ReportWire

Tag: Consumer Defensive

  • Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Downgraded by Jefferies Financial Group to “Hold”

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    Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF – Get Free Report) was downgraded by research analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Marketbeat.com reports.

    Beiersdorf Aktiengesellschaft Stock Performance

    BDRFF opened at $112.04 on Tuesday. Beiersdorf Aktiengesellschaft has a 52-week low of $111.50 and a 52-week high of $148.33. The firm’s 50-day moving average price is $117.92 and its 200-day moving average price is $128.90.

    Beiersdorf Aktiengesellschaft Company Profile

    (Get Free Report)

    Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers.

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  • Hounaïda Lasry Buys 7,000 Shares of B&M European Value Retail S.A. (LON:BME) Stock

    Hounaïda Lasry Buys 7,000 Shares of B&M European Value Retail S.A. (LON:BME) Stock

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    B&M European Value Retail S.A. (LON:BME – Get Free Report) insider Hounaïda Lasry acquired 7,000 shares of the stock in a transaction dated Thursday, June 6th. The stock was acquired at an average cost of GBX 500 ($6.41) per share, for a total transaction of £35,000 ($44,843.05).

    B&M European Value Retail Stock Performance

    Shares of BME opened at GBX 492.90 ($6.32) on Friday. The company’s 50 day moving average price is GBX 528.55 and its 200 day moving average price is GBX 539.27. B&M European Value Retail S.A. has a 52 week low of GBX 483.70 ($6.20) and a 52 week high of GBX 618.20 ($7.92). The company has a market capitalization of £4.93 billion, a PE ratio of 1,408.29 and a beta of 1.01. The company has a debt-to-equity ratio of 280.00, a quick ratio of 0.38 and a current ratio of 1.37.

    B&M European Value Retail Cuts Dividend

    The business also recently disclosed a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, June 27th will be given a dividend of GBX 9.60 ($0.12) per share. This represents a yield of 1.76%. The ex-dividend date is Thursday, June 27th. B&M European Value Retail’s payout ratio is presently 4,285.71%.

    Analyst Upgrades and Downgrades

    Several research analysts have recently weighed in on BME shares. Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 660 ($8.46) target price on shares of B&M European Value Retail in a research report on Wednesday, April 17th. Jefferies Financial Group downgraded shares of B&M European Value Retail to a “hold” rating and lifted their target price for the stock from GBX 380 ($4.87) to GBX 525 ($6.73) in a research report on Monday, April 22nd. Finally, JPMorgan Chase & Co. dropped their target price on shares of B&M European Value Retail from GBX 585 ($7.50) to GBX 471 ($6.03) and set an “underweight” rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 572 ($7.33).

    Get Our Latest Report on B&M European Value Retail

    About B&M European Value Retail

    (Get Free Report)

    B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.

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  • Diageo (LON:DGE) Price Target Cut to GBX 3,200

    Diageo (LON:DGE) Price Target Cut to GBX 3,200

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    Diageo (LON:DGE – Get Free Report) had its price objective lowered by research analysts at JPMorgan Chase & Co. from GBX 3,500 ($44.50) to GBX 3,200 ($40.68) in a report issued on Wednesday, MarketBeat Ratings reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 10.15% from the stock’s previous close.

    A number of other analysts have also weighed in on DGE. Royal Bank of Canada lowered their price target on shares of Diageo from GBX 2,700 ($34.32) to GBX 2,500 ($31.78) and set an “underperform” rating for the company in a report on Monday, December 4th. Citigroup reduced their price objective on shares of Diageo from GBX 3,600 ($45.77) to GBX 3,050 ($38.77) and set a “neutral” rating on the stock in a research note on Monday, November 13th. Finally, Barclays reduced their price objective on shares of Diageo from GBX 3,730 ($47.42) to GBX 3,550 ($45.13) and set an “overweight” rating on the stock in a research note on Wednesday. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 3,435.71 ($43.68).

