JPMorgan Chase & Co. increased its stake in Cal-Maine Foods, Inc. to 333,545 shares, valued at $31.39 million, as of the third quarter. Despite this, Cal-Maine Foods missed recent earnings and revenue estimates, leading to a cautious outlook from analysts who recommend a “Hold” rating with an average target price of $93. The company also recently announced a quarterly dividend of $0.72 per share.
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JPMorgan Chase & Co. Has $31.39 Million Holdings in Cal-Maine Foods, Inc. $CALM
JPMorgan Chase & Co. increased its stake in Cal-Maine Foods, Inc. to 333,545 shares, valued at $31.39 million, as of the third quarter. Despite this, Cal-Maine Foods missed recent earnings and revenue estimates, leading to a cautious outlook from analysts who recommend a “Hold” rating with an average target price of $93. The company also recently announced a quarterly dividend of $0.72 per share.