Analyst Research Roundup: GoDaddy Inc. (GDDY), Conagra Brands, Inc. (CAG)

In the most recent financial results released by Conagra Brands, Inc., for the quarter ending on 2017-08-31, the company posted EPS of 0.46.

When choosing stocks, many investors search for what Wall Street professionals think about the company first - like what the average rating is. Conagra Brands, Inc. (NYSE:CAG) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Numeric Investors LLC raised its stake in shares of Conagra Brands by 75.2% in the second quarter. Bank of Montreal Can acquired a new position in shares of ConAgra Foods during the second quarter worth about $37,051,000. Pictet Asset Management Ltd. now owns 431,537 shares of the company's stock worth $14,560,000 after buying an additional 16,100 shares during the last quarter. Victory Capital Management Inc. now owns 289,392 shares of the company's stock worth $9,764,000 after buying an additional 239,667 shares during the last quarter.

Eqis Capital Management Inc. grew its position in Conagra Brands Inc. Alliancebernstein L.P. lifted its position in Conagra Brands by 49.8% in the second quarter. AJO LP now owns 3,118,724 shares of the company's stock valued at $111,526,000 after acquiring an additional 2,754,930 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Conagra Brands by 10,072.6% in the second quarter. 500,511 shares of the company were exchanged. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

CAG has been the subject of a number of research analyst reports. Morgan Stanley cut their price objective on Conagra Brands from $42.00 to $40.00 and set an "overweight" rating for the company in a report on Monday, September 25th. They noted that the move was a valuation call. Royal Bank Of Canada restated a "buy" rating and issued a $45.00 price objective on shares of Conagra Brands in a report on Friday, September 29th. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Jefferies maintained Conagra Brands Inc (NYSE:CAG) on Wednesday, August 30 with "Buy" rating. Legal General Grp Inc Public Ltd Liability Corporation accumulated 2.14M shares.

TRADEMARK VIOLATION NOTICE: This article was published by TrueBlueTribune and is the property of of TrueBlueTribune. The correct version of this piece of content can be read at (NYSE:CAG) traded up 1.128% on Monday, reaching $33.855. (NYSE:CAG) traded up 1.29% during trading on Tuesday, hitting $48.68. The stock has a market cap of $13.98 billion, a price-to-earnings ratio of 24.60 and a beta of 0.31. Conagra Brands Inc. has a 1-year low of $32.16 and a 1-year high of $41.68.

This particular stock's 5-day moving average is 33.88, its 20-day moving average is 33.93 and its 100-day moving average is 34.62. The stock of Conagra Brands Inc (NYSE:CAG) has "Neutral" rating given on Thursday, February 25 by Goldman Sachs. During the same quarter a year ago, the firm earned $0.37 earnings per share. Conagra Brands, Inc. (CAG) has an operating margin of 11.60%. Alliancebernstein L.P. now owns 5,674,123 shares of the company's stock valued at $202,907,000 after acquiring an additional 1,886,614 shares during the last quarter. On the other hand, company insiders are holding 0.30%. During the same quarter in the prior year, the firm posted $0.37 EPS. The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.79 billion. The ex-dividend date of this dividend is Monday, October 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.05%. Conagra Brands's dividend payout ratio is now 60.28%.

The Details: Conagra Brands, Inc. The Firm operates through two divisions: Consumer Foods and Commercial Foods. The Firm sells branded and customized food products, as well as commercially branded foods.

Want to see what other hedge funds are holding CAG?

Like this


31 October 2017
WatchOS 4.1 Introduces Apple Music Streaming and New Radio App
The Radio app enables streaming content from Beats 1 or select other radio stations, such as ESPN, NPR, and genre-based stations. You'll need a Series 3 watch , of course, but you're no longer tethered to your iPhone if you demand fresh tunes at all times.

31 October 2017
" "Equinet AG Reiterates "€17.50" Price Target for Deutsche Bank AG (DBK)
According to their observations and findings, the stock could provide a high EPS of $0.06/share and a low EPS of $0.06/share. The return on assets stands at -0.1%, Return on Equity now is -1.4% and the Return on Investment value is 3.7%.

31 October 2017
Watch Outlander season 3, episode 7 online
Stubborn as she is, Claire prepares for surgery anyway, earning the reproach of Jamie's colleagues. When Claire asked Jamie why he lied, Jamie said he was showing him the way the world worked.

31 October 2017
Martial only ever plays at 85 per cent, says Neville
Manchester United great Gary Neville has accused Anthony Martial of only ever playing at "85 per cent" of his ability. Do YOU want to write for GiveMeSport?

31 October 2017
Northern Trust Corp Acquires 18880 Shares of Credit Suisse Group (NYSE:CS)
Credit Suisse Group AG's P/B is valued at 0.84 exhibiting the investor sentiment on the value of the stock to its actual value. BidaskClub downgraded Credit Suisse Group from a "hold" rating to a "sell" rating in a research report on Monday, August 14th.

31 October 2017
Carles Puigdemont: no estoy en Bruselas para pedir asilo político
Una semana después, Puigdemont asumía el mandato para la independencia, pero antes pidió dialogar con el gobierno, algo que no consiguió.

31 October 2017
Two Stocks To Trade Now: Newfield Exploration Company (NFX), Inogen, Inc. (INGN)
Zacks Investment Research downgraded shares of Newfield Exploration from a "buy" rating to a "hold" rating in a report on Friday. The volume of COST witnessed a shift from 3.4 million shares, based on a 50-day average, to 3.43 million shares.

31 October 2017
Revenue Estimates Analysis Of Crown Castle International Corp. (CCI)
According to their observations and findings, the stock could provide a high EPS of $0.32/share and a low EPS of $0.05/share. Turtle Creek Asset Management Inc. holds 8.39% of its portfolio in SS&C Technologies Holdings, Inc. for 1.92 million shares.

31 October 2017
Rio Ferdinand delighted with duo following Manchester United's victory over Tottenham
Former Manchester United defender Phil Neville has likened Anthony Martial to Ole Gunnar Solskjaer for his impact from the bench. The match looked headed for a stalemate until Martial managed to find the back of the net late during the second half.

31 October 2017
Want To Live Forever? We've Got Some Really Bad News
The basic reason for this, Masel added, "is that things break". "You might be able to slow down aging but you can't stop it". Currently, various teams of scientists from across the globe are looking for a way to stop or slow down the aging process .