Quantbot Technologies LP lifted its stake in shares of Pinnacle Foods Inc (NYSE:PF) by 22.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,838 shares of the company’s stock after acquiring an additional 4,042 shares during the quarter. Quantbot Technologies LP’s holdings in Pinnacle Foods were worth $1,415,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fort L.P. acquired a new stake in shares of Pinnacle Foods in the second quarter worth $123,000. NumerixS Investment Technologies Inc acquired a new stake in shares of Pinnacle Foods in the second quarter worth $130,000. Signition LP acquired a new stake in shares of Pinnacle Foods in the second quarter worth $201,000. Engineers Gate Manager LP acquired a new stake in shares of Pinnacle Foods in the second quarter worth $202,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Pinnacle Foods in the second quarter worth $205,000. 94.33% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE:PF opened at $66.66 on Friday. Pinnacle Foods Inc has a 1 year low of $52.25 and a 1 year high of $70.51.
ILLEGAL ACTIVITY WARNING: This story was first posted by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another website, it was copied illegally and reposted in violation of U.S. and international copyright law. The original version of this story can be read at https://www.com-unik.info/2018/12/02/quantbot-technologies-lp-grows-stake-in-pinnacle-foods-inc-pf.html.
About Pinnacle Foods
Pinnacle Foods Inc manufactures, markets, and distributes branded convenience food products in North America. It operates through four segments: Frozen, Grocery, Boulder, and Specialty. The Frozen segment offers frozen vegetables, frozen complete bagged meals, frozen prepared seafood, frozen and refrigerated bagels, frozen pizza, and full-calorie single-serve frozen dinners and entrées under the Birds Eye, Birds Eye Voila!, Van de Kamp's, Mrs.
Further Reading: Asset Allocation, Balancing Your Investments
Want to see what other hedge funds are holding PF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pinnacle Foods Inc (NYSE:PF).
Receive News & Ratings for Pinnacle Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Foods and related companies with MarketBeat.com's FREE daily email newsletter.