Conagra Brands INC (CAG) Shareholder Dynamic Capital Management LTD Cut Its Position

Conagra Brands, Inc. (NYSE:CAG) LogoInvestors sentiment decreased to 0.99 in Q3 2018. Its down 0.15, from 1.14 in 2018Q2. It worsened, as 55 investors sold CAG shares while 188 reduced holdings. 69 funds opened positions while 171 raised stakes. 327.55 million shares or 8.11% more from 302.97 million shares in 2018Q2 were reported. Clifford Swan Counsel Limited Liability Corp holds 26,266 shares. Sg Americas Secs Limited Liability holds 29,816 shares or 0.01% of its portfolio. Cubist Systematic Strategies Lc holds 75,862 shares or 0.14% of its portfolio. Bluemountain Capital Mgmt has invested 0.05% in Conagra Brands, Inc. (NYSE:CAG). Washington Trust Fincl Bank invested in 0.02% or 4,522 shares. First Allied Advisory has invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Nj State Employees Deferred Compensation Plan has invested 0.14% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Barrow Hanley Mewhinney And Strauss Limited Liability Company owns 0% invested in Conagra Brands, Inc. (NYSE:CAG) for 1,109 shares. Cwm Ltd invested 0% in Conagra Brands, Inc. (NYSE:CAG). Stone Ridge Asset Mgmt Limited Liability Company invested 0.07% in Conagra Brands, Inc. (NYSE:CAG). Raab Moskowitz Asset Mgmt Lc owns 0% invested in Conagra Brands, Inc. (NYSE:CAG) for 275 shares. Zebra Capital Limited Com reported 7,343 shares. Gabelli Funds Limited Liability Corporation reported 0.23% in Conagra Brands, Inc. (NYSE:CAG). Guardian Life Ins Company Of America holds 0.01% of its portfolio in Conagra Brands, Inc. (NYSE:CAG) for 1,105 shares. Magnetar Financial invested in 0.15% or 247,746 shares.

Since July 20, 2018, it had 3 insider purchases, and 2 sales for $1.17 million activity. 7,092 shares were bought by BROWN THOMAS K, worth $249,993. Shares for $99,969 were bought by MARBERGER DAVID S on Friday, October 12. Connolly Sean had bought 14,184 shares worth $499,986.

Dynamic Capital Management Ltd decreased its stake in Conagra Brands Inc (CAG) by 82.68% based on its latest 2018Q3 regulatory filing with the SEC. Dynamic Capital Management Ltd sold 161,389 shares as the company’s stock declined 16.96% with the market. The hedge fund held 33,803 shares of the consumer non-durables company at the end of 2018Q3, valued at $1.14M, down from 195,192 at the end of the previous reported quarter. Dynamic Capital Management Ltd who had been investing in Conagra Brands Inc for a number of months, seems to be less bullish one the $10.12B market cap company. The stock decreased 3.56% or $0.77 during the last trading session, reaching $20.84. About 5.98M shares traded. Conagra Brands, Inc. (NYSE:CAG) has declined 18.36% since January 14, 2018 and is downtrending. It has underperformed by 18.36% the S&P500.

Dynamic Capital Management Ltd, which manages about $932.59M and $348.77 million US Long portfolio, upped its stake in Pvh Corp (NYSE:PVH) by 47,894 shares to 63,267 shares, valued at $7.98 million in 2018Q3, according to the filing. It also increased its holding in Anadarko Pete Corp (NYSE:APC) by 87,045 shares in the quarter, for a total of 93,635 shares, and has risen its stake in Kellogg Co (NYSE:K).

Analysts await Conagra Brands, Inc. (NYSE:CAG) to report earnings on March, 28. They expect $0.49 earnings per share, down 19.67 % or $0.12 from last year’s $0.61 per share. CAG’s profit will be $237.97 million for 10.63 P/E if the $0.49 EPS becomes a reality. After $0.67 actual earnings per share reported by Conagra Brands, Inc. for the previous quarter, Wall Street now forecasts -26.87 % negative EPS growth.

Conagra Brands, Inc. (NYSE:CAG) Ratings Coverage

Among 6 analysts covering Conagra Brands (NYSE:CAG), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Conagra Brands had 7 analyst reports since July 27, 2018 according to SRatingsIntel. The rating was downgraded by Bernstein to “Underperform” on Wednesday, November 14. The firm earned “Hold” rating on Monday, November 26 by Credit Suisse. Goldman Sachs maintained Conagra Brands, Inc. (NYSE:CAG) on Wednesday, October 24 with “Buy” rating. The firm has “Buy” rating given on Monday, October 8 by UBS. The rating was maintained by Credit Suisse on Friday, December 21 with “Neutral”. The company was maintained on Friday, July 27 by JP Morgan.

Conagra Brands, Inc. (NYSE:CAG) Institutional Positions Chart

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