The Kraft Heinz Company (NASDAQ:KHC) Shares Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. boosted its stake in The Kraft Heinz Company (NASDAQ:KHC) by 458.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,106 shares of the company’s stock after buying an additional 52,632 shares during the period. Landscape Capital Management L.L.C.’s holdings in Kraft Heinz were worth $1,969,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in KHC. Public Sector Pension Investment Board increased its stake in Kraft Heinz by 138.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 34,751 shares of the company’s stock worth $1,220,000 after purchasing an additional 20,200 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Kraft Heinz by 3,129.1% during the third quarter. Benjamin Edwards Inc. now owns 12,109 shares of the company’s stock valued at $425,000 after acquiring an additional 11,734 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of Kraft Heinz by 72.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 42,941 shares of the company’s stock valued at $1,508,000 after acquiring an additional 17,973 shares in the last quarter. IHT Wealth Management LLC purchased a new position in Kraft Heinz during the 3rd quarter worth approximately $238,000. Finally, Quantinno Capital Management LP lifted its holdings in shares of Kraft Heinz by 88.3% in the third quarter. Quantinno Capital Management LP now owns 157,152 shares of the company’s stock valued at $5,518,000 after purchasing an additional 73,684 shares in the last quarter. 78.17% of the stock is currently owned by institutional investors and hedge funds.

Kraft Heinz Price Performance

Shares of KHC stock opened at $29.68 on Friday. The Kraft Heinz Company has a 12 month low of $27.25 and a 12 month high of $38.96. The company has a market capitalization of $35.42 billion, a P/E ratio of 13.13, a P/E/G ratio of 3.39 and a beta of 0.44. The stock has a 50 day moving average of $30.09 and a two-hundred day moving average of $31.56. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.39.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, February 12th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. Kraft Heinz had a return on equity of 7.58% and a net margin of 10.62%. As a group, equities analysts expect that The Kraft Heinz Company will post 2.68 EPS for the current year.

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 7th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date was Friday, March 7th. Kraft Heinz’s payout ratio is 70.80%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on KHC. Stifel Nicolaus lowered their price target on Kraft Heinz from $32.00 to $31.00 and set a “hold” rating on the stock in a report on Thursday, February 13th. StockNews.com raised shares of Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Wednesday, March 12th. The Goldman Sachs Group lowered their price target on shares of Kraft Heinz from $32.00 to $28.00 and set a “sell” rating on the stock in a report on Thursday, February 13th. Evercore ISI restated an “in-line” rating and issued a $35.00 price objective (down previously from $38.00) on shares of Kraft Heinz in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Kraft Heinz from $32.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday, February 13th. Four investment analysts have rated the stock with a sell rating and twelve have given a hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $30.67.

Kraft Heinz Company Profile

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.