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Alyeska Investment Group Buys 465,000 Hormel Foods Shares

Hormel Foods logoHormel Foods
Sig0.82Sen+0.55Env0.00Soc0.00Gov0.00

Alyeska Investment Group L.P. bought 465,000 Hormel Foods shares valued at about $11.54 million. Other firms added positions as well, including Strive Financial Group LLC, Fiduciary Financial Advisors, and Parkside Financial Bank & Trust. The company reported $2.96 billion revenue for the quarter versus $3.03 billion estimates, while analysts’ targets and ratings were largely neutral.

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