    View Our Latest Research Report on Diageo

    Diageo Stock Performance

    LON DGE opened at GBX 2,905 ($36.93) on Wednesday. The firm has a market cap of £64.78 billion, a price-to-earnings ratio of 1,760.61, a PEG ratio of 2.43 and a beta of 0.33. The company has a 50 day moving average of GBX 2,804.17 and a 200-day moving average of GBX 3,043.93. The company has a current ratio of 1.63, a quick ratio of 0.62 and a debt-to-equity ratio of 186.47. Diageo has a 1-year low of GBX 2,676 ($34.02) and a 1-year high of GBX 3,779.50 ($48.05).

    Insider Buying and Selling at Diageo

    In related news, insider Javier Ferrán bought 289 shares of Diageo stock in a transaction that occurred on Monday, November 13th. The stock was acquired at an average price of GBX 2,860 ($36.36) per share, with a total value of £8,265.40 ($10,507.75). In the last three months, insiders have acquired 305 shares of company stock worth $872,152. Insiders own 0.16% of the company’s stock.

    Diageo Company Profile

    (Get Free Report)

    Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.

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    Analyst Recommendations for Diageo (LON:DGE)

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  • CP ALL Public (OTCMKTS:CPPCY) vs. Companhia Brasileira De Distribuicao (NYSE:CBD) Critical Contrast – Medical Marijuana Program Connection

    CP ALL Public (OTCMKTS:CPPCY) vs. Companhia Brasileira De Distribuicao (NYSE:CBD) Critical Contrast – Medical Marijuana Program Connection

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    CP ALL Public (OTCMKTS:CPPCY – Get Free Report) and Companhia Brasileira De Distribuicao (NYSE:CBD – Get Free Report) are both consumer defensive companies, but which is the better investment? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, earnings, profitability and institutional ownership.

    Analyst Ratings

    This is a summary of current recommendations for CP ALL Public and Companhia Brasileira De Distribuicao, as reported by MarketBeat.

    Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
    CP ALL Public 0 0 1 0 3.00
    Companhia Brasileira De Distribuicao 1 0 0 0 1.00

    Companhia Brasileira De Distribuicao has a consensus target price of $2.80, suggesting a potential upside of 338.87%. Given Companhia Brasileira De Distribuicao’s higher possible upside, analysts clearly believe Companhia Brasileira De Distribuicao is more favorable than CP ALL Public.

    Profitability

    Want More Great Investing Ideas?

    This table compares CP ALL Public and Companhia Brasileira De Distribuicao’s net margins, return on equity and return on assets.

    Net Margins Return on Equity Return on Assets
    CP ALL Public N/A N/A N/A
    Companhia Brasileira De Distribuicao N/A -9.14% -2.97%

    Dividends

    CP ALL Public pays an annual dividend of $7.25 per share and has a dividend yield of 43.3%. Companhia Brasileira De Distribuicao pays an annual dividend of $0.05 per share and has a dividend…

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  • Sysco Co. (NYSE:SYY) Shares Purchased by AE Wealth Management LLC

    Sysco Co. (NYSE:SYY) Shares Purchased by AE Wealth Management LLC

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    AE Wealth Management LLC boosted its holdings in Sysco Co. (NYSE:SYY – Free Report) by 28.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,149 shares of the company’s stock after purchasing an additional 7,302 shares during the quarter. AE Wealth Management LLC’s holdings in Sysco were worth $2,460,000 at the end of the most recent quarter.

    Other hedge funds have also recently added to or reduced their stakes in the company. MRP Capital Investments LLC acquired a new position in Sysco in the first quarter worth $31,000. Sunbelt Securities Inc. acquired a new position in Sysco in the first quarter worth $32,000. Householder Group Estate & Retirement Specialist LLC acquired a new position in Sysco in the first quarter worth $38,000. MayTech Global Investments LLC acquired a new position in Sysco in the fourth quarter worth $38,000. Finally, Barrett & Company Inc. acquired a new position in Sysco in the first quarter worth $41,000. Institutional investors and hedge funds own 80.60% of the company’s stock.

