The Campbell Soup Company (NASDAQ:CPB) Shares Bought by V Square Quantitative Management LLC

V Square Quantitative Management LLC grew its holdings in shares of The Campbell Soup Company (NASDAQ:CPB) by 8.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,166 shares of the company’s stock after purchasing an additional 628 shares during the period. V Square Quantitative Management LLC’s holdings in Campbell Soup were worth $342,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new stake in shares of Campbell Soup in the 3rd quarter worth approximately $34,000. Ashton Thomas Securities LLC acquired a new stake in shares of Campbell Soup in the 3rd quarter worth approximately $39,000. Friedenthal Financial acquired a new stake in shares of Campbell Soup in the 3rd quarter worth approximately $48,000. Kentucky Trust Co acquired a new stake in shares of Campbell Soup in the 4th quarter worth approximately $42,000. Finally, Quent Capital LLC grew its holdings in shares of Campbell Soup by 77.7% in the 4th quarter. Quent Capital LLC now owns 1,100 shares of the company’s stock worth $46,000 after acquiring an additional 481 shares during the period. Institutional investors and hedge funds own 52.35% of the company’s stock.

Insider Activity at Campbell Soup

In related news, EVP Anthony Sanzio sold 2,000 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total value of $83,800.00. Following the completion of the sale, the executive vice president now directly owns 16,551 shares in the company, valued at approximately $693,486.90. This represents a 10.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 20.19% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Royal Bank of Canada restated a “sector perform” rating and issued a $51.00 price target on shares of Campbell Soup in a report on Monday, December 2nd. Citigroup reduced their target price on Campbell Soup from $44.00 to $41.00 and set a “sell” rating on the stock in a research note on Thursday, December 5th. Stifel Nicolaus reduced their target price on Campbell Soup from $47.00 to $40.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Barclays reduced their target price on Campbell Soup from $49.00 to $46.00 and set an “underweight” rating on the stock in a research note on Friday, December 6th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $51.00 target price on shares of Campbell Soup in a research note on Wednesday, December 4th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $50.17.

Campbell Soup Trading Down 0.0 %

Shares of CPB opened at $38.60 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 1.74. The firm has a market capitalization of $11.51 billion, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 2.59 and a beta of 0.19. The stock’s fifty day simple moving average is $40.06 and its 200 day simple moving average is $45.18. The Campbell Soup Company has a twelve month low of $36.92 and a twelve month high of $52.81.

Campbell Soup (NASDAQ:CPB) last issued its earnings results on Tuesday, December 3rd. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.02. Campbell Soup had a return on equity of 23.79% and a net margin of 5.57%. On average, equities research analysts forecast that The Campbell Soup Company will post 3.15 earnings per share for the current year.

Campbell Soup Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 2nd were issued a $0.39 dividend. This is an increase from Campbell Soup’s previous quarterly dividend of $0.37. This represents a $1.56 annualized dividend and a yield of 4.04%. The ex-dividend date was Thursday, January 2nd. Campbell Soup’s dividend payout ratio is currently 85.25%.

Campbell Soup Company Profile

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.