NewEdge Advisors LLC Cuts Stock Holdings in Hershey Company (The) $HSY
MarketBeat
NewEdge Advisors LLC reduced its stake in Hershey Company by 25.7% in the second quarter, selling 6,357 shares and retaining 18,367 shares valued at $3.22 million. Despite strong quarterly earnings and a dividend announcement, analysts maintain a "Hold" rating with an average price target of $204.78. Institutional investors collectively own 57.96% of HSY, while company insiders hold 0.08%.
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