Madison Asset Management LLC Purchases New Holdings in Hershey Creamery Company, Inc. $HRCR

Madison Asset Management LLC purchased a new position in shares of Hershey Creamery Company, Inc. (OTCMKTS:HRCR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,026 shares of the company’s stock, valued at approximately $4,917,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Commerzbank Aktiengesellschaft FI bought a new stake in shares of Hershey Creamery during the 2nd quarter valued at $969,000. Plato Investment Management Ltd bought a new position in shares of Hershey Creamery in the second quarter worth $1,650,000. Danske Bank A S bought a new position in shares of Hershey Creamery in the second quarter worth $19,084,000. Finally, Bank of New York Mellon Corp acquired a new position in Hershey Creamery in the second quarter valued at about $203,814,000.

Hershey Creamery Stock Performance

Shares of Hershey Creamery stock opened at $3,960.00 on Friday. Hershey Creamery Company, Inc. has a 12-month low of $3,850.00 and a 12-month high of $4,030.00. The firm’s 50-day moving average price is $3,968.60 and its two-hundred day moving average price is $3,952.75.

Hershey Creamery Profile

Hershey Creamery Company, Inc produces, sells, and distributes bulk ice cream and ice cream novelties. It offers various flavors of bulk ice cream, including reduced fat and no sugar added bulk ice creams; hand dipped products, such as ice cream shakes, splits, smoothies, cups, and dishes; pre-packaged ice-cream products, which comprise scrounds, round pints, rounds, foam cups, slices, and ice cream cakes; creamy soft serve ice creams; and frozen drinks, which include milkshakes, smoothies, frozen coffee drinks, and more.