Yousif Capital Management LLC Has $1.26 Million Stock Holdings in Campbell Soup (NYSE:CPB)

Yousif Capital Management LLC trimmed its position in shares of Campbell Soup (NYSE:CPB - Free Report) by 43.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,141 shares of the company's stock after selling 22,008 shares during the period. Yousif Capital Management LLC's holdings in Campbell Soup were worth $1,260,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV raised its stake in shares of Campbell Soup by 165.7% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 651 shares of the company's stock valued at $28,000 after buying an additional 406 shares in the last quarter. ING Groep NV bought a new position in Campbell Soup during the third quarter worth about $33,000. Allworth Financial LP boosted its holdings in Campbell Soup by 110.0% during the third quarter. Allworth Financial LP now owns 819 shares of the company's stock valued at $34,000 after purchasing an additional 429 shares in the last quarter. Lindbrook Capital LLC grew its stake in shares of Campbell Soup by 79.9% in the 4th quarter. Lindbrook Capital LLC now owns 1,011 shares of the company's stock valued at $44,000 after purchasing an additional 449 shares during the period. Finally, Neo Ivy Capital Management acquired a new position in shares of Campbell Soup in the 3rd quarter worth approximately $67,000. Institutional investors and hedge funds own 52.35% of the company's stock.

Campbell Soup Trading Down 2.2 %

Shares of CPB traded down $1.01 on Friday, reaching $44.88. 2,760,270 shares of the company's stock were exchanged, compared to its average volume of 2,419,463. The business has a 50 day moving average price of $43.65 and a two-hundred day moving average price of $42.79. Campbell Soup has a 12 month low of $37.94 and a 12 month high of $55.04. The stock has a market capitalization of $13.38 billion, a P/E ratio of 17.53, a price-to-earnings-growth ratio of 3.00 and a beta of 0.23. The company has a current ratio of 1.01, a quick ratio of 0.43 and a debt-to-equity ratio of 1.17.

Campbell Soup (NYSE:CPB - Get Free Report) last released its earnings results on Wednesday, March 6th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.03. The firm had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.44 billion. Campbell Soup had a net margin of 8.26% and a return on equity of 23.18%. The business's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.80 EPS. Research analysts anticipate that Campbell Soup will post 3.05 earnings per share for the current year.

Campbell Soup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 29th. Shareholders of record on Thursday, April 4th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date was Wednesday, April 3rd. Campbell Soup's dividend payout ratio (DPR) is currently 57.81%.

Analyst Ratings Changes

Several equities analysts recently commented on the company. DA Davidson initiated coverage on Campbell Soup in a research report on Friday, March 1st. They set a "buy" rating and a $48.00 target price for the company. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $47.00 target price on shares of Campbell Soup in a report on Thursday, March 14th. Citigroup began coverage on shares of Campbell Soup in a report on Thursday, February 1st. They set a "sell" rating and a $41.00 price target for the company. JPMorgan Chase & Co. boosted their price target on shares of Campbell Soup from $47.00 to $48.00 and gave the company a "neutral" rating in a research report on Friday, March 1st. Finally, Evercore ISI initiated coverage on shares of Campbell Soup in a report on Wednesday, March 13th. They set an "in-line" rating and a $49.00 price objective for the company. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $46.38.

About Campbell Soup

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.