Big Money Positive on Conagra Foods Inc (NYSE:CAG), Sentiment at 0.82

June 27, 2018 - By Jacqueline McKee

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

“Big money” Positions

“Big money sentiment for Conagra Foods Inc (NYSE:CAG) in Q1 2018 increased to 0.82, revealed SEC filings. So its up 0.04, from 2017Q4’s 0.78. 206 funds started new or increased equity positions, while 252 sold and reduced their stock positions in Conagra Foods Inc so the sentiment is positive. 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 changed to 5 from 4 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.

Largest Conagra Foods Inc Shareholders

As of Q1 2018 Sasco Capital Inc Ct has 4.86% invested in Conagra Foods Inc. As of Q1 2018, 3.32 million shares of Conagra Foods Inc are owned by Jana Partners Llc. Symons Capital Management Inc reported 313,703 shares. 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 fund portfolio.

Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America.The company has $14.05 billion market cap. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions.16.69 is the P/E ratio. 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. 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%.

On July, 5 WallStreet expected Conagra Brands, Inc. (NYSE:CAG)’s earnings release, according to Faxor. Analysts predict $0.43 earnings per share, which is $0.06 up or 16.22 % from 2017’s $0.37 earnings per share. CAG’s profit could reach $169.24 million if the current earnings per share of $0.43 is accurate. After $0.61 earnings per share was reported previous quarter, analysts now see negative EPS growth of -29.51 % for Conagra Brands, Inc..

Whitnell & has invested 0.33% in Conagra Brands, Inc. (NYSE:CAG). Cadinha Limited Liability Corporation holds 0.08% of its capital in Conagra Brands, Inc. (NYSE:CAG) for 10,600 shs. Kcm Inv Advsr Ltd Liability Corporation has 23,557 shs. Massmutual Tru Com Fsb Adv holds 0% or 26,628 shs. Everence owns 6,540 shs or 0.05% of their US capital. Earnest Ptnrs Ltd Company accumulated 203 shs. Dupont stated it has 80,258 shs. Heritage Investors Mngmt Corporation holds 11,360 shs or 0.03% of its capital. Robeco Institutional Asset Mgmt Bv owns 588,321 shs for 0.1% of their capital. Nj State Employees Deferred Compensation Plan owns 0.16% invested in Conagra Brands, Inc. (NYSE:CAG) for 25,000 shs. Suffolk Cap Mngmt Ltd accumulated 1.52% or 291,874 shs. San Francisco Sentry Gp (Ca) holds 0% or 350 shs. Scotia Capital Inc stated it has 34,801 shs. Clearbridge Invs Limited Liability Corp has 0% invested in Conagra Brands, Inc. (NYSE:CAG) for 1,800 shs. Mercer Capital Advisers invested in 0.01% or 500 shs.

Conagra Brands, Inc. had 4 selling transactions and 0 insider purchases since January 4, 2018. This’s net activity of $1.76 million. On Friday, April 6 BUTLER STEPHEN G sold $449,618 worth of Conagra Brands, Inc. (NYSE:CAG) or 12,092 shs. MARSHALL RUTH ANN also sold $216,810 worth of Conagra Brands, Inc. (NYSE:CAG) on Monday, March 26.

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”. (NYSE:CAG) has 75% bullish analysts. 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 ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Friday, March 23 the firm has “Neutral” rating by UBS given. On Monday, April 2 Jefferies maintained Conagra Brands, Inc. (NYSE:CAG) with “Buy” rating. The stock rating was maintained by JP Morgan with “Overweight” on Friday, March 23. The company rating was maintained by RBC Capital Markets on Tuesday, April 3.

For more Conagra Brands, Inc. (NYSE:CAG) news published briefly go to: Seekingalpha.com, Streetinsider.com, Benzinga.com, Benzinga.com or Seekingalpha.com. The titles are as follows: “Wall Street Breakfast: Oil Back Above $70” published on June 27, 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 “Stocks To Watch: More Trade Tiffs And Stress Tests” with publication date: June 23, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.