Everett Harris & Co. CA Takes Position in The Magnum Ice Cream Company N.V. $MICC

Everett Harris & Co. CA acquired a new stake in shares of The Magnum Ice Cream Company N.V. (NYSE:MICC) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 313,786 shares of the company’s stock, valued at approximately $4,974,000.

Several other hedge funds have also recently modified their holdings of MICC. Vanguard Group Inc. acquired a new position in shares of Magnum Ice Cream during the fourth quarter valued at about $344,031,000. First Eagle Investment Management LLC acquired a new position in shares of Magnum Ice Cream during the fourth quarter valued at about $260,541,000. Norges Bank acquired a new position in shares of Magnum Ice Cream during the fourth quarter valued at about $173,632,000. UBS Group AG acquired a new position in shares of Magnum Ice Cream during the fourth quarter valued at about $97,064,000. Finally, Flossbach Von Storch SE acquired a new position in shares of Magnum Ice Cream during the fourth quarter valued at about $88,603,000.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MICC. Weiss Ratings downgraded shares of Magnum Ice Cream from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, June 1st. Berenberg Bank upgraded shares of Magnum Ice Cream to a “hold” rating in a report on Friday, February 27th. BNP Paribas Exane downgraded shares of Magnum Ice Cream to a “neutral” rating in a report on Tuesday, April 21st. Zacks Research upgraded shares of Magnum Ice Cream from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 5th. Finally, The Goldman Sachs Group downgraded shares of Magnum Ice Cream from a “neutral” rating to a “sell” rating in a report on Friday, March 20th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Magnum Ice Cream currently has an average rating of “Reduce”.

Magnum Ice Cream Stock Performance

Shares of NYSE:MICC opened at $16.98 on Tuesday. The Magnum Ice Cream Company N.V. has a twelve month low of $12.94 and a twelve month high of $19.93. The stock has a 50 day simple moving average of $15.00.

Magnum Ice Cream Profile

The Magnum Ice Cream Company N.V. engages in ice cream business. The Magnum Ice Cream Company N.V. is based in Amsterdam, Noord-Holland, Netherlands.