Conagra Foods Inc (NYSE:CAG) Stock Price While Sentiment Improves to 0.82

June 27, 2018 - By Anthony Rauscher

Conagra Brands, Inc. (NYSE:CAG) Corporate Logo

Positions for Conagra Foods Inc (NYSE:CAG)

“Big money sentiment for Conagra Foods Inc (NYSE:CAG) in Q1 2018 increased to 0.82, according to SEC.gov filings. So its up 0.04, from 2017Q4’s 0.78. 206 investment managers opened new or increased stock positions, while 252 cut down and sold their stock positions in Conagra Foods Inc so the sentiment increased. Funds own 286.92 million shares, down from 301.99 million shares in 2017Q4. Funds holding Conagra Foods Inc in top 10 changed to 5 from 4 for an increase of 1. In total 42 funds closed positions, 210 reduced and 146 increased. Also 60 funds bought new Conagra Foods Inc stakes.

Most Conagra Foods Inc Shareholders

As of Q1 2018 Sasco Capital Inc Ct has 4.86% invested in Conagra Foods Inc. As of Q1 2018, 3.32 million shares of Conagra Foods Inc are owned by Jana Partners Llc. Symons Capital Management Inc reported 313,703 shares. The New York-based fund F&V Capital Management Llc have invested about 2.61% of the fund’s stock portfolio in Conagra Foods Inc. The Pennsylvania-based fund Coho Partners Ltd. holds 2.56 million shares or 2.48% of their portfolio.

Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America.The company has $14.05 billion market cap. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions.16.69 is the P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.

Ticker’s shares touched $35.69 during the last trading session after 6.63% change.Conagra Brands, Inc. has 21.19 million shares volume, 668.06% up from normal. CAG is downtrending and has moved 3.63% since June 27, 2017. The stock underperformed the S&P500 by 16.20%.

On July, 5 is awaited Conagra Brands, Inc. (NYSE:CAG)’s earnings report, Zacks reports. Analysts forecast $0.43 EPS, which is $0.06 up or 16.22 % from 2017’s $0.37 EPS. In case of $0.43 EPS CAG’s profit could reach $169.24 million. Wall Street now predicts -29.51 % negative EPS growth despite Conagra Brands, Inc. previous quarter’s EPS of $0.61.

261 are owned by Solutions Ltd. Cadinha & Ltd Liability Company holds 10,600 shs or 0.08% of its capital. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.03% in Conagra Brands, Inc. (NYSE:CAG). New York-based Fincl Prns Mngmt Llc has invested 0.4% in Conagra Brands, Inc. (NYSE:CAG). Meiji Yasuda Asset Company Ltd has invested 0.08% in Conagra Brands, Inc. (NYSE:CAG). Ajo L P has 507,404 shs for 0.09% of their capital. Piedmont Advsrs Ltd Company owns 114,809 shs for 0.11% of their capital. Natl Pension Ser accumulated 448,038 shs. Victory Management Incorporated invested in 0.01% or 99,317 shs. Ohio-based Strs Ohio has invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Amp Invsts Limited stated it has 0.04% in Conagra Brands, Inc. (NYSE:CAG). Clearbridge Investments invested in 0% or 1,800 shs. Dixon Hubard Feinour & Brown Va, a Virginia-based fund reported 23,675 shs. Jacobs Levy Equity Mngmt Inc invested in 43,490 shs. Moreover, Ameritas Partners Inc has 0.02% invested in Conagra Brands, Inc. (NYSE:CAG).

Conagra Brands, Inc. had 4 selling transactions and 0 insider purchases since January 4, 2018. This’s net activity of $1.76 million. Another trade for 5,908 shs valued at $219,285 was made by Wise Robert G on Wednesday, April 4. $216,810 worth of Conagra Brands, Inc. (NYSE:CAG) was sold by MARSHALL RUTH ANN.

Conagra Brands, Inc. (NYSE:CAG) Ratings Coverage

Total analysts of 4 have positions in Conagra Brands (NYSE:CAG) as follows: 3 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 75%. The firm has $4400 highest while $39 is the lowest target. The average target $42 is 17.68% above the last ($35.69) price. Since March 23, 2018 according to StockzIntelligence Inc Conagra Brands has 4 analyst reports. On Friday, March 23 the firm has “Overweight” rating by JP Morgan given. On Monday, April 2 the firm has “Buy” rating given by Jefferies. On Tuesday, April 3 the stock has “Buy” rating by RBC Capital Markets. On Friday, March 23 UBS maintained Conagra Brands, Inc. (NYSE:CAG) rating. UBS has “Neutral” rating and $39 target.

For more Conagra Brands, Inc. (NYSE:CAG) news announced recently go to: Seekingalpha.com, Benzinga.com, Benzinga.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “Wall Street Breakfast: Oil Back Above $70” announced on June 27, 2018, “Benzinga Pro’s 5 Stocks To Watch Today” on June 27, 2018, “Caution Remains On Wall Street Even As Concern Eases On Foreign Investment” with a publish date: June 27, 2018, “Stocks To Watch: More Trade Tiffs And Stress Tests” and the last “Wall Street gains as trade fears ease, oil prices jump” with publication date: June 27, 2018.

Conagra Brands, Inc. (NYSE:CAG) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.