Aigen Investment Management LP Has $540,000 Stake in Cal-Maine Foods, Inc. (NASDAQ:CALM)

Aigen Investment Management LP increased its position in shares of Cal-Maine Foods, Inc. (NASDAQ:CALM) by 22.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,247 shares of the basic materials company’s stock after acquiring an additional 952 shares during the period. Aigen Investment Management LP’s holdings in Cal-Maine Foods were worth $540,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Savant Capital LLC raised its stake in Cal-Maine Foods by 2.5% during the fourth quarter. Savant Capital LLC now owns 3,798 shares of the basic materials company’s stock worth $391,000 after acquiring an additional 92 shares in the last quarter. Martingale Asset Management L P grew its holdings in shares of Cal-Maine Foods by 0.4% during the 3rd quarter. Martingale Asset Management L P now owns 39,321 shares of the basic materials company’s stock valued at $2,943,000 after purchasing an additional 145 shares during the last quarter. US Bancorp DE increased its position in Cal-Maine Foods by 2.4% during the 4th quarter. US Bancorp DE now owns 6,710 shares of the basic materials company’s stock worth $691,000 after purchasing an additional 156 shares in the last quarter. Stifel Financial Corp lifted its stake in Cal-Maine Foods by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 15,049 shares of the basic materials company’s stock valued at $1,126,000 after purchasing an additional 188 shares during the last quarter. Finally, Quarry LP boosted its position in Cal-Maine Foods by 32.5% in the third quarter. Quarry LP now owns 770 shares of the basic materials company’s stock valued at $58,000 after buying an additional 189 shares in the last quarter. 84.67% of the stock is owned by institutional investors.

Cal-Maine Foods Price Performance

NASDAQ:CALM opened at $87.18 on Friday. Cal-Maine Foods, Inc. has a one year low of $55.00 and a one year high of $116.41. The firm’s 50 day simple moving average is $102.63 and its 200 day simple moving average is $92.25. The company has a market cap of $4.27 billion, a PE ratio of 6.78 and a beta of -0.12.

Cal-Maine Foods (NASDAQ:CALM) last issued its quarterly earnings results on Tuesday, January 7th. The basic materials company reported $4.47 EPS for the quarter, topping analysts’ consensus estimates of $4.05 by $0.42. The company had revenue of $954.70 million for the quarter, compared to analyst estimates of $751.50 million. Cal-Maine Foods had a net margin of 20.39% and a return on equity of 33.69%. Cal-Maine Foods’s revenue was up 82.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.35 earnings per share. Equities research analysts expect that Cal-Maine Foods, Inc. will post 15.59 EPS for the current year.

Insiders Place Their Bets

In other Cal-Maine Foods news, Director Letitia Callender Hughes sold 809 shares of the stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $109.97, for a total transaction of $88,965.73. Following the completion of the sale, the director now owns 42,761 shares of the company’s stock, valued at approximately $4,702,427.17. This represents a 1.86 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 13.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Stephens reiterated an “equal weight” rating and set a $97.00 price target on shares of Cal-Maine Foods in a report on Thursday. StockNews.com raised Cal-Maine Foods from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th.

About Cal-Maine Foods

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names.