Conagra Foods Inc (NYSE:CAG): Positive Stock Sentiment at 0.82

June 27, 2018 - By Mary Anderson

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

Conagra Foods Inc’s Sentiment

“Big money sentiment for Conagra Foods Inc (NYSE:CAG) in Q1 2018 increased to 0.82, according to SEC.gov filings. That’s up 0.04, from 2017Q4’s 0.78. 206 active investment managers increased or started new equity positions, while 252 reduced and sold their holdings in Conagra Foods Inc so the sentiment has improved. 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 Investors

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. Further, Symons Capital Management Inc reported 313,703 shares in Conagra Foods Inc equivalent to 3.51% of its portfolio. F&V Capital Management Llc revealed 129,885 shares position 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 firm is valued at $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.

CAG hit $35.69 during the last trading session after $2.53 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. CAG underperformed the S&P 500 by 16.20%.

Investors expect Conagra Brands, Inc. (NYSE:CAG)’s quarterly earnings on July, 5., as reported by RTT. EPS of $0.43 is 16.22 % up from 2017’s $0.37 EPS. If CAG’s EPS is $0.43 the profit will be $169.24M for 20.75 P/E. -29.51 % negative EPS growth is what analysts predict. $0.61 EPS was reported for previous quarter.

Cls invested in 0% or 315 shs. Tarbox Family Office accumulated 202 shs. Ibm Retirement Fund stated it has 0.06% in Conagra Brands, Inc. (NYSE:CAG). Stratos Wealth Prtnrs Ltd stated it has 0.01% in Conagra Brands, Inc. (NYSE:CAG). Oakbrook Invs Lc has 30,133 shs for 0.07% of their capital. 101 are owned by Dubuque State Bank Tru. Guardian Life Of America owns 939 shs for 0.01% of their capital. Missouri-based Parkside Financial Bank Trust has invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Natixis Advsrs Ltd Partnership stated it has 0.01% in Conagra Brands, Inc. (NYSE:CAG). Alpha Windward Llc reported 4,287 shs stake. Conning invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Shell Asset Comm has invested 0.03% of its capital in Conagra Brands, Inc. (NYSE:CAG). Brown Brothers Harriman & has invested 0% in Conagra Brands, Inc. (NYSE:CAG). F&V Cap Mgmt Limited Liability Co has 2.61% invested in Conagra Brands, Inc. (NYSE:CAG) for 129,885 shs. Wesbanco Bancorp invested in 0.06% or 29,710 shs.

Conagra Brands, Inc. had 4 selling transactions and 0 buys since January 4, 2018. This’s net activity of $1.76 million. $219,285 worth of Conagra Brands, Inc. (NYSE:CAG) shs were sold by Wise Robert G. Shares for $449,618 were sold by BUTLER STEPHEN G on Friday, April 6.

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

In total 4 analysts cover Conagra Brands (NYSE:CAG). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. 75% are bullish. With $4400 highest and $39 lowest price target Conagra Brands has $42 average price target or 17.68% above the current ($35.69) price. 4 are the (NYSE:CAG)’s analyst reports since March 23, 2018 according to StockzIntelligence Inc. On Friday, March 23 the firm has “Neutral” rating given by UBS. On Monday, April 2 the rating was maintained by Jefferies with “Buy”. On Tuesday, April 3 the firm earned “Buy” rating by RBC Capital Markets. On Friday, March 23 the firm earned “Overweight” rating by JP Morgan.

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

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