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CWA Asset Management Group LLC Takes $2.72 Million Position in Conagra Brands $CAG
CWA Asset Management Group LLC has acquired a new position in Conagra Brands, purchasing 156,915 shares valued at approximately $2.72 million in the fourth quarter. This move comes as Conagra Brands faces weak analyst sentiment, with an average “Reduce” rating and several firms cutting price targets, and its stock trading near a 12-month low with a negative P/E ratio. The company recently reported a slight EPS beat but a 6.8% year-over-year revenue decline.