As Campbell Soup Co (CPB) Market Value Declined, Holder Diam Company LTD Has Cut Holding by $574,910; As Rogers (ROG) Stock Price Declined, Laurel Grove Capital Has Lowered Its Position by $377,587

June 14, 2018 - By Marie Mckinney

Rogers Corporation (NYSE:ROG) Logo

Diam Company Ltd decreased its stake in Campbell Soup Co (CPB) by 3.62% based on its latest 2018Q1 regulatory filing with the SEC. Diam Company Ltd sold 13,370 shares as the company’s stock declined 22.02% with the market. The institutional investor held 356,317 shares of the packaged foods company at the end of 2018Q1, valued at $15.43M, down from 369,687 at the end of the previous reported quarter. Diam Company Ltd who had been investing in Campbell Soup Co for a number of months, seems to be less bullish one the $10.97B market cap company. The stock increased 2.82% or $1 during the last trading session, reaching $36.5. About 6.47M shares traded or 57.15% up from the average. Campbell Soup Company (NYSE:CPB) has declined 41.19% since June 14, 2017 and is downtrending. It has underperformed by 53.76% the S&P500. Some Historical CPB News: 18/05/2018 – CAMPBELL SEES FY 2018 NET SALES +10% TO +11%; 18/05/2018 – Campbell Soup CEO Morrison Retires; McLouglin Named Interim CEO; 18/05/2018 – Campbell Soup CDS Widens 8 Bps, Most in 3 Years; 18/05/2018 – CAMPBELL: EXPECT `DOUBLE DIGIT’ INCREASES ON STEEL, ALUMINUM; 18/05/2018 – During an earnings call, Campbell Soup Chief Financial Officer Anthony DiSilvestro points to steel tariffs as possibly hurting the company’s bottom line going forward; 18/05/2018 – CAMPBELL SOUP CO. REPORTS CEO TRANSITION PLAN; 21/03/2018 – Campbell Board Elects Maria Teresa Hilado as Director; 18/05/2018 – Campbell Soup CEO quits abruptly; firm to review portfolio, cuts forecast; 18/05/2018 – Campbell Soup Company Announces CEO Transition Plan; 25/05/2018 – Pepsi to buy fruit and vegetable snack maker Bare Foods

Laurel Grove Capital Llc decreased its stake in Rogers Corp (ROG) by 35.26% based on its latest 2018Q1 regulatory filing with the SEC. Laurel Grove Capital Llc sold 3,173 shares as the company’s stock declined 26.49% with the market. The institutional investor held 5,827 shares of the major chemicals company at the end of 2018Q1, valued at $697,000, down from 9,000 at the end of the previous reported quarter. Laurel Grove Capital Llc who had been investing in Rogers Corp for a number of months, seems to be less bullish one the $2.23 billion market cap company. The stock increased 0.12% or $0.15 during the last trading session, reaching $121.56. About 44,268 shares traded. Rogers Corporation (NYSE:ROG) has risen 9.12% since June 14, 2017 and is uptrending. It has underperformed by 3.45% the S&P500. Some Historical ROG News: 26/04/2018 – ROGERS CORP QTRLY EARNINGS OF $1.40 PER DILUTED SHARE; 26/04/2018 – ROGERS 1Q ADJ EPS $1.48, EST. $1.39; 26/04/2018 – Rogers Corp Sees 2Q EPS $1.10-EPS $1.25

Among 17 analysts covering Campbell Soup (NYSE:CPB), 2 have Buy rating, 8 Sell and 7 Hold. Therefore 12% are positive. Campbell Soup had 64 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, September 4. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, February 21. On Thursday, March 1 the stock rating was downgraded by PiperJaffray to “Underweight”. The firm has “Underweight” rating by Barclays Capital given on Monday, May 21. As per Friday, September 1, the company rating was maintained by RBC Capital Markets. Piper Jaffray maintained Campbell Soup Company (NYSE:CPB) rating on Wednesday, October 11. Piper Jaffray has “Hold” rating and $50.0 target. The company was maintained on Thursday, August 31 by Piper Jaffray. The stock of Campbell Soup Company (NYSE:CPB) has “Overweight” rating given on Tuesday, February 20 by JP Morgan. The firm has “Underperform” rating by Credit Suisse given on Monday, May 21. The firm has “Sector Perform” rating given on Thursday, July 23 by RBC Capital Markets.

Since December 20, 2017, it had 2 buys, and 1 sale for $46,193 activity. Carolan Edward had sold 6,500 shares worth $312,975. Another trade for 4,400 shares valued at $200,351 was bought by Mignini Luca.

Diam Company Ltd, which manages about $44.41 billion US Long portfolio, upped its stake in Aptiv Plc by 82,221 shares to 482,630 shares, valued at $41.01 million in 2018Q1, according to the filing. It also increased its holding in Oneok Inc New (NYSE:OKE) by 11,933 shares in the quarter, for a total of 648,934 shares, and has risen its stake in Gap Inc Del (NYSE:GPS).

Analysts await Campbell Soup Company (NYSE:CPB) to report earnings on August, 30. They expect $0.30 earnings per share, down 42.31% or $0.22 from last year’s $0.52 per share. CPB’s profit will be $90.20 million for 30.42 P/E if the $0.30 EPS becomes a reality. After $0.70 actual earnings per share reported by Campbell Soup Company for the previous quarter, Wall Street now forecasts -57.14% negative EPS growth.

