Breaking: The Hershey (NYSE:HSY) Neutral Rating Maintained by UBS Today; The Target Price per Share is Set to $106

November 7, 2017 - By Marguerite Chambers

 Breaking: The Hershey (NYSE:HSY) Neutral Rating Maintained by UBS Today; The Target Price per Share is Set to $106

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.25, from 1.23 in 2017Q1. It is negative, as 45 investors sold Hershey Co shares while 217 reduced holdings. 64 funds opened positions while 194 raised stakes. 107.85 million shares or 0.45% more from 107.37 million shares in 2017Q1 were reported.

Asset Inc invested in 0.05% or 13,732 shares. Gulf International Comml Bank (Uk) owns 0.07% invested in Hershey Co (NYSE:HSY) for 45,576 shares. Creative Planning stated it has 0.01% in Hershey Co (NYSE:HSY). Bessemer has invested 0% in Hershey Co (NYSE:HSY). Assetmark Incorporated invested 0.02% in Hershey Co (NYSE:HSY). Bancshares Of America Corp De holds 0.03% of its portfolio in Hershey Co (NYSE:HSY) for 1.19M shares. Plante Moran Fincl Ltd Limited Liability Company holds 0.03% of its portfolio in Hershey Co (NYSE:HSY) for 488 shares. Sand Hill Ltd Com accumulated 33,206 shares. Bokf Na reported 0.01% stake. Howland Capital Limited holds 0.13% of its portfolio in Hershey Co (NYSE:HSY) for 13,906 shares. Legal General Gru Public Llc holds 0.07% of its portfolio in Hershey Co (NYSE:HSY) for 762,384 shares. Northwestern Mutual Wealth Mgmt stated it has 0.01% of its portfolio in Hershey Co (NYSE:HSY). Coho Prtnrs reported 0.01% stake. Iowa Bankshares, a Iowa-based fund reported 3,398 shares. The Ontario – Canada-based Ontario Teachers Pension Plan Board has invested 0.04% in Hershey Co (NYSE:HSY).

Since May 12, 2017, it had 0 buys, and 10 selling transactions for $11.82 million activity. O’Day Terence L sold $323,027 worth of Hershey Co (NYSE:HSY) on Thursday, June 15. PALMER ANTHONY J. had sold 7,000 shares worth $810,859. $519,534 worth of stock was sold by SHEDLARZ DAVID L on Wednesday, May 31. On Thursday, May 18 the insider Idrovo Javier H sold $577,390. WALLING KEVIN R sold 22,065 shares worth $2.54M.

The Hershey (NYSE:HSY) Rating Reaffirmed

In analysts note released this morning, UBS reconfirmed their Neutral rating on The Hershey (NYSE:HSY) shares. The target price per share gives a possible upside of 0.59 % from company’s current stock price.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.25, from 1.23 in 2017Q1. It is negative, as 45 investors sold Hershey Co shares while 217 reduced holdings. 64 funds opened positions while 194 raised stakes. 107.85 million shares or 0.45% more from 107.37 million shares in 2017Q1 were reported.

Asset Inc invested in 0.05% or 13,732 shares. Gulf International Comml Bank (Uk) owns 0.07% invested in Hershey Co (NYSE:HSY) for 45,576 shares. Creative Planning stated it has 0.01% in Hershey Co (NYSE:HSY). Bessemer has invested 0% in Hershey Co (NYSE:HSY). Assetmark Incorporated invested 0.02% in Hershey Co (NYSE:HSY). Bancshares Of America Corp De holds 0.03% of its portfolio in Hershey Co (NYSE:HSY) for 1.19M shares. Plante Moran Fincl Ltd Limited Liability Company holds 0.03% of its portfolio in Hershey Co (NYSE:HSY) for 488 shares. Sand Hill Ltd Com accumulated 33,206 shares. Bokf Na reported 0.01% stake. Howland Capital Limited holds 0.13% of its portfolio in Hershey Co (NYSE:HSY) for 13,906 shares. Legal General Gru Public Llc holds 0.07% of its portfolio in Hershey Co (NYSE:HSY) for 762,384 shares. Northwestern Mutual Wealth Mgmt stated it has 0.01% of its portfolio in Hershey Co (NYSE:HSY). Coho Prtnrs reported 0.01% stake. Iowa Bankshares, a Iowa-based fund reported 3,398 shares. The Ontario – Canada-based Ontario Teachers Pension Plan Board has invested 0.04% in Hershey Co (NYSE:HSY).

Since May 12, 2017, it had 0 buys, and 10 selling transactions for $11.82 million activity. O’Day Terence L sold $323,027 worth of Hershey Co (NYSE:HSY) on Thursday, June 15. PALMER ANTHONY J. had sold 7,000 shares worth $810,859. $519,534 worth of stock was sold by SHEDLARZ DAVID L on Wednesday, May 31. On Thursday, May 18 the insider Idrovo Javier H sold $577,390. WALLING KEVIN R sold 22,065 shares worth $2.54M.

Hershey Co (NYSE:HSY) Ratings Coverage

Among 18 analysts covering The Hershey Company (NYSE:HSY), 4 have Buy rating, 3 Sell and 11 Hold. Therefore 22% are positive. The Hershey Company has $130 highest and $82 lowest target. $103.38’s average target is -1.90% below currents $105.38 stock price. The Hershey Company had 52 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $11400 target in Friday, June 2 report. The firm has “Neutral” rating given on Monday, July 11 by Tigress Financial. RBC Capital Markets maintained it with “Sector Perform” rating and $114 target in Thursday, March 2 report. The stock of Hershey Co (NYSE:HSY) earned “Neutral” rating by JP Morgan on Tuesday, September 6. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, June 23 report. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, October 25. As per Tuesday, October 25, the company rating was initiated by Susquehanna. The stock has “Outperform” rating by Bernstein on Thursday, August 17. Stifel Nicolaus maintained Hershey Co (NYSE:HSY) on Thursday, August 31 with “Hold” rating. On Wednesday, July 26 the stock rating was maintained by Susquehanna with “Hold”.

About 364,337 shares traded. Hershey Co (NYSE:HSY) has risen 23.54% since November 7, 2016 and is uptrending. It has outperformed by 6.84% the S&P500.

The Hershey Company is a producer of chocolate in North America. The company has market cap of $22.20 billion. The Company’s principal product offerings include chocolate and non-chocolate confectionery products; gum and mint refreshment products; pantry items, such as baking ingredients and beverages, and snack items, such as spreads, meat snacks, bars and snack bites and mixes. It has a 34.27 P/E ratio. The Company’s divisions include North America, and International and Other.

More important recent Hershey Co (NYSE:HSY) news were published by: Sacbee.com which released: “Hershey’s unveils first major new bar in 20 years – and it’s lacking signature …” on November 01, 2017, also Reuters.com published article titled: “Hershey’s profit tops estimates on Kit Kat sales, lower costs”, Nasdaq.com published: “Hershey Co. Reveals 2% Advance In Q3 Profit” on October 26, 2017. More interesting news about Hershey Co (NYSE:HSY) was released by: Gurufocus.com and their article: “Hershey Trust Co Buys Snap Inc, CRISPR Therapeutics AG, AbbVie Inc, Sells The …” with publication date: October 24, 2017.

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