Avalon Global Asset Management Raised Its Lululemon Athletica (LULU) Stake by $2.71 Million as Valuation Rose; Symons Capital Management Holding in Hershey Company (HSY) Trimmed as Market Valuation Declined

May 25, 2018 - By Richard Conner

The Hershey Company (NYSE:HSY) Logo

Symons Capital Management Inc decreased its stake in Hershey Company (HSY) by 11.5% based on its latest 2017Q4 regulatory filing with the SEC. Symons Capital Management Inc sold 21,127 shares as the company’s stock declined 14.93% with the market. The institutional investor held 162,605 shares of the specialty foods company at the end of 2017Q4, valued at $18.46M, down from 183,732 at the end of the previous reported quarter. Symons Capital Management Inc who had been investing in Hershey Company for a number of months, seems to be less bullish one the $19.32B market cap company. The stock increased 0.73% or $0.67 during the last trading session, reaching $92.34. About 289,761 shares traded. The Hershey Company (NYSE:HSY) has declined 9.67% since May 25, 2017 and is downtrending. It has underperformed by 21.22% the S&P500.

Avalon Global Asset Management Llc increased its stake in Lululemon Athletica Inc (LULU) by 86.93% based on its latest 2017Q4 regulatory filing with the SEC. Avalon Global Asset Management Llc bought 34,770 shares as the company’s stock rose 0.29% while stock markets declined. The hedge fund held 74,770 shares of the apparel company at the end of 2017Q4, valued at $5.88M, up from 40,000 at the end of the previous reported quarter. Avalon Global Asset Management Llc who had been investing in Lululemon Athletica Inc for a number of months, seems to be bullish on the $14.46 billion market cap company. The stock increased 0.14% or $0.15 during the last trading session, reaching $106.56. About 719,846 shares traded. Lululemon Athletica Inc. (NASDAQ:LULU) has risen 22.77% since May 25, 2017 and is uptrending. It has outperformed by 11.22% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.07, from 1.06 in 2017Q3. It improved, as 49 investors sold HSY shares while 191 reduced holdings. 78 funds opened positions while 193 raised stakes. 107.20 million shares or 0.23% more from 106.96 million shares in 2017Q3 were reported. Corda Investment Mngmt Ltd Llc accumulated 107,211 shares or 1.46% of the stock. Caz Invests Ltd Partnership holds 2.1% of its portfolio in The Hershey Company (NYSE:HSY) for 8,245 shares. The Virginia-based Davenport And Limited Liability Co has invested 0.01% in The Hershey Company (NYSE:HSY). Moreover, Arizona State Retirement Sys has 0.1% invested in The Hershey Company (NYSE:HSY) for 88,824 shares. Ifc Holdings Fl invested 0.04% of its portfolio in The Hershey Company (NYSE:HSY). Bath Savings Co invested in 0.57% or 19,851 shares. The Illinois-based Vaughan David Invests Il has invested 0.01% in The Hershey Company (NYSE:HSY). Plante Moran Ltd Llc, Michigan-based fund reported 501 shares. 5,349 are held by Ingalls & Snyder Limited Com. Ballentine Prns Limited Com holds 0.02% or 2,594 shares in its portfolio. Profund Ltd Liability Com accumulated 3,641 shares. First Midwest Savings Bank Tru Division reported 8,536 shares. Cwm Limited Liability Co reported 0% in The Hershey Company (NYSE:HSY). Brick Kyle Assoc holds 1.03% or 11,202 shares in its portfolio. Estabrook Mngmt holds 550 shares.

Among 23 analysts covering The Hershey Company (NYSE:HSY), 2 have Buy rating, 6 Sell and 15 Hold. Therefore 9% are positive. The Hershey Company had 74 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 31 by Stifel Nicolaus. Tigress Financial downgraded the shares of HSY in report on Monday, July 11 to “Neutral” rating. The rating was upgraded by Societe Generale on Tuesday, February 28 to “Hold”. The stock of The Hershey Company (NYSE:HSY) earned “Market Perform” rating by Wells Fargo on Wednesday, August 5. The firm earned “Outperform” rating on Thursday, August 17 by Bernstein. Bank of America initiated the shares of HSY in report on Tuesday, August 30 with “Underperform” rating. JP Morgan upgraded the stock to “Overweight” rating in Wednesday, September 16 report. As per Wednesday, May 2, the company rating was downgraded by Argus Research. Tigress Financial upgraded The Hershey Company (NYSE:HSY) on Wednesday, March 9 to “Buy” rating. BMO Capital Markets maintained the shares of HSY in report on Wednesday, June 14 with “Hold” rating.

Analysts await The Hershey Company (NYSE:HSY) to report earnings on July, 25. They expect $1.11 earnings per share, up 1.83% or $0.02 from last year’s $1.09 per share. HSY’s profit will be $232.29M for 20.80 P/E if the $1.11 EPS becomes a reality. After $1.41 actual earnings per share reported by The Hershey Company for the previous quarter, Wall Street now forecasts -21.28% negative EPS growth.

