Martingale Asset Management LP Buys 15193 Shares of Campbell Soup Company (CPB)

Cornelia Mascio
Settembre 25, 2017

Investors sentiment decreased to 1.11 in 2017 Q2. Its down 0.11, from 0.95 in 2016Q3.

The consensus recommendation, according to Zacks Investment research, is 3.25.

These funds have shifted positions in (CPB). The firm exchanged a volume of 3.46 million shares at hands.

Guyasuta Investment Advsrs invested in 5,600 shares. The company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.03). Canada Pension Plan Inv Board reported 343,641 shares. Sumitomo Mitsui Trust Incorporated reported 601,609 shares. Brandywine Trust Co owns 365,721 shares or 20.05% of their United States portfolio. The company holds 298.26 million outstanding shares and 174.92 million shares are floating in market. Pillar Pacific Cap Mgmt Limited Liability Co, a California-based fund reported 4,000 shares. Tru Of Vermont holds 300 shares. The institutional investor owned 17,310 shares of the company's stock after selling 32,898 shares during the period. The employed capital is calculated by subrating current liabilities from total assets. Pnc Group Inc Inc owns 2.63M shares. Gwm Advisors LLC claims 204 shares worth $10,396,000. Next Fincl Group holds 0% or 77 shares in its portfolio. Analysts predict that Campbell Soup Company will post $3.05 EPS for the current fiscal year. For CPB, the company now has 319 million of cash on the books, which is offset by 1.04 billion in current liabilities. The 1-year low was reported on Sep, 20 by Barchart.com. The analysts, on average, are forecasting a $50.25 price target, but the stock is already up 2.68% from its recent lows.

The stock is now showing YTD performance of -25.37 Percent. During such technical setups, fundamental investors usually stay away and are careful buying the stock. Its sales stood at 1.90% a year on average in the period of last five years. It has underperformed by 29.52% the S&P500.

Campbell Soup Company (CPB) knifed -1.83 percent lower and now trades for $45.66. CAVM's profit will be $24.74M for 46.18 P/E if the $0.36 EPS becomes a reality. Looking ahead, the earnings per share growth of Campbell Soup Company this year is 59.60%, which can be useful to compare with the forward P/E. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range.

Ratings analysis reveals 7% of Campbell Soup's analysts are positive. Investors may also use shareholder yield to gauge a baseline rate of return. The company was upgraded on Tuesday, December 1 by Argus Research. The rating was maintained by UBS with "Sell" on Friday, September 2.

The Earnings to Price yield of Campbell Soup Company NYSE:CPB is 6.49%. As per Friday, September 1, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Barclays Capital to "Underweight" on Friday, January 15. The company was maintained on Thursday, June 16 by Brean Capital. The correct version of this piece of content can be accessed at https://weekherald.com/2017/09/25/martingale-asset-management-l-p-has-24-11-million-stake-in-campbell-soup-company-cpb.html. Credit Suisse maintained the stock with "Underperform" rating in Friday, September 1 report.

Campbell Soup Company (NYSE CPB) opened at 45.13 on Monday. More interesting news about Campbell Soup Company (NYSE:CPB) were released by: Nasdaq.com and their article: "Campbell Soup Co".

Another recent and important Cavium Inc (NASDAQ:CAVM) news was published by Prnewswire.com which published an article titled: "Cavium to Showcase M-CORD NFV/5G on ARM with Leaf and Spine SDN Fabric at ..." on September 11, 2017. The firm saw a rise in short interest of 19.03% between August 15, 2017 and August 31, 2017.

Campbell Soup Company is a food company, which manufactures and markets food products. ARGI Investment Services LLC now owns 13,537 shares of the company's stock valued at $775,000 after acquiring an additional 64 shares in the last quarter. The Company's segments include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh.

A debt-to-equity ratio threshold varies depending on what industry the company operates, since some requires more debt financing than others.

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