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Quadrant Capital Group LLC Grows Holdings in Cal-Maine Foods, Inc. (NASDAQ:CALM)

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Quadrant Capital Group LLC Grows Holdings in Cal-Maine Foods, Inc. (NASDAQ:CALM)



Quadrant Capital Group LLC lifted its holdings in Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report) by 37.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 941 shares of the basic materials company’s stock after buying an additional 257 shares during the period. Quadrant Capital Group LLC’s holdings in Cal-Maine Foods were worth $54,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Exchange Traded Concepts LLC increased its position in Cal-Maine Foods by 6,480.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 39,417 shares of the basic materials company’s stock worth $2,262,000 after buying an additional 38,818 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Cal-Maine Foods by 2,543.8% during the 4th quarter. International Assets Investment Management LLC now owns 117,650 shares of the basic materials company’s stock valued at $67,520,000 after buying an additional 113,200 shares in the last quarter. Citigroup Inc. grew its stake in Cal-Maine Foods by 26.2% in the 3rd quarter. Citigroup Inc. now owns 42,829 shares of the basic materials company’s stock valued at $2,074,000 after buying an additional 8,898 shares in the last quarter. Toroso Investments LLC raised its holdings in Cal-Maine Foods by 227.5% during the 3rd quarter. Toroso Investments LLC now owns 41,724 shares of the basic materials company’s stock valued at $2,020,000 after acquiring an additional 28,983 shares during the period. Finally, QRG Capital Management Inc. purchased a new stake in shares of Cal-Maine Foods during the third quarter worth $1,533,000. Hedge funds and other institutional investors own 84.67% of the company’s stock.

Cal-Maine Foods Price Performance

NASDAQ CALM opened at $60.35 on Monday. Cal-Maine Foods, Inc. has a 1 year low of $42.25 and a 1 year high of $64.76. The company’s 50 day simple moving average is $59.37 and its two-hundred day simple moving average is $56.15. The stock has a market capitalization of $2.96 billion, a PE ratio of 10.70 and a beta of -0.02.

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Cal-Maine Foods (NASDAQ:CALM – Get Free Report) last posted its quarterly earnings data on Tuesday, April 2nd. The basic materials company reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.55. The firm had revenue of $703.08 million during the quarter, compared to analysts’ expectations of $692.35 million. Cal-Maine Foods had a return on equity of 16.79% and a net margin of 11.61%. The company’s revenue for the quarter was down 29.5% compared to the same quarter last year. During the same period in the prior year, the business earned $6.62 EPS. On average, research analysts anticipate that Cal-Maine Foods, Inc. will post 4.51 EPS for the current year.

Analyst Ratings Changes

Separately, Stephens reissued an “equal weight” rating and set a $65.00 price objective on shares of Cal-Maine Foods in a report on Wednesday, April 3rd.

Read Our Latest Report on Cal-Maine Foods

About Cal-Maine Foods

(Free Report)

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Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land’s Best, Land O’ Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names.

Further Reading

Institutional Ownership by Quarter for Cal-Maine Foods (NASDAQ:CALM)



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Maine

Maine legalized iGaming. Will tribes actually benefit?

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Maine legalized iGaming. Will tribes actually benefit?


Clarissa Sabattis, Chief of the Houlton Band of Maliseets, foreground, and other leaders of Maine’s tribes are welcomed by lawmakers into the House Chamber in March, 2023 in Augusta. (Robert F. Bukaty, /Associated Press)

Maine’s gambling landscape is set to expand after Gov. Janet Mills decided Thursday to let tribes offer online casino games, but numerous questions remain over the launch of the new market and how much it will benefit the Wabanaki Nations.

Namely, there is no concrete timeline for when the new gambling options that make Maine the eighth “iGaming” state will become available. Maine’s current sports betting market that has been dominated by the Passamaquoddy Tribe through its partnership with DraftKings is evidence that not all tribes may reap equal rewards.

A national anti-online gaming group also vowed to ask Maine voters to overturn the law via a people’s veto effort and cited its own poll finding a majority of Mainers oppose online casino gaming.

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Here are the big remaining questions around iGaming.

1. When will iGaming go into effect?

The law takes effect 90 days after the Legislature adjourns this year. Adjournment is slated for mid-April, but Mills spokesperson Ben Goodman noted it is not yet known when lawmakers will actually finish their work.

2. Where will the iGaming revenue go?

The iGaming law gives the state 18% of the gross receipts, which will translate into millions of dollars annually for gambling addiction and opioid use treatment funds, Maine veterans, school renovation loans and emergency housing relief.

Leaders of the four federally recognized tribes in Maine highlighted the “life-changing revenue” that will come thanks to the decision from Mills, a Democrat who has clashed with the Wabanaki Nations over the years over more sweeping tribal sovereignty measures.

But one chief went so far Thursday as to call her the “greatest ever” governor for “Wabanaki economic progress.”

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3. What gaming companies will the tribes work with?

DraftKings has partnered with the Passamaquoddy to dominate Maine’s sports betting market, while the Penobscot Nation, the Houlton Band of Maliseet Indians and the Mi’kmaq Nation have partnered with Caesars Entertainment to garner a smaller share of the revenue.

