30 August, 2017
The stock has "Hold" rating by Cleveland on Tuesday, August 23. The Company operates supermarkets, multi-department stores, jewelry stores and convenience stores throughout the United States. The days to cover increased to 6.0 and the short interest percentage is 0.06% as of August 15. About shares traded. Kroger Co (NYSE:KR) has declined 16.08% since August 29, 2016 and is downtrending. It has underperformed by 32.78% the S&P500. Scout Investments Incorporated owns 599,586 shares. Kroger Co (The) now has $19.49B valuation. Insiders own 0.87% of the company's stock. About 5.63 million shares traded. Braskem SA (ADR) (NYSE:BAK) has risen 73.46% since August 29, 2016 and is uptrending. It has outperformed by 31.44% the S&P500. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Therefore 21% are positive. Kroger had 79 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Thursday, September 17 by Deutsche Bank.
On June 16 the stock rating was downgraded to "Market Perform" from "Overweight" in a statement from JP Morgan. Oppenheimer maintained the shares of KR in report on Wednesday, August 24 with "Outperform" rating.
Kroger Company (The) announced that its board has initiated a stock buyback program on Thursday, June 22nd that authorizes the company to repurchase $1.00 billion in outstanding shares. Finally, Wells Fargo & Company reissued a buy rating and issued a $28.00 price objective (down previously from $35.00) on shares of Kroger Company (The) in a research note on Monday, June 12th. The firm has "Neutral" rating by PiperJaffray given on Wednesday, December 14. The firm has "Neutral" rating given on Tuesday, May 3 by SunTrust. The dividend payment will be $0.125 per share for the quarter which comes to $0.50 on an annualized basis. The Pillar Pacific Capital Management Llc holds 190,659 shares with $6.58 million value, up from 175,113 last quarter. (NYSE:WWW). First Personal Svcs holds 521 shares. Credit Agricole S A stated it has 1.42 million shares or 0.16% of all its holdings. FMR LLC now owns 49,409,616 shares of the company's stock valued at $1,152,232,000 after buying an additional 7,446,349 shares during the last quarter. The Michigan-based Comerica Bank & Trust has invested 0.04% in Wolverine World Wide, Inc. Point72 Asia (Hong Kong) Ltd has 0% invested in INC Research Holdings Inc (NASDAQ:INCR) for 85 shares. Covington Management owns 9,475 shares or 0.03% of their United States portfolio. The shares were bought at an average cost of $22.73 per share, with a total value of $45,460.00.
Timber Hill Llc decreased Schlumberger Ltd (Put) stake by 453,000 shares to 211,600 valued at $17.76M in 2016Q4. Caterpillar Inc (NYSE:CAT) was raised too.
Investors sentiment decreased to 0.76 in 2016 Q4. Its up 0.01, from 0.92 in 2016Q3. On average, equities analysts anticipate that Kroger Company will post $1.98 earnings per share for the current fiscal year.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Pennsylvania Tru Co, a Pennsylvania-based fund reported 6,190 shares. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 69,201,771 shares of the stock are valued at $1.5 billion. Henderson Gru Public Lc has invested 0.03% of its portfolio in Kroger Co (NYSE:KR). Guggenheim Cap Ltd invested in 0.19% or 1.92M shares. Texas Permanent School Fund has 0.13% invested in Kroger Co (NYSE:KR) for 282,839 shares. Alliancebernstein Limited Partnership has 0.59% invested in Kroger Co (NYSE:KR).
The Kroger Co. shares decreased -4.9 percent over the past week and fell -9.23 percent over the previous month. Sumitomo Mitsui Asset Management Limited holds 68,253 shares.
WARNING: "Jefferies Group LLC Reaffirms Hold Rating for Kroger Company (The) (KR)" was reported by BBNS and is the sole property of of BBNS. 129,159 are held by Mason Street Advsr Ltd Liability. Wellington Mngmt Llp stated it has 0.03% in Kroger Co (NYSE:KR). The stock was sold at an average price of $21.17, for a total transaction of $131,254.00. Exxonmobil Mgmt Tx stated it has 218,544 shares.
Since March 3, 2017, it had 0 insider purchases, and 6 insider sales for $1.90 million activity. Another trade for 11,000 shares valued at $324,832 was sold by Foley Todd A. SARGENT RONALD also sold $131,057 worth of Kroger Co (NYSE:KR) shares.
Eaton Vance Management increased Grace W R & Co Del New Com (NYSE:GRA) stake by 7,398 shares to 50,110 valued at $3.39M in 2016Q4.
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