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Stock impact report

Hormel Foods Corporation (NYSE:HRL) surges 3.1%; company controlled foundation who own 47% shares profited along with institutions [Yahoo! Finance]

Hormel Foods Corporation (HRL) 
Last hormel foods corporation earnings: 2/20 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hormelfoods.com
Company Research Source: Yahoo! Finance
The considerable ownership by company controlled foundation in Hormel Foods indicates that they collectively have a greater say in management and business strategy A total of 2 investors have a majority stake in the company with 53% ownership If you want to know who really controls Hormel Foods Corporation ( NYSE:HRL ), then you'll have to look at the makeup of its share registry. With 47% stake, company controlled foundation possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company. While company controlled foundation were the group that benefitted the most from last week's US$526m market cap gain, institutions too had a 42% share in those profits. Let's delve deeper into each type of owner of Hormel Foods, beginning with the chart below. What Does The Institutional Ownership Tell Us About Hormel Foods? Institutional investors commonly compare their own returns to the returns of Show less Read more
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