Consumer Goods New Highs: Pitney Bowes (NYSE:PBI) Mead Johnson Nutrition (NYSE:MJN), TAP, Anheuser Busch Inbev SA (NYSE:BUD)

Pitney Bowes Inc. (NYSE:PBI) representing a positive net cash flow of $9,221,622 into the stock. Institutional traders also took positions in options where a total of 22,058 contracts was traded. The put call ratio equaled 0.39 with 6,200 put and 15,858 call contracts exchanging hands. Pitney Bowes is the largest global provider of mail stream solutions. Founded over 90 years ago, the company’s core equipment business has expanded from postage metering machines to more complex mail sorting, inserting, and production equipment. Pitney Bowes Inc. (NYSE:PBI) shares after opening at $27.22 moved to $27.58 on last trade day and at the end of the day closed at $26.98. Company price to sales ratio in past twelve months was calculated as 1.41 and price to cash ratio as 5.82. Pitney Bowes Inc. (NYSE:PBI) showed a positive weekly performance of 5.93%.

Mead Johnson Nutrition CO (NYSE:MJN) VP William P’pool sold 8,405 shares of the company’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $85.00, for a total value of $714,425.00. Following the completion of the sale, the vice president now directly owns 18,888 shares of the company’s stock, valued at approximately $1,605,480.Mead Johnson Nutrition CO (NYSE:MJN) shares fell -1.78% in last trading session and ended the day on $85.11. MJN return on equity ratio is recorded as 358.40% and its return on assets is 19.40%. Mead Johnson Nutrition CO (NYSE:MJN) yearly performance is 14.24%.

Molson Coors Brewing Company (NYSE:TAP)‘s stock had its “neutral” rating restated by Zacks in a research note issued to investors on Wednesday, Analyst Ratings Network reports. They currently have a $62.00 price target on the stock. Zacks‘s price target indicates a potential upside of 4.11% from the stock’s previous close. Molson Coors Brewing Company (NYSE:TAP) shares moved up 0.12% in last trading session and was closed at $59.79, while trading in range of $ 59.52 – 60.90. Molson Coors Brewing Company (NYSE:TAP) year to date (YTD) performance is 7.17%.

Last year, the company acquired Grupo Modelo SAB de C.V.’s U.S. beer business, which included the full ownership of Crown Imports from Anheuser-Busch InBev SA/NV (BUD – Snapshot Report). Moreover, Constellation Brands is enhancing its distribution channels in retail and effectively implementing strategic merchandising initiatives to augment sales, Anheuser Busch Inbev SA (ADR) (NYSE:BUD) weekly performance is 0.77%. On last trading day company shares ended up $106.63. Anheuser Busch Inbev SA (ADR) (NYSE:BUD) distance from 50-day simple moving average (SMA50) is 5.39%. Analysts mean target price for the company is $120.94.

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