The Kroger Co. $KR Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its stake in shares of The Kroger Co. (NYSE:KR) by 11.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 127,114 shares of the company’s stock after purchasing an additional 13,318 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Kroger were worth $9,118,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Accent Capital Management LLC bought a new position in Kroger in the first quarter worth about $25,000. SOA Wealth Advisors LLC. raised its holdings in Kroger by 6,840.0% during the second quarter. SOA Wealth Advisors LLC. now owns 347 shares of the company’s stock worth $25,000 after purchasing an additional 342 shares in the last quarter. Garde Capital Inc. bought a new stake in Kroger during the first quarter worth approximately $31,000. Capital Analysts LLC bought a new stake in Kroger during the first quarter worth approximately $36,000. Finally, Sound Income Strategies LLC increased its holdings in shares of Kroger by 46.7% in the first quarter. Sound Income Strategies LLC now owns 550 shares of the company’s stock valued at $37,000 after buying an additional 175 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Roth Capital raised Kroger from a “neutral” rating to a “buy” rating and set a $75.00 price target on the stock in a report on Wednesday, September 17th. Argus set a $85.00 price target on shares of Kroger in a research note on Thursday, September 18th. Evercore ISI upped their price target on shares of Kroger from $80.00 to $82.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 12th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Kroger from $57.00 to $67.00 and gave the stock a “hold” rating in a report on Monday, June 23rd. Finally, Jefferies Financial Group set a $83.00 price objective on shares of Kroger and gave the stock a “buy” rating in a report on Monday, June 23rd. Ten equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Kroger presently has an average rating of “Moderate Buy” and an average price target of $73.63.

Kroger Stock Up 0.5%

NYSE KR opened at $67.88 on Monday. The stock has a market cap of $44.98 billion, a PE ratio of 17.23, a PEG ratio of 1.97 and a beta of 0.57. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.54 and a current ratio of 0.95. The Kroger Co. has a twelve month low of $54.88 and a twelve month high of $74.90. The firm has a 50-day simple moving average of $68.47 and a 200 day simple moving average of $69.09.

Kroger (NYSE:KR) last announced its quarterly earnings results on Thursday, September 11th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.04. The firm had revenue of $33.94 billion during the quarter, compared to analysts’ expectations of $34.08 billion. Kroger had a net margin of 1.86% and a return on equity of 32.62%. The company’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 earnings per share. Kroger has set its FY 2025 guidance at 4.700-4.800 EPS. On average, research analysts forecast that The Kroger Co. will post 4.44 EPS for the current year.

Kroger Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a dividend of $0.35 per share. The ex-dividend date is Friday, November 14th. This represents a $1.40 dividend on an annualized basis and a yield of 2.1%. Kroger’s dividend payout ratio (DPR) is currently 35.53%.

Insider Buying and Selling at Kroger

In other news, Director Clyde R. Moore sold 3,810 shares of the firm’s stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $71.61, for a total transaction of $272,834.10. Following the completion of the sale, the director owned 85,850 shares of the company’s stock, valued at approximately $6,147,718.50. This trade represents a 4.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.44% of the company’s stock.

Kroger Profile

The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.