Northwestern Mutual Wealth Management Co. raised its position in Campbell Soup Company (NYSE:CPB) by 1.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,605 shares of the company’s stock after purchasing an additional 70 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Campbell Soup were worth $240,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Motco increased its stake in Campbell Soup by 301.9% in the second quarter. Motco now owns 2,130 shares of the company’s stock valued at $111,000 after purchasing an additional 1,600 shares in the last quarter. Johnson Financial Group Inc. increased its stake in Campbell Soup by 19.2% in the first quarter. Johnson Financial Group Inc. now owns 2,535 shares of the company’s stock valued at $145,000 after purchasing an additional 408 shares in the last quarter. Van ECK Associates Corp increased its stake in Campbell Soup by 7.0% in the first quarter. Van ECK Associates Corp now owns 3,122 shares of the company’s stock valued at $179,000 after purchasing an additional 204 shares in the last quarter. Mercer Capital Advisers Inc. increased its stake in Campbell Soup by 13.6% in the second quarter. Mercer Capital Advisers Inc. now owns 3,374 shares of the company’s stock valued at $176,000 after purchasing an additional 405 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in Campbell Soup by 6.1% in the second quarter. Victory Capital Management Inc. now owns 3,733 shares of the company’s stock valued at $195,000 after purchasing an additional 213 shares in the last quarter. 44.29% of the stock is owned by hedge funds and other institutional investors.

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Campbell Soup Company (NYSE CPB) opened at 48.07 on Tuesday. Campbell Soup Company has a one year low of $45.30 and a one year high of $64.23. The company’s 50-day moving average is $51.03 and its 200 day moving average is $54.82. The firm has a market cap of $14.57 billion, a PE ratio of 30.35 and a beta of 0.36.

Campbell Soup (NYSE:CPB) last announced its quarterly earnings results on Thursday, August 31st. The company reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.03). The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.69 billion. Campbell Soup had a net margin of 11.24% and a return on equity of 59.84%. The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.46 EPS. Equities analysts anticipate that Campbell Soup Company will post $3.05 earnings per share for the current year.

Several equities research analysts have commented on CPB shares. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $58.00 target price (down previously from $62.50) on shares of Campbell Soup in a research note on Tuesday, May 23rd. Credit Suisse Group reaffirmed a “sell” rating on shares of Campbell Soup in a research note on Wednesday, May 24th. Piper Jaffray Companies started coverage on shares of Campbell Soup in a research note on Wednesday, May 24th. They issued a “neutral” rating and a $59.00 target price for the company. BidaskClub downgraded shares of Campbell Soup from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 24th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a $55.00 target price (down previously from $60.00) on shares of Campbell Soup in a research note on Wednesday, June 28th. Seven investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $52.57.

Campbell Soup Profile

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.

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

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