5 New Stock Picks of Billionaire Mario Gabelli

3. Sanderson Farms, Inc. (NASDAQ:SAFM)

Number of Hedge Fund Holders: 33

Sanderson Farms, Inc. (NASDAQ:SAFM) is an integrated poultry processing firm. Securities filings show that GAMCO Investors owned 12,692 shares in the company at the end of the third quarter of 2021 worth $2.3 million, representing 0.02% of the portfolio. 

On August 24, investment advisory Barclays kept an Equal Weight rating on Sanderson Farms, Inc. (NASDAQ:SAFM) stock and raised the price target to $203 from $175. Analyst Benjamin Theurer issued the ratings update. 

Among the hedge funds being tracked by Insider Monkey, Illinois-based firm Magnetar Capital is a leading shareholder in Sanderson Farms, Inc. (NASDAQ:SAFM) with 775,742 shares worth more than $145 million.