UBS Downgrades Rating On Hostess Brands, Inc. (TWNK)

With CEO Retiring Hostess Brands' Turnaround Won't Be A Cakewalk

Currently Hostess Brands Inc (NASDAQ:TWNK)'s shares owned by insiders are 9%, whereas shares owned by institutional owners are 0%.

TRADEMARK VIOLATION WARNING: "Hostess Brands (TWNK) Downgraded by UBS AG to "Sell" was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. Finally, Marshall Wace North America L.P. bought a new position in Hostess Brands in the 2nd quarter valued at about $26,466,000. Finally, Royal Bank Of Canada assumed coverage on shares of Hostess Brands in a report on Monday, September 18th.

Insider Trades for Hostess Brands, Inc. show that the latest trade was made on 10 Aug 2017 where Cramer (Michael John), the Officer completed a transaction type "Buy" in which 3000 shares were traded at a price of $13.98. Ameriprise Financial Inc. now owns 343,026 shares of the company's stock valued at $5,444,000 after buying an additional 226,424 shares during the period. Hostess Brands has $20 highest and $14 lowest target. The company rocked its 52-Week High of $17.18 and touched its 52-Week Low of $10.82. This is assuming the current $0.12 EPS is accurate.

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Hostess Brands (NASDAQ:TWNK) last issued its quarterly earnings results on Tuesday, August 8th. He inherited a company that had struggled for years and twice filed for bankruptcy, The new management team brought Twinkies back to store shelves and orchestrated the company's return to the public markets through a reverse merger. Including today's unusual volume, Hostess Brands, Inc.'s stock is performing at 3.31% on the year.

TWNK has been the subject of a number of analyst reports. Hostess Brands had 8 analyst reports since February 14, 2017 according to SRatingsIntel. They set a "neutral" rating and a $15.00 price target for the company. Morgan Stanley started coverage on Hostess Brands in a research report on Monday, September 25th. The consensus analyst target price is $17.56. The stock has "Buy" rating by Deutsche Bank on Wednesday, February 15. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. They issued an "equal weight" rating and a $14.00 price target on the stock. The stock was sold at an average price of $15.25, for a total value of $15,250,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO William Douglas Toler purchased 75,000 shares of the business's stock in a transaction on Friday, August 11th. Its book value per share for the most recent quarter is $9.49 while its price to book ratio for the same period is 1.42, as for as the company's cash per share for the most recent quarter is $0.67, however its price to cash per share ratio for the same period is 20.2. The disclosure for this sale can be found here.

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