Measured Risk Portfolios Inc. Buys 6,524 Shares of Kraft Heinz Company $KHC

Measured Risk Portfolios Inc. increased its stake in shares of Kraft Heinz Company (NASDAQ:KHC) by 10.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,836 shares of the company’s stock after acquiring an additional 6,524 shares during the period. Kraft Heinz comprises approximately 1.8% of Measured Risk Portfolios Inc.’s investment portfolio, making the stock its 23rd largest holding. Measured Risk Portfolios Inc.’s holdings in Kraft Heinz were worth $1,855,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of KHC. GAMMA Investing LLC raised its holdings in Kraft Heinz by 3,799.2% during the first quarter. GAMMA Investing LLC now owns 480,611 shares of the company’s stock worth $15,794,000 after acquiring an additional 468,285 shares in the last quarter. NBC Securities Inc. raised its stake in Kraft Heinz by 113,083.3% in the first quarter. NBC Securities Inc. now owns 6,791 shares of the company’s stock valued at $206,000 after buying an additional 6,785 shares during the period. Merit Financial Group LLC raised its stake in Kraft Heinz by 16.1% in the first quarter. Merit Financial Group LLC now owns 14,596 shares of the company’s stock valued at $444,000 after buying an additional 2,023 shares during the period. Procyon Advisors LLC bought a new stake in Kraft Heinz in the first quarter valued at approximately $451,000. Finally, SeaCrest Wealth Management LLC raised its stake in Kraft Heinz by 9.2% in the first quarter. SeaCrest Wealth Management LLC now owns 8,059 shares of the company’s stock valued at $245,000 after buying an additional 676 shares during the period. Institutional investors own 78.17% of the company’s stock.

Kraft Heinz Trading Down 0.0%

Shares of NASDAQ:KHC opened at $26.06 on Friday. The business’s 50 day simple moving average is $27.02 and its 200 day simple moving average is $27.56. The company has a market capitalization of $30.84 billion, a P/E ratio of -5.80, a P/E/G ratio of 3.04 and a beta of 0.16. Kraft Heinz Company has a 1 year low of $25.35 and a 1 year high of $36.31. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.07 and a quick ratio of 0.66.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, July 30th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.05. The firm had revenue of $6.35 billion for the quarter, compared to the consensus estimate of $6.26 billion. Kraft Heinz had a positive return on equity of 7.40% and a negative net margin of 20.83%.The company’s revenue was down 1.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.78 EPS. Kraft Heinz has set its FY 2025 guidance at 2.510-2.670 EPS. On average, research analysts anticipate that Kraft Heinz Company will post 2.68 EPS for the current fiscal year.

Kraft Heinz Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, August 29th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.1%. Kraft Heinz’s dividend payout ratio (DPR) is -35.63%.

Insider Buying and Selling at Kraft Heinz

In related news, Director Elio Leoni Sceti sold 25,000 shares of the firm’s stock in a transaction on Friday, July 18th. The stock was sold at an average price of $27.91, for a total transaction of $697,750.00. Following the sale, the director owned 40,000 shares of the company’s stock, valued at $1,116,400. This trade represents a 38.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.35% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have issued reports on KHC. Hsbc Global Res upgraded Kraft Heinz to a “hold” rating in a research note on Friday, August 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of Kraft Heinz in a research note on Saturday, September 27th. Wells Fargo & Company lowered their target price on Kraft Heinz from $29.00 to $27.00 and set an “equal weight” rating on the stock in a research note on Wednesday, September 3rd. Morgan Stanley set a $29.00 target price on Kraft Heinz and gave the stock an “equal weight” rating in a research note on Wednesday, September 3rd. Finally, Stifel Nicolaus lowered their target price on Kraft Heinz from $30.00 to $28.00 and set a “hold” rating on the stock in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $29.76.

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.