Economy

Numeric Investors LLC Increases Stake in ConAgra Foods Inc. (CAG)

Numeric Investors LLC Increases Stake in ConAgra Foods Inc. (CAG)”

Advisors Asset Management Inc. boosted its holdings in shares of ConAgra Foods by 75.7% in the 1st quarter. (NYSE:CAG) is 1.17. The Current Ratio is used by investors to determine whether a company can pay short term and long term debts. ConAgra Foods has set its FY18 guidance at $1.84-1.89 EPS. Mcf Advisors Llc invested 0.04% of its portfolio in Conagra Brands Inc (NYSE:CAG).

Several other institutional investors and hedge funds have also made changes to their positions in the company. The first trade took place at $33.08 and the stock went up 0.97% to attain the closing price of $33.47. Cypress Ltd Liability (Wy) holds 0% of its portfolio in Conagra Brands Inc (NYSE:CAG) for 530 shares. The firm had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.86 billion.

The counter witnessed a trading volume of 3.13 million shares versus an average volume of 3.1 million shares during last trading session. Balyasny Asset Lc owns 0.05% invested in Corning Incorporated (NYSE:GLW) for 439,550 shares. Chicago Equity Partners LLC now owns 13,190 shares of the company's stock worth $532,000 after purchasing an additional 290 shares during the period. Institutional investors and hedge funds own 78.38% of the company's stock.

The Stock had a 2.35 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.35 and 2.23 respectively. (NYSE:CAG) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 3.98 and sector's optimum level is 15.19. Also, Director Ruth Ann Marshall sold 6,046 shares of the business's stock in a transaction on Wednesday, July 12th. Finally, Credit Suisse Group AG lifted their price objective on shares of Conagra Brands from $35.00 to $40.00 and gave the stock a "neutral" rating in a research report on Friday, December 23rd. Following the completion of the sale, the director now directly owns 89,260 shares in the company, valued at $2,965,217.20.

In the most updated research from a number of analysts on Wall Street, the company gets 8 Buys and 2 Sell among 13 analysts. The firm has "Buy" rating by Morgan Stanley given on Friday, June 23.

12/22/2016 - ConAgra Foods, Inc. had its "buy" rating reiterated by analysts at CFRA Research. Three analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. Currently, the stock has a 1 Year Price Target of $40.54.

Since the start of the New Year, Conagra Brands, Inc.

Shares of Investors Bancorp, Inc. About 3.35 million shares traded.

ConAgra Foods, Inc. (CAG) has the market capitalization of $13.98 Billion.

The stock last traded at $33.54 which is slightly below the 50 day moving average which is $34.12 and slightly below the 200 day moving average of $37.15. Conagra Brands, Inc. (NYSE:CAG) now has a Q.i. The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.86 billion. The firm has "Hold" rating by Drexel Hamilton given on Friday, October 9.

ConAgra Foods, Inc. on 5/30/2017 reported its EPS as $0.37 with the analysts projecting the EPS of the stock as $0.48. United Capital Financial Advisers Llc bought 100,657 shares as the company's stock declined 7.89% while stock markets rallied. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued. Columbia Asset invested in 0.67% or 69,005 shares. The ex-dividend date is Monday, October 30th.

Conagra Brands, Inc. (CAG) have shown a high EPS growth of 2.30% in the last 5 years and has earnings rose of 374.70% yoy. Thrivent For Lutherans reported 0% in Conagra Brands Inc (NYSE:CAG). If you are accessing this news story on another publication, it was illegally copied and reposted in violation of worldwide trademark & copyright laws. "(CAG) Receives Average Recommendation of "Hold" from Analysts" was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of USA & global trademark & copyright legislation.

Conagra Brands, Inc. has a beta of 0.69, offering the possibility of a higher rate of return, but also posing more risk. 27,207 were accumulated by Two Sigma Limited Company.



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