The Kroger Co (KR) Position Decreased by Sheaff Brock Investment Advisors LLC

The Kroger Co (KR) Position Decreased by Sheaff Brock Investment Advisors LLC

Several other large investors also recently made changes to their positions in the stock. Pegasus Partners Ltd. raised its stake in shares of Kroger by 0.5% in the third quarter. Pegasus Partners Ltd. now owns 17,904 shares of the company’s stock valued at $531,000 after buying an additional 91 shares in the last quarter. Vident Investment Advisory LLC raised its stake in shares of Kroger by 0.3% in the fourth quarter. Vident Investment Advisory LLC now owns 42,464 shares of the company’s stock valued at $1,465,000 after buying an additional 113 shares in the last quarter. Point View Wealth Management Inc. increased its stake in shares of Kroger by 0.4% in the third quarter. Point View Wealth Management Inc. now owns 38,537 shares of the company’s stock valued at $1,144,000 after buying an additional 155 shares during the last quarter. Horrell Capital Management Inc. increased its stake in shares of Kroger by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 54,520 shares of the company’s stock valued at $1,608,000 after buying an additional 200 shares during the last quarter. Finally, Cim Investment Mangement Inc. increased its stake in shares of Kroger by 1.1% in the fourth quarter. Cim Investment Mangement Inc. now owns 18,114 shares of the company’s stock valued at $625,000 after buying an additional 203 shares during the last quarter. Hedge funds and other institutional investors own 77.10% of the company’s stock.

Sheaff Brock Investment Advisors LLC lowered its stake in shares of Kroger Co (NYSE:KR) by 44.1% during the first quarter, according to its most recent filing with the SEC. The fund owned 11,806 shares of the company’s stock after selling 9,297 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Kroger were worth $348,000 as of its most recent SEC filing.

Kroger Co (KR) opened at 30.13 on Monday. The company’s 50-day moving average price is $29.53 and its 200-day moving average price is $31.73. The stock has a market cap of $27.55 billion, a PE ratio of 14.70 and a beta of 0.78. Kroger Co has a 12-month low of $28.29 and a 12-month high of $37.97.

Kroger (NYSE:KR) last released its quarterly earnings data on Thursday, March 2nd. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01. The business had revenue of $27.61 billion during the quarter, compared to the consensus estimate of $27.31 billion. Kroger had a return on equity of 31.48% and a net margin of 1.77%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 EPS. On average, equities analysts expect that Kroger Co will post $2.19 EPS for the current fiscal year. The firm also recently declared a quarterly dividend, which was paid on Thursday, June 1st. Investors of record on Monday, May 15th were given a dividend of $0.12 per share. The ex-dividend date was Thursday, May 11th. This represents a $0.48 dividend on an annualized basis and a yield of 1.59%. Kroger’s dividend payout ratio (DPR) is 23.08%.

Kroger (NYSE:KR) last released its quarterly earnings data on Thursday, March 2nd. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.01. The business had revenue of $27.61 billion during the quarter, compared to the consensus estimate of $27.31 billion. Kroger had a return on equity of 31.48% and a net margin of 1.77%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 EPS. On average, equities analysts expect that Kroger Co will post $2.19 EPS for the current fiscal year. A number of equities analysts have issued reports on the company. Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $38.00 price objective (up previously from $36.00) on shares of Kroger in a report on Wednesday, February 22nd. Zacks Investment Research raised Kroger from a “sell” rating to a “hold” rating in a research note on Monday, February 20th. Vetr cut Kroger from a “strong-buy” rating to a “buy” rating and set a $37.30 target price on the stock. in a research note on Monday, February 13th. Barclays PLC reissued an “equal weight” rating and issued a $33.00 target price on shares of Kroger in a research note on Tuesday, February 28th. Finally, Guggenheim reaffirmed a “buy” rating and set a $40.00 price objective on shares of Kroger in a research report on Tuesday, February 28th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Kroger has a consensus rating of “Hold” and an average target price of $36.05.

In related news, insider Christopher T. Hjelm sold 12,139 shares of the company’s stock in a transaction on Wednesday, April 19th. The shares were sold at an average price of $30.00, for a total transaction of $364,170.00. Following the completion of the sale, the insider now directly owns 225,037 shares of the company’s stock, valued at approximately $6,751,110. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Oflen Mary Elizabeth Van sold 8,000 shares of the company’s stock in a transaction dated Friday, April 21st. The shares were sold at an average price of $30.04, for a total transaction of $240,320.00. Following the completion of the transaction, the vice president now directly owns 65,564 shares of the company’s stock, valued at $1,969,542.56. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 74,604 shares of company stock valued at $2,234,714. 0.85% of the stock is owned by corporate insiders. Kroger Company Profile

The Kroger Co (Kroger) manufactures and processes food for sale in its supermarkets. The Company operates supermarkets, multi-department stores, jewelry stores and convenience stores throughout the United States. As of January 28, 2017, it had operated approximately 4,000 owned or leased supermarkets, convenience stores, fine jewelry stores, distribution warehouses and food production plants through divisions, subsidiaries or affiliates.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “KR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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