Financial Counselors Inc. Sells 1,000 Shares of Hostess Brands Inc (TWNK)

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Financial Counselors Inc. lowered its stake in Hostess Brands Inc (NASDAQ:TWNK) by 1.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 75,637 shares of the company’s stock after selling 1,000 shares during the quarter. Financial Counselors Inc.’s holdings in Hostess Brands were worth $827,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of TWNK. Wells Fargo & Company MN raised its stake in shares of Hostess Brands by 57.1% in the third quarter. Wells Fargo & Company MN now owns 2,622,617 shares of the company’s stock worth $29,031,000 after buying an additional 953,279 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Hostess Brands by 18.4% in the third quarter. Dimensional Fund Advisors LP now owns 5,715,597 shares of the company’s stock worth $63,272,000 after buying an additional 886,636 shares during the period. Massachusetts Financial Services Co. MA raised its stake in shares of Hostess Brands by 49.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,619,852 shares of the company’s stock worth $17,931,000 after buying an additional 537,691 shares during the period. Vanguard Group Inc raised its stake in shares of Hostess Brands by 5.5% in the third quarter. Vanguard Group Inc now owns 8,190,752 shares of the company’s stock worth $90,671,000 after buying an additional 428,147 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Hostess Brands by 5.5% in the third quarter. Vanguard Group Inc. now owns 8,190,752 shares of the company’s stock worth $90,671,000 after buying an additional 428,147 shares during the period. 85.15% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:TWNK opened at $11.59 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.13 and a quick ratio of 1.85. Hostess Brands Inc has a 12-month low of $9.86 and a 12-month high of $14.98. The stock has a market cap of $1.50 billion, a P/E ratio of 18.40 and a beta of 0.49.

Hostess Brands (NASDAQ:TWNK) last released its earnings results on Wednesday, November 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). Hostess Brands had a return on equity of 3.76% and a net margin of 27.74%. The business had revenue of $211.00 million for the quarter, compared to analysts’ expectations of $208.64 million. During the same quarter in the prior year, the business posted $0.14 EPS. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. As a group, research analysts anticipate that Hostess Brands Inc will post 0.52 EPS for the current year.

Several research firms have recently commented on TWNK. Zacks Investment Research downgraded Hostess Brands from a “hold” rating to a “sell” rating in a research note on Saturday, November 17th. BidaskClub downgraded Hostess Brands from a “buy” rating to a “hold” rating in a research note on Friday, January 25th. Finally, Royal Bank of Canada decreased their price objective on Hostess Brands from $14.00 to $12.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 8th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $14.11.

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About Hostess Brands

Hostess Brands, Inc, a packaged food company, develops, manufactures, markets, sells, and distributes fresh sweet baked goods in the United States. It primarily offer coffee cakes, cinnamon rolls, honey buns, brownies, bread and buns, jumbo muffins, and eclairs under the Twinkies, CupCakes, Ding Dongs, Zingers, HoHos, Donettes, Dolly Madison, and Superior on Main brands.

Further Reading: Liquidity

Want to see what other hedge funds are holding TWNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hostess Brands Inc (NASDAQ:TWNK).

Institutional Ownership by Quarter for Hostess Brands (NASDAQ:TWNK)

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