Lancaster Colony (LANC)

• Market cap: $4.74B
• Sector: Consumer Staples
• Industry: Canned, Frozen & Preserved Fruits, Vegetables, and Food Specialties

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

729% more call options, than puts

Call options by funds: $3.91M | Put options by funds: $472K

61% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 28

22% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 106

5% more funds holding

Funds holding: 317 [Q1] → 334 (+17) [Q2]

1.13% less ownership

Funds ownership: 62.28% [Q1] → 61.15% (-1.13%) [Q2]

11% less capital invested

Capital invested by funds: $3.56B [Q1] → $3.18B (-$376M) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $200 16% upside
• Avg. target: $216 25% upside
• High target: $232 35% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Loop Capital Alton Stump 69% 1-year accuracy 9 / 13 met price target	35% upside $232	Buy Maintained	26 Aug 2024
Stephens & Co. Jim Salera 57% 1-year accuracy 12 / 21 met price target	16% upside $200	Equal-Weight Maintained	23 Aug 2024