November 28, 2016 - By Marguerite Chambers
Carlos Barroso, the well informed person, who is currently a Senior Vice President of Campbell Soup Co made a sale of about 3,000 shares of the firm with a total value of about $172,681 U.S. Dollars based on an avg price of 57.6 U.S. Dollars a share. Right now, Carlos Barroso owns 34,760 shares which are roughly 0.01% of the company’s market cap (share price times the number of shares outstanding).
Out of 10 analysts covering Campbell Soup (NYSE:CPB), 1 rate it a “Buy”, 5 “Sell”, while 4 “Hold”. This means 10% are positive. $65 is the highest target while $46 is the lowest. The $55.60 average target is -2.22% below today’s ($56.86) stock price. Campbell Soup has been the topic of 21 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was downgraded on Monday, September 19 by Argus Research. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, September 4 report. RBC Capital Markets maintained it with “Sector Perform” rating and $62 target price in Thursday, February 18 report. The company was downgraded on Friday, January 15 by Barclays Capital. The stock has “Buy” rating given by Argus Research on Tuesday, December 1. The firm has “Hold” rating by Deutsche Bank given on Thursday, February 18. The firm has “Sell” rating by UBS given on Wednesday, February 24. The rating was maintained by Deutsche Bank on Friday, August 26 with “Hold”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, September 2. On Thursday, July 23 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.
Insitutional Activity: The institutional sentiment decreased to 0.95 in Q2 2016. Its down 0.10, from 1.05 in 2016Q1. The ratio is negative, as 48 funds sold all Campbell Soup Company shares owned while 170 reduced positions. 39 funds bought stakes while 189 increased positions. They now own 133.90 million shares or 0.46% more from 133.29 million shares in 2016Q1.
Brandywine Tru Company holds 899,352 shares or 40.01% of its portfolio. Korea has invested 0.07% of its portfolio in Campbell Soup Company (NYSE:CPB). Advisor Partners Ltd Liability Company accumulated 0.16% or 6,884 shares. Rhumbline Advisers accumulated 344,361 shares or 0.07% of the stock. Loring Wolcott & Coolidge Fiduciary Advsr Limited Liability Partnership Ma accumulated 831 shares or 0% of the stock. United Fire Group Inc last reported 10,000 shares in the company. Moreover, Bowen Hanes Co has 0.03% invested in Campbell Soup Company (NYSE:CPB) for 9,100 shares. Martingale Asset Management Ltd Partnership holds 0.48% of its portfolio in Campbell Soup Company (NYSE:CPB) for 431,566 shares. Bb&T Limited Co has 13,345 shares for 0.01% of their US portfolio. Pictet Asset Mngmt reported 155,606 shares or 0.04% of all its holdings. Peoples Fin Svcs Corp holds 0.02% of its portfolio in Campbell Soup Company (NYSE:CPB) for 600 shares. Bartlett & Limited Liability Corporation owns 1,540 shares or 0.01% of their US portfolio. Scotia holds 37,527 shares or 0.05% of its portfolio. Cleararc Cap has invested 0.06% of its portfolio in Campbell Soup Company (NYSE:CPB). Moreover, Life Tru has 0.09% invested in Campbell Soup Company (NYSE:CPB) for 285 shares.
Insider Transactions: Since September 2, 2016, the stock had 0 insider buys, and 5 sales for $2.10 million net activity. Barroso Carlos sold 1,600 shares worth $92,288. O’Shea William J sold $750,620 worth of stock. 2,400 Campbell Soup Company (NYSE:CPB) shares with value of $130,443 were sold by Carolan Edward. Dunn Jeff had sold 8,459 shares worth $475,734 on Thursday, September 8. Shares for $651,327 were sold by Mignini Luca.
About 2.52M shares traded hands or 14.55% up from the average. 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.
Campbell Soup Company is a food company, which makes and markets food products. The company has a market cap of $17.86 billion. The Company’s divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. It has a 27.01 P/E ratio. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.
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.”
Another recent and important Campbell Soup Company (NYSE:CPB) news was published by Businessinsider.com which published an article titled: “How the former CEO of Campbell Soup used a skill taught in kindergarten to ..” on November 23, 2016.
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.
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