QSM Asset Management Ltd Buys 175,600 Shares of Conagra Brands $CAG

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QSM Asset Management Ltd significantly increased its stake in Conagra Brands (NYSE:CAG) by 33.2% in the fourth quarter, purchasing 175,600 additional shares to bring its total holding to 704,805 shares valued at approximately $12.2 million. This move makes Conagra its fifth-largest holding, representing 7.0% of the fund’s portfolio. Despite this institutional buying, analysts currently have a consensus “Reduce” rating on Conagra, with an average price target of $18.29.

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