UBS Downgrades Rating On Hostess Brands, Inc. (TWNK)

Lloyd Doyle
October 13, 2017

A number of other analysts also recently weighed in on TWNK.

The High Revenue estimate is predicted as 203820, while the Low Revenue Estimate prediction stands at 193000. The firm has made a decision to set a "Neutral" rating along with a $15.00, adding 11.94 % to the target. On September 25 analysts at Morgan Stanley began coverage of TWNK setting a rating of "Equal-Weight". The company presently has an average rating of "Buy" and an average target price of $16.89. Finally, Royal Bank Of Canada assumed coverage on Hostess Brands in a report on Monday, September 18th. They issued an "outperform" rating and a $16.00 price target on the stock. Melcor Developments had 6 analyst reports since August 14, 2015 according to SRatingsIntel. The rating was initiated by Deutsche Bank with "Buy" on Wednesday, February 15.

Hostess Brands (NASDAQ:TWNK) last released its quarterly earnings results on Tuesday, August 8th. The volume of TWNK witnessed a shift from 1.3 million shares, based on a 50-day average, to 1.03 million shares. The 50 day moving average went down $-1.48 or -10.92% and the 200 day average was down $-3.12. Hostess Brands's revenue was up 15.2% compared to the same quarter past year. Over the past month the firm's stock is 0.22%, -15.21% for the last quarter, -14.35% for the past six-months and 22.09% for the previous year. The firm had revenue of $203.18 million during the quarter, compared to analyst estimates of $205.41 million. Victory Capital Management Inc. lifted its stake in Hostess Brands by 61.8% in the 2nd quarter. Out of 2 Wall Street analysts rating ADA-ES, 2 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". If you are reading this piece on another site, it was illegally stolen and republished in violation of worldwide trademark & copyright legislation. The correct version of this report can be accessed at The stock was sold at an average price of $15.25, for a total value of $9,150,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Following the completion of the purchase, the chief executive officer now owns 560,000 shares in the company, valued at $7,761,600. The disclosure for this purchase can be found here. Insiders own 31.20% of the company's stock. Nationwide Fund Advisors acquired a new stake in shares of Hostess Brands in the 1st quarter valued at about $345,000. Vaughan Nelson Investment Management L.P. raised its holdings in Hostess Brands by 1.8% in the 2nd quarter. The firm bought 140,621 shares of the company's stock, valued at approximately $2,264,000. Sei Investments Co. purchased a new position in Hostess Brands in the first quarter valued at about $166,000. Ameriprise Financial Inc. grew its stake in shares of Hostess Brands by 194.2% in the 1st quarter. Finally, Parametric Portfolio Associates LLC acquired a new stake in shares of Hostess Brands in the 1st quarter valued at about $5,720,000. Institutional investors own 77.51% of the company's stock.

Shares of Hostess dropped as much as 14 percent to $11.61 in NY on Friday, the lowest intraday price since shortly after the company went public in November 2016. He also cited slowing category trends and market share loss in its Sweet Baked Goods unit.

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