Shares of Kellogg Company (NYSE:K) Sees Large Inflow of Net Money Flow

The shares of Kellogg Company (NYSE:K) traded with a loss of -1.22 points or -1.56% in the most recent session. The shares last traded at $76.9. As per the trading info, the shares saw $38.88 million in upticks and lost $28.97 million in downticks, resulting in a net money flow of $9.91 million. The up/down ratio for the day was measured at 1.34. For the week, the shares had posted 2.36%.From the block trade data available, the total upticks were valued at $15.93 million and the total downticks were valued at $4.05 million, thereby putting the up/down ratio at 3.94. The net money flow for the block transaction was $11.89 million.


Currently the company Insiders own 8.8% of Kellogg Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.5% . Institutional Investors own 82.56% of Kellogg Company shares. During last six month period, the net percent change held by insiders has seen a change of -0.96%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Dissinger Ronald L, officer (Chief Financial Officer) of Kellogg Co, had unloaded 50,000 shares at an average price of $77.02 in a transaction dated on May 12, 2016. The total value of the transaction was worth $3,851,000.

Kellogg Company (NYSE:K) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.22 points or 1.56% at $76.9 with 2,455,366 shares getting traded. Post opening the session at $78, the shares hit an intraday low of $76.8 and an intraday high of $78.26 and the price was in this range throughout the day. The company has a market cap of $26,919 million and the number of outstanding shares have been calculated to be 350,048,200 shares. The 52-week high of Kellogg Company (NYSE:K) is $78.26 and the 52-week low is $61.665.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Citigroup maintains the rating on Kellogg Company (NYSE:K). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $84 per share to $90 per share. The rating by the firm was issued on April 14, 2016.

Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Companys principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. The Companys cereal products are generally marketed under the Kelloggs name and are sold to the grocery trade through direct sales forces for resale to consumers. The Company also markets cookies, crackers, crisps and other convenience foods, under brands, such as Kelloggs, Keebler, Cheez-It, Murray, Austin and Famous Amos, to supermarkets in the United States through a direct store-door (DSD) delivery system, although other distribution methods are also used. The Company uses broker and distributor arrangements for certain products. It also uses similar arrangements, in less-developed market areas or in those market areas outside of its focus.

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