Bokf Na lessened its stake in shares of Campbell Soup (NYSE:CPB) by 9.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,252 shares of the company’s stock after selling 1,970 shares during the quarter. Bokf Na’s holdings in Campbell Soup were worth $602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of CPB. JOYN Advisors Inc. lifted its stake in shares of Campbell Soup by 99.5% in the fourth quarter. JOYN Advisors Inc. now owns 766 shares of the company’s stock worth $25,000 after acquiring an additional 382 shares in the last quarter. Csenge Advisory Group acquired a new position in shares of Campbell Soup in the third quarter worth about $33,000. Flagship Harbor Advisors LLC lifted its stake in shares of Campbell Soup by 49.5% in the fourth quarter. Flagship Harbor Advisors LLC now owns 1,283 shares of the company’s stock worth $42,000 after acquiring an additional 425 shares in the last quarter. Bessemer Group Inc. lifted its stake in shares of Campbell Soup by 64.9% in the fourth quarter. Bessemer Group Inc. now owns 1,563 shares of the company’s stock worth $51,000 after acquiring an additional 615 shares in the last quarter. Finally, Doyle Wealth Management acquired a new position in shares of Campbell Soup in the fourth quarter worth about $53,000. Institutional investors own 51.87% of the company’s stock.

Several research analysts recently commented on CPB shares. ValuEngine cut Campbell Soup from a “sell” rating to a “strong sell” rating in a research note on Monday, February 25th. Credit Suisse Group boosted their price target on Campbell Soup from $33.00 to $36.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 21st. Wells Fargo & Co reiterated a “hold” rating on shares of Campbell Soup in a research note on Wednesday, January 16th. Deutsche Bank set a $40.00 price target on Campbell Soup and gave the stock a “hold” rating in a research note on Wednesday, November 21st. Finally, Bank of America set a $31.00 price target on Campbell Soup and gave the stock a “sell” rating in a research note on Tuesday, November 27th. Nine investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. Campbell Soup currently has a consensus rating of “Hold” and an average price target of $38.08.

Shares of Campbell Soup stock opened at $36.32 on Thursday. The company has a debt-to-equity ratio of 6.26, a current ratio of 0.70 and a quick ratio of 0.37. The stock has a market capitalization of $10.93 billion, a P/E ratio of 14.46, a PEG ratio of 2.44 and a beta of 0.42. Campbell Soup has a fifty-two week low of $32.03 and a fifty-two week high of $44.21.

Campbell Soup (NYSE:CPB) last announced its quarterly earnings data on Wednesday, February 27th. The company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.07. The firm had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.66 billion. Campbell Soup had a positive return on equity of 55.51% and a negative net margin of 1.68%. Campbell Soup’s quarterly revenue was up 24.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.00 earnings per share. Equities research analysts anticipate that Campbell Soup will post 2.48 earnings per share for the current fiscal year.

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Campbell Soup Profile

Campbell Soup Company, together with its subsidiaries, manufactures and markets branded food and beverage products. It operates through three segments: Americas Simple Meals and Beverages, Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pastas, beans, and dinner sauces; Swanson canned poultry products; Plum food and snack products; V8 juices and beverages; Campbell's tomato juices; and Pacific broth, soups, non-dairy beverages, and other simple meals.

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Institutional Ownership by Quarter for Campbell Soup (NYSE:CPB)

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