Raiffeisen Bank International AG reduced its stake in The Campbell's Company by 2.6% in Q1, now owning over 1.14 million shares valued at approximately $45.3 million. Equities analysts have lowered their price targets for Campbell's, with DA Davidson and Bank of America setting targets at $34.00 and $33.00 respectively, reflecting a cautious outlook. The company's most recent quarterly earnings report showed earnings per share of $0.73, exceeding estimates and a revenue of $2.48 billion, indicating a year-over-year growth of 4.5%. Raiffeisen Bank International AG cut its holdings in shares of The Campbell's Company during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,140,161 shares of the company's stock after selling 30,000 shares during the period. Raiffeisen Bank International AG owned 0.38% of Campbell's worth $45,287,000 at the end of the most recent quarter. A number of other large investors have also made changes to their positions in the business. Blair William & Co. IL increased its position in shares of Campbell's by 1.9% in the 1st quarter. Blair William & Co. IL now owns 43,260 shares of the company's stock valued at $1,727,000 after acquiring an additional 787 shares during the period. Manchester Capital Management LLC increased its position in shares of Campbell's by 923.2% in the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock valued at $28,000 after acquiring an additional 637 shares during the period. Scotia Capital Inc. increased its position in shares of Campbell's by 1.1% in the 1st quarter. Scotia Capital Inc. now owns 46,705 shares of the company's stock valued at $1,864,000 after acquiring an additional 520 shares during the period. US Bancorp DE increased its position in shares of Campbell's by 52.1% in the 1st quarter. US Bancorp DE now owns 42,680 shares of the company's stock valued at $1,704,000 after acquiring an additional 14,612 shares during the period. Finally, Harbour Investments Inc. increased its position in shares of Campbell's by 476.5% in the 1st quarter. Harbour Investments Inc. now owns 6,981 shares of the company's stock valued at $279,000 after acquiring an additional 5,770 shares during the period. 52.35% of the stock is owned by institutional investors and hedge funds. Several equities research analysts have commented on the stock. DA Davidson lowered their price target on shares of Campbell's from $39.00 to $34.00 and set a \"neutral\" rating on the stock in a report on Monday, June 9th. Bank of America lowered their price target on shares of Campbell's from $37.00 to $33.00 and set an \"underperform\" rating on the stock in a report on Tuesday, June 3rd. Argus lowered shares of Campbell's from a \"buy\" rating to a \"hold\" rating in a report on Friday, June 20th. Royal Bank Of Canada lowered their price target on shares of Campbell's from $44.00 to $38.00 and set a \"sector perform\" rating on the stock in a report on Tuesday, June 3rd. Finally, Stifel Nicolaus lowered their price target on shares of Campbell's from $38.00 to $34.00 and set a \"hold\" rating on the stock in a report on Tuesday, July 29th. Five investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Campbell's presently has an average rating of \"Hold\" and a consensus price target of $39.11. Campbell's Trading Up 1.3% Shares of opened at $32.33 on Friday. The firm has a market capitalization of $9.64 billion, a PE ratio of 21.41, a P/E/G ratio of 9.44 and a beta of 0.08. The Campbell's Company has a twelve month low of $29.39 and a twelve month high of $52.81. The firm's 50-day moving average price is $32.29 and its 200 day moving average price is $36.04. The company has a current ratio of 0.78, a quick ratio of 0.33 and a debt-to-equity ratio of 1.57. Campbell's last released its quarterly earnings data on Monday, June 2nd. The company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.65 by $0.08. The company had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. Campbell's had a net margin of 4.44% and a return on equity of 23.22%. Campbell's's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. On average, sell-side analysts predict that The Campbell's Company will post 3.15 EPS for the current fiscal year. Campbell's Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 4th. Shareholders of record on Thursday, July 3rd will be issued a $0.39 dividend. The ex-dividend date is Thursday, July 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 4.8%. Campbell's's dividend payout ratio is presently 103.31%. The Campbell's Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.

The Campbell's Company (NASDAQ:CPB) Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG reduced its stake in The Campbell's Company by 2.6% in Q1, while other institutional investors adjusted their positions. Analysts lowered price targets, and the company reported strong quarterly earnings, including a 4.5% year-over-year revenue growth. Campbell's also announced a dividend payout.