Shares of Pinnacle Foods, Inc. (NYSE:PF) Sees Large Inflow of Net Money

Pinnacle Foods, Inc. (NYSE:PF) had a weak trading session and its shares were last down at $42.86, down -0.19% or -0.44 points. The trading data also revealed that the total net flow stood at $1.15 million as the shares had $5.14 million in upticks but lost $3.99 million in downticks. The up/down ratio was 1.29. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in a shares. During the past week, the shares have seen a change of -0.44% in the shares.The block trade data suggests an inflow of $1.56 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $1.56.


Pinnacle


Many analysts have commented on the company rating. Deutsche Bank downgrades its view on Pinnacle Foods, Inc. (NYSE:PF) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on July 16, 2015.

Pinnacle Foods, Inc. (NYSE:PF): According to 5 Analysts, The short term target price has been estimated at $ 46.6.The target price could deviate by a maximum of $2.7 from the forecast price. In the near term, the target price could hit a high of $50 and a low of $ 44.

On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Pant Muktesh, director of Pinnacle Foods Inc., executed a transaction worth $909,600 on August 5, 2015. A total of 20,000 shares were purchased at an average price of $45.48. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 0.2% of Pinnacle Foods Inc. Company shares. In the past six months, there is a change of 2.96% in the total insider ownership. Institutional Investors own 97.3% of Company shares. During last 3 month period, 2.67% of total institutional ownership has changed in the company shares.

Shares of Pinnacle Foods, Inc. (NYSE:PF) ended Monday session in red amid volatile trading. The shares closed down 0.19 points or 0.44% at $42.86 with 580,916 shares getting traded. Post opening the session at $43.14, the shares hit an intraday low of $42.62 and an intraday high of $43.52 and the price vacillated in this range throughout the day. The company has a market cap of $4,997 million and the number of outstanding shares have been calculated to be 116,587,000 shares. The 52-week high of Pinnacle Foods, Inc. (NYSE:PF) is $48.13 and the 52-week low is $31.34.

Pinnacle Foods Inc. is a manufacturer, marketer and distributor of branded food products in North America. The Company operates in three segments: the Birds Eye Frozen Division, the Duncan Hines Grocery Division and the Specialty Foods Division. The Birds Eye Frozen Division and the Duncan Hines Grocery Division, which collectively represent its North America Retail operations, include the brands. Its brand portfolio enjoys household penetration in the United States, where its products can be found in approximately 85% of U.S. households. Its products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs in the United States and Canada, as well as in military channels and foodservice locations. In October 2013, Pinnacle Foods Inc completed the acquisition of the Wish-Bone salad dressings business from Unilever PLC.

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