AdvancePierre Foods Holdings Inc (NASDAQ:APFH) announced a quarterly dividend on Friday, November 11th. Shareholders of record on Monday, November 21st will be given a dividend of 0.14 per share on Tuesday, December 6th. This represents a $0.56 annualized dividend and a yield of 2.18%. The ex-dividend date is Thursday, November 17th.

Shares of AdvancePierre Foods Holdings (NASDAQ:APFH) opened at 25.66 on Wednesday. The company has a market capitalization of $1.98 billion and a PE ratio of 15.48. The firm’s 50-day moving average price is $27.16 and its 200 day moving average price is $25.90. AdvancePierre Foods Holdings has a 1-year low of $22.99 and a 1-year high of $28.32.

AdvancePierre Foods Holdings (NASDAQ:APFH) last posted its quarterly earnings results on Wednesday, November 9th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by $0.02. The company had revenue of $393.65 million for the quarter, compared to the consensus estimate of $410.23 million. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.33 earnings per share. Equities analysts predict that AdvancePierre Foods Holdings will post $1.68 EPS for the current fiscal year.

A number of equities research analysts recently commented on the stock. Barclays PLC reaffirmed an “equal weight” rating and issued a $27.00 price target on shares of AdvancePierre Foods Holdings in a report on Tuesday, October 11th. BMO Capital Markets assumed coverage on shares of AdvancePierre Foods Holdings in a report on Tuesday, August 9th. They issued an “outperform” rating and a $29.00 price target on the stock. Credit Suisse Group AG assumed coverage on shares of AdvancePierre Foods Holdings in a report on Tuesday, August 9th. They issued an “outperform” rating and a $29.00 price target on the stock. Deutsche Bank AG assumed coverage on shares of AdvancePierre Foods Holdings in a report on Tuesday, August 9th. They issued a “buy” rating and a $28.00 price target on the stock. Finally, Wells Fargo & Co. assumed coverage on shares of AdvancePierre Foods Holdings in a report on Monday, August 15th. They issued an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $28.43.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APFH. Credit Suisse AG purchased a new position in AdvancePierre Foods Holdings during the third quarter worth approximately $1,036,000. Morgan Stanley purchased a new position in AdvancePierre Foods Holdings during the third quarter worth approximately $6,267,000. Northern Trust Corp purchased a new position in AdvancePierre Foods Holdings during the third quarter worth approximately $1,704,000. California State Teachers Retirement System purchased a new position in AdvancePierre Foods Holdings during the third quarter worth approximately $1,262,000. Finally, SG Americas Securities LLC purchased a new position in AdvancePierre Foods Holdings during the third quarter worth approximately $107,000.

AdvancePierre Foods Holdings Company Profile

AdvancePierre Foods Holdings, Inc, formerly Pierre Foods Holding Corporation, is a producer and distributor of sandwiches, sandwich components, and other entrees and snacks. The Company operates through segments, including Foodservice, which sells its products to national and regional distributors; Retail, which supplies its products to national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores; Convenience, which sells its products to national and regional convenience chains and vending providers, and Industrial, which includes sales to other food producers under short-term co-manufacturing agreements.

5 Day Chart for NASDAQ:APFH

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