Commerce Bank's holdings in Campbell Soup Company were worth $540,000 as of its most recent filing with the SEC.
Net income attributable to the company fell to $176 million, or 58 cents per share, partly due to a pretax charge related to its cost-saving program.
A number of other hedge funds also recently added to or reduced their stakes in the company. TD Asset Management Inc. boosted its position in Campbell Soup Company by 164.0% in the first quarter.
Campbell Soup Company (NYSE:CPB) last posted its earnings results on Friday, February 17th. Commerce Bank increased its position in shares of Campbell Soup Company by 28.1% in the first quarter. The company's shares traded on stronger-than-usual volume today: $2.58M shares changed hands while the stock's average volume is 1.51M shares per day. Fiera Capital holds 0% of its portfolio in Campbell Soup Company (NYSE:CPB) for 6,765 shares. (GST) stock; watched recent volatility movements, they can see that shares have been recorded at 10.77% for the week, and 8.53% for the last month.
Shares of Campbell Soup Company (NYSE:CPB) opened at 55.33 on Friday.
A gap is a space between prices that occurs when the price of a stock makes a move down or up when there is no trading happening in between. The company was maintained on Thursday, July 23 by RBC Capital Markets. Campbell Soup has $65 highest and $46 lowest target. The company's revenue was down 1.4% compared to the same quarter past year.More news: UK's Lib Dem Promises Referendum on EU Deal With Option to Remain
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Excluding certain items, Campbell Soup earned 59 cents per share in the quarter, missing analysts' average estimate of 64 cents.
Since November 23, 2016, it had 1 buying transaction, and 4 insider sales for $51.56 million activity. Campbell Soup Company had a return on equity of 58.62% and a net margin of 8.30%. The firm's quarterly revenue was down 1.4% on a year-over-year basis. Meag Munich Ergo Kapitalanlagegesellschaft Mbh acquired 5,000 shares as Campbell Soup Co (CPB)'s stock 0.00%. After $0.91 actual EPS reported by Campbell Soup Company for the previous quarter, Wall Street now forecasts -29.67% negative EPS growth.
The company also recently declared a quarterly dividend, which was paid on Monday, May 1st. Adjusted EBIT is now expected to increase 2-4% versus 1-4% expected earlier. The ex-dividend date was Monday, April 10th. Campbell Soup Company's dividend payout ratio (DPR) is presently 66.04%. If you are reading this story on another website, it was illegally copied and reposted in violation of USA and global copyright and trademark laws. Argi Inv Llc invested 0.07% of its portfolio in Campbell Soup Company (NYSE:CPB). 125.45 million shares or 3.11% less from 129.48 million shares in 2016Q3 were reported. UBS initiated the shares of CPB in report on Wednesday, February 24 with "Sell" rating. Royal Bank of Canada boosted their target price on shares of Campbell Soup Company from $60.00 to $63.00 and gave the stock a "sector perform" rating in a report on Wednesday, February 15th. Sanford C. Bernstein lowered Campbell Soup Company from a "market perform" rating to an "underperform" rating and set a $54.00 price objective on the stock.in a research note on Tuesday, March 21st. Barclays Capital downgraded Campbell Soup Company (NYSE:CPB) on Friday, January 15 to "Underweight" rating.
Among 37 analysts covering VMware Inc (NYSE:VMW), 11 have Buy rating, 0 Sell and 26 Hold.
In other Campbell Soup Company news, Director Bennett Dorrance bought 915,766 shares of the firm's stock in a transaction that occurred on Thursday, March 30th. Pictet Asset Mngmt owns 153,985 shares. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Homrich Berg owns 0.08% invested in Comcast Corporation (NASDAQ:CMCSA) for 12,849 shares.
The Camden-based food products company said reported earnings came in at $298 million for Q3.