Large Outflow of Money Witnessed in Campbell Soup Company

Campbell Soup Company (CPB) During the most recent session, the shares traded at 0.25 points or 0.4% higher at $62.48. The money flow data is unimpressive with the net money flow value of $(-2.41) million. As per the intraday data, the upticks measured $4.29 million and the downticks measured $6.7 million. As a result, the up/down ratio registered a value of 0.64. The shares have seen -0.16% price change for the week.A block trade also made an entry with $0.72 million flowing in through upticks while $3.35 million flew out through downticks. The block tradeoff had the up/down ratio of 0.22. The net money flow for this big transaction was $(-2.63) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Campbell Soup Company has dropped 0.97% in the last five trading days, however, the shares have posted positive gains of 3.94% in the last 4 weeks. Campbell Soup Company is up 15.67% in the last 3-month period. Year-to-Date the stock performance stands at 3.94%. Campbell Soup Company (NYSE:CPB) rose 0.42% or 0.26 points on Wednesday and made its way into the gainers of the day. After trading began at $62.11 the stock was seen hitting $62.78 as a peak level and $62.105 as the lowest level. The stock ended up at $62.49. The daily volume was measured at 1,768,419 shares. The 52-week high of the share price is $67.89 and the 52-week low is $52.585. The company has a market cap of $19,188 million.

Company has reported several Insider transactions to the SEC, on Jan 5, 2017, Carlos Barroso (Senior Vice President) sold 9,130 shares at 60.92 per share price.On Nov 28, 2016, Tracey Thomas Travis (director) sold 2,771 shares at 57.04 per share price.On Oct 4, 2016, Edward Carolan (Senior Vice President) sold 2,400 shares at 54.35 per share price.

Campbell Soup Company Last issued its quarterly earnings results on Nov 22, 2016. The company reported $1.00 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.95. The company had revenue of $2202.00 million for the quarter, compared to analysts expectations of $2197.60 million. During the same quarter in the previous year, the company posted $0.95 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 23, 2017 to Hold, Raises Price Target to $ 62 from a previous price target of $56 .Company shares were Reiterated by RBC Capital Mkts on Nov 28, 2016 to Sector Perform, Raises Price Target to $ 60 from a previous price target of $58 .

Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. The company operates in three business segments: Soup and Sauces, Biscuits and Confectionery, and Away From Home.


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