Live Stock Coverage: Snyder’s-Lance Inc Rises A lot Today, Is Now One of The Best Performer

Live Stock Coverage: Snyder's Lance Inc Rises A lot Today, Is Now One of The Best Performer

The stock of Snyder’s-Lance Inc (NASDAQ:LNCE) is a huge mover today! About 226,975 shares traded hands. Snyder’s-Lance Inc (NASDAQ:LNCE) has risen 10.07% since April 5, 2016 and is uptrending. It has outperformed by 8.12% the S&P500.
The move comes after 5 months positive chart setup for the $3.60B company. It was reported on Nov, 8 by We have $55.49 PT which if reached, will make NASDAQ:LNCE worth $1.91 billion more.

Snyder’s-Lance Inc (NASDAQ:LNCE) Ratings Coverage

Out of 8 analysts covering Snyder’s-Lance Inc (NASDAQ:LNCE), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. Snyder’s-Lance Inc has been the topic of 13 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by BB&T Capital given on Monday, September 28. Suntrust Robinson upgraded the stock to “Buy” rating in Thursday, October 29 report. The firm has “Buy” rating by SunTrust given on Thursday, October 29. The stock of Snyder’s-Lance Inc (NASDAQ:LNCE) has “Sector Weight” rating given on Thursday, May 26 by KeyBanc Capital Markets. The stock has “Hold” rating given by Deutsche Bank on Tuesday, October 6. The firm has “Buy” rating given on Wednesday, December 16 by Jefferies. DA Davidson initiated the stock with “Buy” rating in Wednesday, April 27 report. BMO Capital Markets upgraded the stock to “Outperform” rating in Thursday, June 9 report. The stock has “Buy” rating given by BB&T Capital on Thursday, October 29. The firm earned “Hold” rating on Wednesday, August 12 by Zacks.

According to Zacks Investment Research, “Synders-Lance Inc, formerly known as Lancer Inc, is engaged in the manufacture, market and distribution of a variety of branded and private label snack foods and bakery products. Products include branded sandwich crackers, sandwich cookies, restaurant crackers and bread basket items, candy, chips, meat snacks, nuts and private label cookies and crackers. Products are packaged as individual, single servings and as larger packages or multi-pack configurations and are distributed to grocery stores, convenience stores, vending machines, food service institutions, and through up and down the street outlets .”

Insitutional Activity: The institutional sentiment decreased to 1.26 in 2016 Q2. Its down 1.48, from 2.74 in 2016Q1. The ratio dropped, as 32 funds sold all Snyder’s-Lance Inc shares owned while 50 reduced positions. 25 funds bought stakes while 78 increased positions. They now own 54.95 million shares or 7.83% more from 50.95 million shares in 2016Q1.
Waddell & Reed Fincl holds 0.08% or 1.14 million shares in its portfolio. Credit Agricole S A last reported 15,613 shares in the company. Gemmer Asset Management Ltd Liability Corp owns 117 shares or 0% of their US portfolio. Swiss Comml Bank accumulated 126,212 shares or 0.01% of the stock. Advsr Asset Management Inc accumulated 0% or 2,100 shares. State Treasurer State Of Michigan has invested 0.01% of its portfolio in Snyder’s-Lance Inc (NASDAQ:LNCE). The Colorado-based Employees Retirement Association Of Colorado has invested 0% in Snyder’s-Lance Inc (NASDAQ:LNCE). Everpoint Asset Ltd Liability Corp owns 275,827 shares or 0.18% of their US portfolio. Jennison Associates Limited Liability Corp owns 17,157 shares or 0% of their US portfolio. Confluence Investment Mgmt Llc, a Missouri-based fund reported 69,520 shares. First Interstate National Bank & Trust last reported 0% of its portfolio in the stock. Jpmorgan Chase & has 397,521 shares for 0% of their US portfolio. Babson Cap Management Ltd Liability Co accumulated 0.01% or 10,600 shares. Citigroup holds 0.01% of its portfolio in Snyder’s-Lance Inc (NASDAQ:LNCE) for 173,957 shares. Fifth Third State Bank accumulated 0% or 198 shares.

Insider Transactions: Since May 16, 2016, the stock had 1 insider purchase, and 5 insider sales for $135,026 net activity. SWANDER DAN C sold $77,500 worth of stock. DRISCOLL BRIAN J sold 5,000 shares worth $177,100. $144,000 worth of Snyder’s-Lance Inc (NASDAQ:LNCE) shares were sold by BRUBAKER PETER P. 6,932 shares were sold by DENTON JOHN E, worth $235,332. 17,240 shares were bought by WAREHIME PATRICIA A, worth $505,322. Myers Gail Sharps sold 200 shares worth $6,416.

More notable recent Snyder’s-Lance Inc (NASDAQ:LNCE) news were published by: which released: “Snyder’s-Lance, Inc. Acquires Remaining Interest in Metcalfe’s skinny Limited” on September 01, 2016, also with their article: “Snyder’s-Lance Completes Acquisition of Diamond Foods, Inc.” published on February 29, 2016, published: “Snyder’s-Lance, Inc. Reports Results for First Quarter of Fiscal 2016” on May 10, 2016. More interesting news about Snyder’s-Lance Inc (NASDAQ:LNCE) were released by: and their article: “Snyder’s-Lance Announces Meeting Date for Shareholder Vote and Preliminary …” published on January 27, 2016 as well as‘s news article titled: “Can Snyder’s-Lance rejuvenate the microwave popcorn category?” with publication date: November 08, 2016.

LNCE Company Profile

Snyder’s-Lance, Inc., incorporated on December 14, 1926, is a snack food company. The Firm operates in the manufacturing, distribution, marketing and sale of snack food products segment. The Company’s products include pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, nuts, restaurant style crackers and other salty snacks. Additionally, the Company purchases certain cake products and sells under its brands. The Company’s products are packaged in various single-serve, multi-pack and family-size configurations. The Company’s core brands include Snyder’s of Hanover, Lance, Cape Cod, Snack Factory, Pretzel Crisps and Late July. The Company’s allied brands include Tom’s, Archway, Jays, Stella D’oro, EatSmart Snacks, Krunchers! and O-Ke-Doke.

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