Sanderson Farms INC (SAFM) Valuation Declined While James Investment Research INC Boosted Holding

April 17, 2018 - By Dolores Ford

Sanderson Farms, Inc. (NASDAQ:SAFM) LogoInvestors sentiment increased to 1.04 in 2017 Q4. Its up 0.17, from 0.87 in 2017Q3. It is positive, as 32 investors sold SAFM shares while 91 reduced holdings. 45 funds opened positions while 83 raised stakes. 23.31 million shares or 6.24% more from 21.94 million shares in 2017Q3 were reported. 225 were reported by Carroll Financial Associates. Aperio Group Inc Ltd Co invested 0.07% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Fmr Limited Liability Com owns 31,512 shares for 0% of their portfolio. Schroder Investment Mngmt Gp reported 201,648 shares. First Manhattan Co has invested 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). Natixis accumulated 22,447 shares. Citigroup Incorporated holds 52,478 shares. Dekabank Deutsche Girozentrale holds 0.02% or 22,289 shares. Mutual Of America Cap Mngmt Ltd Liability Company invested 0.04% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). James Research has 206,713 shares. Pacad Investment Limited holds 0.3% in Sanderson Farms, Inc. (NASDAQ:SAFM) or 9,601 shares. New Mexico Educational Retirement Board has 5,000 shares for 0.03% of their portfolio. Alphamark Ltd Liability Corp has invested 0.32% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Bnp Paribas Arbitrage invested in 0.02% or 67,429 shares. Liberty Mutual Grp Asset Management owns 5,081 shares or 0.02% of their US portfolio.

Since February 23, 2018, it had 0 insider purchases, and 1 insider sale for $90,285 activity.

James Investment Research Inc increased its stake in Sanderson Farms Inc (SAFM) by 19.35% based on its latest 2017Q4 regulatory filing with the SEC. James Investment Research Inc bought 33,518 shares as the company’s stock declined 13.17% with the market. The institutional investor held 206,713 shares of the consumer non-durables company at the end of 2017Q4, valued at $28.69 million, up from 173,195 at the end of the previous reported quarter. James Investment Research Inc who had been investing in Sanderson Farms Inc for a number of months, seems to be bullish on the $2.63B market cap company. The stock decreased 0.23% or $0.27 during the last trading session, reaching $114.98. About 164,244 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has risen 19.74% since April 17, 2017 and is uptrending. It has outperformed by 8.19% the S&P500.

James Investment Research Inc, which manages about $5.64 billion and $2.92B US Long portfolio, decreased its stake in Chesapeake Energy (NYSE:CHK) by 2.17M shares to 581,775 shares, valued at $2.30M in 2017Q4, according to the filing. It also reduced its holding in Western Digital Corp (NASDAQ:WDC) by 111,741 shares in the quarter, leaving it with 34,678 shares, and cut its stake in Ishares Silver Trust Etf (SLV).

Sanderson Farms, Inc. (NASDAQ:SAFM) Ratings Coverage

Among 8 analysts covering Sanderson Farms (NASDAQ:SAFM), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Sanderson Farms had 13 analyst reports since October 31, 2017 according to SRatingsIntel. Mizuho maintained Sanderson Farms, Inc. (NASDAQ:SAFM) on Thursday, February 22 with “Hold” rating. On Friday, February 23 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Barclays Capital maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Monday, February 26. Barclays Capital has “Equal-Weight” rating and $135 target. On Thursday, February 22 the stock rating was maintained by Stephens with “Hold”. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) earned “Hold” rating by BMO Capital Markets on Friday, December 15. Buckingham Research maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Wednesday, April 11. Buckingham Research has “Neutral” rating and $104 target. The firm has “Buy” rating given on Wednesday, February 28 by Vertical Group. As per Thursday, February 15, the company rating was maintained by BMO Capital Markets. BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) on Thursday, November 16 with “Hold” rating. As per Tuesday, February 27, the company rating was maintained by Morgan Stanley.

Sanderson Farms, Inc. (NASDAQ:SAFM) Institutional Positions Chart

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