Cal-Maine Foods, Inc. (NASDAQ:CALM) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its stake in Cal-Maine Foods, Inc. (NASDAQ:CALM - Free Report) by 26.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,566 shares of the basic materials company's stock after selling 20,569 shares during the period. Janus Henderson Group PLC owned approximately 0.12% of Cal-Maine Foods worth $4,308,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its holdings in Cal-Maine Foods by 362.8% during the 2nd quarter. SG Americas Securities LLC now owns 15,801 shares of the basic materials company's stock valued at $966,000 after acquiring an additional 12,387 shares in the last quarter. AE Wealth Management LLC lifted its stake in Cal-Maine Foods by 267.4% in the 2nd quarter. AE Wealth Management LLC now owns 17,747 shares of the basic materials company's stock valued at $1,085,000 after buying an additional 12,917 shares in the last quarter. Main Street Financial Solutions LLC increased its position in Cal-Maine Foods by 47.6% during the second quarter. Main Street Financial Solutions LLC now owns 28,343 shares of the basic materials company's stock worth $1,732,000 after buying an additional 9,145 shares in the last quarter. Centiva Capital LP purchased a new stake in shares of Cal-Maine Foods in the third quarter valued at $491,000. Finally, Sanctuary Advisors LLC purchased a new stake in Cal-Maine Foods during the 2nd quarter worth about $368,000. 84.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CALM. Stephens began coverage on shares of Cal-Maine Foods in a research note on Thursday, October 3rd. They set an "equal weight" rating and a $82.00 price target on the stock. StockNews.com downgraded Cal-Maine Foods from a "buy" rating to a "hold" rating in a report on Saturday, November 23rd.

Cal-Maine Foods Price Performance

CALM stock traded up $1.56 on Wednesday, hitting $105.76. 617,432 shares of the company were exchanged, compared to its average volume of 591,601. The stock has a market capitalization of $5.19 billion, a price-to-earnings ratio of 12.11 and a beta of -0.10. The business's fifty day moving average is $92.60 and its two-hundred day moving average is $75.76. Cal-Maine Foods, Inc. has a twelve month low of $48.22 and a twelve month high of $105.98.

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

Cal-Maine Foods 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.