    Sysco Price Performance

    NYSE SYY opened at $68.63 on Friday. Sysco Co. has a 12 month low of $68.18 and a 12 month high of $87.41. The company has a debt-to-equity ratio of 5.15, a current ratio of 1.24 and a quick ratio of 0.72. The firm has a market capitalization of $34.65 billion, a PE ratio of 19.78, a P/E/G ratio of 1.32 and a beta of 1.11. The company’s 50 day simple moving average is $72.05 and its 200 day simple moving average is $73.45.

    Sysco (NYSE:SYY – Get Free Report) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.01. The firm had revenue of $19.73 billion for the quarter, compared to analyst estimates of $19.95 billion. Sysco had a net margin of 2.32% and a return on equity of 133.27%. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.15 earnings per share. As a group, equities research analysts forecast that Sysco Co. will post 4.29 EPS for the current fiscal year.

    Sysco Announces Dividend

    The firm also recently declared a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Friday, October 6th will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $2.00 annualized dividend and a yield of 2.91%. Sysco’s dividend payout ratio (DPR) is 57.64%.

    Wall Street Analysts Forecast Growth

    A number of equities research analysts have issued reports on the company. StockNews.com assumed coverage on Sysco in a research note on Thursday, August 17th. They issued a “strong-buy” rating on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $79.00 target price on shares of Sysco in a research note on Wednesday, August 2nd. Stephens reiterated an “overweight” rating and issued a $90.00 target price on shares of Sysco in a research note on Tuesday, August 1st. Truist Financial cut their target price on Sysco from $88.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, August 2nd. Finally, Barclays raised their target price on Sysco from $85.00 to $86.00 and gave the company an “overweight” rating in a research note on Wednesday, August 2nd. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Sysco presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.91.

    Get Our Latest Stock Analysis on SYY

    Sysco Profile

    (Free Report)

    Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments.

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    Institutional Ownership by Quarter for Sysco (NYSE:SYY)

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  • Bank of New York Mellon Corp Has $16.13 Million Stock Holdings in MGP Ingredients, Inc. (NASDAQ:MGPI)

    Bank of New York Mellon Corp Has $16.13 Million Stock Holdings in MGP Ingredients, Inc. (NASDAQ:MGPI)

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    Bank of New York Mellon Corp lessened its stake in MGP Ingredients, Inc. (NASDAQ:MGPI – Free Report) by 7.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 166,739 shares of the company’s stock after selling 12,724 shares during the quarter. Bank of New York Mellon Corp owned 0.76% of MGP Ingredients worth $16,127,000 at the end of the most recent reporting period.

    Several other large investors have also recently added to or reduced their stakes in MGPI. Money Concepts Capital Corp acquired a new position in MGP Ingredients in the 4th quarter valued at approximately $32,000. Steward Financial Group LLC acquired a new position in shares of MGP Ingredients during the 4th quarter worth $34,000. Lazard Asset Management LLC increased its stake in shares of MGP Ingredients by 219.0% during the 4th quarter. Lazard Asset Management LLC now owns 721 shares of the company’s stock worth $76,000 after purchasing an additional 495 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of MGP Ingredients by 76.2% during the 1st quarter. Captrust Financial Advisors now owns 953 shares of the company’s stock worth $82,000 after purchasing an additional 412 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of MGP Ingredients by 22.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,400 shares of the company’s stock worth $120,000 after purchasing an additional 254 shares during the last quarter. Institutional investors and hedge funds own 77.11% of the company’s stock.

    Analysts Set New Price Targets

    Several brokerages have recently commented on MGPI. StockNews.com began coverage on shares of MGP Ingredients in a research note on Thursday, August 17th. They set a “hold” rating on the stock. Truist Financial increased their price target on shares of MGP Ingredients from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, August 7th.

