnings per share for the current fiscal year.

Insider Buying and Selling at Cal-Maine Foods

In other Cal-Maine Foods news, Director Letitia Callender Hughes sold 809 shares of the firm's stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $109.97, for a total value of $88,965.73. Following the sale, the director now directly owns 42,761 shares in the company, valued at $4,702,427.17. This trade represents a 1.86 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 13.45% of the company's stock.

Wall Street Analyst Weigh In

CALM has been the topic of several analyst reports. Stephens reissued an "equal weight" rating and set a $97.00 target price on shares of Cal-Maine Foods in a research report on Thursday, March 6th. StockNews.com lowered Cal-Maine Foods from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th.

Cal-Maine Foods Company Profile

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.