0.82 is Conagra Foods Inc’s (NYSE:CAG) Big Money Sentiment

June 27, 2018 - By Robert Case

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

Positions for Conagra Foods Inc (NYSE:CAG)

In 2018 Q1 Conagra Foods Inc (NYSE:CAG) big money sentiment increased to 0.82, according to SEC filings. That’s up 0.04, from 2017Q4’s 0.78. 206 institutional investors increased or started new holdings, while 252 decreased and sold equity positions in Conagra Foods Inc so the sentiment is more positive. Funds own 286.92 million shares, 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. 42 Investors Sold All; 210 Reduced Holdings; 146 increased stakes while 60 institutional investors bought stakes.

Largest Conagra Foods Inc Investors

Sasco Capital Inc Ct owns 3.15 million shares in Conagra Foods Inc as of 2018 Q1. Conagra Foods Inc’s shareholder Jana Partners Llc owns 3.32 million shares as of 2018 Q1. Further, Symons Capital Management Inc reported 313,703 shares in Conagra Foods Inc equivalent to 3.51% of its long stock exposure. The New York-based fund F&V Capital Management Llc have invested about 2.61% of the investment professional’s stock portfolio in Conagra Foods Inc. The Pennsylvania-based fund Coho Partners Ltd. looks positive on Conagra Foods Inc, owning 2.56 million shares.

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.

Ticker’s shares touched $35.69 during the last trading session after 6.63% change.Conagra Brands, Inc. is downtrending after having declined 3.63% since June 27, 2017. CAG has 21.19 million volume or 668.06% up from normal. The stock underperformed the S&P 500 by 16.20%.

Conagra Brands, Inc. (NYSE:CAG)’s quarterly earnings will be revealed on July, 5., as reported by RTT. Analysts have anticipation on stock’s EPS of $0.43. That’s up 16.22 % from last year’s $0.37 EPS. The profit will be $169.24 million for CAG if $0.43 EPS becomes true. After $0.61 EPS was revealed previous quarter, analysts now see negative EPS growth of -29.51 % for Conagra Brands, Inc..

Cadence Management Limited Liability Co reported 0.1% in Conagra Brands, Inc. (NYSE:CAG). Check Capital Mgmt Ca holds 0.01% or 6,800 shs. 32,740 are held by Schafer Cullen Cap. Aviva Public Limited Liability, United Kingdom-based fund reported 194,262 shs. Gemmer Asset Ltd Co, California-based fund reported 330 shs. Garde Cap has invested 0.11% in Conagra Brands, Inc. (NYSE:CAG). Gam Holdings Ag owns 0.02% invested in Conagra Brands, Inc. (NYSE:CAG) for 18,607 shs. Moreover, Dana Inv has 0.02% invested in Conagra Brands, Inc. (NYSE:CAG). Stonebridge Cap Advsr Lc reported 6,400 shs stake. Morgan Stanley reported 0.03% in Conagra Brands, Inc. (NYSE:CAG). North Star Asset Mgmt owns 7,500 shs. Weatherly Asset Mngmt Lp reported 0.13% stake. Davenport & Co Ltd Limited Liability Company invested in 0% or 63,457 shs. Cubist Systematic Strategies Limited Liability Company invested in 0.13% or 59,455 shs. Piedmont Inv Advsrs Ltd holds 0.11% or 114,809 shs in its capital.

Conagra Brands, Inc. registered $1.76 million net activity with 0 buys and 4 insider sales since January 4, 2018. $216,810 worth of stock was sold by MARSHALL RUTH ANN on Monday, March 26. Wise Robert G also sold $877,536 worth of Conagra Brands, Inc. (NYSE:CAG) shs.

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 target Conagra Brands has $42 average 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 UBS maintained Conagra Brands, Inc. (NYSE:CAG) with “Neutral” rating. On Monday, April 2 the company was maintained by Jefferies. On Friday, March 23 the firm has “Overweight” rating by JP Morgan given. On Tuesday, April 3 the firm earned “Buy” rating by RBC Capital Markets.

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

Conagra Brands, Inc. (NYSE:CAG) Institutional Investors Chart

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