08 July, 2017
Keeley Asset Management Corp acquired 14,020 shares as Conagra Foods Inc. Bank of Nova Scotia's holdings in ConAgra Foods were worth $4,112,000 as of its most recent SEC filing. 9,813,921 shares of the company's stock were exchanged. Symons Capital Management Inc. owned 0.10% of ConAgra Foods worth $17,105,000 as of its most recent filing with the SEC.
These funds have also shifted positions in (CAG). Advisors Asset Management Inc. raised its stake in shares of Conagra Brands by 75.7% in the first quarter.
The volume of the particular stock is the shares bought and sold in a single trading day.
Among 11 analysts covering Ardent Mines (NYSE:ADNT), 6 have Buy rating, 1 Sell and 4 Hold. The Blair William & Company holds 8,375 shares with $331,000 value, down from 18,222 last quarter. Jefferies Group LLC reaffirmed a "buy" rating on shares of ConAgra Foods in a research report on Friday, June 16th. Rational Advisors LLC now owns 3,507 shares of the company's stock valued at $141,000 after buying an additional 438 shares during the last quarter. It also reduced Kearney Financial Corp. stake by 336,245 shares and now owns 2.23 million shares. (CAG) now has a value of $34.91 while the company's 52 week low is at $33.08, the shares dropped to the 52 week low on 09/21/16.
Media coverage about ConAgra Foods (NYSE:CAG) has been trending positive on Friday, Accern Sentiment reports. About 5.16 million shares traded or 23.15% up from the average. The firm has a 50-day moving average price of $38.25 and a 200 day moving average price of $39.30. On the other hand the company has Relative Strength Index (RSI 14) of 41.66 together with Average True Range (ATR 14) of 0.66, thus the stocks' weekly and monthly volatility is 2.01% and 1.80% respectively. Conagra Brands Inc (NYSE:CAG) has risen 8.39% since July 6, 2016 and is uptrending. As of the latest earnings report the EPS was $1.48 and is expected to be $1.86 for the current year with 420,299,000 shares now outstanding. ConAgra Foods had a net margin of 7.43% and a return on equity of 20.29%. The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter past year, the business earned $0.52 earnings per share. The business's revenue was down 9.3% compared to the same quarter previous year. Analysts predict that ConAgra Foods will post $1.86 EPS for the current year.
Let's have a look at some of the important valuation ratios of the ConAgra Foods, Inc. "(CAG)" was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece of content on another domain, it was stolen and republished in violation of worldwide trademark and copyright laws. The correct version of this article can be read at https://www.chaffeybreeze.com/2017/07/07/highvista-strategies-llc-has-1031000-position-in-conagra-foods-inc-cag-updated.html.
A number of brokerages have issued reports on CAG. Citigroup maintained it with "Neutral" rating and $50 target in Friday, April 8 report. Finally, Royal Bank Of Canada raised their target price on shares of ConAgra Foods from $42.00 to $45.00 and gave the company a "buy" rating in a report on Friday, March 24th. On Thursday, June 9 the stock rating was downgraded by Macquarie Research to "Neutral". Bank of America Corporation reiterated a "buy" rating and set a $43.00 target price (down previously from $44.00) on shares of ConAgra Foods in a research report on Monday, June 26th. September 23 investment analysts at Deutsche Bank kept the company rating at "Hold" and lowered the price target to $46.00 from $48.00. ConAgra Foods presently has an average rating of "Hold" and an average price target of $43.53.
In other news, Director Ruth Ann Marshall sold 6,046 shares of the business's stock in a transaction that occurred on Wednesday, March 29th. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Montecito Bancshares & Tru owns 3,280 shares for 0.05% of their portfolio. Boyer And Corporon Wealth Limited Liability has invested 1.53% in Conagra Brands Inc (NYSE:CAG). The Company sells branded and customized food products, as well as commercially branded foods.
