The Kraft Heinz Company (KHC) Shares Sold by Wrapmanager Inc
Feb 17 2017 by Johnny Bowman
Several other research firms also recently weighed in on KHC. The company had a trading volume of 10,571,918 shares. The Company's products are sold through its own sales organizations and through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors and institutions. American International Group Inc. raised its stake in The Kraft Heinz Company by 1.4% in the third quarter. CWM LLC now owns 1,367 shares of the company's stock valued at $122,000 after buying an additional 246 shares in the last quarter. Enterprise Financial Services Corp now owns 1,280 shares of the company's stock valued at $113,000 after buying an additional 100 shares during the period. FMR LLC raised its stake in Kraft Heinz by 38.6% in the second quarter. BB&T Corp now owns 179,104 shares of the company's stock valued at $15,848,000 after buying an additional 5,659 shares in the last quarter.
The Kraft Heinz Company (NASDAQ:KHC) shows its Return on Assets (ROA) value of 2.3 percent, while the Return on Equity (ROE) value is 4.8 percent and Return on Investment (ROI) value stands at 2.7 percent. Kraft Heinz Co. The company has a 50 day moving average of $83.62 and a 200 day moving average of $86.77. The company has the market capitalization of $2.87 Billion. The Kraft Heinz Company has a 52 week low of $71.02 and a 52 week high of $91.30.
The Kraft Heinz Company (NASDAQ:KHC) last posted its earnings results on Wednesday, February 15th. Full-year sales of $26.49 billion were up about 44% year-over-year, while earnings per share rose to $2.81 from a loss of 34 cents, beating the consensus estimate of 88 cents per share. The business had revenue of $6.86 billion for the quarter, compared to analysts' expectations of $6.73 billion. Kraft Heinz had a net margin of 10.44% and a return on equity of 6.40%. The reported EPS for the same quarter a year ago was $0.62. On average, equities analysts anticipate that The Kraft Heinz Company will post $3.24 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 17th. Shareholders of record on Friday, December 2nd were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Wednesday, March 1st. The Kraft Heinz Company's dividend payout ratio is presently 105.26%.
This article was posted by [[site]] and is the property of of [[site]]. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of USA & worldwide copyright and trademark laws. The legal version of this article can be accessed at [[permalink]]. Susquehanna advised their Clients and Investors in a research report released on Feb 16, 2017. Vetr upgraded shares of The Kraft Heinz Company from a "sell" rating to a "hold" rating and set a $91.36 price objective on the stock in a research note on Thursday. On 15-Feb-17 Deutsche Bank Initiated The Kraft Heinz Company Stock to Buy.
Kraft Heinz Co (NASDAQ:KHC) reported higher-than-expected profit on Thursday, as a decrease in costs helped boost top-line growth.
5 analysts rated the stock of Capital One Financial Corporation (NYSE:COF) as "STRONG BUY", 7 rated as "BUY" and 14 issued a "HOLD" rating. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 1 analyst of Thomson Reuters, 3 analysts given HOLD rating to the stock.
The Kraft Heinz Company is a food and beverage company.
Moreover, KHC's investments in the core categories such as sauces worldwide including pasta sauce in Canada and Latin America, green cheese and mac & cheese in the United States, UK beans, baby food in Italy, and in Australia, beverage has led to the better market share trends over the course of the year. The Company conducts its operations through major terminals positioned near major freight centers and traffic lanes in the United States and Mexico.