Shares of Hormel Foods Corporation (NYSE:HRL) Sees Large Outflow of Money

Hormel Foods Corporation (NYSE:HRL) jumped 0.28 points or 0.81% on strong buying and was last priced at $34.92 per share. The shares saw huge fund flow intraday; a massive $9.01 million made their way in through the upticks but an even bigger $32.93 million made their way out through downticks. As per the last observation, the net money flow stood at $(-23.92) million and the up/down ratio was found to be 0.27. The shares have seen a weekly value change of 0.11% .A block trade was recorded in the company shares with a net money flow of $(-24.13) million. The composite value of the funds in upticks was $0.85 million and the total value of funds in downticks was $24.98. As can be seen from the data, the block transaction had the up/down ratio of 0.03.


The stock has recorded a 20-day Moving Average of 0.95% and the 50-Day Moving Average is 5.83%. The company shares have rallied 19.2% in the past 52 Weeks. On February 16, 2016 The shares registered one year high of $45.72 and one year low was seen on July 7, 2015 at $27.95. The 50-day moving average is $36.26 and the 200 day moving average is recorded at $39.72. S&P 500 has rallied 1.93% during the last 52-weeks.

Hormel Foods Corporation (NYSE:HRL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $34.68 and $34.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.10. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.92, notching a gain of 0.81% for the day. The total traded volume was 3,015,550 . The stock had closed at $34.64 on the previous day.

Currently the company Insiders own 3.54% of Hormel Foods Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.99% . Institutional Investors own 34.18% of Hormel Foods Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -13.66%. On the companys insider trading activities, Pippins Dakota A, director of Hormel Foods Corp /De/, unloaded 2,269 shares at an average price of $42.98 on April 7, 2016. The total amount of the transaction was worth $97,522, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Hormel Foods Corporation is a multinational manufacturer and marketer of food and meat products. The Company has five segments: Grocery Products, which consists of the processing, marketing and sale of shelf-stable food products sold primarily in the retail market; Refrigerated Foods, which consists of the processing, marketing and sale of branded and unbranded pork and beef products for retail, foodservice and fresh product customers; Jennie-O Turkey Store, which consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers; Specialty Foods, which consists of the packaging and sale of private label shelf stable products, nutritional products, sugar and condiments to industrial, retail and foodservice customers, and International & Other, which includes the Hormel Foods International operating segment, which manufactures, markets and sells the Company products internationally.

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