Wall Street analysts predicted the two companies will likely remain the major players in Maine’s iGaming market.

The partnership between the Passamaquoddy and DraftKings has brought in more than $100 million in gross revenue since 2024, but the Press Herald reported last month that some members of the tribe’s Sipayik reservation have criticized Chief Amkuwiposohehs “Pos” Bassett, saying they haven’t reaped enough benefits from the gambling money.

4. Has Mills always supported gambling measures?

The iGaming measure from Rep. Ambureen Rana, D-Bangor, factored into a long-running debate in Maine over gambling. In 2022, lawmakers and Mills legalized online sports betting and gave tribes the exclusive rights to offer it beginning in 2023.

But allowing online casino games such as poker and roulette in Maine looked less likely to become reality under Mills. Her administration had previously testified against the bill by arguing the games are addictive.

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But Mills, who is in the final year of her tenure and is running in the high-profile U.S. Senate primary for the chance to unseat U.S. Sen. Susan Collins, R-Maine, said Thursday she would let the iGaming bill become law without her signature. She said she viewed iGaming as a way to “improve the lives and livelihoods of the Wabanaki Nations.”

5. Who is against iGaming?

Maine’s two casinos in Bangor and Oxford opposed the iGaming bill, as did Gambling Control Board Chair Steve Silver and the Maine Center for Disease Control and Prevention, among other opponents.

Silver noted Hollywood Casino Bangor and Oxford Casino employ nearly 1,000 Mainers, and he argued that giving tribes exclusive rights to iGaming will lead to job losses.

He also said in a Friday interview the new law will violate existing statutes by cutting out his board from iGaming oversight.

“I don’t think there’s anything the board can do at this point,” Silver said.

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The National Association Against iGaming has pledged to mount an effort to overturn the law via a popular referendum process known as the “people’s veto.” But such attempts have a mixed record of success.



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Maine

Flu, norovirus and other illnesses circulating in Maine

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Flu, norovirus and other illnesses circulating in Maine


While influenza remains the top concern for Maine public health experts, other viruses are also currently circulating, including norovirus and COVID-19.

“Influenza is clearly the main event,” said Dr. Cheryl Liechty, a MaineHealth infectious disease specialist. “The curve in terms of the rise of influenza cases was really steep.”

Maine reported 1,343 flu cases for the week ending Jan. 3, an uptick from the 1,283 cases recorded the previous week, according to the Maine Center for Disease Control and Prevention. Hospitalizations increased to 147 from 108 during the same time periods.

“I hope the peak is now,” Liechty said, “but I’m not really sure.”

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The U.S. Centers for Disease Control and Prevention reported on Friday that all of New England, except for Vermont, is currently experiencing “very high” levels of influenza. Vermont is in the “moderate” category.

“What we are seeing, overwhelmingly, is the flu,” said Andrew Donovan, associate vice president of infection prevention for Northern Light Health. “We are seeing both respiratory and gastrointestinal viruses in our patients.”

Norovirus also appears to be circulating, although due to its short duration and because it’s less severe than the flu, public health data on the illness — which causes gastrointestinal symptoms that typically resolve within a few days — is not as robust.

“Norovirus is the gastrointestinal scourge of New England winters and cruise ships,” Liechty said.

According to surveillance data at wastewater treatment plants in Portland, Bangor and Lewiston, norovirus levels detected in those communities are currently “high.” The treatment plants participate in WastewaterSCAN, which reports virus levels in wastewater through a program run by Stanford University and Emory University.

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Dr. Genevieve Whiting, a Westbrook pediatrician and secretary of the Maine chapter of the American Academy of Pediatrics, said viruses are prevalent right now, especially the flu and norovirus.

“For my patients right now, it’s a rare encounter that I hear everyone in a family has been healthy,” Whiting said. “I’ve had families come in and say their entire family has had norovirus. Several of my patients have had ER visits for suspected norovirus, where they needed IV fluids because they were dehydrated.”

Both Liechty and Whiting said they are seeing less respiratory syncytial virus, or RSV, likely because there has been good uptake of the new RSV vaccine, which is recommended for older people and those who are pregnant. The vaccine was approved by the Food and Drug Administration in 2023.

“The RSV vaccine has been a real success, as RSV was a leading cause of hospitalizations for babies,” Whiting said.

Meanwhile, COVID-19 cases increased to 610 in the final week of 2025, compared to 279 the previous week. Influenza and COVID-19 vaccinations are available at primary care, pharmacies and clinics across the state.

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“If you haven’t gotten your flu shot yet,” Liechty said, “you should beat a hasty path to get your shot.”



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After feds cut key food insecurity survey, Maine lawmaker urges state to fill data void

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After feds cut key food insecurity survey, Maine lawmaker urges state to fill data void


With food insecurity on the rise, Maine lawmakers are scrambling to ensure they have a sense of how many people are going hungry after the federal government’s recent cancellation of a key food insecurity survey. The U.S. Department of Agriculture’s Household Food Security Report, started under former President Bill Clinton, measured rates of food insecurity […]



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