Since January 26, 2018, it had 0 insider purchases, and 1 insider sale for $44,620 activity.

More notable recent The Hershey Company (NYSE:HSY) news were published by: Globenewswire.com which released: “Hershey Releases ‘Shopper’s World’ Retail Report” on May 17, 2018, also Globenewswire.com with their article: “Hershey Declares Quarterly Dividends” published on May 04, 2018, Seekingalpha.com published: “Hershey: Best Value Within Beaten Down Food Stocks” on May 21, 2018. More interesting news about The Hershey Company (NYSE:HSY) were released by: Globenewswire.com and their article: “Hershey Showcases Commitment to Growth at 2018 Sweets & Snacks Expo” published on May 17, 2018 as well as Benzinga.com‘s news article titled: “Hershey’s Ongoing Margin Concerns Force Argus To Downgrade Stock” with publication date: May 02, 2018.

More notable recent Lululemon Athletica Inc. (NASDAQ:LULU) news were published by: Benzinga.com which released: “Holiday Weekend Ahead After Another Course Of Retail Earnings, Geopolitics” on May 25, 2018, also Nasdaq.com with their article: “Lululemon Athletica Inc. Stock Is Due for a Drop After a Lulu of a Rally” published on May 01, 2018, Schaeffersresearch.com published: “Analyst Expects Higher Highs for Lululemon Stock” on May 07, 2018. More interesting news about Lululemon Athletica Inc. (NASDAQ:LULU) were released by: Seekingalpha.com and their article: “Investors take note of margin gains at Ralph Lauren” published on May 23, 2018 as well as Benzinga.com‘s news article titled: “5 Biggest Price Target Changes For Tuesday” with publication date: May 22, 2018.

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.12, from 1.2 in 2017Q3. It dropped, as 34 investors sold LULU shares while 100 reduced holdings. 65 funds opened positions while 80 raised stakes. 101.36 million shares or 3.64% less from 105.19 million shares in 2017Q3 were reported. Highbridge Capital Management Limited Liability Company invested in 0.03% or 19,468 shares. Loring Wolcott & Coolidge Fiduciary Advsr Limited Liability Partnership Ma has invested 0% in Lululemon Athletica Inc. (NASDAQ:LULU). Whittier Tru Co Of Nevada Incorporated invested in 0% or 165 shares. 285,922 were reported by D E Shaw And Company. Massachusetts Financial Ser Ma holds 649,630 shares or 0.02% of its portfolio. Cap Fund Mngmt holds 40,319 shares or 0.02% of its portfolio. Leucadia accumulated 35,000 shares. Manchester Mgmt Limited Liability Corp reported 100 shares. Cetera Advsr Limited Liability Corp holds 2,746 shares or 0.01% of its portfolio. Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.01% in Lululemon Athletica Inc. (NASDAQ:LULU). 9,594 are held by Franklin Inc. Art Advsrs Llc reported 152,800 shares. Natl Bank Of Montreal Can holds 0% of its portfolio in Lululemon Athletica Inc. (NASDAQ:LULU) for 34,246 shares. First Mercantile holds 0.13% or 8,300 shares in its portfolio. Edgewood Management Ltd reported 11,083 shares or 0% of all its holdings.

Since February 12, 2018, it had 0 insider buys, and 1 insider sale for $211.00 million activity.

Among 41 analysts covering Lululemon Athletica Inc. (NASDAQ:LULU), 22 have Buy rating, 1 Sell and 18 Hold. Therefore 54% are positive. Lululemon Athletica Inc. had 201 analyst reports since August 18, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Underperform” on Thursday, December 10. Credit Suisse maintained Lululemon Athletica Inc. (NASDAQ:LULU) on Wednesday, March 28 with “Outperform” rating. M Partners maintained the stock with “Buy” rating in Tuesday, January 12 report. The firm earned “Neutral” rating on Wednesday, December 9 by Mizuho. Nomura maintained Lululemon Athletica Inc. (NASDAQ:LULU) rating on Wednesday, March 28. Nomura has “Buy” rating and $9000 target. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) has “Overweight” rating given on Tuesday, August 2 by KeyBanc Capital Markets. The stock of Lululemon Athletica Inc. (NASDAQ:LULU) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, August 11. The rating was downgraded by Needham on Monday, April 23 to “Hold”. On Wednesday, December 6 the stock rating was maintained by Robert W. Baird with “Buy”. The rating was maintained by Deutsche Bank with “Hold” on Friday, September 11.

Avalon Global Asset Management Llc, which manages about $132.23M and $202.01 million US Long portfolio, decreased its stake in Alphabet Inc by 600 shares to 2,710 shares, valued at $2.84 million in 2017Q4, according to the filing. It also reduced its holding in Silicon Laboratories Inc (NASDAQ:SLAB) by 11,700 shares in the quarter, leaving it with 40,000 shares, and cut its stake in Apple Inc (Call) (NASDAQ:AAPL).

Lululemon Athletica Inc. (NASDAQ:LULU) Institutional Positions Chart

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