<div id="readability-page-1"><p>Conagra Brands (NYSE:CAG - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $13.57 and last traded at $13.6050, with a volume of 3426082 shares trading hands. The stock had previously closed at $13.67.</p><div><p><span></span><span>Get <strong>Conagra Brands</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><ul><li>Conagra Stock Yields Nearly 9% After a 60% Decline—Time to Buy?</li></ul><p>CAG has been the subject of several analyst reports. Wells Fargo &amp; Company lowered their target price on Conagra Brands from $15.00 to $14.00 and set an &#34;underweight&#34; rating for the company in a research note on Thursday, April 2nd. The Goldman Sachs Group decreased their price objective on Conagra Brands from $17.00 to $15.00 and set a &#34;sell&#34; rating for the company in a research note on Thursday, April 2nd. UBS Group lowered their price objective on Conagra Brands from $20.00 to $16.00 and set a &#34;neutral&#34; rating for the company in a research report on Thursday, April 2nd. Stifel Nicolaus cut their target price on shares of Conagra Brands from $17.00 to $15.00 and set a &#34;hold&#34; rating on the stock in a research note on Tuesday, April 21st. Finally, BTIG Research started coverage on shares of Conagra Brands in a report on Monday, April 13th. They issued a &#34;neutral&#34; rating on the stock. One research analyst  has rated the stock with a Buy rating, twelve have issued  a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the company  has a consensus rating of &#34;Reduce&#34; and a consensus price target of $15.80.</p><p><b>Read Our Latest Stock Report on Conagra Brands</b></p><h2>Conagra Brands Price Performance</h2><ul><li>5 Under-the-Radar Consumer Staples Stocks With Pricing Power</li></ul><p>The stock has a fifty day simple moving average of $15.37 and a 200-day simple moving average of $16.94. The company has a market capitalization of $6.48 billion and a PE ratio of -135.44. The company has a current ratio of 0.90, a quick ratio of 0.30 and a debt-to-equity ratio of 0.79. </p><p>Conagra Brands (NYSE:CAG - Get Free Report) last released its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.40 by ($0.01). The business had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.76 billion. Conagra Brands had a negative net margin of 0.39% and a positive return on equity of 10.15%. The company's revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.  Equities analysts anticipate that  Conagra Brands will post 1.7 earnings per share for the current year. </p><h2>Conagra Brands Announces Dividend</h2><ul><li>Worried About Mag 7 Concentration Risk? This ETF Could Help</li></ul><p>The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Thursday, April 30th will be issued a $0.35 dividend. The ex-dividend date is Thursday, April 30th. This represents a $1.40 annualized dividend and a dividend yield of 10.3%. Conagra Brands's dividend payout ratio  is presently -1,400.00%. </p><h2>Insider Activity</h2><p>In other Conagra Brands news, Director John J. Mulligan bought 17,500 shares of the business's stock in a transaction dated Tuesday, April 14th. The shares were acquired at an average cost of $14.31 per share, with a total value of $250,425.00. Following the acquisition, the director directly owned 20,728 shares of the company's stock, valued at $296,617.68. The trade was a 542.13% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard H. Lenny acquired 25,000 shares of the company's stock in a transaction on Tuesday, April 14th. The stock was acquired at an average price of $14.34 per share, for a total transaction of $358,500.00. Following the completion of the purchase, the director owned 229,340 shares of the company's stock, valued at $3,288,735.60. This trade represents a 12.23% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own  0.57% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently modified their holdings of CAG. CYBER HORNET ETFs LLC acquired a new stake in shares of  Conagra Brands in the 2nd quarter worth $26,000.  MUFG Securities EMEA plc acquired a new position in shares of  Conagra Brands during the second quarter worth about $29,000.  Harbour Investments Inc. increased its stake in shares of  Conagra Brands by 80.4% during the fourth quarter. Harbour Investments Inc. now owns 1,573 shares of the company's stock worth $27,000 after acquiring an additional 701 shares during the period.  Bell Investment Advisors Inc raised its holdings in  Conagra Brands by 156.9% during the first quarter. Bell Investment Advisors Inc now owns 1,685 shares of the company's stock worth $26,000 after purchasing an additional 1,029 shares in the last quarter.  Finally, Spire Wealth Management lifted its position in  Conagra Brands by 249.0% in the third quarter. Spire Wealth Management now owns 1,724 shares of the company's stock valued at $32,000 after purchasing an additional 1,230 shares during the period. Institutional investors and hedge funds own  83.75% of the company's stock. </p><h2>Conagra Brands Company Profile</h2> (Get Free Report)<p>Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra's product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.  </p><p>Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender's and Banquet in the frozen foods category, as well as Hunt's sauces, Orville Redenbacher's popcorn, Slim Jim meat snacks and Reddi-wip toppings.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Conagra Brands</li><li>Viking Sails to All-Time Highs—Fundamentals Signal More to Come</li><li>Datavalut Gains Traction: 5 Reasons to Sell Now</li><li>TMC Stock: Why This Pre-Revenue Miner Is Worth Watching</li><li>The Power Grid Is Dying—Is It Time to Buy Its Replacement?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Conagra Brands Right Now?</h2><p>Before you consider Conagra Brands, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Conagra Brands wasn't on the list.</p><p>While Conagra Brands currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Conagra Brands (NYSE:CAG) reached a new 52-week low of $13.57, closing at $13.6050 with significant trading volume. Analysts have downgraded the stock, with target prices reduced by Wells Fargo, Goldman Sachs, and UBS. The company reported a quarterly EPS of $0.39, missing estimates, and announced a dividend of $0.35. Insider purchases were noted, and institutional investors have recently adjusted their holdings.</p>

Conagra Brands (NYSE:CAG) Sets New 12-Month Low - What's Next?