A Look at Price Fluctuation of Hostess Brands Inc (TWNK)

Hostess Brands

Vanguard Group Inc. lifted its stake in Hostess Brands by 56.9% in the 2nd quarter. Days to cover increased from 13.0 to 14.0 and the percentage of shorted shares was 0.12% on September 15. Victory Capital Management Inc. lifted its stake in Hostess Brands by 61.8% in the 2nd quarter. Following the completion of the acquisition, the chief executive officer now owns 560,000 shares in the company, valued at approximately $7,761,600. The company was formerly known as Gores Holdings, Inc. and changed its name to Hostess Brands, Inc.in November 2016. Vaughan Nelson Investment Management L.P. now owns 3,564,150 shares of the company's stock valued at $57,383,000 after acquiring an additional 63,550 shares during the period. Sei Investments Co. acquired a new position in shares of Hostess Brands during the first quarter valued at $166,000. If you are reading this piece on another site, it was illegally stolen and republished in violation of worldwide trademark & copyright legislation. The legal version of this piece of content can be read at https://weekherald.com/2017/10/13/140621-shares-in-hostess-brands-twnk-acquired-by-ahl-partners-llp.html. During the same period a year ago, the firm earned $0.08 EPS. The stock was purchased at an average price of $13.86 per share, with a total value of $1,039,500.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock is trading at $12.10 which is significantly lower than the 50 day moving average of $13.58 and which is quite a bit lower than the 200 day moving average of $15.22. The disclosure for this sale can be found here. (NASDAQ:TWNK) news were published by: Benzinga.com which released: "Hostess Brands Bull Case Baked In Already At Current Price" on September 25, 2017, also Seekingalpha.com with their article: "Hostess Brands' (TWNK) CEO Bill Toler on Q4 2016 Results - Earnings Call ..." published on March 15, 2017, Seekingalpha.com published: "Hostess: Worth The Risk" on March 23, 2017. This is assuming the current $0.12 EPS is accurate. The business had revenue of $203.18 million for the quarter, compared to analysts' expectations of $205.41 million.

Several research analysts have weighed in on the stock. CL King assumed coverage on shares of Hostess Brands in a research note on Tuesday, February 14th. J P Morgan Chase & Co assumed coverage on shares of Hostess Brands in a report on Wednesday. The stock's average target of $19 is 64.08% above today's ($11.58) share price. Melcor Developments had 6 analyst reports since August 14, 2015 according to SRatingsIntel. They issued an "outperform" rating and a $16.00 target price on the stock. The consensus analyst target price is $17.56. The stock has a consensus rating of "Buy" and a consensus target price of $16.89. They set an "equal weight" rating and a $14.00 target price for the company. Hostess Brands earned a news impact score of 0.17 on Accern's scale.

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