Investors sentiment increased to 1.25 in Q1 2018. Its up 0.19, from 1.06 in 2017Q4. It increased, as 43 investors sold CPB shares while 137 reduced holdings. 64 funds opened positions while 161 raised stakes. 142.87 million shares or 2.90% less from 147.14 million shares in 2017Q4 were reported. The Netherlands-based Shell Asset Mgmt Company has invested 0.02% in Campbell Soup Company (NYSE:CPB). Ledyard Bancshares reported 0.01% in Campbell Soup Company (NYSE:CPB). American Century stated it has 0% in Campbell Soup Company (NYSE:CPB). Dumont & Blake Inv Advsr Lc accumulated 7,120 shares or 0.13% of the stock. Gargoyle Investment Advisor Limited Liability Co, a New Jersey-based fund reported 58,403 shares. Teachers Retirement Sys Of The State Of Kentucky owns 21,200 shares. Stone Ridge Asset Lc holds 0.11% or 42,963 shares. Beutel Goodman & Com Ltd stated it has 2.36M shares. Avalon Advisors Ltd Liability Co holds 217,696 shares. Nomura Asset Management Ltd reported 29,856 shares. M&T Bank Corp invested in 0.02% or 69,923 shares. Hightower Advsrs Limited Company reported 11,573 shares or 0% of all its holdings. Manchester Capital Ltd Liability reported 1,094 shares or 0.01% of all its holdings. Mckinley Carter Wealth Inc holds 360 shares or 0.01% of its portfolio. Exchange has 0.16% invested in Campbell Soup Company (NYSE:CPB).

More notable recent Campbell Soup Company (NYSE:CPB) news were published by: Seekingalpha.com which released: “Campbell Soup: Strong Headwinds Ahead” on June 14, 2018, also Seekingalpha.com with their article: “Chow Down On Campbell’s Souped Up 4% Dividend” published on May 30, 2018, Seekingalpha.com published: “Value In The Soup Giant” on May 16, 2018. More interesting news about Campbell Soup Company (NYSE:CPB) were released by: Seekingalpha.com and their article: “Tariffs weigh on the food/beverage sector” published on May 31, 2018 as well as Seekingalpha.com‘s news article titled: “Campbell Soup: Avoid” with publication date: May 18, 2018.

Analysts await Rogers Corporation (NYSE:ROG) to report earnings on July, 30. They expect $1.33 EPS, 0.00% or $0.00 from last year’s $1.33 per share. ROG’s profit will be $24.43 million for 22.85 P/E if the $1.33 EPS becomes a reality. After $1.48 actual EPS reported by Rogers Corporation for the previous quarter, Wall Street now forecasts -10.14% negative EPS growth.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.19, from 1.09 in 2017Q4. It is negative, as 35 investors sold ROG shares while 82 reduced holdings. 42 funds opened positions while 63 raised stakes. 14.87 million shares or 5.61% less from 15.75 million shares in 2017Q4 were reported. Riverhead Mgmt Ltd Liability Com invested 0.01% in Rogers Corporation (NYSE:ROG). Legal & General Grp Public Limited Company invested in 37,765 shares or 0% of the stock. Icon Advisers Incorporated Commerce reported 0.22% stake. Profund Advisors Ltd Liability Corporation accumulated 3,065 shares or 0.01% of the stock. Utd Services Automobile Association holds 3,157 shares. D E Shaw And Incorporated invested in 0% or 17,992 shares. Sterling Cap Management Limited Liability Company reported 0.03% stake. Moreover, Principal Financial has 0.02% invested in Rogers Corporation (NYSE:ROG) for 152,084 shares. Pier Limited Company holds 0.96% or 47,181 shares. Vanguard reported 1.75 million shares or 0.01% of all its holdings. Renaissance Technologies Ltd Com has invested 0.01% in Rogers Corporation (NYSE:ROG). Manufacturers Life Insurance The has 13,288 shares for 0% of their portfolio. Tower Research Cap Limited Liability Corp (Trc) holds 0.07% or 7,319 shares in its portfolio. Victory holds 0.03% of its portfolio in Rogers Corporation (NYSE:ROG) for 100,417 shares. Ny State Teachers Retirement Systems has invested 0.01% of its portfolio in Rogers Corporation (NYSE:ROG).

Among 4 analysts covering Rogers Corp (NYSE:ROG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rogers Corp had 15 analyst reports since October 2, 2015 according to SRatingsIntel. On Friday, April 28 the stock rating was maintained by Needham with “Buy”. The stock of Rogers Corporation (NYSE:ROG) has “Buy” rating given on Tuesday, September 13 by Needham. The stock of Rogers Corporation (NYSE:ROG) has “Neutral” rating given on Wednesday, November 16 by Sidoti. The firm has “Buy” rating given on Thursday, March 10 by B. Riley & Co. The stock of Rogers Corporation (NYSE:ROG) has “Buy” rating given on Wednesday, April 12 by Sidoti. The rating was maintained by B. Riley & Co on Monday, July 31 with “Buy”. The stock has “Buy” rating by B. Riley & Co on Tuesday, August 15. On Friday, April 27 the stock rating was maintained by B. Riley & Co with “Buy”. Needham maintained Rogers Corporation (NYSE:ROG) on Friday, November 3 with “Buy” rating. The company was maintained on Tuesday, December 19 by Needham.

Since February 20, 2018, it had 0 insider buys, and 7 sales for $2.76 million activity. Another trade for 1,430 shares valued at $222,837 was made by Grudzien Jeffrey M on Tuesday, February 20. $1.03M worth of Rogers Corporation (NYSE:ROG) was sold by Zhang Helen. On Thursday, March 1 the insider GLANDON GARY M sold $132,380. Knoll Jay B also sold $164,725 worth of Rogers Corporation (NYSE:ROG) on Thursday, March 1.

Another recent and important Rogers Corporation (NYSE:ROG) news was published by Tucson.com which published an article titled: “Rogers Corporation Files Patent Infringement Lawsuit” on June 05, 2018.

Rogers Corporation (NYSE:ROG) Institutional Positions Chart

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