Trilogy Capital Inc. purchased a new stake in shares of Campbell Soup (NYSE:CPB) during the 4th quarter, HoldingsChannel reports. The firm purchased 8,544 shares of the company’s stock, valued at approximately $411,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its position in shares of Campbell Soup by 16.0% during the third quarter. Bank of New York Mellon Corp now owns 6,493,192 shares of the company’s stock valued at $304,011,000 after buying an additional 897,314 shares during the period. APG Asset Management N.V. increased its position in shares of Campbell Soup by 7.4% during the fourth quarter. APG Asset Management N.V. now owns 3,808,869 shares of the company’s stock valued at $152,602,000 after buying an additional 263,300 shares during the period. Schroder Investment Management Group increased its position in shares of Campbell Soup by 14.9% during the third quarter. Schroder Investment Management Group now owns 3,560,628 shares of the company’s stock valued at $167,527,000 after buying an additional 463,010 shares during the period. Bessemer Group Inc. increased its position in shares of Campbell Soup by 80,239.5% in the third quarter. Bessemer Group Inc. now owns 3,445,763 shares of the company’s stock worth $161,331,000 after purchasing an additional 3,441,474 shares during the last quarter. Finally, LSV Asset Management increased its position in shares of Campbell Soup by 215.7% in the fourth quarter. LSV Asset Management now owns 3,095,193 shares of the company’s stock worth $148,909,000 after purchasing an additional 2,114,693 shares during the last quarter. Hedge funds and other institutional investors own 47.79% of the company’s stock.

Several research analysts recently weighed in on the stock. Royal Bank of Canada decreased their price objective on shares of Campbell Soup from $56.00 to $55.00 and set a “sector perform” rating on the stock in a research report on Monday, November 20th. Citigroup restated a “neutral” rating and issued a $54.00 price objective (up from $50.00) on shares of Campbell Soup in a research report on Wednesday, December 20th. JPMorgan Chase & Co. restated a “hold” rating and issued a $50.00 price objective on shares of Campbell Soup in a research report on Friday, December 15th. Zacks Investment Research upgraded shares of Campbell Soup from a “sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Finally, Wolfe Research assumed coverage on shares of Campbell Soup in a research report on Friday, January 26th. They issued a “market perform” rating on the stock. Six investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $50.08.

In other Campbell Soup news, SVP Carlos Barroso sold 4,300 shares of the company’s stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $48.86, for a total value of $210,098.00. Following the completion of the sale, the senior vice president now owns 29,119 shares of the company’s stock, valued at $1,422,754.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Edward Carolan sold 6,500 shares of the company’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $48.15, for a total value of $312,975.00. Following the completion of the sale, the insider now directly owns 41,506 shares of the company’s stock, valued at approximately $1,998,513.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,284 shares of company stock valued at $741,399. 37.20% of the stock is owned by insiders.

Shares of Campbell Soup (CPB) opened at $45.73 on Monday. The stock has a market capitalization of $13,750.00, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 3.59 and a beta of 0.32. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.77 and a quick ratio of 0.39. Campbell Soup has a 52 week low of $43.50 and a 52 week high of $63.87.

Campbell Soup (NYSE:CPB) last issued its earnings results on Tuesday, November 21st. The company reported $0.92 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.97 by ($0.05). The firm had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Campbell Soup had a return on equity of 56.88% and a net margin of 11.08%. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.00 EPS. equities analysts expect that Campbell Soup will post 2.95 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, January 29th. Shareholders of record on Wednesday, January 10th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend was Tuesday, January 9th. Campbell Soup’s dividend payout ratio is currently 48.95%.

Campbell Soup announced that its board has authorized a share repurchase plan on Monday, December 18th that authorizes the company to buyback shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s board believes its stock is undervalued.

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About Campbell Soup

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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