Fintel reports that on January 31, 2025, Piper Sandler downgraded their outlook for Hershey (WBAG:HSY) from Neutral to Underweight.
What is the Fund Sentiment?
There are 2,171 funds or institutions reporting positions in Hershey. This is an decrease of 15 owner(s) or 0.69% in the last quarter. Average portfolio weight of all funds dedicated to HSY is 0.30%, an increase of 0.38%. Total shares owned by institutions increased in the last three months by 6.85% to 200,791K shares.
What are Other Shareholders Doing?
Hershey Trust holds 54,612K shares representing 36.96% ownership of the company. No change in the last quarter.
Capital International Investors holds 9,479K shares representing 6.42% ownership of the company. In its prior filing, the firm reported owning 699K shares , representing an increase of 92.62%. The firm increased its portfolio allocation in HSY by 1,218.86% over the last quarter.
Jpmorgan Chase holds 4,701K shares representing 3.18% ownership of the company. In its prior filing, the firm reported owning 3,919K shares , representing an increase of 16.64%. The firm increased its portfolio allocation in HSY by 1,204.28% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 4,678K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 4,670K shares , representing an increase of 0.16%. The firm decreased its portfolio allocation in HSY by 1.86% over the last quarter.
Charles Schwab Investment Management holds 4,388K shares representing 2.97% ownership of the company. In its prior filing, the firm reported owning 4,278K shares , representing an increase of 2.49%. The firm decreased its portfolio allocation in HSY by 15.58% over the last quarter.
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This story originally appeared on Fintel.
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