Campbell Soup Company (CPB) Holdings Held by Fiera Capital Corp

Fiera Capital Corp maintained its stake in Campbell Soup Company (NYSE:CPB) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,765 shares of the company’s stock at the end of the 2nd quarter. Fiera Capital Corp’s holdings in Campbell Soup were worth $353,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CPB. Advisors Asset Management Inc. lifted its holdings in Campbell Soup by 5.7% during the 1st quarter. Advisors Asset Management Inc. now owns 6,364 shares of the company’s stock valued at $364,000 after buying an additional 344 shares in the last quarter. Suntrust Banks Inc. lifted its holdings in Campbell Soup by 6.4% during the 1st quarter. Suntrust Banks Inc. now owns 4,396 shares of the company’s stock valued at $251,000 after buying an additional 265 shares in the last quarter. UBS Asset Management Americas Inc. lifted its holdings in Campbell Soup by 9.6% during the 1st quarter. UBS Asset Management Americas Inc. now owns 1,045,843 shares of the company’s stock valued at $59,864,000 after buying an additional 91,272 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Campbell Soup by 29.2% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,349 shares of the company’s stock valued at $821,000 after buying an additional 3,242 shares in the last quarter. Finally, State of Tennessee Treasury Department lifted its holdings in Campbell Soup by 37.3% during the 1st quarter. State of Tennessee Treasury Department now owns 127,840 shares of the company’s stock valued at $7,318,000 after buying an additional 34,725 shares in the last quarter. Institutional investors own 44.29% of the company’s stock.

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Shares of Campbell Soup Company (NYSE CPB) opened at 46.51 on Thursday. The firm’s 50-day moving average is $50.88 and its 200 day moving average is $54.73. Campbell Soup Company has a 52-week low of $45.28 and a 52-week high of $64.23. The stock has a market cap of $14.09 billion, a P/E ratio of 16.09 and a beta of 0.36.

Campbell Soup (NYSE:CPB) last announced its quarterly earnings results on Thursday, August 31st. The company reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.03). The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Campbell Soup had a net margin of 11.24% and a return on equity of 59.84%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 earnings per share. Analysts forecast that Campbell Soup Company will post $3.05 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on the stock. Piper Jaffray Companies assumed coverage on shares of Campbell Soup in a report on Wednesday, May 24th. They set a “neutral” rating and a $59.00 price objective for the company. Credit Suisse Group reissued a “sell” rating and set a $43.00 target price (down previously from $47.00) on shares of Campbell Soup in a research report on Friday, September 1st. Barclays PLC reissued a “sell” rating on shares of Campbell Soup in a research report on Tuesday, July 25th. Royal Bank Of Canada set a $60.00 target price on shares of Campbell Soup and gave the company a “hold” rating in a research report on Tuesday, July 18th. Finally, Zacks Investment Research raised shares of Campbell Soup from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $52.33.

Campbell Soup Company Profile

Campbell Soup Company is a food company, which manufactures and markets food products. The Company’s segments include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.

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Institutional Ownership by Quarter for Campbell Soup (NYSE:CPB)

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