Kroger Company (The) (KR) Shares Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale increased its holdings in shares of Kroger Company (The) (NYSE:KR) by 12.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 413,448 shares of the company’s stock after acquiring an additional 45,616 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Kroger Company (The) were worth $9,673,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Savant Capital LLC boosted its position in Kroger Company (The) by 0.9% in the 2nd quarter. Savant Capital LLC now owns 10,617 shares of the company’s stock valued at $248,000 after buying an additional 90 shares during the last quarter. Peapack Gladstone Financial Corp boosted its position in Kroger Company (The) by 1.4% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 11,343 shares of the company’s stock valued at $265,000 after buying an additional 154 shares during the last quarter. Pettyjohn Wood & White Inc. boosted its position in Kroger Company (The) by 0.4% in the 2nd quarter. Pettyjohn Wood & White Inc. now owns 52,201 shares of the company’s stock valued at $1,217,000 after buying an additional 191 shares during the last quarter. Citizens Financial Group Inc RI boosted its position in Kroger Company (The) by 4.3% in the 2nd quarter. Citizens Financial Group Inc RI now owns 6,165 shares of the company’s stock valued at $144,000 after buying an additional 255 shares during the last quarter. Finally, Calamos Wealth Management LLC boosted its position in Kroger Company (The) by 0.8% in the 2nd quarter. Calamos Wealth Management LLC now owns 35,067 shares of the company’s stock valued at $818,000 after buying an additional 275 shares during the last quarter. Institutional investors and hedge funds own 75.06% of the company’s stock.

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Kroger Company (KR) traded up $1.13 during mid-day trading on Friday, reaching $23.41. The company’s stock had a trading volume of 19,582,346 shares, compared to its average volume of 12,111,456. The company has a market cap of $19,820.00, a PE ratio of 11.53, a PEG ratio of 1.70 and a beta of 0.83. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.33 and a current ratio of 0.87. Kroger Company has a 52-week low of $19.69 and a 52-week high of $36.44.

Kroger Company (The) (NYSE:KR) last released its earnings results on Friday, September 8th. The company reported $0.39 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.39. The firm had revenue of $27.60 billion during the quarter, compared to analysts’ expectations of $27.48 billion. Kroger Company (The) had a return on equity of 28.04% and a net margin of 1.32%. The company’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 EPS. equities analysts expect that Kroger Company will post 2 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Tuesday, November 14th. Kroger Company (The)’s payout ratio is 30.30%.

A number of research analysts have commented on KR shares. Northcoast Research upgraded Kroger Company (The) from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Royal Bank Of Canada reiterated an “overweight” rating on shares of Kroger Company (The) in a research report on Thursday, September 7th. BidaskClub upgraded Kroger Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Vetr lowered Kroger Company (The) from a “strong-buy” rating to a “buy” rating and set a $26.26 price objective on the stock. in a research report on Tuesday, July 25th. Finally, Zacks Investment Research upgraded Kroger Company (The) from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Nineteen investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $29.10.

Kroger Company (The) Profile

The Kroger Co (Kroger) manufactures and processes food for sale in its supermarkets. The Company 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.

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Institutional Ownership by Quarter for Kroger Company (The) (NYSE:KR)

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