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Conagra Brands missed earnings expectations, yet saw increased investor stakes and declared a dividend.
Conagra Brands saw several institutional investors adjust their stakes, with XML Financial LLC investing $224,000 and Kennebec Savings Bank putting in $59,000.
The company missed earnings expectations, reporting $0.53 EPS and $2.79 billion in revenue.
Analysts' ratings range from "hold" to "strong-buy," with an average price target of $31.63.
Conagra Brands has also declared a dividend of $0.35 per share.
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Conagra Brands perdió las expectativas de ganancias, pero vio aumentar las participaciones de inversores y declaró un dividendo.