Campbell Soup Company (NYSE:CPB) had declared a cash dividend of $0.3500 on Nov 17, 2016. The shares will quote ex-dividend on Jan 9, 2017 and the record date has been fixed for Jan 11, 2017. On Nov 17, 2016 share price, the yield comes out to be 2.5712%. The dividend payable date has been fixed on Jan 30, 2017.
In a different note, On Sep 19, 2016, Argus Research said it Downgrades its rating on Campbell Soup Company. The shares have been rated ‘Hold’ by the firm. On Sep 12, 2016, CLSA said it Maintains its rating on Campbell Soup Company. In the research note, the firm Lowers the price-target to $64.00 per share. The shares have been rated ‘Perform’ by the firm. On Sep 2, 2016, Citigroup said it Maintains its rating on Campbell Soup Company. In the research note, the firm Lowers the price-target to $67.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 26, 2016, Deutsche Bank said it Maintains its rating on Campbell Soup Company. In the research note, the firm Lowers the price-target to $63.00 per share. The shares have been rated ‘Hold’ by the firm.
Campbell Soup Company (CPB) made into the market gainers list on Mondays trading session with the shares advancing 0.02% or 0.01 points. Due to strong positive momentum, the stock ended at $54.23, which is also near the day’s high of $54.35. The stock began the session at $54.09 and the volume stood at 33,88,548 shares. The 52-week high of the shares is $67.89 and the 52 week low is $47.97. The company has a current market capitalization of $16,678 M and it has 30,75,45,050 shares in outstanding.
Campbell Soup Company(CPB) last announced its earnings results on Sep 1, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $1.69B. Analysts had an estimated revenue of $1.69B. Earnings per share were $0.46. Analysts had estimated an EPS of $0.50.
Several Insider Transactions has been reported to the SEC. On Oct 4, 2016, Edward Carolan (Senior Vice President) sold 2,400 shares at $54.35 per share price.Also, On Sep 9, 2016, Jeff Dunn (Senior Vice President) sold 8,459 shares at $56.24 per share price.On Sep 6, 2016, Luca Mignini (Senior Vice President) sold 11,255 shares at $57.87 per share price, according to the Form-4 filing with the securities and exchange commission.
Campbell Soup Company manufactures and markets food products. The Company’s segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages and Bolthouse and Foodservice. Its U.S. Simple Meals segment includes various products such as Campbell’s condensed and ready-to-serve soups; Prego pasta sauces and Pace Mexican sauces. Its Global Baking and Snacking segment includes Pepperidge Farm cookies crackers bakery and frozen products in the United States retail. Its International Simple Meals and Beverages segment includes retail business in Canada. Its U.S. Beverages segment includes various products such as V8 juices and beverages and Campbell’s tomato juice. Its Bolthouse and Foodservice segment comprises the Bolthouse Farms carrot products operating segment including fresh carrots juice concentrate and fiber. Its brands include Arnott’s Bolthouse Farms Campbell’s Garden Fresh Gourmet Goldfish Kjeldsens and Pace.