Sanderson Farms (SAFM) Shareholder Indexiq Advisors Has Trimmed Its Position; As Metlife (MET) Shares Declined, Holder Salzhauer Michael Trimmed Holding by $1.90 Million

Sanderson Farms, Inc. (NASDAQ:SAFM) Logo

Indexiq Advisors Llc decreased its stake in Sanderson Farms Inc (SAFM) by 15.14% based on its latest 2018Q3 regulatory filing with the SEC. Indexiq Advisors Llc sold 2,963 shares as the company’s stock declined 4.98% with the market. The institutional investor held 16,612 shares of the consumer non-durables company at the end of 2018Q3, valued at $1.72M, down from 19,575 at the end of the previous reported quarter. Indexiq Advisors Llc who had been investing in Sanderson Farms Inc for a number of months, seems to be less bullish one the $2.67B market cap company. The stock decreased 3.00% or $3.73 during the last trading session, reaching $120.61. About 395,395 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has declined 40.59% since February 14, 2018 and is downtrending. It has underperformed by 40.59% the S&P500. Some Historical SAFM News: 15/05/2018 – Sanderson Farms at Bank of Montreal Conference Tomorrow; 24/05/2018 – Sanderson Farms Volume Jumps More Than Eight Times Average; 16/05/2018 – SANDERSON FARMS SEES CHICKEN OUTPUT FLAT TO UP 1% THIS YEAR; 24/04/2018 – Sanderson Farms to Participate in Goldman Sachs Global Staples Forum; 24/05/2018 – SANDERSON FARMS 2Q EPS $1.84, EST. $2.46; 24/05/2018 – Sanderson Farms 2Q Net $41.9M; 03/05/2018 – Sanderson Farms at Bank of Montreal Conference May 16; 19/03/2018 – Dir Livingston Gifts 115 Of Sanderson Farms Inc; 24/05/2018 – SANDERSON FARMS SEES PRODUCTION IN 3Q UP 2.8%, 4Q DOWN 4.7%; 07/05/2018 – Sanderson Farms Awarded Over Twenty Public Relations and Advertising Awards

Salzhauer Michael decreased its stake in Metlife Inc (MET) by 72.96% based on its latest 2018Q3 regulatory filing with the SEC. Salzhauer Michael sold 41,221 shares as the company’s stock declined 13.12% with the market. The institutional investor held 15,279 shares of the finance company at the end of 2018Q3, valued at $714,000, down from 56,500 at the end of the previous reported quarter. Salzhauer Michael who had been investing in Metlife Inc for a number of months, seems to be less bullish one the $42.39B market cap company. The stock decreased 0.20% or $0.09 during the last trading session, reaching $44.22. About 5.68M shares traded. MetLife, Inc. (NYSE:MET) has declined 26.13% since February 14, 2018 and is downtrending. It has underperformed by 26.13% the S&P500. Some Historical MET News: 08/05/2018 – FEDEX CORP – PURCHASE OF GROUP ANNUITY CONTRACT WILL BE FUNDED DIRECTLY BY ASSETS OF PENSION PLANS; 15/03/2018 – New York Post: WrestleMania is coming back to MetLife Stadium; 01/05/2018 – METLIFE SAYS JOHN HELE RETIRES AS CFO; SUCCEEDED BY MCCALLION; 16/05/2018 – METLIFE ANNOUNCES NEW FINANCIAL WELLNESS PRODUCT; 01/05/2018 – METLIFE NAMES GAUSTER AS EVP & GENERAL COUNSEL; 26/04/2018 – MetLife Foundation Announces Sponsorship of “Multipliers of Prosperity” for a Fourth Year; 21/05/2018 – MetLife Investment Management, The John Buck Company and Golub & Company Announce Facebook Lease of Park Tower in San Francisco; 02/05/2018 – MetLife Investments Asia Limited Expands Institutional Sales Team in Asia; 02/04/2018 – MetLife to Hold Conference Call for First Quarter 2018 Results; 10/04/2018 – MetLife Joins the MIT Media Lab, Adding to Its Multi-Pronged Innovation Ecosystem

