The $570.32B market cap company, which fluctuated between $835.83 and $842 during the day, now situated 24.88% above its 52 week low of $672.66 and -3.11% away from its one year high of $867.
Many brokerage firms are involved in issuing their ratings on Campbell Soup Company (NYSE:CPB). Van ECK Associates Corp raised its position in shares of Campbell Soup Company by 22.9% in the fourth quarter. The target implies a 12.86% spike from where the shares are now trading. Its revenue totaled $2.2 billion up 30.25% from the previous quarter. Advisor Partners LLC boosted its stake in shares of Campbell Soup Company by 0.6% in the second quarter. The business's revenue for the quarter was up.0% compared to the same quarter a year ago. Tower Research Capital LLC TRC now owns 2,803 shares of the company's stock valued at $153,000 after buying an additional 2,648 shares during the last quarter. BB&T Corp increased its position in shares of Campbell Soup Company by 180.6% in the second quarter. After the day trading kicked off at $109.88, the stock was seen approaching $109.06 as its bottom price and $110.42 as its intraday high price. The firm shows the market capitalization of $19.66 Billion. On average, equities research analysts expect that Campbell Soup Company will post $3.08 EPS for the current fiscal year.
On 3/23/2016 Campbell Soup Company announced a quarterly dividend of $0.31 1.98% with an ex dividend date of 4/7/2016 which will be payable on 5/2/2016. During the same quarter in the previous year, the firm earned $0.95 earnings per share. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.95 by $0.05. This represents a $1.40 annualized dividend and a yield of 2.33%.
CPB has been the topic of a number of analyst reports. Finally, TheStreet raised shares of Campbell Soup Company from a "hold" rating to a "buy" rating in a research report on Tuesday, November 22nd.
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Campbell Soup Company (NYSE:CPB) has insider ownership of 37.30% and institutional ownership of 42.81%. Royal Bank Of Canada increased their price objective on shares of Campbell Soup Company from $58.00 to $60.00 and gave the company a "sector perform" rating in a research report on Monday, November 28th. If you are viewing this piece of content on another website, it was illegally stolen and republished in violation of US and global copyright and trademark laws.
Following an update released by analysts at Deutsche Bank on Wednesday the broker has now set a "Hold" rating on shares of Campbell Soup Company (NYSE:CPB) with a price target of 65.
In other news, insider Carlos Barroso sold 9,130 shares of Campbell Soup Company stock in a transaction that occurred on Wednesday, January 4th. The company maintains price to book ratio of 12.29 vs.an industry average at 3.48. The share price has moved forward from its 20 days moving average, trading at a distance of 0.84% and stays 4.08% away from its 50 days moving average. Zacks Investment Research cut Campbell Soup from a "hold" rating to a "sell" rating in a research note on Tuesday, August 30th.
Several research analysts have weighed in on the stock.
Campbell Soup Company (NYSE:CPB): The mean short term price target for Campbell Soup Company (NYSE:CPB) has been established at $59.67 per share. Following the transaction, the senior vice president now owns 33,760 shares of the company's stock, valued at $2,036,065.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. The Company's segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages and Bolthouse and Foodservice. The segment includes the products, such as Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans and dinner sauces; Plum food and snacks; V8 juices and beverages, and Campbell's tomato juice. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.