Hostess Brands Inc (NASDAQ:TWNK)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $14.86 and last traded at $14.83, with a volume of 5814 shares changing hands. The stock had previously closed at $14.73.

Several analysts recently weighed in on the stock. Evercore ISI assumed coverage on shares of Mondelez International in a report on Tuesday, June 11th. They issued an “outperform” rating and a $62.00 target price for the company. UBS Group reiterated a “sell” rating on shares of in a report on Monday, June 24th. JPMorgan Chase & Co. downgraded shares of Aeroports de Paris from an “overweight” rating to a “neutral” rating in a report on Thursday, May 9th. DA Davidson assumed coverage on shares of Nomad Foods in a report on Wednesday, June 19th. They issued a “buy” rating and a $26.00 target price for the company. Finally, BidaskClub downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, June 26th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. Hostess Brands presently has an average rating of “Buy” and an average price target of $14.57.

The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.91 and a current ratio of 2.19. The firm has a market capitalization of $1.92 billion, a P/E ratio of 26.81 and a beta of 0.55. The business’s 50-day moving average is $13.84.

Hostess Brands (NASDAQ:TWNK) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.14 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.14. Hostess Brands had a net margin of 6.96% and a return on equity of 3.60%. The company had revenue of $222.74 million during the quarter, compared to analysts’ expectations of $210.90 million. On average, equities analysts predict that Hostess Brands Inc will post 0.62 earnings per share for the current fiscal year.

In other Hostess Brands news, Director C. Dean Metropoulos sold 1,834,300 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $13.31, for a total value of $24,414,533.00. Following the completion of the transaction, the director now owns 458,939 shares of the company’s stock, valued at approximately $6,108,478.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hostess Cdm Co-Invest, Llc sold 6,165,700 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $13.31, for a total transaction of $82,065,467.00. Following the completion of the transaction, the insider now directly owns 6,165,700 shares of the company’s stock, valued at approximately $82,065,467. The disclosure for this sale can be found here. Company insiders own 23.60% of the company’s stock.

A number of hedge funds have recently modified their holdings of TWNK. Nuveen Asset Management LLC purchased a new stake in shares of Hostess Brands during the 4th quarter worth $19,300,000. Norges Bank purchased a new stake in shares of Hostess Brands during the 4th quarter worth $11,053,000. Victory Capital Management Inc. lifted its position in shares of Hostess Brands by 35.2% during the 1st quarter. Victory Capital Management Inc. now owns 2,691,327 shares of the company’s stock worth $33,642,000 after purchasing an additional 701,054 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Hostess Brands by 12.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,402,025 shares of the company’s stock worth $70,037,000 after purchasing an additional 686,428 shares during the last quarter. Finally, Westwood Holdings Group Inc. lifted its position in shares of Hostess Brands by 24.3% during the 1st quarter. Westwood Holdings Group Inc. now owns 2,654,485 shares of the company’s stock worth $33,182,000 after purchasing an additional 518,816 shares during the last quarter. 84.83% of the stock is owned by institutional investors.

Hostess Brands Company Profile (NASDAQ:TWNK)

Hostess Brands, Inc, a packaged food company, develops, manufactures, markets, sells, and distributes fresh sweet baked goods in the United States. It primarily offer a range of snack cakes, donuts, sweet rolls, breakfast pastries, snack pies, and related products. The company operates in two segments, Sweet Baked Goods and In-Store Bakery.

Further Reading: What is a put option?

Receive News & Ratings for Hostess Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hostess Brands and related companies with MarketBeat.com's FREE daily email newsletter.