Arkadios Wealth Advisors Has $2.32 Million Position in Conagra Brands (NYSE:CAG)\n\nKey Points\n* Arkadios Wealth Advisors increased its stake in Conagra Brands by **62.8%** in Q1, bringing its holdings to **$2.32 million** worth of shares.\n* Conagra Brands reported a **miss on earnings** per share, at $0.56 compared to the consensus estimate of $0.61, with quarterly revenue down **4.3%** year-over-year.\n* The company announced a quarterly dividend of **$0.35** per share, translating to an annualized yield of **7.7%**.\n\nArkadios Wealth Advisors increased its stake in shares of Conagra Brands ( - ) by 62.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 86,892 shares of the company's stock after purchasing an additional 33,523 shares during the quarter. Arkadios Wealth Advisors' holdings in Conagra Brands were worth $2,317,000 as of its most recent filing with the SEC. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business.\n\nConagra Brands Stock Down 1.4% opened at $18.27 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.24 and a debt-to-equity ratio of 0.70. The stock has a market cap of $8.72 billion, a PE ratio of 7.64, a price-to-earnings-growth ratio of 1.77 and a beta of 0.11. The stock's fifty day simple moving average is $20.87 and its 200 day simple moving average is $23.69. Conagra Brands has a 1-year low of $18.18 and a 1-year high of $33.24.\n\nConagra Brands ( - ) last posted its quarterly earnings data on Thursday, July 10th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.05). Conagra Brands had a return on equity of 12.52% and a net margin of 9.92%. The firm had revenue of $2,781,800 billion for the quarter, compared to the consensus estimate of $2.88 billion. During the same quarter in the previous year, the business earned $0.61 EPS. The firm's quarterly revenue was down 4.3% on a year-over-year basis.\n\nConagra Brands Announces Dividend\nThe firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Wednesday, July 30th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, July 30th. This represents a $1.40 annualized dividend and a yield of 7.7%. Conagra Brands's dividend payout ratio (DPR) is 58.58%.\n\nConagra Brands Company Profile ()\nConagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.

Arkadios Wealth Advisors Has $2.32 Million Position in Conagra Brands (NYSE:CAG)

Arkadios Wealth Advisors increased its stake in Conagra Brands by 62.8% in Q1, bringing holdings to $2.32 million. Conagra Brands missed earnings estimates, reported lower revenue, and announced a quarterly dividend of $0.35 per share with a 7.7% annualized yield.