Aurora Investment Counsel bought a new stake in Kroger Co (NYSE:KR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 57,694 shares of the company’s stock, valued at approximately $1,584,000.
Other institutional investors have also recently bought and sold shares of the company. Howe & Rusling Inc. acquired a new stake in shares of Kroger in the third quarter valued at about $103,000. Mountain Capital Investment Advisors Inc acquired a new stake in shares of Kroger in the second quarter valued at about $128,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Kroger by 85.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,888 shares of the company’s stock valued at $137,000 after buying an additional 2,708 shares during the period. Archford Capital Strategies LLC increased its stake in shares of Kroger by 38,135.3% in the second quarter. Archford Capital Strategies LLC now owns 13,000 shares of the company’s stock valued at $139,000 after buying an additional 12,966 shares during the period. Finally, Citizens Financial Group Inc RI increased its stake in shares of Kroger by 4.3% in the second 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 period. Hedge funds and other institutional investors own 79.59% of the company’s stock.
In other news, VP Carin L. Fike sold 1,538 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $25.61, for a total value of $39,388.18. Following the transaction, the vice president now owns 25,956 shares in the company, valued at $664,733.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Michael Joseph Donnelly sold 15,400 shares of the firm’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $27.66, for a total value of $425,964.00. The disclosure for this sale can be found here. Insiders sold 58,868 shares of company stock valued at $1,607,426 in the last three months. Insiders own 0.85% of the company’s stock.
Shares of Kroger Co (NYSE KR) opened at $26.98 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.85 and a debt-to-equity ratio of 2.11. Kroger Co has a one year low of $19.69 and a one year high of $34.99. The company has a market capitalization of $24,545.93, a P/E ratio of 16.06, a price-to-earnings-growth ratio of 3.67 and a beta of 0.91.
Kroger (NYSE:KR) last announced its quarterly earnings data on Thursday, November 30th. The company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.04. Kroger had a return on equity of 28.60% and a net margin of 1.31%. The firm had revenue of $27.75 billion during the quarter, compared to analysts’ expectations of $27.48 billion. During the same quarter last year, the firm posted $0.41 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. equities research analysts expect that Kroger Co will post 2.03 EPS for the current fiscal year.
Several equities research analysts have recently weighed in on the company. ValuEngine cut Kroger from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Zacks Investment Research raised Kroger from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Tuesday. TheStreet raised Kroger from a “c+” rating to a “b” rating in a research note on Wednesday, December 27th. Pivotal Research set a $30.00 target price on Kroger and gave the stock a “buy” rating in a research note on Saturday, December 2nd. Finally, Oppenheimer reaffirmed a “hold” rating and set a $22.00 target price on shares of Kroger in a research note on Wednesday, October 4th. Eighteen research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $29.19.
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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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