Campbell Soup Company (NYSE:CPB) is expected to pay $0.35 on Oct 31, 2016. The indicated annual dividend is $1.40. Shareholders owning the stock before Oct 7, 2016 will be eligible to receive the payout. Based on Campbell Soup Company’s current price of $53.74, the dividend is 0.65%. This dividend’s record date is Oct 12, 2016 and the announcement date is Sep 1, 2016. The stock increased 0.17% or $0.09 during the last trading session, hitting $53.74. Campbell Soup Company (NYSE:CPB) has declined 13.14% since March 3, 2016 and is downtrending. It has underperformed by 21.48% the S&P500.
Campbell Soup Company is a food company, which makes and markets food products. The company has a market cap of $16.26 billion. The Company’s divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. It has a 29.79 P/E ratio. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.
Insitutional Activity: The institutional sentiment decreased to 1.05 in Q2 2016. Its down 0.15, from 1.2 in 2016Q1. The ratio is negative, as 48 funds sold all Campbell Soup Company shares owned while 170 reduced positions. 39 funds bought stakes while 189 increased positions. They now own 133.90 million shares or 0.46% more from 133.29 million shares in 2016Q1.
Bridgewater Associate L P accumulated 54,114 shares or 0.05% of the stock. Smith Moore & holds 0.16% or 5,700 shares in its portfolio. United Cap Financial Advisers Limited Liability Company last reported 0.01% of its portfolio in the stock. Gateway Advisers Limited Company has invested 0.01% of its portfolio in Campbell Soup Company (NYSE:CPB). Moreover, Deere has 0.05% invested in Campbell Soup Company (NYSE:CPB) for 13,910 shares. Bank Of Montreal Can accumulated 0.03% or 373,014 shares. Susquehanna International Ltd Liability Partnership has 0% invested in the company for 131,423 shares. The Minnesota-based Pine River Cap Management Lp has invested 0.02% in Campbell Soup Company (NYSE:CPB). Enterprise Fincl Services reported 794 shares or 0.03% of all its holdings. The Germany-based Deutsche National Bank & Trust Ag has invested 0.04% in Campbell Soup Company (NYSE:CPB). Element Capital Mgmt Lc accumulated 9,099 shares or 0.09% of the stock. State Board Of Administration Of Florida Retirement Systems holds 0.06% of its portfolio in Campbell Soup Company (NYSE:CPB) for 286,674 shares. Shamrock Asset Management Limited Liability Com holds 0.01% of its portfolio in Campbell Soup Company (NYSE:CPB) for 254 shares. The Quebec – Canada-based Fiera Capital Corp has invested 0% in Campbell Soup Company (NYSE:CPB). Tdam Usa last reported 15,845 shares in the company.
Insider Transactions: Since September 2, 2016, the stock had 0 insider purchases, and 5 selling transactions for $2.10 million net activity. Mignini Luca sold $651,327 worth of stock or 11,255 shares. $475,734 worth of Campbell Soup Company (NYSE:CPB) was sold by Dunn Jeff on Thursday, September 8. $92,288 worth of Campbell Soup Company (NYSE:CPB) was sold by Barroso Carlos. Shares for $750,620 were sold by O’Shea William J. $130,443 worth of Campbell Soup Company (NYSE:CPB) was sold by Carolan Edward on Friday, September 30.
Campbell Soup Company (NYSE:CPB) Ratings Coverage
Out of 10 analysts covering Campbell Soup (NYSE:CPB), 1 rate it a “Buy”, 5 “Sell”, while 4 “Hold”. This means 10% are positive. $65 is the highest target while $46 is the lowest. The $55.60 average target is 3.46% above today’s ($53.74) stock price. Campbell Soup has been the topic of 19 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating given on Thursday, February 18 by Deutsche Bank. The stock of Campbell Soup Company (NYSE:CPB) earned “Underperform” rating by Credit Suisse on Wednesday, November 25. The stock of Campbell Soup Company (NYSE:CPB) has “Neutral” rating given on Friday, September 2 by Citigroup. The company was downgraded on Friday, January 15 by Barclays Capital. Deutsche Bank maintained the stock with “Hold” rating in Friday, August 26 report. On Friday, September 2 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. RBC Capital Markets maintained Campbell Soup Company (NYSE:CPB) rating on Thursday, July 23. RBC Capital Markets has “Sector Perform” rating and $50 price target. The stock of Campbell Soup Company (NYSE:CPB) earned “Overweight” rating by JP Morgan on Tuesday, January 19. The rating was upgraded by Citigroup to “Neutral” on Friday, September 4. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, February 18.
More recent Campbell Soup Company (NYSE:CPB) news were published by: Fool.com which released: “What’s Cooking With Campbell Soup Company?” on September 14, 2016. Also Bizjournals.com published the news titled: “Campbell’s employees leave previous roles to launch ‘startup within a large …” on September 28, 2016. Benzinga.com‘s news article titled: “Argus Downgrades Campbell Soup To Hold Citing Weak Near-Term Outlook” with publication date: September 19, 2016 was also an interesting one.
CPB Company Profile
Campbell Soup Company, incorporated on November 23, 1922, is a food company. The Firm is a maker and marketer of food products. The Company’s divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Firm makes a range of products from soups and simple meals to snacks and healthy beverages. The Company’s brands include Campbell’s, Garden Fresh Gourmet, Goldfish, Milano, Pace, Pepperidge Farm, Plum Organics, Prego, SpaghettiOs, Swanson and V8 Beverages.
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