Investors Asset Management of Georgia Inc. GA ADV boosted its position in shares of Campbell Soup (NYSE:CPB) by 6.9% in the 1st quarter, HoldingsChannel reports. The fund owned 6,585 shares of the company’s stock after acquiring an additional 425 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Campbell Soup were worth $251,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Strs Ohio grew its holdings in Campbell Soup by 1.4% during the 4th quarter. Strs Ohio now owns 22,147 shares of the company’s stock worth $730,000 after acquiring an additional 307 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in Campbell Soup by 71.6% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 894 shares of the company’s stock worth $29,000 after acquiring an additional 373 shares in the last quarter. JOYN Advisors Inc. grew its holdings in Campbell Soup by 99.5% during the 4th 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. Assenagon Asset Management S.A. lifted its position in shares of Campbell Soup by 0.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 75,125 shares of the company’s stock worth $2,478,000 after buying an additional 393 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Campbell Soup by 1.8% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,983 shares of the company’s stock worth $758,000 after buying an additional 410 shares during the last quarter. Institutional investors own 52.55% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research restated a “buy” rating and set a $42.00 price objective on shares of Campbell Soup in a research report on Monday, December 31st. Bank of America set a $30.00 price objective on shares of Campbell Soup and gave the stock a “sell” rating in a research report on Thursday, February 28th. Wells Fargo & Co restated a “hold” rating on shares of Campbell Soup in a research report on Wednesday, January 16th. Finally, ValuEngine downgraded shares of Campbell Soup from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Seven investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $37.67.

CPB stock traded down $0.16 on Wednesday, hitting $39.27. The company’s stock had a trading volume of 126,764 shares, compared to its average volume of 2,175,955. Campbell Soup has a 1 year low of $32.03 and a 1 year high of $43.98. The company has a market cap of $12.00 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 2.68 and a beta of 0.42. The company has a debt-to-equity ratio of 6.26, a current ratio of 0.70 and a quick ratio of 0.37.

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

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, April 11th will be given a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, April 10th. This represents a $1.40 annualized dividend and a yield of 3.57%. Campbell Soup’s dividend payout ratio (DPR) is 48.78%.

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Campbell Soup Company 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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