Fundamentals in Focus for The Kraft Heinz Company (KHC)

Marco Green
September 26, 2017

Other hedge funds and other institutional investors also recently made changes to their positions in the company.

As of quarter end Koshinski Asset Management, Inc. had bought 3,839 shares growing its position 147.1%. Blue Chip Partners Inc. now owns 1,476 shares of the company's stock valued at $134,000 after buying an additional 8 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in The Kraft Heinz during the 1st quarter worth about $136,000. Rockefeller Financial Services Inc. boosted its position in The Kraft Heinz by 240.2% during the 1st quarter. Finally, Reilly Financial Advisors LLC grew its stake in shares of The Kraft Heinz by 9.0% in the 2nd quarter. The fund owned 167,638 shares of the company's stock after selling 6,618 shares during the quarter.

Several brokerages have weighed in on KHC.

The Kraft Heinz Company (NASDAQ:KHC) reported its EPS in the last quarter as $0.86/Share beating the analyst estimate of $0.81/Share by a difference of $0.05.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -12.11%, and has a solid year to date (YTD) performance of -11.22% which means that the stock is constantly adding to its value from the previous fiscal year end price. Susquehanna Bancshares Inc set a $99.00 price objective on The Kraft Heinz and gave the stock a "hold" rating in a report on Tuesday, June 6th.

Recently, In a note revealed to investors on Monday, 18 September, Kraft Heinz (NASDAQ:KHC) shares have had their "Buy" Rating restate by equity analysts at Stifel Nicolaus, who now has a $95.0 price target on firm.

Among 13 analysts covering Kraft Heinz (NASDAQ:KHC), 8 have Buy rating, 0 Sell and 5 Hold. Shares last traded at $77.52 which is slightly below $81.65, the stock's 50 day moving average and which is marginally lower than the 200 day moving average of $81.65. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of United States & global trademark and copyright laws. If you are reading this story on another publication, it was copied illegally and reposted in violation of USA and worldwide trademark and copyright law. Deutsche Bank initiated Kraft Heinz Co (NASDAQ:KHC) on Wednesday, February 15 with "Buy" rating. The 50 day moving average was down $-4.13 whereas the 200 day average was down by -5.06%. The firm has a market capitalization of $94.35 billion, a price-to-earnings ratio of 27.59 and a beta of 0.45. The Kraft Heinz has a one year low of $77.40 and a one year high of $97.77. Note, this compares with a consensus analyst forecast of 0.83 in earnings per share for its next fiscal quarterly report. The Kraft Heinz had a net margin of 14.67% and a return on equity of 7.52%. Over the trailing year, the stock is underperforming the S&P 500 by 29.47, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. During the same period in the prior year, the firm earned $0.85 earnings per share. Equities analysts expect that The Kraft Heinz Company will post $3.24 earnings per share for the current year.

The company declared a dividend that was paid on Fri Sep 15, 2017. Stockholders of record on Friday, August 18th were given a $0.625 dividend. The ex-dividend date was Wednesday, August 16th. This represents a $2.50 annualized dividend and a dividend yield of 3.22%. This is a positive change from The Kraft Heinz's previous quarterly dividend of $0.60. The Kraft Heinz's dividend payout ratio (DPR) is now 79.87%. The Business's brands include Heinz, Kraft, Oscar Mayer, Philadelphia, Planters, Velveeta, Lunchables, Maxwell House, Capri Sun, and Ore-Ida.

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