Kraft Heinz Company (NASDAQ: KHC)

Cornelia Mascio
Mag 17, 2018

Institutional investors own 63.13% of the company's stock. American International Group Inc. grew its position in Kraft Foods by 1,928.1% in the fourth quarter. The company's same-store sales, a key metric for retailers, rose 4.2 percent last quarter as compared to an estimate of 1.4 percent. Gemmer Asset Management LLC now owns 13,361 shares of the company's stock valued at $1,039,000 after acquiring an additional 2,758 shares during the last quarter. Oakworth Capital Inc. increased its position in shares of Kraft Foods by 76.5% during the 4th quarter. Oakworth Capital Inc. now owns 1,742 shares of the company's stock worth $141,000 after buying an additional 755 shares during the period. River Road Asset Management LLC acquired a new position in Kraft Foods in the first quarter worth approximately $52,298,000. Cerebellum GP LLC acquired a new position in shares of Kraft Foods during the fourth quarter worth about $124,000. American National Bank now owns 5,045 shares of the company's stock valued at $392,000 after purchasing an additional 1,305 shares during the last quarter. A company with a high P/E ratio usually indicated positive future performance and investors are willing to pay more for this company's shares.

Shares of KHC opened at $59.29 on Wednesday. Kraft Foods has a fifty-two week low of $59.06 and a fifty-two week high of $59.30. The company has a current ratio of 0.72, a quick ratio of 0.42 and a debt-to-equity ratio of 0.43.

Analysts also use the price-to-earnings (P/E) ratio for stock valuation, which is calculated as market price per share ($59.29) divided by EPS (3.32).

Kraft Foods (NASDAQ:KHC) last posted its quarterly earnings results on Wednesday, May 2nd. EPS is an indicator of company profit because the more earnings a company can generate per share, the more valuable each share is to shareholders. Kraft Foods had a return on equity of 7.06% and a net margin of 42.41%. Kraft Foods's revenue for the quarter was down.3% on a year-over-year basis. equities analysts expect that Kraft Foods will post 3.8 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. It has announcement date May 2, 2018 and record date May 18, 2018. The stock declared an annual dividend of $4.23% per share. Kraft Foods's dividend payout ratio (DPR) is presently 70.42%.

In other news, Director Mackey J. Mcdonald bought 669 shares of the stock in a transaction dated Monday, April 2nd. The stock was purchased at an average cost of $60.27 per share, for a total transaction of $40,320.63. Following the acquisition, the director now directly owns 17,486 shares of the company's stock, valued at approximately $1,053,881.22. The degree to which a PEG ratio value indicates an over or underpriced stock varies by industry and by company type; though a broad rule of thumb is that a PEG ratio below one is desirable.

Several hedge funds have recently added to or reduced their stakes in KHC. With their stock price now trading around $59.04, the firm has proven a solid track record of growth over the past few years. Societe Generale assumed coverage on shares of Kraft Foods in a research report on Thursday, March 15th. Jefferies Group reiterated a "buy" rating and issued a $95.00 price objective on shares of Kraft Foods in a report on Friday, February 16th. On Thursday, May 3 Morgan Stanley maintained the shares of KHC in report with "Overweight" rating. Barclays restated a "buy" rating and issued a $80.00 price target (down from $94.00) on shares of Kraft Foods in a research note on Sunday, February 18th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Rating Scale: 1.0 represent "Strong Buy" and 2.0 signify "Buy" 3.0 while shows "Hold".

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. The Company's products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The firm offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Classico, Plasmon, Pudliszki, Honig, HP, Benedicta, ABC, Master, Quero, Golden Circle, Wattie's, Glucon D, and Complan names.

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