    Get Our Latest Research Report on MGP Ingredients

    Insiders Place Their Bets

    In other MGP Ingredients news, insider S. Lux 2005 Irrevocable Tr Ann sold 10,000 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $119.19, for a total value of $1,191,900.00. Following the sale, the insider now directly owns 613,458 shares in the company, valued at approximately $73,118,059.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Lori L.S. Mingus sold 1,096 shares of the firm’s stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $101.06, for a total transaction of $110,761.76. Following the completion of the transaction, the director now directly owns 54,566 shares of the company’s stock, valued at approximately $5,514,439.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider S. Lux 2005 Irrevocable Tr Ann sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $119.19, for a total transaction of $1,191,900.00. Following the transaction, the insider now directly owns 613,458 shares of the company’s stock, valued at $73,118,059.02. The disclosure for this sale can be found here. Insiders have sold 60,774 shares of company stock worth $6,869,542 in the last ninety days. Insiders own 28.70% of the company’s stock.

    MGP Ingredients Stock Performance

    NASDAQ:MGPI opened at $120.09 on Wednesday. MGP Ingredients, Inc. has a 1 year low of $90.68 and a 1 year high of $125.74. The firm’s fifty day simple moving average is $112.97 and its 200 day simple moving average is $103.42. The company has a current ratio of 4.39, a quick ratio of 1.49 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $2.64 billion, a PE ratio of 24.51, a PEG ratio of 1.99 and a beta of 0.94.

    MGP Ingredients (NASDAQ:MGPI – Get Free Report) last posted its earnings results on Thursday, August 3rd. The company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.24. MGP Ingredients had a net margin of 13.55% and a return on equity of 14.39%. The business had revenue of $209.00 million for the quarter, compared to analyst estimates of $205.30 million. During the same period last year, the business posted $1.15 EPS. MGP Ingredients’s revenue was up 7.2% compared to the same quarter last year. On average, sell-side analysts anticipate that MGP Ingredients, Inc. will post 5.43 EPS for the current year.

    MGP Ingredients Announces Dividend

    The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be given a $0.12 dividend. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $0.48 annualized dividend and a yield of 0.40%. MGP Ingredients’s dividend payout ratio is 9.80%.

    MGP Ingredients Company Profile

    (Free Report)

    MGP Ingredients, Inc, together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients in the United States and internationally. It operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions. The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon and rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products.

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    Institutional Ownership by Quarter for MGP Ingredients (NASDAQ:MGPI)

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  • Jonathan David Kemp Acquires 29 Shares of A.G. BARR p.l.c. (LON:BAG) Stock

    Jonathan David Kemp Acquires 29 Shares of A.G. BARR p.l.c. (LON:BAG) Stock

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    A.G. BARR p.l.c. (LON:BAG – Get Rating) insider Jonathan David Kemp purchased 29 shares of A.G. BARR stock in a transaction dated Wednesday, June 7th. The shares were acquired at an average cost of GBX 517 ($6.43) per share, with a total value of £149.93 ($186.39).

    A.G. BARR Price Performance

    LON BAG opened at GBX 497 ($6.18) on Friday. A.G. BARR p.l.c. has a 52 week low of GBX 426.50 ($5.30) and a 52 week high of GBX 565.60 ($7.03). The firm has a market capitalization of £556.79 million, a P/E ratio of 1,656.67, a PEG ratio of 1.36 and a beta of 0.31. The company has a quick ratio of 1.99, a current ratio of 1.96 and a debt-to-equity ratio of 2.16. The company has a 50-day moving average price of GBX 510.88 and a 200-day moving average price of GBX 524.94.

    A.G. BARR Increases Dividend

    The firm also recently declared a dividend, which was paid on Friday, June 9th. Stockholders of record on Thursday, May 11th were given a dividend of GBX 10.60 ($0.13) per share. The ex-dividend date was Thursday, May 11th. This represents a dividend yield of 1.96%. This is a positive change from A.G. BARR’s previous dividend of $2.50. A.G. BARR’s dividend payout ratio is presently 4,333.33%.

    A.G. BARR Company Profile

    (Get Rating)

    A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks and cocktail solutions in the United Kingdom and internationally. It provides carbonated and flavored soft drinks, fruit cocktails, fruit juices, spring and sparkling water, fruit puree, energy drinks, iced tea, and other non-alcoholic beverages.

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    Insider Buying and Selling by Quarter for A.G. BARR (LON:BAG)

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