Hostess Brands, Inc. (TWNK) Given Consensus Recommendation of “Hold” by Analysts

Hostess Brands, Inc. (NASDAQ:TWNK) has been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $16.88.

A number of analysts have issued reports on TWNK shares. Zacks Investment Research downgraded Hostess Brands from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Royal Bank of Canada reissued a “buy” rating and issued a $16.00 target price on shares of Hostess Brands in a research report on Wednesday, October 25th. BidaskClub downgraded Hostess Brands from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 3rd. Morgan Stanley decreased their target price on Hostess Brands from $14.00 to $12.00 and set an “equal weight” rating for the company in a research report on Thursday, November 9th. Finally, TheStreet raised Hostess Brands from a “c” rating to a “b-” rating in a research report on Thursday, February 8th.

Shares of Hostess Brands (NASDAQ TWNK) traded down $0.11 during trading on Wednesday, reaching $12.84. The company had a trading volume of 682,400 shares, compared to its average volume of 957,739. Hostess Brands has a 1-year low of $11.00 and a 1-year high of $17.18. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.88 and a current ratio of 2.18.

In related news, CEO William Douglas Toler purchased 50,000 shares of Hostess Brands stock in a transaction dated Friday, November 24th. The stock was bought at an average cost of $12.88 per share, for a total transaction of $644,000.00. Following the completion of the transaction, the chief executive officer now owns 250,000 shares in the company, valued at $3,220,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Cdm Hostess Class C, Llc sold 25,752 shares of Hostess Brands stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $15.30, for a total value of $394,005.60. Following the completion of the transaction, the insider now owns 25,752 shares of the company’s stock, valued at $394,005.60. The disclosure for this sale can be found here. Company insiders own 25.50% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Janus Henderson Group PLC grew its position in shares of Hostess Brands by 31.3% in the third quarter. Janus Henderson Group PLC now owns 9,704,630 shares of the company’s stock valued at $132,565,000 after purchasing an additional 2,316,041 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Hostess Brands by 56.9% in the second quarter. Vanguard Group Inc. now owns 6,695,119 shares of the company’s stock valued at $107,791,000 after purchasing an additional 2,428,469 shares in the last quarter. BlackRock Inc. grew its position in shares of Hostess Brands by 2.1% in the fourth quarter. BlackRock Inc. now owns 5,143,867 shares of the company’s stock valued at $76,181,000 after purchasing an additional 106,348 shares in the last quarter. River Road Asset Management LLC purchased a new position in shares of Hostess Brands in the fourth quarter valued at $38,266,000. Finally, Channing Capital Management LLC grew its position in shares of Hostess Brands by 61.4% in the fourth quarter. Channing Capital Management LLC now owns 2,195,289 shares of the company’s stock valued at $32,512,000 after purchasing an additional 834,845 shares in the last quarter. Institutional investors own 73.71% of the company’s stock.

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Hostess Brands Company Profile

Hostess Brands, Inc, a packaged food company, focuses on developing, manufacturing, marketing, selling, and distributing fresh sweet baked goods in the United States. The company operates in two segments, Sweet Baked Goods and Other. Its principal product lines include Twinkies, Zingers, Donettes, coffee cakes, cupcakes, cinnamon rolls, Ding Dongs, honey buns, fruit pies, Sno Balls, mini muffins, Chocodiles, Ho Hos, brownies, Suzy Qs, bread and buns, danishes, jumbo muffins, iced cookies, eclairs, and madeleines.

Analyst Recommendations for Hostess Brands (NASDAQ:TWNK)

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