Conagra Brands' (NYSE:CAG) "Buy" Rating Reiterated at Royal Bank of Canada

Jennison Associates LLC now owns 3,604,098 shares of the company's stock valued at $135,766,000 after acquiring an additional 50,034 shares during the period. The institutional investor held 744,234 shares of the industrial machinery and components company at the end of 2017Q4, valued at $116.48M, down from 756,633 at the end of the previous reported quarter. Symons Capital Management Inc who had been investing in Conagra Brands Inc. for a number of months, seems to be less bullish one the $14.48 billion market cap company. The stock increased 1.22% or $1.09 during the last trading session, reaching $90.49. The stock had a trading volume of 1,948,980 shares, compared to its average volume of 3,241,478. Deere & Company (NYSE:DE) has risen 41.99% since April 16, 2017 and is uptrending. It has outperformed by 154.24% the S&P500. Conagra Brands has a one year low of $32.16 and a one year high of $41.03. Following the completion of the sale, the director now owns 127,755 shares in the company, valued at $4,749,930.90. The institutional investor held 350,210 shares of the consumer non-durables company at the end of 2017Q4, valued at $13.19M, down from 396,941 at the end of the previous reported quarter. Moreover, Cornerstone Capital Mgmt Lc has 0.05% invested in Conagra Brands, Inc. Over the last 5 trading periods, the stock has moved -0.03%. About 961,675 shares traded. Also, Director Stephen G. Butler sold 12,092 shares of the business's stock in a transaction that occurred on Friday, April 6th. It has underperformed by 21.58% the S&P500.

Since January 4, 2018, it had 0 buys, and 4 sales for $1.76 million activity.

Prime Capital Management Company Ltd decreased its stake in Xunlei Ltd (XNET) by 52.17% based on its latest 2017Q4 regulatory filing with the SEC. It also reduced its holding in Eqt Corp (NYSE:EQT) by 710,451 shares in the quarter, leaving it with 9.55 million shares, and cut its stake in First Data Corp New (Call).

Among 14 analysts covering Valero Energy Partners LP (NYSE:VLP), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive.

A number of analysts recently issued reports on the company. The stock has "Overweight" rating by JP Morgan on Wednesday, April 6. UBS boosted their price objective on Conagra Brands from $38.00 to $39.00 and gave the company a "neutral" rating in a research note on Friday, March 23rd. The firm has "Buy" rating given on Wednesday, August 23 by Jefferies. On Friday, March 23 UBS maintained the shares of CAG in report with "Neutral" rating.

According to Zacks brokerage recommendations, Conagra Brands, Inc. (NYSE:CAG) for 72,661 shares. In Tuesday, November 7 report RBC Capital Markets maintained it with "Buy" rating and $45.0 target. Marshall Wace LLP's holdings in Conagra Brands were worth $1,444,000 as of its most recent filing with the SEC.

Lvw Advisors Llc increased Wells Fargo Co New (NYSE:WFC) stake by 9,286 shares to 84,204 valued at $5.11 million in 2017Q4. As per Thursday, December 14, the company rating was upgraded by Bernstein. On Tuesday, December 12 the stock of Conagra Brands, Inc. The firm earned "Neutral" rating on Friday, April 8 by Citigroup. Symons Capital Management Inc owns 350,210 shares or 3.76% of their U.S. portfolio. (NYSE:CAG) has "Buy" rating given by Stifel Nicolaus. That's change of 0.21, from 2017Q3's 0.99. It worsened, as 42 investors sold CAG shares while 227 reduced holdings. 118 funds opened positions while 411 raised stakes. Rewinding to the start of the year, we note that shares have seen a change of -2.31%. 19,633 were reported by Amica Pension Fund Board Of Trustees. Four analysts have issued estimates for Conagra Brands' earnings, with estimates ranging from $0.40 to $0.44. Tiger Management Ltd owns 40,000 shares. Comerica Securities reported 18,199 shares. 239,590 are held by Interocean Cap Limited Liability Corp. Ironwood Counsel Limited Company invested 0.43% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Conagra Brands's revenue was up.7% on a year-over-year basis. Vanguard Gp has 0.08% invested in Conagra Brands, Inc. (NYSE:CAG). Commerzbank Aktiengesellschaft Fi holds 0.01% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Kbc Grp Nv reported 38,684 shares. Gamco Et Al reported 1.04M shares. As per Wednesday, January 31, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Cowen & Co on Friday, October 20 with "Buy". The insider Batcheler Colleen sold 133,869 shares worth $4.59 million. 6,416 shares were sold by Reed Cory J, worth $972,253. The insider Field James M. sold 22,095 shares worth $3.76M. They expect $3.36 EPS, up 34.94% or $0.87 from last year's $2.49 per share. EPD's profit will be $803.43M for 17.41 P/E if the $0.37 EPS becomes a reality. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2 billion.

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