Campbell Soup misses by $0.05, misses on revenue

Waldron Lp Increased Campbell Soup Co (NYSE:CPB) Stake by $221.59 Million

The company noted that its broth business has been pressured by private-label alternatives, which have grown market share in the overall soup category. $56's average target is -2.46% below currents $57.41 stock price. Thompson Siegel & Walmsley LLC bought a new stake in Campbell Soup Company during the fourth quarter worth approximately $121,000. It fall, as 59 investors sold Campbell Soup Company shares while 176 reduced holdings.

Twin Tree Mngmt Limited Partnership holds 0.02% of its portfolio in Campbell Soup Company (NYSE:CPB) for 42,005 shares. Four analysts surveyed by Zacks expected $1.87 billion. World Asset Management Inc now owns 19,591 shares of the company's stock valued at $1,072,000 after buying an additional 1,874 shares during the period. Ibm Retirement Fund holds 0.05% in Campbell Soup Company (NYSE:CPB) or 17,465 shares.

On 18 May 2017, Deere & Company (NYSE:DE) shares moved to $112.67.

In the quarter ending July 2016, Campbell Soup Company delivered an even larger earnings beat. The stock of Campbell Soup Company (NYSE:CPB) earned "Hold" rating by Deutsche Bank on Friday, August 26.

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Campbell Soup is struggling to transform into a company known for fresher foods like carrots and refrigerated juices as its flagship canned soup business declines. The stock is now trading -2.80% below its SMA 50 and -5.66% below its SMA 200. For the last period, the company reported quarter over quarter EPS growth of -61.50% and quarter over quarter sales growth of -1.40%. Finally, Sullivan Bruyette Speros & Blaney LLC bought a new stake in Campbell Soup Company during the fourth quarter worth approximately $205,000. Investors may also be paying close concentration to some simple moving average indicators on shares of Gastar Exploration Inc. The firm's quarterly revenue was down 1.4% on a year-over-year basis. Art Advisors Limited Liability Company has 0.12% invested in Campbell Soup Company (NYSE:CPB) for 32,300 shares. Stockholders of record on Wednesday, April 12th were paid a dividend of $0.35 per share. The stock declined 2.05% or $1.17 reaching $55.77 on the news. The ex-dividend date was Monday, April 10th. Campbell Soup Company's payout ratio is 66.04%. If you are accessing this report on another website, it was stolen and reposted in violation of US and worldwide trademark & copyright legislation. Alliancebernstein L P reported 0.13% in Campbell Soup Company (NYSE:CPB). Poor earnings, bad news, organizational changes and/or market influences can cause a stock's price to decrease suddenly. On Thursday, February 18 the stock rating was maintained by Deutsche Bank with "Hold". As per Tuesday, September 22, the company rating was upgraded by Zacks. The firm has "Sell" rating by Goldman Sachs given on Tuesday, January 5. Wells Fargo & Co reiterated a "market perform" rating on shares of Campbell Soup Company in a research note on Monday, February 27th. RBC Capital Markets has "Sector Perform" rating and $62 target.

Among 16 analysts covering Oil States (NYSE:OIS), 7 have Buy rating, 0 Sell and 9 Hold. Campbell Soup Company had a return on equity of 58.62% and a net margin of 8.30%.

In other Campbell Soup Company news, Director Bennett Dorrance purchased 915,766 shares of the company's stock in a transaction that occurred on Thursday, March 30th. Following the completion of the transaction, the director now directly owns 24,978 shares in the company, valued at $1,432,238.52. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The company was maintained on Thursday, July 23 by RBC Capital Markets. Campbell blamed the drop in the fresh unit on ongoing production issues stemming from a recall of some of its Bolthouse Farm beverages last year, and said it expects to be back to full production by its next fiscal year.

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