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Bell Bank Buys New Position in Hershey Company (The) $HSY
Bell Bank has acquired a new stake in The Hershey Company, purchasing over 10,000 shares valued at approximately $1.87 million in Q4, bringing institutional ownership to nearly 58%. Hershey exceeded Q4 earnings and revenue expectations, reporting $1.71 EPS against an anticipated $1.40 and $3.09 billion in revenue, while also raising its quarterly dividend. Despite insider selling activity, analysts have given the stock a “Hold” rating with an average target price of $222.68.