Campbell Soup's profit drops 4.8 pct

Waldron Lp Increased Campbell Soup Co (NYSE:CPB) Stake by $221.59 Million

Waldron Lp Increased Campbell Soup Co (NYSE:CPB) Stake by $221.59 Million

CPB's profit would be $193.53 million giving it 22.43 P/E if the $0.64 EPS is correct.

The results missed Wall Street expectations. The stock has dropped 10 percent in the last 12 months.

Analysts await Campbell Soup Company (NYSE:CPB) to report earnings on May, 19. It has by 0.00% the S&P500. For the last period, the company reported quarter over quarter EPS growth of -61.50% and quarter over quarter sales growth of -1.40%. Comcast Corporation now has $180.01B valuation. $56's average target is -2.46% below currents $57.41 stock price.

About 14,249 shares traded. Wells Fargo & Co restated a "market perform" rating on shares of Campbell Soup Company in a report on Monday, February 27th. The company has market cap of $2.24 billion. "Looking ahead as we finish the fiscal year, we expect Global Biscuits and Snacks to maintain its positive momentum, and we will also be cycling the C-Fresh protein drink recall from last year". The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses. Its down 0.11, from 0.95 in 2016Q3. CPB's SI was 7.84 million shares in May as released by FINRA. The original version of this story can be accessed at https://sportsperspectives.com/2017/05/18/teachers-advisors-llc-decreases-stake-in-campbell-soup-company-cpb-updated-updated-updated.html. First Midwest Bancshares Division owns 3,481 shares. 1,680,050 shares of the company's stock were exchanged. (NYSE:VMW). Allianz Asset Mgmt Ag holds 194,345 shares. Cognios has invested 1.56% in Campbell Soup Company (NYSE:CPB). (NASDAQ:BUFF) plummeted -0.81% to $23.13. Winch Advisory Services LLC bought a new stake in Campbell Soup Company during the third quarter worth approximately $164,000. Tdam USA Inc. boosted its position in Campbell Soup Company by 2.6% in the first quarter. Strs Ohio holds 47,786 shares. Airl. Co. Dl 1 (NYSE:LUV) stake by 236,129 shares and now owns 72,331 shares. Soros Fund Mngmt Ltd Liability Corp has 5,800 shares. Citadel Advisors Ltd Llc holds 7,901 shares or 0% of its portfolio. Cypress Group has 0.45% invested in Campbell Soup Company (NYSE:CPB). Therefore 8% are positive. At the time of writing, Shares the company recently traded 28.75% away 52-week low and noted price movement -52.97% away from the 52-week high level. As per Friday, August 26, the company rating was maintained by Deutsche Bank. As per Wednesday, February 24, the company rating was initiated by UBS. The company was maintained on Monday, May 2 by Deutsche Bank. Royal Bank of Canada lowered their target price on shares of Campbell Soup Company from $63.00 to $60.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 21st. The firm has "Underweight" rating by Barclays Capital given on Friday, January 15. On Thursday, September 3 the stock rating was upgraded by Noble Financial to "Buy". The rating was maintained by Credit Suisse on Wednesday, November 23 with "Underperform".

Net sales fell to $1.85 billion from $1.87 billion. Barroso Carlos sold $60,311 worth of stock. Finally, Zacks Investment Research cut shares of Campbell Soup Company from a "buy" rating to a "hold" rating in a research note on Tuesday, February 14th. The insider TRAVIS TRACEY THOMAS sold $158,058. The stock has "Buy" rating by Macquarie Research on Tuesday, September 1.

Analysts await Texas Pacific Land Trust (NYSE:TPL) to report earnings on July, 27. The firm has "Hold" rating by Argus Research given on Monday, September 19.

CPB has been the subject of several research reports. RBC Capital Markets has "Sector Perform" rating and $62 target. (NYSE:VMW) rating on Wednesday, October 21. (NYSE:VMW) for 221,543 shares.

Investors sentiment decreased to 1.03 in 2016 Q4. Its up 0.08, from 0.88 in 2016Q3. It dived, as 59 investors sold CPB shares while 176 reduced holdings. Texas Permanent School Fund, a Texas-based fund reported 58,041 shares. A rating of 3 would signify a consensus Hold recommendation. The firm owned 9,418 shares of the company's stock after buying an additional 2,065 shares during the period. Canyon Advsr Limited Com has 1.13M shares. Central National Bank & Trust & accumulated 0.06% or 3,788 shares. Twin Tree L P has 42,005 shares for 0.02% of their portfolio. Kcg Holdg Inc reported 0.02% in Oil States International, Inc.

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.