B. Metzler seel. Sohn & Co. AG Sells 44,241 Shares of The Campbell Soup Company (NASDAQ:CPB)

B. Metzler seel. Sohn & Co. AG reduced its holdings in The Campbell Soup Company (NASDAQ:CPB - Free Report) by 89.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 5,071 shares of the company's stock after selling 44,241 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Campbell Soup were worth $212,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Sherman Asset Management Inc. bought a new stake in Campbell Soup in the 4th quarter valued at about $36,000. Principal Securities Inc. raised its holdings in shares of Campbell Soup by 45.5% during the fourth quarter. Principal Securities Inc. now owns 927 shares of the company's stock valued at $39,000 after buying an additional 290 shares during the last quarter. Kentucky Trust Co acquired a new position in shares of Campbell Soup during the fourth quarter worth approximately $42,000. Quent Capital LLC grew its holdings in Campbell Soup by 77.7% in the 4th quarter. Quent Capital LLC now owns 1,100 shares of the company's stock worth $46,000 after buying an additional 481 shares in the last quarter. Finally, Stonebridge Financial Group LLC acquired a new stake in Campbell Soup in the 4th quarter valued at approximately $47,000. Institutional investors own 52.35% of the company's stock.

Insider Activity

In other Campbell Soup news, EVP Charles A. Brawley III sold 2,498 shares of the stock in a transaction on Monday, March 31st. The shares were sold at an average price of $40.03, for a total transaction of $99,994.94. Following the transaction, the executive vice president now directly owns 37,590 shares of the company's stock, valued at $1,504,727.70. This represents a 6.23 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 20.19% of the stock is owned by corporate insiders.

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Campbell Soup Stock Down 1.7 %

Shares of CPB traded down $0.65 during mid-day trading on Thursday, reaching $37.60. The company's stock had a trading volume of 765,971 shares, compared to its average volume of 2,737,716. The Campbell Soup Company has a 1 year low of $36.02 and a 1 year high of $52.81. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 1.74. The company has a market cap of $11.21 billion, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 2.71 and a beta of 0.19. The business has a fifty day moving average of $38.99 and a 200 day moving average of $42.24.

Campbell Soup (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings data on Wednesday, March 5th. The company reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. The firm had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.74 billion. Campbell Soup had a return on equity of 23.79% and a net margin of 5.57%. The firm's revenue was up 9.3% compared to the same quarter last year. As a group, analysts forecast that The Campbell Soup Company will post 3.15 earnings per share for the current fiscal year.

Campbell Soup Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Thursday, April 3rd will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 3rd. Campbell Soup's dividend payout ratio (DPR) is presently 90.17%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on CPB shares. Morgan Stanley began coverage on Campbell Soup in a research note on Monday, March 24th. They issued an "equal weight" rating and a $40.00 price target for the company. Stifel Nicolaus dropped their price target on shares of Campbell Soup from $47.00 to $40.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. BNP Paribas upgraded shares of Campbell Soup to a "strong sell" rating in a report on Wednesday, February 26th. Citigroup dropped their target price on Campbell Soup from $39.00 to $37.00 and set a "sell" rating on the stock in a report on Thursday, March 6th. Finally, Wells Fargo & Company decreased their price target on Campbell Soup from $43.00 to $40.00 and set an "equal weight" rating for the company in a research note on Thursday, March 6th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $44.86.

Campbell Soup Profile

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.