Analyst Upgrades – Hormel Foods (NYSE:HRL) Stock Gets Upgraded By Jefferies Group from Hold to Buy

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Analyst Ratings For Hormel Foods (NYSE:HRL)

Today, Hormel Foods (NYSE:HRL) stock received an upgrade by Jefferies Group from Hold to Buy with a price target of $30.00.

Some recent analyst ratings include

  • 2/14/2018-Jefferies Group Upgrade from a “Hold ” rating to a ” Buy” rating.
  • 1/4/2018-Piper Jaffray Companies initiated coverage with a Overweight rating.
  • 11/6/2017-BMO Capital Markets Reiterated Rating of Buy.
  • 11/3/2017-Morgan Stanley initiated coverage with a Underweight rating.

Dividend information for Hormel Foods (NYSE:HRL)

Hormel Foods (NYSE:HRL) pays an annual dividend of $0.75 with a yield of 2.26% and an average dividend growth of 19.30% based on a 3 Year Average..

Dividend History for Hormel Foods (NYSE:HRL)

  • On 11/21/2017 Hormel Foods announced a quarterly dividend of $0.19 2.17% with an ex dividend date of 1/12/2018 which will be payable on 2/15/2018.
  • On 9/25/2017 Hormel Foods announced a quarterly dividend of $0.17 2.15% with an ex dividend date of 10/20/2017 which will be payable on 11/15/2017.
  • On 5/22/2017 Hormel Foods announced a quarterly dividend of $0.17 1.93% with an ex dividend date of 7/13/2017 which will be payable on 8/15/2017.
  • On 3/31/2017 Hormel Foods announced a quarterly dividend of $0.17 1.98% with an ex dividend date of 4/13/2017 which will be payable on 5/15/2017.
  • On 11/21/2016 Hormel Foods announced a quarterly dividend of $0.17 1.9% with an ex dividend date of 1/12/2017 which will be payable on 2/15/2017.
  • On 9/26/2016 Hormel Foods announced a quarterly dividend of $0.15 1.52% with an ex dividend date of 10/20/2016 which will be payable on 11/15/2016.
  • On 5/23/2016 Hormel Foods announced a quarterly dividend of $0.15 1.67% with an ex dividend date of 7/14/2016 which will be payable on 8/15/2016.

Recent Insider Trading Activity For Hormel Foods (NYSE:HRL)
Hormel Foods (NYSE:HRL) has insider ownership of 1.48% and institutional ownership of 38.31%.

  • On 1/4/2018 Elsa A Murano, Director, sold 7,129 with an average share price of $36.00 per share and the total transaction amounting to $256,644.00.
  • On 12/7/2017 Gary Jamison, VP, sold 570 with an average share price of $36.86 per share and the total transaction amounting to $21,010.20.
  • On 12/4/2017 Robert Nakasone, Director, sold 3,184 with an average share price of $37.50 per share and the total transaction amounting to $119,400.00.
  • On 11/30/2017 Gary Jamison, VP, sold 4,169 with an average share price of $36.48 per share and the total transaction amounting to $152,085.12.
  • On 11/30/2017 Terrell K Crews, Director, sold 7,987 with an average share price of $36.50 per share and the total transaction amounting to $291,525.50.
  • On 11/30/2017 Thomas R Day, Insider, sold 34,346 with an average share price of $36.47 per share and the total transaction amounting to $1,252,598.62.
  • On 11/28/2017 Robert Nakasone, Director, sold 16,000 with an average share price of $34.40 per share and the total transaction amounting to $550,400.00.

Recent Trading Activity for Hormel Foods (NYSE:HRL)
Shares of Hormel Foods closed the previous trading session at 33.14 up +0.06 0.18% with shares trading hands.