Conagra Brands (NYSE:CAG) Director Sells $449580.56 in Stock

Marco Green
April 17, 2018

Willingdon Wealth Management acquired 14,757 shares as Celgene Corp (CELG)'s stock declined 19.30%. Celgene Corp now has $68.06B valuation. During the last month, the stock has changed -1.99% and performed 12.94% over the last 6 months. About 528,008 shares traded. Valero Energy Partners LP (NYSE:VLP) has declined 26.85% since April 16, 2017 and is downtrending.

Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for Conagra Brands Inc. Its down 0.21, from 0.99 in 2017Q3.

Conagra Brands, Inc, formerly ConAgra Foods, Inc, operates as a packaged food company. 750.14 million shares or 4.26% less from 783.53 million shares in 2017Q3 were reported. 42 investors sold all, 227 reduced holdings as Conagra Brands, Inc. ratio worsened. The company has market cap of $14.61 billion. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. It has a 13.81 P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The stock increased 1.36% or $0.5 during the last trading session, reaching $37.3. At a certain point in the past four quarters, the shares traded as low as $32.16 but made a 14.43% recovery since then.

In other news, Director Stephen G. Butler sold 12,092 shares of the company's stock in a transaction dated Friday, April 6th. It has underperformed by 21.58% the S&P500.

Ratings analysis reveals 50% of ConAgra's analysts are positive. With these types of results to display analysts, are more optimistic than before, leading 3 of analysts who cover Louisiana-Pacific Corporation (NYSE:LPX) advice their clients to include it in their buy candidate list. However, at one point, in the middle of the day, the price touched a high of $36.93 before it finally returned some of the gains. The shares were sold at an average price of $37.18, for a total value of $449,580.56. The Korea-based Korea Invest Corporation has invested 0.07% in Conagra Brands, Inc. (NYSE:CAG) for 184,373 shs. On Friday, July 28 the stock rating was maintained by Jefferies with "Buy". The firm earned "Neutral" rating on Friday, April 8 by Citigroup. Portfolio Solutions Ltd holds 0% of its capital in Conagra Brands, Inc. (NYSE:CAG) with "Overweight" rating. In Tuesday, November 7 report RBC Capital Markets maintained it with "Buy" rating and $45.0 target. (NYSE:CAG) on Friday, December 22 with "Buy" rating. Geode Capital Management LLC raised its holdings in shares of Conagra Brands by 4.6% in the 4th quarter. On Monday, April 24 the stock rating was maintained by RBC Capital Markets with "Buy". Institutional investors own 79.91% of the company's stock. Federated Invsts Pa, a Pennsylvania-based fund reported 850,455 shares.

Since March 7, 2018, it had 2 buys, and 0 insider sales for $1.10 million activity. Deutsche Bank has "Hold" rating and $43 target. Therefore 71% are positive.

A number of analysts recently issued reports on the company. The rating was downgraded by Morgan Stanley to "Equal-Weight" on Friday, January 6. The rating was maintained by Cowen & Co on Thursday, April 21 with "Outperform". The firm has "Hold" rating given on Friday, September 23 by Deutsche Bank. Stifel Nicolaus maintained Conagra Brands, Inc. As per Wednesday, March 30, the company rating was maintained by Citigroup. This simplified numeric scale spans the range of one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. The rating was upgraded by Leerink Swann to "Outperform" on Friday, June 16. The company was maintained on Monday, October 31 by Mizuho. (CAG) price will be reaching a mean target of $42.07 a share. 73 funds opened positions while 219 raised stakes. Rockefeller Svcs holds 102,722 shares. Wellington Management Grp Llp has 133,364 shares for 0% of their portfolio. 235,839 are owned by First Manhattan. Gamco Et Al reported 1.04M shares. During the same quarter past year, the company earned $0.58 earnings per share. Balyasny Asset Mgmt Ltd holds 781,047 shs or 0.09% of its capital. 37,994 are held by Majedie Asset Management. Comerica Securities reported 18,199 shares. The institutional investor held 3.10 million shares of the consumer non-durables company at the end of 2017Q4, valued at $116.87 million, up from 3.07 million at the end of the previous reported quarter. Quantitative Systematic Strategies Ltd Com holds 27,144 shares. 3,000 were reported by Private Ocean Ltd Limited Liability Company.

The analyst recommendations from a month ago are 1 Buy, 5 Strong Buy, 0 Sell, 0 Hold and 3. 18,500 shares were sold by KAPLAN GILLA, worth $1.77M. (NYSE:CAG) or 10,117 shares. 6,046 shs valued at $216,810 were sold by MARSHALL RUTH ANN on Monday, March 26. Alles Mark J also bought $299,594 worth of Celgene Corporation (NASDAQ:CELG) on Thursday, February 8.

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