Thomasville, Georgia headquartered Flowers Foods Inc.'s stock finished last Friday's session 2.18% higher at $15.96. A total volume of 1.23 million shares was traded. The Company's shares have advanced 3.84% in the past month and 7.33% in the previous three months. The stock is trading above its 50-day moving average by 3.59%. Additionally, shares of Flowers Foods, which produces and markets bakery products in the US, have a Relative Strength Index (RSI) of 54.84.
On November 18th, 2016, Flowers Foods announced that its board of directors has declared a quarterly dividend of $0.16 per share, an increase of 10.3% over the same quarter last year. This is the 57th consecutive quarterly dividend paid by the Company and is payable on December 16th, 2016, to shareholders of record on December 02nd, 2016. See our free and comprehensive research report on FLO at:
On Friday, shares in Chicago, Illinois headquartered ConAgra Brands Inc. ended the session 1.45% higher at $37.71. The stock recorded a trading volume of 1.47 million shares. The Company's shares have gained 1.38% in the last one month, 5.80% in the previous three months and 17.56% on an YTD basis. The stock is trading 4.62% above its 50-day moving average and 7.01% above its 200-day moving average. Moreover, shares of ConAgra Brands, which together with its subsidiaries, operates as a food company in North America, have an RSI of 60.38.
On November 14th, 2016, research firm UBS initiated a 'Neutral' rating on the Company's stock, issuing a target price of $36 per share.
As per notes filed with the SEC on November 15th, 2016, as previously reported, on November 09th, 2016, ConAgra Brands, completed the previously announced spinoff of Lamb Weston Holdings, Inc. through a distribution of 100% of the Company's interest in Lamb Weston (approximately 146.0 million shares of common stock) to holders of outstanding shares of the Company's common stock on November 01st, 2016. Pursuant to a Separation and Distribution Agreement, dated as of November 08th, 2016, between the Company and Lamb Weston, the distribution of the Lamb Weston's common stock occurred by way of a pro rata dividend to the Company's stockholders. Each holder of outstanding shares of the Company's common stock received one share of Lamb Weston's common stock for every three shares of the Company's common stock held as of the Record Date and cash in lieu of any fractional shares of Lamb Weston's common stock. CAG free research report PDF is just a click away at:
New Jersey headquartered Campbell Soup Co.'s stock gained 1.23%, closing the session at $57.52 with a total trading volume of 1.22 million shares. The Company's shares have gained 7.19% in the last one month and 11.90% on an YTD basis. The stock is trading 6.12% above its 50-day moving average. Additionally, shares of Campbell Soup, which together with its subsidiaries, manufactures and markets food and beverage products, have an RSI of 66.53.
On November 22nd, 2016, Campbell Soup reported earnings of $0.94 per share in Q1 FY17 compared to earnings of $0.62 in Q1 FY16. The Company's sales of $2.202 billion in the reported quarter were comparable to Q1 FY16 sales of $2.203 billion. Gross margin increased from 34.3% in Q1 FY16 to 38.2% in Q1 FY17. Sign up for your complimentary report on CPB at:
On Friday, shares in Charlotte, North Carolina headquartered Snyder's-Lance Inc. recorded a trading volume of 134,461 shares. The stock ended the day 1.23% higher at $37.87. The Company's shares have advanced 6.09% in the past month, 6.36% over the previous three months, and 12.56% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.83% and 14.72%, respectively. Furthermore, shares of Snyder's-Lance, which manufactures, distributes, markets, and sells snack food products in the US, have an RSI of 66.73.
On November 07th, 2016, Snyder's-Lance reported that total net revenue in Q3 2016 surged 41.3% and included the contribution of Diamond Foods. GAAP net income attributed to Snyder's-Lance increased to $29.3 million, or $0.30 per diluted share, in the Q3 2016 compared to $15.7 million, or $0.22 per diluted share, in Q3 2015. Register for free on Stock-Callers.com and download the latest research report on LNCE at:
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