Media headlines about Kellogg (NYSE:K) have trended somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kellogg earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.5916737070095 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

Kellogg (NYSE:K) traded up $0.43 during midday trading on Tuesday, hitting $67.97. The company had a trading volume of 4,446,173 shares, compared to its average volume of 2,554,404. The company has a market capitalization of $22,797.74, a price-to-earnings ratio of 16.50, a PEG ratio of 2.66 and a beta of 0.52. Kellogg has a one year low of $58.76 and a one year high of $76.69. The company has a quick ratio of 0.43, a current ratio of 0.68 and a debt-to-equity ratio of 3.71.

Kellogg (NYSE:K) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $1.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.94 by $0.11. The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.22 billion. Kellogg had a return on equity of 73.92% and a net margin of 6.15%. The firm’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share. research analysts predict that Kellogg will post 4.04 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Thursday, November 30th. Kellogg’s payout ratio is 96.43%.

Several research firms recently weighed in on K. Piper Jaffray Companies set a $78.00 price target on Kellogg and gave the company a “buy” rating in a research report on Monday, August 7th. Royal Bank Of Canada lifted their price target on Kellogg from $79.00 to $81.00 and gave the company a “sector perform” rating in a research report on Monday, August 7th. Deutsche Bank restated a “hold” rating and set a $74.00 price target (up from $71.00) on shares of Kellogg in a research report on Wednesday, August 9th. BMO Capital Markets restated a “hold” rating and set a $78.00 price target on shares of Kellogg in a research report on Wednesday, September 6th. Finally, Argus upgraded Kellogg from a “hold” rating to a “buy” rating and set a $73.00 price target on the stock in a research report on Wednesday, November 22nd. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $71.15.

In related news, CEO Steven A. Cahillane acquired 15,930 shares of the stock in a transaction on Thursday, November 2nd. The stock was acquired at an average price of $62.70 per share, for a total transaction of $998,811.00. Following the completion of the purchase, the chief executive officer now owns 15,930 shares of the company’s stock, valued at $998,811. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Kellogg W. K. Foundation Trust sold 78,606 shares of Kellogg stock in a transaction on Monday, November 27th. The shares were sold at an average price of $65.14, for a total value of $5,120,394.84. The disclosure for this sale can be found here. Insiders have sold 349,754 shares of company stock valued at $22,304,119 in the last quarter. 1.30% of the stock is owned by company insiders.

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About Kellogg

Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Company’s principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods.

Insider Buying and Selling by Quarter for Kellogg (NYSE:K)

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