Shares of NYSE:K opened at $62.74 on Friday April 10. The firm has a market capitalization of $21.05 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 4.26 and a beta of 0.55. The company has a debt/equity ratio of 2.30, a quick ratio of 0.46 and a current ratio of 0.72. The business’s fifty day moving average price is $62.07 and its two-hundred day moving average price is $64.87. Kellogg has a 52 week low of $51.34 and a 52 week high of $71.05.
Who is investing in Kellogg Company (NYSE:K) lately.
IBM Retirement Fund lifted its position in Kellogg (NYSE:K) by 60.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,771 shares of the company’s stock after buying an additional 2,180 shares during the period. IBM Retirement Fund’s holdings in Kellogg were worth $346,000 at the end of the most recent reporting period.
RMR Wealth Builders acquired a new stake in shares of Kellogg during the fourth quarter worth $31,000. Finally, ERTS Wealth Advisors LLC acquired a new stake in shares of Kellogg during the fourth quarter worth $34,000. 87.02% of the stock is currently owned by institutional investors.
How analysts are rating NYSE:K
Credit Suisse Group raised Kellogg from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $60.00 to $78.00 in a research report on Tuesday, January 7th. Evercore ISI reaffirmed a “hold” rating and set a $65.00 target price on shares of Kellogg in a research report on Sunday, February 9th.
Morgan Stanley cut their target price on Kellogg from $63.00 to $62.00 and set an “equal weight” rating on the stock in a research report on Monday, March 23rd. Sanford C. Bernstein raised Kellogg from an “underperform” rating to a “market perform” rating and upped their price target for the company from $51.00 to $66.00 in a research report on Wednesday, March 18th. Finally, Royal Bank of Canada reissued a “hold” rating and set a $68.00 price target on shares of Kellogg in a research report on Monday, March 23rd.