2 weeks Ago By ABMN Staff
Bokf Na decreased its stake in shares of Conagra Brands, Inc. ( NYSE:CAG – Free Report ) by 5.1% in the second quarter, HoldingsChannel reports.
The institutional investor owned 23,519 shares of the company’s stock after selling 1,254 shares during the period. Bokf Na’s holdings in Conagra Brands were worth $668,000 at the end of the most recent quarter. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Bessemer Group Inc. lifted its holdings in Conagra Brands by 237.9% during the 1st quarter.
Bessemer Group Inc. now owns 76,971 shares of the company’s stock valued at $2,281,000 after buying an additional 54,195 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Conagra Brands by 12.
2% in the 4th quarter. Stifel Financial Corp now owns 815,947 shares of the company’s stock valued at $23,385,000 after purchasing an additional 88,576 shares in the last quarter. Public Employees Retirement Association of Colorado raised its holdings in shares of Conagra Brands by 663.
1% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 436,698 shares of the company’s stock valued at $12,516,000 after purchasing an additional 379,473 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Conagra Brands by 261.
3% in the 1st quarter. SG Americas Securities LLC now owns 147,082 shares of the company’s stock valued at $4,360,000 after purchasing an additional 106,368 shares in the last quarter. Finally, M&G Plc bought a new stake in shares of Conagra Brands in the 1st quarter valued at about $7,429,000.
Institutional investors own 83.75% of the company’s stock. Insider Activity In other news, COO Thomas M.
Mcgough sold 40,000 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $30.29, for a total value of $1,211,600.
00. Following the sale, the chief operating officer now directly owns 161,443 shares of the company’s stock, valued at approximately $4,890,108.47.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Insiders own 0.88% of the company’s stock.
Analysts Set New Price Targets Read Our Latest Analysis on Conagra Brands Conagra Brands Stock Up 0.9 % NYSE:CAG opened at $32.05 on Monday.
The company has a market cap of $15.35 billion, a PE ratio of 43.90, a P/E/G ratio of 2.
88 and a beta of 0.32. Conagra Brands, Inc.
has a twelve month low of $25.16 and a twelve month high of $33.24.
The company has a current ratio of 0.97, a quick ratio of 0.33 and a debt-to-equity ratio of 0.
88. The company’s 50 day moving average is $30.47 and its two-hundred day moving average is $29.
89. Conagra Brands ( NYSE:CAG – Get Free Report ) last released its earnings results on Thursday, July 11th. The company reported $0.
61 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.04.
The company had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.93 billion.
Conagra Brands had a net margin of 2.88% and a return on equity of 14.31%.
Conagra Brands’s revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.
62 EPS. Analysts anticipate that Conagra Brands, Inc. will post 2.
61 EPS for the current year. Conagra Brands Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 1st were issued a $0.
35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.
37%. The ex-dividend date of this dividend was Thursday, August 1st. Conagra Brands’s dividend payout ratio (DPR) is currently 191.
78%. Conagra Brands Profile ( Free Report ) Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments.
The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. Read More Want to see what other hedge funds are holding CAG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Conagra Brands, Inc.
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