Kroger Company (The) (KR) Sees Significant Growth in Short Interest

Remigio Civitarese
Novembre 15, 2017

Finally, Schwab Charles Investment Management Inc. raised its stake in Kroger Company (The) by 3.3% in the first quarter. Thrivent Financial For Lutherans now owns 33,850 shares of the company's stock valued at $998,000 after buying an additional 1,000 shares during the period. Becker Capital Management Inc. raised its holdings in Kroger Company (The) by 34.2% during the 1st quarter. Cedar Wealth Management LLC now owns 4,990 shares of the company's stock valued at $116,000 after buying an additional 3,040 shares in the last quarter. Cedar Wealth Management LLC grew its holdings in Kroger Company (The) by 155.9% in the 2nd quarter. Parallel Advisors LLC now owns 8,991 shares of the company's stock valued at $264,000 after buying an additional 1,566 shares during the period. As of the end of the quarter Dimensional Fund Advisors Lp had acquired a total of 776,276 shares growing its stake by 27.0%. CWM LLC now owns 5,213 shares of the company's stock valued at $122,000 after buying an additional 4,800 shares in the last quarter. Frontier Investment Mgmt Co. now owns 50,142 shares of the company's stock valued at $1,169,000 after buying an additional 25,940 shares in the last quarter. Institutional investors own 75.06% of the company's stock.

The company is so far trading down by 0.75% since yesterday's close of 22.14. 8,591,300 shares of the stock traded hands, compared to its average volume of 12,088,640. The company has market cap of $19.64 billion. The company has a current ratio of 0.87, a quick ratio of 0.33 and a debt-to-equity ratio of 2.13. Kroger Company has a 52 week low of $19.69 and a 52 week high of $36.44.

Kroger Company (The) (NYSE:KR) last issued its quarterly earnings data on Friday, September 8th. After $0.32 actual EPS reported by MGIC Investment Corp. for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth. For instance, we can check out the profit margin, which tells us about how much of a company's net sales it keeps as earnings. The business had revenue of $27.60 billion during the quarter, compared to analysts' expectations of $27.48 billion.

Having a look at a company's recent Earnings per Share (EPS) performance is a useful way of understanding its profitability.

A number of research firms have recently weighed in on KR.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Great Lakes Limited Liability Corporation invested in 0.07% or 128,328 shares. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.50 dividend on an annualized basis and a yield of 2.26%. Kroger Company (The)'s payout ratio is 30.30%. Deutsche Bank maintained the shares of KR in report on Friday, June 17 with "Buy" rating. Zacks Investment Research upgraded shares of Kroger Company (The) from a "sell" rating to a "hold" rating in a research report on Friday. FBR Capital maintained the shares of MTG in report on Monday, February 13 with "Outperform" rating.

November 3 investment analysts at Wells Fargo & Company held the company rating at "Outperform" with a current price target of $26.00. UBS AG reiterated a "hold" rating and set a $24.00 target price on shares of Kroger Company (The) in a research report on Thursday, October 12th. Meanwhile, the average 12-month price target from Wall Street analysts is now $23.23, this means that the stock is underpriced by 4.95%. Eleven equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, seven equity analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $41.50. Kroger Company (The) has a consensus rating of Hold and an average price target of $29.10.

TRADEMARK VIOLATION NOTICE: This story was published by BBNS and is the sole property of of BBNS.

The company also manufactures and processes food for sale by its supermarkets. The Firm 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.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE