DekaBank Deutsche Girozentrale lowered its holdings in shares of The Kraft Heinz Firm (NASDAQ:KHC – Free Report) by 4.7% through the third quarter, based on its most up-to-date 13F submitting with the SEC. The fund owned 450,113 shares of the corporate’s inventory after promoting 22,213 shares through the interval. DekaBank Deutsche Girozentrale’s holdings in Kraft Heinz had been value $15,884,000 as of its most up-to-date submitting with the SEC.
Various different institutional buyers additionally lately purchased and offered shares of the enterprise. New Covenant Belief Firm N.A. bought a brand new place in shares of Kraft Heinz through the first quarter value about $27,000. DiNuzzo Personal Wealth Inc. grew its stake in shares of Kraft Heinz by 1,077.0% within the third quarter. DiNuzzo Personal Wealth Inc. now owns 871 shares of the corporate’s inventory valued at $31,000 after buying a further 797 shares over the last quarter. Bangor Financial savings Financial institution acquired a brand new place in shares of Kraft Heinz within the third quarter valued at roughly $32,000. Asset Dedication LLC elevated its holdings in shares of Kraft Heinz by 94.8% within the second quarter. Asset Dedication LLC now owns 978 shares of the corporate’s inventory valued at $32,000 after buying a further 476 shares through the interval. Lastly, Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Kraft Heinz by 221.5% through the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,016 shares of the corporate’s inventory value $36,000 after buying a further 700 shares over the last quarter. 78.17% of the inventory is at the moment owned by institutional buyers and hedge funds.
Insider Transactions at Kraft Heinz
In associated information, insider Cory Onell offered 4,076 shares of the enterprise’s inventory in a transaction that occurred on Friday, August 2nd. The shares had been offered at a median worth of $36.00, for a complete worth of $146,736.00. Following the completion of the sale, the insider now instantly owns 143,970 shares within the firm, valued at roughly $5,182,920. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which will be accessed by means of the SEC web site. Insiders personal 0.32% of the corporate’s inventory.
Analysts Set New Worth Targets
A number of equities analysts have issued studies on KHC shares. Evercore ISI dropped their worth goal on shares of Kraft Heinz from $42.00 to $38.00 and set an “obese” ranking on the inventory in a analysis observe on Wednesday, July thirty first. Deutsche Financial institution Aktiengesellschaft minimize their worth goal on Kraft Heinz from $43.00 to $39.00 and set a “purchase” ranking for the corporate in a analysis observe on Wednesday, July thirty first. Financial institution of America lowered their worth goal on shares of Kraft Heinz from $42.00 to $38.00 and set a “purchase” ranking on the inventory in a analysis observe on Wednesday, July tenth. Barclays lifted their goal worth on shares of Kraft Heinz from $34.00 to $36.00 and gave the inventory an “equal weight” ranking in a analysis report on Thursday, August 1st. Lastly, Wells Fargo & Firm elevated their worth goal on shares of Kraft Heinz from $34.00 to $35.00 and gave the corporate an “equal weight” ranking in a analysis report on Thursday, August 1st. One analyst has rated the inventory with a promote ranking, 5 have assigned a maintain ranking and 6 have given a purchase ranking to the inventory. In keeping with information from MarketBeat.com, the corporate at the moment has a consensus ranking of “Maintain” and a consensus worth goal of $37.58.
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Kraft Heinz Buying and selling Down 0.9 %
Shares of Kraft Heinz inventory opened at $34.80 on Wednesday. The agency has a market cap of $42.26 billion, a PE ratio of 15.20, a P/E/G ratio of three.48 and a beta of 0.49. The corporate has a fast ratio of 0.53, a present ratio of 1.01 and a debt-to-equity ratio of 0.39. The Kraft Heinz Firm has a fifty-two week low of $31.08 and a fifty-two week excessive of $38.96. The enterprise’s fifty day transferring common is $35.27 and its two-hundred day transferring common is $34.87.
Kraft Heinz (NASDAQ:KHC – Get Free Report) final issued its quarterly earnings outcomes on Wednesday, July thirty first. The corporate reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.05. The agency had income of $6.50 billion for the quarter, in comparison with analyst estimates of $6.55 billion. Kraft Heinz had a return on fairness of seven.38% and a internet margin of seven.30%. The agency’s quarterly income was down 3.3% on a year-over-year foundation. Throughout the identical interval final yr, the corporate earned $0.79 EPS. Analysts anticipate that The Kraft Heinz Firm will put up 3.01 earnings per share for the present yr.
Kraft Heinz Firm Profile
The Kraft Heinz Firm, along with its subsidiaries, manufactures and markets meals and beverage merchandise in North America and internationally. Its merchandise embrace condiments and sauces, cheese and dairy merchandise, meals, meats, refreshment drinks, espresso, and different grocery merchandise underneath the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell Home, Kool-Support, Jell-O, Heinz, ABC, Grasp, Quero, Kraft, Golden Circle, Wattie’s, Pudliszki, and Plasmon manufacturers.
Learn Extra
Need to see what different hedge funds are holding KHC? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for The Kraft Heinz Firm (NASDAQ:KHC – Free Report).
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