Trilogy Capital Inc. Purchases 14,556 Shares of Campbell Soup (CPB)

Trilogy Capital Inc. increased its position in Campbell Soup (NYSE:CPB) by 219.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,178 shares of the company’s stock after purchasing an additional 14,556 shares during the period. Trilogy Capital Inc.’s holdings in Campbell Soup were worth $808,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kessler Investment Group LLC lifted its stake in Campbell Soup by 16.2% during the 1st quarter. Kessler Investment Group LLC now owns 11,413 shares of the company’s stock valued at $435,000 after acquiring an additional 1,593 shares in the last quarter. Pennsylvania Trust Co increased its position in shares of Campbell Soup by 364.0% during the 1st quarter. Pennsylvania Trust Co now owns 47,601 shares of the company’s stock valued at $3,835,000 after purchasing an additional 37,342 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in shares of Campbell Soup by 427.0% during the 1st quarter. Flagship Harbor Advisors LLC now owns 6,761 shares of the company’s stock valued at $257,000 after purchasing an additional 5,478 shares during the last quarter. Retirement Systems of Alabama increased its position in shares of Campbell Soup by 1.1% during the 1st quarter. Retirement Systems of Alabama now owns 89,710 shares of the company’s stock valued at $3,421,000 after purchasing an additional 978 shares during the last quarter. Finally, Truvestments Capital LLC purchased a new stake in shares of Campbell Soup during the 1st quarter valued at $157,000. Institutional investors own 52.55% of the company’s stock.

Shares of CPB opened at $39.43 on Wednesday. Campbell Soup has a fifty-two week low of $32.03 and a fifty-two week high of $43.98. The stock has a market capitalization of $12.00 billion, a P/E ratio of 13.74, a PEG ratio of 2.68 and a beta of 0.42. The company has a quick ratio of 0.37, a current ratio of 0.70 and a debt-to-equity ratio of 6.26.

Campbell Soup (NYSE:CPB) last announced its quarterly earnings data on Wednesday, February 27th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.07. Campbell Soup had a positive return on equity of 55.51% and a negative net margin of 1.68%. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same quarter last year, the firm posted $1.00 EPS. The firm’s revenue for the quarter was up 24.4% on a year-over-year basis. Sell-side analysts expect that Campbell Soup will post 2.48 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, April 11th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend is Wednesday, April 10th. Campbell Soup’s dividend payout ratio (DPR) is currently 48.78%.

Several equities research analysts have recently issued reports on CPB shares. Zacks Investment Research reaffirmed a “buy” rating and set a $42.00 target price on shares of Campbell Soup in a research report on Monday, December 31st. ValuEngine lowered Campbell Soup from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. Wells Fargo & Co reaffirmed a “hold” rating on shares of Campbell Soup in a research report on Wednesday, January 16th. Finally, Bank of America set a $30.00 target price on Campbell Soup and gave the company a “sell” rating in a research report on Thursday, February 28th. Seven research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $37.67.

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About Campbell Soup

Campbell Soup Company, together with its subsidiaries, manufactures and markets branded food and beverage products. It operates through three segments: Americas Simple Meals and Beverages, Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pastas, beans, and dinner sauces; Swanson canned poultry products; Plum food and snack products; V8 juices and beverages; Campbell's tomato juices; and Pacific broth, soups, non-dairy beverages, and other simple meals.

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

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