Brandywine Trust Co. Has $203.87 Million Holdings in The Campbell's Company (NASDAQ:CPB)

Brandywine Trust Co. raised its holdings in The Campbell's Company (NASDAQ:CPB - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,867,984 shares of the company's stock after acquiring an additional 84,778 shares during the quarter. Campbell's comprises 32.2% of Brandywine Trust Co.'s portfolio, making the stock its 2nd largest position. Brandywine Trust Co. owned approximately 1.63% of Campbell's worth $203,871,000 as of its most recent SEC filing.

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

Insider Activity at Campbell's

In related news, EVP Charles A. Brawley III sold 2,498 shares of the business's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $40.03, for a total value of $99,994.94. Following the completion of the sale, the executive vice president now directly owns 37,590 shares in the company, valued at approximately $1,504,727.70. The trade was a 6.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 20.19% of the stock is owned by company insiders.

Campbell's Trading Down 0.8 %

NASDAQ CPB opened at $35.58 on Tuesday. The company has a market cap of $10.61 billion, a PE ratio of 19.44, a PEG ratio of 2.71 and a beta of 0.14. The Campbell's Company has a 12 month low of $35.35 and a 12 month high of $52.81. The stock has a 50 day moving average of $38.38 and a 200-day moving average of $40.78. 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's (NASDAQ:CPB - Get Free Report) last released its quarterly earnings data on Wednesday, March 5th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.01. Campbell's had a net margin of 5.57% and a return on equity of 23.79%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.74 billion. The firm's quarterly revenue was up 9.3% compared to the same quarter last year. On average, equities research analysts anticipate that The Campbell's Company will post 3.15 EPS for the current fiscal year.

Campbell's Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 28th. Stockholders of record on Thursday, April 3rd were paid a dividend of $0.39 per share. The ex-dividend date was Thursday, April 3rd. This represents a $1.56 annualized dividend and a dividend yield of 4.38%. Campbell's's dividend payout ratio is currently 90.17%.

Wall Street Analyst Weigh In

Several research firms have weighed in on CPB. BNP Paribas upgraded Campbell's to a "strong sell" rating in a report on Wednesday, February 26th. Citigroup decreased their price objective on Campbell's from $39.00 to $37.00 and set a "sell" rating for the company in a research report on Thursday, March 6th. Royal Bank of Canada lowered their target price on Campbell's from $51.00 to $44.00 and set a "sector perform" rating for the company in a research note on Thursday, March 6th. Consumer Edge reaffirmed an "equal weight" rating on shares of Campbell's in a research note on Monday, March 17th. Finally, Jefferies Financial Group lowered their price objective on shares of Campbell's from $42.00 to $40.00 and set a "hold" rating for the company in a research report on Wednesday, March 5th. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, Campbell's currently has a consensus rating of "Hold" and an average target price of $44.27.

Campbell's Company Profile

The Campbell's Company, formerly known as 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.

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