Joseph Field, Entercom Communications Corp. (ETM)’s insider Invested in 200,000 Shares; Pilgrims Pride Has 1.14 Sentiment

PilgrimÂ’s Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the United States, Mexico, and Puerto Rico. The company has market cap of $6.26 billion. It offers fresh chicken products comprising pre-marinated or non-marinated refrigerated whole chickens, prepackaged case-ready chicken, whole cut-up chickens, and selected chicken parts. It has a 9.02 P/E ratio. The firm also provides prepared chicken products, including portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts.

Joseph Field is the Chairman Emeritus of Entercom Communications Corp. He lately picked up 200,000 shares in the corporation with the transaction value totalling close to $1.98 million U.S. Dollars . This number is according to the filing documented price of $9.9 for every share. He also purchased 800,000 shares worth total $7.96 million USD in the last month. Joseph Field has in hand about 4.35% of Entercom Communications Corp’s total market capitalization or 6.02 million shares. Considering the size of the trade, it is difficult to stay unseen.

Entercom Communications Corp. operates as a radio broadcasting firm in the United States. The company has market cap of $1.32 billion. The firm owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. It has a 2.18 P/E ratio. As of February 22, 2017, it had 126 stations in 28 markets.

The stock decreased 3.54% or $0.35 during the last trading session, reaching $9.55. About 2.40 million shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 15.65% since March 20, 2017 and is downtrending. It has underperformed by 32.35% the S&P500.

Investors sentiment increased to 7.95 in 2017 Q3. Its up 6.45, from 1.5 in 2017Q2. It increased, as 15 investors sold Entercom Communications Corp. shares while 23 reduced holdings. 25 funds opened positions while 32 raised stakes. 25.83 million shares or 18.66% more from 21.77 million shares in 2017Q2 were reported. Moors Cabot accumulated 0.11% or 64,550 shares. Principal Grp Inc Incorporated has invested 0.01% in Entercom Communications Corp. (NYSE:ETM). 1.48M are owned by Northern Trust. Clear Harbor Asset Management Ltd Liability Company stated it has 0.04% in Entercom Communications Corp. (NYSE:ETM). Phocas holds 0.59% of its portfolio in Entercom Communications Corp. (NYSE:ETM) for 569,343 shares. Balyasny Asset Management Lc owns 0.01% invested in Entercom Communications Corp. (NYSE:ETM) for 160,000 shares. Group One Trading L P stated it has 7,975 shares or 0% of all its holdings. Wilen Inv has 32,048 shares for 0.21% of their portfolio. Huntington National Bank & Trust has invested 0% in Entercom Communications Corp. (NYSE:ETM). Millennium Limited Liability Corp stated it has 0% in Entercom Communications Corp. (NYSE:ETM). Moreover, Ameriprise Inc has 0% invested in Entercom Communications Corp. (NYSE:ETM) for 14,638 shares. Tiaa Cref Invest Mgmt Ltd Llc, a New York-based fund reported 106,852 shares. Dimensional Fund Advsr L P has invested 0.01% of its portfolio in Entercom Communications Corp. (NYSE:ETM). 218,241 were reported by Geode Capital Management Ltd. Moreover, Nationwide Fund Advsrs has 0% invested in Entercom Communications Corp. (NYSE:ETM) for 23,041 shares.

Since March 9, 2018, it had 2 insider purchases, and 0 selling transactions for $7.96 million activity. The insider FIELD JOSEPH M bought $4.96M.

Among 3 analysts covering Entercom Communications (NYSE:ETM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Entercom Communications had 5 analyst reports since August 18, 2015 according to SRatingsIntel. Stephens initiated it with “Equal-Weight” rating and $12 target in Friday, December 11 report. The rating was upgraded by Wells Fargo on Tuesday, August 18 to “Outperform”. As per Monday, July 24, the company rating was maintained by Noble Financial. The rating was maintained by Noble Financial on Monday, November 27 with “Buy”. The rating was maintained by Noble Financial on Monday, July 31 with “Buy”.

Analysts await Entercom Communications Corp. (NYSE:ETM) to report earnings on May, 14. They expect $0.07 EPS, up 133.33% or $0.04 from last year’s $0.03 per share. ETM’s profit will be $9.68M for 34.11 P/E if the $0.07 EPS becomes a reality. After $-0.23 actual EPS reported by Entercom Communications Corp. for the previous quarter, Wall Street now forecasts -130.43% EPS growth.

Denali Advisors Llc holds 2.79% of its portfolio in Pilgrim's Pride Corporation for 593,788 shares. Corecommodity Management Llc owns 57,363 shares or 1.54% of their US portfolio. Moreover, Delphi Management Inc Ma has 1.42% invested in the company for 89,689 shares. The Hawaii-based C M Bidwell & Associates Ltd has invested 1.24% in the stock. Origin Asset Management Llp, a United Kingdom-based fund reported 704,500 shares.

Analysts await Pilgrim's Pride Corporation (NASDAQ:PPC) to report earnings on May, 2. They expect $0.55 EPS, up 44.74% or $0.17 from last year’s $0.38 per share. PPC’s profit will be $136.81 million for 11.44 P/E if the $0.55 EPS becomes a reality. After $0.58 actual EPS reported by Pilgrim's Pride Corporation for the previous quarter, Wall Street now forecasts -5.17% negative EPS growth.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $2.54 million activity.

The stock decreased 2.93% or $0.76 during the last trading session, reaching $25.17. About 1.04 million shares traded. Pilgrim's Pride Corporation (PPC) has declined 5.02% since March 20, 2017 and is downtrending. It has underperformed by 21.72% the S&P500.