Campbell Soup Company (NYSE:CPB) has paid out $0.312 per shares as dividend in the last one year while a year ago it paid $0.312 in dividends. The company’s 50 day moving average price is $62.50 and its 200-day moving average price is $62.74.
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Campbell Soup (NYSE:CPB) opened at 60.48 on Friday. The stock has a market capitalization of $18.75 billion and a price-to-earnings ratio of 27.54.
In the duration of 12 months Campbell Soup Company’s share price has increased by 31.5% to 61.04 from 46.42. Utah Retirement Systems raised its stake in Campbell Soup by 0.3% in the fourth quarter. Investors of record on Monday, July 11th were given a $0.312 dividend.
The dividend yield for the company is hovering around 2.05% while the pay out ratio is now at 54.20%.
However, the adjusted figure was still short of the analyst estimate of $2.97 per share. Ropes Wealth Advisors sold out all of its stake in CPB during the most recent quarter. The performance this quarter is at 1.38% while the weekly performance is at -0.31%.
Other analysts have also recently issued research reports about the company. Sales of $1.687 billion were comparable to prior year as the benefit from the acquisition of Garden Fresh Gourmet was offset by the decline in organic sales and the adverse impact of currency translation. Campbell Soup now has an average rating of Hold and an average target price of $59.05. It has been assigned a low target price of $6.5 and a high target price of $19.
NL Industries Inc. (NYSE:NL) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued.
Campbell Soup said Thursday that quarterly sales declined for its fresh products unit, which the company had been hoping would help it capitalize on the growing interest for fresh and wholesome foods. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice.
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Receive Campbell Soup Company News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Campbell Soup Company with MarketBeat.com’s FREE daily email newsletter. Its U.S. Simple Meals segment includes various products, such as Campbells condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces.
