Will Aug 31, 2017 be the day ConAgra Brands, Inc. (NYSE:CAG) makes dividends of $0.21?

July 26, 2017 - By Vivian Currie

 Will Aug 31, 2017 be the day ConAgra Brands, Inc. (NYSE:CAG) makes dividends of $0.21?
Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.10, from 0.97 in 2016Q3. It improved, as 57 investors sold Conagra Brands Inc shares while 203 reduced holdings. 63 funds opened positions while 214 raised stakes. 322.35 million shares or 0.59% more from 320.45 million shares in 2016Q3 were reported.
58,660 are held by Wesbanco Bank. Old Mutual Customised Solutions (Proprietary) Limited, South Africa-based fund reported 6,900 shares. Perkins Coie invested in 800 shares. Moreover, Cornerstone Advsrs has 0.01% invested in Conagra Brands Inc (NYSE:CAG). Bridges Counsel reported 0.12% stake. Fincl Bank Of Ny Mellon has 0.09% invested in Conagra Brands Inc (NYSE:CAG) for 8.30M shares. 280,454 are held by Susquehanna Group Llp. Sasco Ct accumulated 4.74M shares. Farmers Natl Bank stated it has 0.81% in Conagra Brands Inc (NYSE:CAG). Cap Fund Mgmt reported 581,815 shares. Nomura Asset Mgmt Co Ltd holds 0.1% or 146,664 shares in its portfolio. Art Advsr Limited Com holds 0.16% or 66,300 shares. Ancora Advsrs Ltd Limited Liability Company holds 18,780 shares. Td Asset Mngmt holds 1.08 million shares. Adage Cap Prtn Gp Limited Liability Com has 3.86 million shares for 0.42% of their portfolio.

Since March 29, 2017, it had 0 buys, and 1 insider sale for $245,528 activity. MARSHALL RUTH ANN sold $245,528 worth of Conagra Brands Inc (NYSE:CAG) on Wednesday, March 29.

ConAgra Brands, Inc. (NYSE:CAG) is expected to pay $0.21 on Aug 31, 2017. The indicated annual dividend is $0.85. Shareholders owning the stock before Jul 27, 2017 will be eligible to receive the payout. Based on ConAgra Brands, Inc.’s current price of $34.16, the dividend is 0.62 %. This dividend’s record date is Jul 31, 2017 and the announcement date is Jul 21, 2017. The stock increased 0.95% or $0.32 during the last trading session, reaching $34.16. About shares traded. Conagra Brands Inc (NYSE:CAG) has risen 8.39% since July 26, 2016 and is uptrending. It has underperformed by 8.31% the S&P500.

Conagra Brands, Inc., formerly ConAgra Foods, Inc., operates as a packaged food company. The company has market cap of $14.21 billion. The Firm operates through two divisions: Consumer Foods and Commercial Foods. It has a 27.68 P/E ratio. The Firm sells branded and customized food products, as well as commercially branded foods.

Conagra Brands Inc (NYSE:CAG) Ratings Coverage

Among 13 analysts covering ConAgra Foods (NYSE:CAG), 7 have Buy rating, 2 Sell and 4 Hold. Therefore 54% are positive. ConAgra Foods had 32 analyst reports since September 16, 2015 according to SRatingsIntel. On Friday, July 1 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Morgan Stanley maintained the stock with “Buy” rating in Friday, June 23 report. The firm has “Outperform” rating given on Friday, October 14 by RBC Capital Markets. The stock has “Underperform” rating by Bernstein on Tuesday, March 21. The firm has “Hold” rating given on Friday, September 23 by Deutsche Bank. On Wednesday, September 23 the stock rating was upgraded by JP Morgan to “Overweight”. As per Wednesday, November 9, the company rating was reinitiated by JP Morgan. Goldman Sachs initiated Conagra Brands Inc (NYSE:CAG) on Thursday, February 25 with “Neutral” rating. Deutsche Bank maintained the shares of CAG in report on Friday, April 8 with “Hold” rating. The rating was initiated by UBS with “Neutral” on Monday, November 14.

More notable recent Conagra Brands Inc (NYSE:CAG) news were published by: Seekingalpha.com which released: “ConAgra – Fully Valued Packaged Food Transition Play” on July 03, 2017, also Seekingalpha.com with their article: “ConAgra: Where Is The Growth?” published on June 29, 2017, Nasdaq.com published: “Conagra Brands Enters Oversold Territory” on July 05, 2017. More interesting news about Conagra Brands Inc (NYSE:CAG) were released by: Reuters.com and their article: “Conagra Brands quarterly profit jumps 29 pct” published on June 29, 2017 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: RioCan REIT, Conagra Brands and REV Group” with publication date: July 25, 2017.

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