Robeco Institutional Asset Management B.V. Has $1.09 Million Stock Holdings in The Campbell Soup Company (NASDAQ:CPB)

Robeco Institutional Asset Management B.V. trimmed its stake in The Campbell Soup Company (NASDAQ:CPB - Free Report) by 82.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,902 shares of the company's stock after selling 118,006 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Campbell Soup were worth $1,085,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Franklin Resources Inc. increased its stake in Campbell Soup by 1,593.8% in the third quarter. Franklin Resources Inc. now owns 1,904,440 shares of the company's stock valued at $91,623,000 after purchasing an additional 1,792,005 shares during the last quarter. Raymond James Trust N.A. increased its stake in Campbell Soup by 43.8% in the third quarter. Raymond James Trust N.A. now owns 9,228 shares of the company's stock valued at $451,000 after purchasing an additional 2,809 shares during the last quarter. FMR LLC grew its position in Campbell Soup by 34.2% during the third quarter. FMR LLC now owns 165,494 shares of the company's stock valued at $8,096,000 after acquiring an additional 42,216 shares during the period. Centiva Capital LP purchased a new stake in Campbell Soup during the third quarter valued at about $2,806,000. Finally, Principal Financial Group Inc. grew its position in Campbell Soup by 6.8% during the third quarter. Principal Financial Group Inc. now owns 278,607 shares of the company's stock valued at $13,629,000 after acquiring an additional 17,663 shares during the period. 52.35% of the stock is owned by institutional investors and hedge funds.

Campbell Soup Stock Up 0.1 %

NASDAQ CPB traded up $0.05 on Friday, hitting $37.53. 1,751,059 shares of the stock traded hands, compared to its average volume of 2,935,339. The stock has a 50-day moving average of $40.64 and a 200 day moving average of $45.50. The Campbell Soup Company has a twelve month low of $37.01 and a twelve month high of $52.81. The company has a market capitalization of $11.19 billion, a P/E ratio of 20.51, a price-to-earnings-growth ratio of 2.59 and a beta of 0.19. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 1.74.

Campbell Soup (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings data on Tuesday, December 3rd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.02. Campbell Soup had a return on equity of 23.79% and a net margin of 5.57%. As a group, analysts expect that The Campbell Soup Company will post 3.15 earnings per share for the current fiscal year.

Campbell Soup Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 2nd were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.16%. This is a positive change from Campbell Soup's previous quarterly dividend of $0.37. The ex-dividend date of this dividend was Thursday, January 2nd. Campbell Soup's dividend payout ratio is 85.25%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on CPB shares. Wells Fargo & Company lowered their price target on Campbell Soup from $45.00 to $43.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. DA Davidson reaffirmed a "neutral" rating and issued a $51.00 target price on shares of Campbell Soup in a research report on Wednesday, December 4th. Barclays decreased their target price on Campbell Soup from $49.00 to $46.00 and set an "underweight" rating for the company in a research report on Friday, December 6th. Citigroup decreased their target price on Campbell Soup from $44.00 to $41.00 and set a "sell" rating for the company in a research report on Thursday, December 5th. Finally, Stephens reiterated an "overweight" rating on shares of Campbell Soup in a research note on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $50.17.

Insider Buying and Selling

In other Campbell Soup news, EVP Anthony Sanzio sold 2,000 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total transaction of $83,800.00. Following the completion of the transaction, the executive vice president now directly owns 16,551 shares of the company's stock, valued at approximately $693,486.90. This trade represents a 10.78 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 20.19% of the company's stock.

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.