share_log
Hi,
moomoo ID:0
Log Out
English
Back
  • English
  • 中文繁体
  • 中文简体

US Bancorp DE Lowers Stock Position in Nomad Foods Limited (NYSE:NOMD)

Defense World ·  09/07 16:42

US Bancorp DE decreased its holdings in Nomad Foods Limited (NYSE:NOMD – Get Rating) by 65.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 44,679 shares of the company's stock after selling 84,244 shares during the quarter. US Bancorp DE's holdings in Nomad Foods were worth $1,009,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Prospera Financial Services Inc purchased a new position in shares of Nomad Foods in the first quarter valued at approximately $27,000. Herold Advisors Inc. purchased a new position in shares of Nomad Foods in the first quarter valued at approximately $68,000. Capital Advisors Ltd. LLC boosted its stake in shares of Nomad Foods by 69.6% in the first quarter. Capital Advisors Ltd. LLC now owns 3,330 shares of the company's stock valued at $75,000 after purchasing an additional 1,366 shares during the period. SG Americas Securities LLC lifted its stake in Nomad Foods by 9.2% in the fourth quarter. SG Americas Securities LLC now owns 4,786 shares of the company's stock worth $122,000 after acquiring an additional 402 shares during the last quarter. Finally, Chilton Capital Management LLC purchased a new position in Nomad Foods in the fourth quarter worth approximately $188,000. Hedge funds and other institutional investors own 92.55% of the company's stock.

Get Nomad Foods alerts:

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on NOMD shares. BTIG Research decreased their price target on shares of Nomad Foods from $32.00 to $25.00 in a research note on Friday, May 13th. Credit Suisse Group decreased their price target on shares of Nomad Foods to $25.00 in a research note on Monday, August 15th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Nomad Foods from $25.00 to $26.00 in a research note on Thursday, May 12th. StockNews.com cut shares of Nomad Foods from a "buy" rating to a "hold" rating in a report on Friday, September 2nd. Finally, Mizuho cut their price objective on shares of Nomad Foods from $25.00 to $24.00 and set a "buy" rating on the stock in a report on Friday, September 2nd. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Nomad Foods presently has a consensus rating of "Moderate Buy" and an average target price of $27.00.

Nomad Foods Stock Performance

Shares of Nomad Foods stock opened at $16.97 on Wednesday. The firm's fifty day simple moving average is $18.86 and its 200-day simple moving average is $20.40. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 12.66 and a beta of 0.63. Nomad Foods Limited has a 12 month low of $16.83 and a 12 month high of $28.92. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.07 and a quick ratio of 0.60.

Nomad Foods (NYSE:NOMD – Get Rating) last announced its earnings results on Wednesday, August 10th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. The business had revenue of $697.00 million for the quarter, compared to analysts' expectations of $681.73 million. Nomad Foods had a net margin of 7.68% and a return on equity of 11.35%. The company's quarterly revenue was up 16.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.48 EPS. As a group, equities analysts forecast that Nomad Foods Limited will post 1.83 earnings per share for the current year.

Nomad Foods Profile

(Get Rating)

Nomad Foods Limited manufactures, markets, and distributes frozen food products in the United Kingdom, Italy, Germany, France, Sweden, Austria, Norway, Spain, and rest of Europe. The company offers fish products, including fish fingers, coated fish, and natural fish; vegetables, such as peas and spinach; and poultry and meat products comprising nuggets, grills, and burgers.

Read More

  • Get a free copy of the StockNews.com research report on Nomad Foods (NOMD)
  • 3 Low Beta Defensive Stocks for a Tough Market
  • It Could Be a September to Remember for These 3 Stocks
  • Can Roblox Reverse its Falling Bookings Amid Rising Engagements
  • Peak Inflation Sets the Bottom for Brinker International Stock
  • Broadcom Bounces From Institutional Bottom

Want to see what other hedge funds are holding NOMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nomad Foods Limited (NYSE:NOMD – Get Rating).

Receive News & Ratings for Nomad Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomad Foods and related companies with MarketBeat.com's FREE daily email newsletter.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.