EPS for B&G Foods, Inc. (BGS) Expected At $0.50; Richard Bernstein Advisors Increased Altria Group (MO) Stake By $401,789

April 19, 2018 - By Louis Casey

B&G Foods, Inc. (NYSE:BGS) Logo

Analysts expect B&G Foods, Inc. (NYSE:BGS) to report $0.50 EPS on May, 3.They anticipate $0.08 EPS change or 13.79% from last quarter’s $0.58 EPS. BGS’s profit would be $33.31M giving it 12.10 P/E if the $0.50 EPS is correct. After having $0.57 EPS previously, B&G Foods, Inc.’s analysts see -12.28% EPS growth. The stock decreased 0.41% or $0.1 during the last trading session, reaching $24.2. About 202,969 shares traded. B&G Foods, Inc. (NYSE:BGS) has declined 37.88% since April 19, 2017 and is downtrending. It has underperformed by 49.43% the S&P500.

Richard Bernstein Advisors Llc increased Altria Group Inc (MO) stake by 46.57% reported in 2017Q4 SEC filing. Richard Bernstein Advisors Llc acquired 5,659 shares as Altria Group Inc (MO)’s stock declined 15.83%. The Richard Bernstein Advisors Llc holds 17,810 shares with $1.27M value, up from 12,151 last quarter. Altria Group Inc now has $108.33B valuation. The stock decreased 7.02% or $4.315 during the last trading session, reaching $57.185. About 8.49M shares traded or 3.17% up from the average. Altria Group, Inc. (NYSE:MO) has declined 17.05% since April 19, 2017 and is downtrending. It has underperformed by 28.60% the S&P500.

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable, and frozen food and household products in the United States, Canada, and Puerto Rico. The company has market cap of $1.61 billion. The Company’s products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato products, puffed corn and rice snacks, nut clusters, and other specialty products. It has a 7.42 P/E ratio. The firm markets its products under various brands, including Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, Molly McButter, Mrs.

Among 12 analysts covering B&G Foods (NYSE:BGS), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. B&G Foods had 44 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, June 14 by BMO Capital Markets. The rating was maintained by Piper Jaffray on Thursday, September 3 with “Neutral”. The company was maintained on Wednesday, October 4 by BMO Capital Markets. As per Wednesday, November 1, the company rating was upgraded by Stephens. The stock of B&G Foods, Inc. (NYSE:BGS) earned “Hold” rating by BMO Capital Markets on Friday, August 4. The firm has “Sell” rating by Zacks given on Thursday, August 27. The firm has “Neutral” rating given on Monday, October 19 by Buckingham Research. Credit Suisse downgraded the shares of BGS in report on Wednesday, March 7 to “Underperform” rating. The stock of B&G Foods, Inc. (NYSE:BGS) has “Outperform” rating given on Friday, September 4 by William Blair. The stock of B&G Foods, Inc. (NYSE:BGS) earned “Equal-Weight” rating by Barclays Capital on Tuesday, October 20.

Investors sentiment increased to 0.93 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It increased, as 63 investors sold MO shares while 521 reduced holdings. 134 funds opened positions while 410 raised stakes. 1.16 billion shares or 1.13% less from 1.17 billion shares in 2017Q3 were reported. Glg Prtn Limited Partnership has invested 0.08% of its portfolio in Altria Group, Inc. (NYSE:MO). Louisiana State Employees Retirement Sys stated it has 115,500 shares or 0.37% of all its holdings. Fayez Sarofim Com stated it has 5.6% in Altria Group, Inc. (NYSE:MO). Lincoln Natl invested 0.09% in Altria Group, Inc. (NYSE:MO). Massmutual Fsb Adv has invested 0% of its portfolio in Altria Group, Inc. (NYSE:MO). Captrust Financial has invested 0.08% in Altria Group, Inc. (NYSE:MO). Delta Asset Management Ltd Llc Tn invested in 27,182 shares. Fairfield Bush & stated it has 0.1% in Altria Group, Inc. (NYSE:MO). Mason Street Advisors Ltd Liability Corporation holds 0.44% or 265,795 shares in its portfolio. Valicenti Advisory Serv Inc reported 68,522 shares. Moreover, First Merchants Corp has 0.16% invested in Altria Group, Inc. (NYSE:MO). Todd Asset Management Llc invested in 0.76% or 392,942 shares. Orleans Management La holds 0.18% in Altria Group, Inc. (NYSE:MO) or 3,477 shares. 80,663 were accumulated by American & Management Company. Fincl owns 8,495 shares or 0.29% of their US portfolio.

Since February 7, 2018, it had 0 insider purchases, and 4 insider sales for $1.82 million activity. Quigley Brian W. sold $216,154 worth of Altria Group, Inc. (NYSE:MO) on Friday, March 2. Shares for $410,313 were sold by Dillard James E III on Friday, February 9. $199,488 worth of Altria Group, Inc. (NYSE:MO) was sold by SURGNER W HILDEBRANDT JR. The insider Johnson Craig A. sold 14,953 shares worth $995,734.

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