Sumitomo Mitsui Trust Holdings Decreased Comcast (CMCSA) Position By $12.72 Million; Ratan Capital Management LP Has Trimmed Its Conagra Brands (CAG) Stake

June 20, 2017 - By Clifton Ray

Ratan Capital Management Lp decreased Conagra Brands Inc (CAG) stake by 29.45% reported in 2016Q4 SEC filing. Ratan Capital Management Lp sold 106,176 shares as Conagra Brands Inc (CAG)’s stock declined 4.77%. The Ratan Capital Management Lp holds 254,350 shares with $10.06M value, down from 360,526 last quarter. Conagra Brands Inc now has $15.46B valuation. The stock decreased 1.29% or $0.49 during the last trading session, reaching $37.52. About shares traded. Conagra Brands Inc (NYSE:CAG) has risen 8.39% since June 20, 2016 and is uptrending. It has underperformed by 8.31% the S&P500.

Sumitomo Mitsui Trust Holdings Inc decreased Comcast Corp (CMCSA) stake by 2.51% reported in 2016Q4 SEC filing. Sumitomo Mitsui Trust Holdings Inc sold 184,315 shares as Comcast Corp (CMCSA)’s stock rose 3.16%. The Sumitomo Mitsui Trust Holdings Inc holds 7.17 million shares with $494.91M value, down from 7.35 million last quarter. Comcast Corp now has $197.49 billion valuation. The stock increased 1.26% or $0.52 during the last trading session, reaching $41.8. About shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since June 20, 2016 and is uptrending. It has outperformed by 12.26% the S&P500.

Since January 5, 2017, it had 0 buys, and 2 insider sales for $374,265 activity. GREGOR JOIE A sold 3,300 shares worth $128,737. 6,046 Conagra Brands Inc (NYSE:CAG) shares with value of $245,528 were sold by MARSHALL RUTH ANN.

Investors sentiment increased to 1.07 in Q4 2016. Its up 0.10, from 0.97 in 2016Q3. It improved, as 57 investors sold CAG 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. Meiji Yasuda Life Com invested 0.04% in Conagra Brands Inc (NYSE:CAG). Sigma Planning Corp owns 6,774 shares. Hap Trading Ltd stated it has 558,611 shares or 1.11% of all its holdings. Renaissance Lc has invested 0.02% in Conagra Brands Inc (NYSE:CAG). Johnson Investment Counsel has 0.01% invested in Conagra Brands Inc (NYSE:CAG). Moneta Group Incorporated Investment Advisors Llc owns 20,679 shares. Palestra Capital Mngmt Lc reported 2.07% of its portfolio in Conagra Brands Inc (NYSE:CAG). Private Tru Na owns 39,889 shares for 0.38% of their portfolio. Dixon Hubard Feinour & Brown Va owns 0.38% invested in Conagra Brands Inc (NYSE:CAG) for 30,260 shares. Fulton Bankshares Na has 8,770 shares for 0.03% of their portfolio. Janney Montgomery Scott Ltd Liability Corp, a Pennsylvania-based fund reported 124,900 shares. Clear Harbor Asset Management Limited Liability Com reported 35,292 shares or 0.29% of all its holdings. Exane Derivatives owns 613 shares for 0% of their portfolio. Amica Retiree Med Trust owns 2,989 shares or 0.09% of their US portfolio. Massmutual Fsb Adv invested 0% of its portfolio in Conagra Brands Inc (NYSE:CAG).

Among 13 analysts covering ConAgra Foods (NYSE:CAG), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. ConAgra Foods had 26 analyst reports since September 16, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Friday, April 8. Deutsche Bank maintained the stock with “Hold” rating in Friday, September 23 report. UBS initiated the stock with “Neutral” rating in Monday, November 14 report. Deutsche Bank initiated Conagra Brands Inc (NYSE:CAG) on Wednesday, February 15 with “Buy” rating. JP Morgan reinitiated it with “Overweight” rating and $55 target in Wednesday, November 9 report. On Wednesday, September 23 the stock rating was upgraded by JP Morgan to “Overweight”. The firm earned “Hold” rating on Friday, September 25 by Deutsche Bank. As per Friday, June 16, the company rating was maintained by Jefferies. The stock of Conagra Brands Inc (NYSE:CAG) has “Sector Perform” rating given on Friday, July 1 by RBC Capital Markets. The company was upgraded on Friday, October 14 by RBC Capital Markets.

Analysts await Conagra Brands Inc (NYSE:CAG) to report earnings on June, 29. They expect $0.38 earnings per share, down 26.92% or $0.14 from last year’s $0.52 per share. CAG’s profit will be $156.58 million for 24.68 P/E if the $0.38 EPS becomes a reality. After $0.48 actual earnings per share reported by Conagra Brands Inc for the previous quarter, Wall Street now forecasts -20.83% negative EPS growth.

Among 21 analysts covering Comcast Corporation (NASDAQ:CMCSA), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Comcast Corporation had 42 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by HSBC on Thursday, January 19. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Piper Jaffray on Tuesday, May 30. The firm has “Buy” rating given on Wednesday, May 4 by Goldman Sachs. On Friday, January 27 the stock rating was downgraded by Pacific Crest to “Sector Weight”. Macquarie Research maintained the shares of CMCSA in report on Monday, January 4 with “Neutral” rating. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Outperform” rating by Macquarie Research on Monday, October 24. RBC Capital Markets maintained Comcast Corporation (NASDAQ:CMCSA) rating on Thursday, April 28. RBC Capital Markets has “Outperform” rating and $70 target. The firm earned “Buy” rating on Tuesday, December 8 by Nomura. RBC Capital Markets maintained the shares of CMCSA in report on Tuesday, January 31 with “Outperform” rating. The firm has “Buy” rating by Pivotal Research given on Tuesday, September 27.

Sumitomo Mitsui Trust Holdings Inc increased Regency Centers Corp (NYSE:REG) stake by 31,289 shares to 367,900 valued at $25.37M in 2016Q4. It also upped Ross Stores Inc (NASDAQ:ROST) stake by 83,768 shares and now owns 1.28M shares. Corporate Office Properties (NYSE:OFC) was raised too.

Analysts await Comcast Corporation (NASDAQ:CMCSA) to report earnings on July, 26. They expect $0.47 earnings per share, up 14.63% or $0.06 from last year’s $0.41 per share. CMCSA’s profit will be $2.22 billion for 22.23 P/E if the $0.47 EPS becomes a reality. After $0.53 actual earnings per share reported by Comcast Corporation for the previous quarter, Wall Street now forecasts -11.32% negative EPS growth.

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