Kraft Foods Group Inc (NASDAQ:KRFT) will begin trading ex-dividend on April 09, 2014. A cash dividend payment of $0.525 per share is scheduled to be paid on April 25, 2014. Shareholders who purchased KRFT stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that KRFT has paid the same dividend. Kraft Foods Group Inc (NASDAQ:KRFT) shares after opening at $57.68 on last trade day and at the end of the day closed at $57.44. Company price to sales ratio in past twelve months was calculated as 1.87 and price to cash ratio as 20.31. Kraft Foods Group Inc (NASDAQ:KRFT) showed a positive weekly performance of 2.37%.
Zacks Investment Research downgraded Post Holdings Inc (NYSE:POST) to a Zacks Rank #5 (Strong Sell) on March 19 after the company announced a soft guidance for certain items for fiscal 2014. Post Holdings Inc (NYSE:POST) shares advanced 0.99% in last trading session and ended the day on $53.18. POST return on equity ratio is recorded as -0.20% and its return on assets is -0.10%. Post Holdings Inc (NYSE:POST) yearly performance is 21.21%.
Annies Inc (NYSE:BNNY), a leading natural and organic food company, on April 2, 2014 announced that it has completed the acquisition of Safeway’s snack manufacturing plant in Joplin, Missouri, which has been Annie’s primary manufacturer of cookie and cracker products since the inception of its snacks business in 2002. Annie’s Baking, LLC, a subsidiary of Annie’s, Inc., acquired the plant for $6.0 million, plus the actual cost of inventory and supplies on hand at closing. The acquisition was funded with approximately $7.4 million in cash on hand. Concurrent with the closing of the transaction, Annie’s Baking, LLC also entered into a supply agreement to produce products on behalf of an affiliate of Safeway Inc. for a period of three years. Annies Inc (NYSE:BNNY) shares moved down -0.35% in last trading session and was closed at $36.65, while trading in range of $36.26 – $37.05. Annies Inc (NYSE:BNNY) year to date (YTD) performance is -14.85%.
Sanderson Farms (NASDAQ:SAFM) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Tuesday, Stock Ratings Network.com reports. They currently have a $82.80 price objective on the stock. Zacks‘s price target suggests a potential upside of 6.09% from the stock’s previous close. Sanderson Farms, Inc. (NASDAQ:SAFM) weekly performance is -0.29%. On last trading day company shares ended up $78.60. Sanderson Farms, Inc. (NASDAQ:SAFM) distance from 50-day simple moving average (SMA50) is 4.56%. Analysts mean target price for the company is $70.75.
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