Investors sentiment decreased to 0.86 in 2018 Q3. Its down 0.03, from 0.89 in 2018Q2. It is negative, as 47 investors sold MET shares while 324 reduced holdings. 81 funds opened positions while 237 raised stakes. 739.18 million shares or 1.70% less from 751.98 million shares in 2018Q2 were reported. Baystate Wealth Management Ltd owns 189 shares. City Holdg invested in 0.01% or 1,052 shares. Bank & Trust Of America Corporation De owns 11.35 million shares or 0.08% of their US portfolio. Jefferies Grp Llc owns 9,155 shares. Stephens Inc Ar holds 164,237 shares. Aqr Cap Mngmt Ltd Liability owns 417,734 shares or 0.02% of their US portfolio. Captrust Fin Advsrs, a North Carolina-based fund reported 32,515 shares. Moreover, Chevy Chase Trust Hldg has 0.16% invested in MetLife, Inc. (NYSE:MET). Mark Sheptoff Financial Planning Limited Liability Co owns 1,600 shares for 0.05% of their portfolio. Moreover, Rmb Cap Management Ltd Limited Liability Company has 0.05% invested in MetLife, Inc. (NYSE:MET) for 41,768 shares. Van Hulzen Asset Ltd Llc accumulated 7,436 shares. Schwab Charles Invest Mngmt holds 3.95 million shares or 0.12% of its portfolio. Cedar Hill Assoc Limited Liability Co invested in 0.98% or 93,354 shares. Calamos Wealth Mngmt Ltd Liability accumulated 85,909 shares. Retirement Of Alabama owns 458,780 shares or 0.1% of their US portfolio.

Among 19 analysts covering MetLife (NYSE:MET), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. MetLife had 67 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Monday, October 9. RBC Capital Markets maintained MetLife, Inc. (NYSE:MET) on Friday, November 3 with “Buy” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, November 13. The rating was maintained by Wells Fargo on Tuesday, January 30 with “Outperform”. The firm has “Neutral” rating by UBS given on Monday, October 8. The firm has “Neutral” rating given on Friday, October 7 by Credit Suisse. The stock of MetLife, Inc. (NYSE:MET) has “Buy” rating given on Wednesday, January 16 by Bank of America. Morgan Stanley downgraded the shares of MET in report on Wednesday, November 11 to “Equal-Weight” rating. The firm has “Buy” rating given on Tuesday, September 5 by RBC Capital Markets. The company was maintained on Friday, May 4 by Deutsche Bank.

More important recent MetLife, Inc. (NYSE:MET) news were published by: Seekingalpha.com which released: “MetLife -1.9% as Q4 revenue disappoints – Seeking Alpha” on February 06, 2019, also Benzinga.com published article titled: “Benzinga’s Top Upgrades, Downgrades For January 16, 2019 – Benzinga”, Bizjournals.com published: “Fortune 100 company buys heart of Bellevue mall overhaul – Nashville Business Journal” on January 25, 2019. More interesting news about MetLife, Inc. (NYSE:MET) was released by: Benzinga.com and their article: “A Peek Into The Markets: US Stock Futures Down Ahead Of Earnings – Benzinga” with publication date: February 06, 2019.

Salzhauer Michael, which manages about $261.86 million US Long portfolio, upped its stake in Bank Amer Corp (NYSE:BAC) by 1.34 million shares to 1.75 million shares, valued at $51.62M in 2018Q3, according to the filing. It also increased its holding in First Defiance Finl Corp (NASDAQ:FDEF) by 16,928 shares in the quarter, for a total of 33,856 shares, and has risen its stake in Regions Finl Corp New (NYSE:RF).

