Evaluating Insider Trading And Ownership For Conagra Brands, Inc. (CAG)

Marco Green
September 14, 2017

Advisors Asset Management Inc. increased its stake in ConAgra Foods by 75.7% in the 1st quarter. It has underperformed by 10.01% the S&P500.

First Trust Advisors Lp increased Insteel Industries Inc (IIIN) stake by 107.84% reported in 2016Q4 SEC filing. It dropped, as 37 investors sold Morneau Shepell Inc shares while 162 reduced holdings. Alpha Windward LLC now owns 3,578 shares of the company's stock worth $128,000 after purchasing an additional 196 shares in the last quarter. Fox Point Capital Management Llc who had been investing in Conagra Brands Inc for a number of months, seems to be less bullish one the $14.48 billion market cap company.

ConAgra Foods (CAG) transacted up 0.75% throughout intraday market trading on early Monday, reaching $34.76. About 975 shares traded.

Chico's FAS, Inc. (NYSE:CHS) ended its day at $8.17 with the rising stream of -0.37% and its total traded volume was 3.31 million shares more than the average volume. It has underperformed by 17.54% the S&P500.

Investors sentiment increased to 1.07 in 2016 Q4. Transamerica Financial Advisors upgraded its holdings in ConAgra Foods by 0.3% through out the 1st period. Of those transactions, there were 171,915 shares of CAG bought and 147,584 shares sold.

Several other institutional investors and hedge funds have also recently made changes to their positions in CAG. State Board Of Administration Of Florida Retirement System reported 655,799 shares or 0.08% of all its holdings. Fox Point Mgmt Limited holds 12,500 shares or 1.82% of its portfolio. In the past 3-month period alone, shares of CAG have appreciated -3.88 - or -10.03%. Tiaa Cref Investment Mngmt Limited Liability Com stated it has 5.41 million shares or 0.16% of all its holdings.

ConAgra Foods, Inc. (CAG) now the company's industry has 12.28 P/E and the sector P/E is 16.36. Stanley Black & Decker (NYSE:SWK) was reduced too. Ferguson Wellman Capital Incorporated holds 5,500 shares. State Of Alaska Department Of Revenue owns 0.01% invested in Insteel Industries Inc (NASDAQ:IIIN) for 1,880 shares. Ironwood Invest Mngmt Lc invested in 6,400 shares or 0.18% of the stock. Moreover, Skylands Capital Ltd Liability Co has 0.45% invested in Lifelock Inc (NYSE:LOCK). Pillar Pacific Management Ltd Co owns 0.04% invested in General Mills, Inc. Moreover, Sfmg Ltd Liability has 0.11% invested in Conagra Brands Inc (NYSE:CAG). Conagra Brands Inc now has $14.49B valuation. Henderson Gp Public Limited Co reported 0.02% stake. Voloridge Inv Mgmt Limited Co owns 0.16% invested in Morneau Shepell Inc (TSE:MSI) for 91,441 shares. Credit Suisse Group AG (ADR) (NYSE:CS) has risen 6.69% since September 12, 2016 and is uptrending. Deutsche Bank maintained Conagra Brands Inc (NYSE:CAG) rating on Friday, September 25.

Riverhead Capital Management LLC increased its position in shares of ConAgra Foods Inc.

Since March 29, 2017, it had 0 insider buys, and 1 sale for $245,528 activity.

ConAgra Foods (NYSE:CAG) last announced its quarterly earnings results on Thursday, June 29th. They expect $0.40 earnings per share, down 34.43% or $0.21 from last year's $0.61 per share. CAG's profit would be $166.23M giving it 21.76 P/E if the $0.40 EPS is correct. After $0.37 actual EPS reported by Conagra Brands Inc for the previous quarter, Wall Street now forecasts 8.11% EPS growth. The Firm sells branded and customized food products, as well as commercially branded foods. Therefore 54% are positive. ConAgra Foods Inc. has a one year low of $32.03 and a one year high of $40.29. Jefferies Group LLC restated a "buy" rating on shares of ConAgra Foods in a research note on Friday, June 16th. Deutsche Bank maintained it with "Hold" rating and $43 target in Friday, September 25 report. The stock has "Buy" rating by Jefferies on Friday, June 16. Bank of America Corporation reissued a "buy" rating and issued a $43.00 price objective (down previously from $44.00) on shares of ConAgra Foods in a research report on Monday, June 26th. The company now has an average rating of "Buy" and an average target price of $47.34. The company was initiated on Wednesday, December 16 by Jefferies.

Investors sentiment decreased to 0.82 in 2016 Q4. Its up 0.10, from 0.9 in 2016Q3. There were 69 sold out positions, amounting to 4.56 million shares. Mason Street Advisors Llc stated it has 56,890 shares. Clarivest Asset Ltd Llc invested 0.01% in Johnson & Johnson (NYSE:JNJ). Independence Co reported 0.36% in Conagra Brands Inc (NYSE:CAG). Tarbox Grp Incorporated invested in 73 shares. Continental Ltd Com reported 92,113 shares. 385.13 million shares or 2.63% less from 395.53 million shares in 2016Q3 were reported. Texas Permanent School Fund owns 12,733 shares. Pennsylvania-based Pnc Fincl Gru Inc has invested 1.41% in Johnson & Johnson (NYSE:JNJ). Brinker Capital Inc has invested 0.04% in Conagra Brands Inc (NYSE:CAG). Commonwealth Equity Ser Inc accumulated 71,447 shares. (NYSE:GIS) for 2,525 shares. Chase Investment Counsel invested 0.2% in Johnson & Johnson (NYSE:JNJ).

Phocas Financial Corp decreased Abbvie Inc (NYSE:ABBV) stake by 6,388 shares to 80,961 valued at $5.07 million in 2016Q4. Zacks Lowered stocks of ConAgra Foods from a "buy" recommendation to a "hold" recommendation in a analysis note on Mon, May 22nd. Therefore 67% are positive. Johnson & Johnson had 64 analyst reports since August 7, 2015 according to SRatingsIntel. The company was reinitiated on Wednesday, November 9 by JP Morgan. Bank of America downgraded the stock to "Neutral" rating in Thursday, July 30 report. The rating was downgraded by BTIG Research on Friday, July 21 to "Sell".

10/19/2016 - ConAgra Foods, Inc. had its "hold" rating reiterated by analysts at Stifel Nicolaus. Citigroup has "Neutral" rating and $50 target. The stock of Johnson & Johnson (NYSE:JNJ) has "Buy" rating given on Thursday, August 24 by Cowen & Co. UBS initiated the shares of CAG in report on Monday, November 14 with "Neutral" rating. The firm earned "Hold" rating on Tuesday, May 30 by Susquehanna.

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