Conagra Foods Inc (NYSE:CAG): Stock Big Money Feel Good About: at 0.82

June 27, 2018 - By Tracy Fowler

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, SEC filings reveal. So its up 0.04, from 2017Q4’s 0.78. 206 funds increased and opened new positions, while 252 sold and trimmed positions in Conagra Foods Inc so the sentiment is better. These funds own 286.92 million shares, that’s down from 301.99 million shares in 2017Q4. Funds holding Conagra Foods Inc in top 10 increased from 4 to 5 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.

Biggest Conagra Foods Inc Shareholders

As of Q1 2018 Sasco Capital Inc Ct has 4.86% invested in Conagra Foods Inc. Conagra Foods Inc’s shareholder Jana Partners Llc owns 3.32 million shares as of Q1 2018. Moreover, Symons Capital Management Inc reported 313,703 shares in Conagra Foods Inc equivalent to 3.51% of its US long equity exposure. The New York-based fund F&V Capital Management Llc have invested about 2.61% of the institutional investor’s stock portfolio in Conagra Foods Inc. The Pennsylvania-based fund Coho Partners Ltd. looks positive on Conagra Foods Inc, having 2.56 million shares.

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

The stock decreased 6.63% or $2.53 during the last trading session, reaching $35.69.Conagra Brands, Inc. is downtrending after having declined 3.63% since June 27, 2017. CAG has 21.19M volume or 668.06% up from normal. CAG underperformed by 16.20% the S&P 500.

On July, 5. Investors wait Conagra Brands, Inc. (NYSE:CAG) to publish its quarterly earnings, according to Zacks. The earnings per share diference is $0.06 or 16.22 % up from last years number. Previous year: $0.37; Analysts forcast: $0.43. CAG’s profit could be $169.24 million if the current earnings per share of $0.43 is accurate. -29.51 % negative EPS growth is what Wall Street’s sees after $0.61 reported EPS previous quarter.

Hbk Investments L P stated it has 0.19% in Conagra Brands, Inc. (NYSE:CAG). California-based Wells Fargo Mn has invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). 103,199 are held by First Natl Bank Of Omaha. Mercer Advisers Inc accumulated 500 shs or 0.01% of the stock. Bnp Paribas Arbitrage Sa accumulated 135,621 shs. Geode Ltd stated it has 0.06% in Conagra Brands, Inc. (NYSE:CAG). Guardian Life Ins Of America holds 939 shs. Pitcairn Co invested in 0.03% or 8,464 shs. Nuveen Asset Lc holds 687,632 shs. Carroll Assoc has invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Buckingham Asset Ltd Llc accumulated 6,208 shs. Rothschild Investment Corp Il holds 0.04% in Conagra Brands, Inc. (NYSE:CAG) or 8,154 shs. Wellington Shields Cap Mgmt Limited Liability Company stated it has 0.52% in Conagra Brands, Inc. (NYSE:CAG). Creative Planning holds 0.01% of its capital in Conagra Brands, Inc. (NYSE:CAG) for 80,370 shs. Kdi Capital Partners Ltd Limited Liability Company invested 1.68% of its capital in Conagra Brands, Inc. (NYSE:CAG).

Conagra Brands, Inc. registered $1.76 million net activity with 0 insider buys and 4 selling transactions since January 4, 2018. On Wednesday, April 4 Shares for $219,285 were sold by Wise Robert G. The insider BUTLER STEPHEN G sold $449,618.

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 price. 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 Monday, April 2 the firm has “Buy” rating by Jefferies given. On Tuesday, April 3 the firm has “Buy” rating given by RBC Capital Markets. On Friday, March 23 UBS maintained Conagra Brands, Inc. (NYSE:CAG) rating. UBS has “Neutral” rating and $39 target. The stock rating was maintained by JP Morgan with “Overweight” on Friday, March 23.

For more Conagra Brands, Inc. (NYSE:CAG) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Benzinga.com, Benzinga.com or Streetinsider.com. The titles are as follows: “Wall Street Breakfast: Oil Back Above $70” posted on June 27, 2018, “Stocks To Watch: More Trade Tiffs And Stress Tests” on June 23, 2018, “Benzinga Pro’s 5 Stocks To Watch Today” with a publish date: June 27, 2018, “Caution Remains On Wall Street Even As Concern Eases On Foreign Investment” 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

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