now owns 6,672,664 shares of the company’s stock worth $169,419,000 after buying an additional 450,124 shares in the last quarter.
lifted its position in Nomad Foods by 7.2% during the fourth quarter. Boston Partners now owns 7,057,024 shares of the company’s stock worth $159,201,000 after acquiring an additional 141,789 shares during the last quarter. Boston Partners boosted its stake in shares of Nomad Foods by 2.1% in the first quarter. Allspring Global Investments Holdings LLC purchased a new position in Nomad Foods during the fourth quarter valued at approximately $251,341,000. Wellington Management Group LLP now owns 15,574,393 shares of the company’s stock valued at $351,670,000 after acquiring an additional 1,501,225 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Nomad Foods by 10.7% in the 1st quarter. Several hedge funds and other institutional investors have recently made changes to their positions in the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $27.44. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. Finally, Zacks Investment Research cut Nomad Foods from a “hold” rating to a “sell” rating in a research note on Thursday, April 28th. Mizuho lowered their price objective on Nomad Foods from $31.00 to $25.00 in a research report on Tuesday, May 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on Nomad Foods from $25.00 to $26.00 in a research report on Thursday, May 12th. The Goldman Sachs Group reduced their price target on Nomad Foods from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday, March 16th. They issued a “hold” rating for the company. started coverage on shares of Nomad Foods in a research report on Thursday, March 31st. NOMD has been the subject of several research reports. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that follow Nomad Foods. For the next financial year, analysts forecast that the company will post earnings of $1.97 per share, with EPS estimates ranging from $1.96 to $1.97. On average, analysts expect that Nomad Foods will report full-year earnings of $1.80 per share for the current year, with EPS estimates ranging from $1.78 to $1.81. The business is scheduled to report its next quarterly earnings report on Monday, January 1st. Nomad Foods posted earnings per share of $0.48 during the same quarter last year, which would indicate a negative year-over-year growth rate of 4.2%.
Two analysts have provided estimates for Nomad Foods’ earnings, with the lowest EPS estimate coming in at $0.44 and the highest estimate coming in at $0.47. Wall Street analysts expect that Nomad Foods Limited ( NYSE:NOMD – Get Rating) will announce earnings per share (EPS) of $0.46 for the current fiscal quarter, according to Zacks Investment Research.