Today’s Stock On Watch: Campbell Soup Co (NYSE:CPB) First Quarter Institutional Investor Sentiment Steady

November 28, 2016 - By Louis Casey   ·   0 Comments

Today's Stock On Watch: Campbell Soup Co (NYSE:CPB) First Quarter Institutional Investor Sentiment Steady

Sentiment for Campbell Soup Co (NYSE:CPB)

Campbell Soup Co (NYSE:CPB) institutional sentiment decreased to 0.95 in Q2 2016. Its down -0.10, from 1.05 in 2016Q1. The ratio worsened, as 228 funds increased and started new positions, while 218 sold and decreased stakes in Campbell Soup Co. The funds in our partner’s database now hold: 133.90 million shares, up from 133.29 million shares in 2016Q1. Also, the number of funds holding Campbell Soup Co in their top 10 positions decreased from 8 to 7 for a decrease of 1. Sold All: 48 Reduced: 170 Increased: 189 New Position: 39.

Campbell Soup Company is a food company, which makes and markets food products. The company has a market cap of $17.91 billion. The Company’s divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. It has a 27.08 P/E ratio. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.

The stock increased 1.23% or $0.7 on November 25, hitting $57.52. Campbell Soup Company (NYSE:CPB) has declined 5.77% since April 25, 2016 and is downtrending. It has underperformed by 11.78% the S&P500.

According to Zacks Investment Research, “Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. The company operates in three business segments: Soup and Sauces, Biscuits and Confectionery, and Away From Home.”

Brandywine Managers Llc holds 49.01% of its portfolio in Campbell Soup Company for 3.71 million shares. Brandywine Trust Co owns 899,352 shares or 40.01% of their US portfolio. Moreover, Symons Capital Management Inc has 5.8% invested in the company for 375,072 shares. The Michigan-based Managed Asset Portfolios Llc has invested 5.3% in the stock. Cognios Capital Llc, a Kansas-based fund reported 110,696 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 5 insider sales for $2.10 million net activity.

Campbell Soup Company (NYSE:CPB) Ratings Coverage

Ratings analysis reveals 10% of Campbell Soup’s analysts are positive. Out of 10 Wall Street analysts rating Campbell Soup, 1 give it “Buy”, 5 “Sell” rating, while 4 recommend “Hold”. The lowest target is $46 while the high is $65. The stock’s average target of $55.40 is -3.69% below today’s ($57.52) share price. CPB was included in 20 notes of analysts from July 23, 2015. The stock has “Neutral” rating given by Citigroup on Friday, September 4. The firm has “Underperform” rating given on Wednesday, November 23 by Credit Suisse. As per Wednesday, February 24, the company rating was initiated by UBS. Deutsche Bank maintained Campbell Soup Company (NYSE:CPB) rating on Thursday, February 18. Deutsche Bank has “Hold” rating and $57 price target. The firm has “Sector Perform” rating given on Friday, September 2 by RBC Capital Markets. Argus Research upgraded the stock to “Buy” rating in Tuesday, December 1 report. On Thursday, July 23 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. As per Thursday, February 18, the company rating was maintained by RBC Capital Markets. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, September 4. On Friday, January 15 the stock rating was downgraded by Barclays Capital to “Underweight”.

CPB Company Profile

Campbell Soup Company, incorporated on November 23, 1922, is a food company. The Firm is a maker and marketer of food products. The Company’s divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Firm makes a range of products from soups and simple meals to snacks and healthy beverages. The Company’s brands include Campbell’s, Garden Fresh Gourmet, Goldfish, Milano, Pace, Pepperidge Farm, Plum Organics, Prego, SpaghettiOs, Swanson and V8 Beverages.

More news for Campbell Soup Company (NYSE:CPB) were recently published by: Wsj.com, which released: “Campbell Soup Profit Higher Despite Weak Demand” on November 22, 2016. Prnewswire.com‘s article titled: “Technical Reports on Consumer Goods Stocks — Flowers Foods, ConAgra Brands …” and published on November 28, 2016 is yet another important article.

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By Louis Casey


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