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The Hershey Company Faces Turmoil as Stock Position is Reduced by Confluence Investment Management LLC

January 09, 2025
The Hershey Company (NYSE:HSY), famous for its sweet treats, is currently facing a wave of turmoil as its stock position is significantly reduced by Confluence Investment Management LLC. This information was revealed by reputable financial news source, MarketScreener.

Institutional shareholders have a significant influence over HSY, with 89% ownership of the company, according to data from Yahoo Finance. Confluence Investment Management LLC, a prominent investment firm, has recently decided to reduce its position in the company, causing concern and speculation among investors.

Analysts have taken notice of this development, resulting in an average price target of $184.61 for HSY stock. This suggests a possible downward movement in the company's stock value in the near future.

While the specific reasons behind Confluence Investment Management LLC's decision to reduce its position in HSY are not disclosed, it is important for investors to stay informed and make well-informed decisions. To gain professional insights and forecasts on the movement of HSY's stocks, experts recommend consulting Stocks Prognosis, a trusted source for stock market analysis and predictions.

Investors are advised to carefully consider the current situation surrounding The Hershey Company and seek professional advice before making any investment decisions. Stocks Prognosis can provide valuable insights into the potential future movements of HSY stock.
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Other data for HSY

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HSYMarch 21, 2025The Hershey Company NYSE:HSY Sees Decrease in Ratings from Brokerages and Sale of Shares  ~1 min.

The Hershey Company, a leading chocolate and confectionery manufacturer, has recently received a decrease in average rating from brokerages....

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The Hershey Company (NYSE:HSY) has announced its financial results for the second quarter of 2021, reporting a significant increase in profits. The company's net sales reached $1....

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Hershey, known for its delectable chocolate treats, has recently made a bold move by launching a new product in the candy market....

HSYMarch 14, 2025Hershey Announces Stacy Taffet as Chief Growth Officer  ~1 min.

The Hershey Company (NYSE: HSY) has recently announced the appointment of Stacy Taffet as their Chief Growth Officer....

HSYMarch 1, 2025D.A. Davidson CO. Decreases Position in The Hershey Company NYSE:HSY  ~1 min.

The renowned financial firm, D.A. Davidson CO., has recently reduced its position in the iconic confectionery company, The Hershey Company (NYSE:HSY)....

HSYFebruary 27, 2025D.A. The Hershey Company NYSE:HSY Shares Bought by Asset Management One Co. Ltd.  ~1 min.

Asset Management One Co. Ltd., a leading investment management firm, has recently announced the purchase of shares in The Hershey Company....

HSYFebruary 25, 2025Hershey Company Announces Pricing of 2 Billion Notes Offering for Debt Refinancing  ~1 min.

Hershey Company, a renowned American chocolate manufacturer, has recently announced the pricing of a 2 billion dollar notes offering....

HSYFebruary 23, 2025Hershey Prices 2 Billion Notes Offering to Refinance Existing Debt  ~1 min.

The Hershey Company recently announced the pricing of its notes offering, amounting to a staggering $2 billion. The purpose of this offering is to refinance the company's existing debt....

HSYFebruary 21, 2025The Hershey Company: An Attractive High Dividend Stock Option  ~2 min.

The Hershey Company (HSY) is currently considered one of the best high dividend stocks to invest in....

HSYFebruary 20, 2025The Hershey Company HSY: Among the Cheap High Dividend Stocks to Invest In Now  ~1 min.

The Hershey Company, known for its iconic chocolate products, is currently listed as one of the cheap high dividend stocks to invest in now....

SOJanuary 8, 2025Important Changes in Ownership for The Southern Company  ~2 min.

Recently, CWA Asset Management Group LLC sold 8,129 shares of The Southern Company (NYSE: SO)....

AXPDecember 15, 2024American Express Company NYSE:AXP is largely controlled by institutional shareholders  ~1 min.

According to recent reports, institutional shareholders own 66% of American Express Company (NYSE:AXP)....

HSYJanuary 4, 2025The Hershey Company NYSE:HSY: A Sweet Success Story  ~1 min.

The Hershey Company, a leading chocolate and confectionery manufacturer, is largely controlled by institutional shareholders who own 89% of the company, according to Yahoo Finance....

WECJanuary 8, 2025WEC Energy Group Inc. NYSE:WEC is Confluence Investment Management LLC's 10th Largest Position  ~1 min.

Confluence Investment Management LLC has recently revealed that WEC Energy Group Inc, listed on NYSE under the ticker symbol WEC, is its 10th largest position....

HSYJanuary 7, 2025The Hershey Company NYSE:HSY Receives 184.61 Average Price Target  ~1 min.

The Hershey Company, known for its popular chocolate products, has recently received an average price target of $184.61....