Janus Capital Management LLC increased its position in AdvancePierre Foods Holdings Inc (NASDAQ:APFH) by 15.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,038,110 shares of the company’s stock after buying an additional 278,103 shares during the period. Janus Capital Management LLC owned about 2.61% of AdvancePierre Foods Holdings worth $63,528,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Canada Pension Plan Investment Board bought a new stake in shares of AdvancePierre Foods Holdings during the first quarter worth approximately $3,117,000. Wells Fargo & Company MN boosted its stake in shares of AdvancePierre Foods Holdings by 26.9% in the first quarter. Wells Fargo & Company MN now owns 114,164 shares of the company’s stock worth $3,558,000 after buying an additional 24,171 shares in the last quarter. KAMES CAPITAL plc boosted its stake in shares of AdvancePierre Foods Holdings by 26.6% in the first quarter. KAMES CAPITAL plc now owns 39,852 shares of the company’s stock worth $1,238,000 after buying an additional 8,365 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of AdvancePierre Foods Holdings by 304.6% in the first quarter. Nationwide Fund Advisors now owns 54,983 shares of the company’s stock worth $1,714,000 after buying an additional 41,394 shares in the last quarter. Finally, Diversified Trust Co bought a new stake in shares of AdvancePierre Foods Holdings during the first quarter worth approximately $246,000.

AdvancePierre Foods Holdings Inc (NASDAQ APFH) traded up 0.05% during trading on Wednesday, reaching $40.25. The company had a trading volume of 610,381 shares. AdvancePierre Foods Holdings Inc has a 12-month low of $22.99 and a 12-month high of $40.79. The stock has a 50 day moving average of $39.80 and a 200-day moving average of $31.64.

AdvancePierre Foods Holdings (NASDAQ:APFH) last released its quarterly earnings results on Wednesday, May 10th. The company reported $0.31 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.31. The firm had revenue of $402.73 million during the quarter, compared to analysts’ expectations of $419.87 million. During the same period in the prior year, the firm posted $0.34 earnings per share. AdvancePierre Foods Holdings’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, equities analysts forecast that AdvancePierre Foods Holdings Inc will post $1.33 EPS for the current fiscal year.

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A number of analysts have recently commented on the company. Zacks Investment Research raised AdvancePierre Foods Holdings from a “sell” rating to a “hold” rating in a research report on Monday, May 15th. BMO Capital Markets cut AdvancePierre Foods Holdings from an “outperform” rating to a “market perform” rating and upped their price objective for the company from $34.00 to $40.00 in a research report on Wednesday, April 26th. Wells Fargo & Company cut AdvancePierre Foods Holdings from an “outperform” rating to a “market perform” rating and set a $40.00 price objective on the stock. in a research report on Tuesday, May 9th. Finally, Barclays PLC reaffirmed a “hold” rating and issued a $33.00 price objective on shares of AdvancePierre Foods Holdings in a research report on Tuesday, March 14th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $32.00.

In other AdvancePierre Foods Holdings news, insider James L. Clough sold 12,020 shares of AdvancePierre Foods Holdings stock in a transaction on Monday, April 3rd. The shares were sold at an average price of $30.51, for a total value of $366,730.20. Following the transaction, the insider now directly owns 511,046 shares of the company’s stock, valued at $15,592,013.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO George F. Jr. Chappelle sold 24,865 shares of AdvancePierre Foods Holdings stock in a transaction on Thursday, April 6th. The stock was sold at an average price of $30.08, for a total transaction of $747,939.20. Following the completion of the transaction, the chief operating officer now directly owns 412,000 shares in the company, valued at $12,392,960. The disclosure for this sale can be found here. Insiders sold 64,010 shares of company stock worth $1,942,005 over the last ninety days.

AdvancePierre Foods Holdings Company Profile

AdvancePierre Foods Holdings, Inc is a producer and distributor of ready-to-eat sandwiches, sandwich components and other entrees and snacks. The Company operates through four segments. The Foodservice segment’s portfolio of products includes breakfast sandwiches, peanut butter and jelly sandwiches, Philly steaks, fully cooked hamburger-patties, country-fried steak, stuffed entrees and chicken tenders.

Institutional Ownership by Quarter for AdvancePierre Foods Holdings (NASDAQ:APFH)

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