Among 17 analysts covering Sanderson Farms Inc. (NASDAQ:SAFM), 7 have Buy rating, 4 Sell and 6 Hold. Therefore 41% are positive. Sanderson Farms Inc. has $150 highest and $72 lowest target. $101.58’s average target is -15.78% below currents $120.61 stock price. Sanderson Farms Inc. had 53 analyst reports since August 26, 2015 according to SRatingsIntel. As per Friday, May 25, the company rating was maintained by Buckingham Research. The company was upgraded on Monday, March 27 by KeyBanc Capital Markets. On Thursday, August 16 the stock rating was maintained by Buckingham Research with “Neutral”. The firm earned “Neutral” rating on Friday, May 27 by JP Morgan. The rating was maintained by Buckingham Research on Wednesday, April 11 with “Neutral”. The rating was maintained by Buckingham Research with “Neutral” on Wednesday, July 25. The company was initiated on Friday, December 2 by KeyBanc Capital Markets. Jefferies maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Friday, June 9. Jefferies has “Sell” rating and $8500 target. Vertical Group upgraded the stock to “Buy” rating in Wednesday, February 28 report. BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Monday, June 26. BMO Capital Markets has “Hold” rating and $13000 target.

Investors sentiment decreased to 0.82 in 2018 Q3. Its down 0.20, from 1.02 in 2018Q2. It dived, as 39 investors sold SAFM shares while 77 reduced holdings. 33 funds opened positions while 62 raised stakes. 22.33 million shares or 3.70% less from 23.19 million shares in 2018Q2 were reported. Southernsun Asset Management Limited Liability Co stated it has 382,882 shares or 1.81% of all its holdings. Louisiana State Employees Retirement Sys owns 5,500 shares for 0.02% of their portfolio. Dean Cap reported 1.37% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Lsv Asset Management invested 0.09% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Moreover, Canada Pension Plan Invest Board has 0% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). 309 are held by Cwm Limited Liability Company. Kempen Nv, Netherlands-based fund reported 38,700 shares. Ohio-based James Inv Rech Incorporated has invested 0.09% in Sanderson Farms, Inc. (NASDAQ:SAFM). Moreover, South Dakota Council has 0.01% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 4,300 shares. Lpl Financial Lc has 4,524 shares. Jupiter Asset Mgmt has invested 0.14% in Sanderson Farms, Inc. (NASDAQ:SAFM). Wells Fargo And Co Mn has 41,201 shares. Profund Limited Liability reported 0.01% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Arizona State Retirement System invested 0.01% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Third Avenue Management Ltd Limited Liability Company accumulated 35,607 shares.

Analysts await Sanderson Farms, Inc. (NASDAQ:SAFM) to report earnings on February, 20. They expect $-2.41 EPS, down 501.67% or $3.01 from last year’s $0.6 per share. After $-1.63 actual EPS reported by Sanderson Farms, Inc. for the previous quarter, Wall Street now forecasts 47.85% negative EPS growth.

Indexiq Advisors Llc, which manages about $1.21B and $3.09 billion US Long portfolio, upped its stake in Schwab Strategic Tr (SCHR) by 95,965 shares to 177,641 shares, valued at $9.20M in 2018Q3, according to the filing. It also increased its holding in Conocophillips (NYSE:COP) by 5,138 shares in the quarter, for a total of 12,766 shares, and has risen its stake in Ishares Tr (AGG).

More notable recent Sanderson Farms, Inc. (NASDAQ:SAFM) news were published by: Benzinga.com which released: “Why Analysts Prefer Tyson (NYSE: TSN) Over Sanderson Farms (NASDAQ: SAFM) – Benzinga” on October 31, 2017, also Seekingalpha.com with their article: “Sanderson Farms – DCF Analysis – Seeking Alpha” published on November 10, 2017, Nasdaq.com published: “6 Nasdaq Value Stocks to Add to Your Portfolio Right Now – Nasdaq” on September 14, 2017. More interesting news about Sanderson Farms, Inc. (NASDAQ:SAFM) were released by: Gurufocus.com and their article: “When Historical Price Multiples Don’t Matter Anymore – GuruFocus.com” published on February 20, 2017 as well as Seekingalpha.com‘s news article titled: “Sanderson Farms to stop human antibiotic use in chickens – Seeking Alpha” with publication date: November 30, 2018.

MetLife, Inc. (NYSE:MET) Institutional Positions Chart