Measured Risk Portfolios Inc. Has $2.16 Million Stock Holdings in Kraft Heinz Company $KHC

Measured Risk Portfolios Inc. boosted its position in shares of Kraft Heinz Company (NASDAQ:KHC) by 32.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,855 shares of the company’s stock after acquiring an additional 23,306 shares during the period. Kraft Heinz makes up approximately 2.4% of Measured Risk Portfolios Inc.’s holdings, making the stock its 17th largest holding. Measured Risk Portfolios Inc.’s holdings in Kraft Heinz were worth $2,156,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quantinno Capital Management LP raised its stake in shares of Kraft Heinz by 158.1% in the first quarter. Quantinno Capital Management LP now owns 2,106,122 shares of the company’s stock valued at $47,367,000 after purchasing an additional 1,290,106 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its stake in Kraft Heinz by 29.8% during the first quarter. OMERS ADMINISTRATION Corp now owns 40,262 shares of the company’s stock worth $905,000 after buying an additional 9,246 shares in the last quarter. Lombard Odier Asset Management Switzerland SA boosted its stake in Kraft Heinz by 37.5% during the first quarter. Lombard Odier Asset Management Switzerland SA now owns 276,176 shares of the company’s stock worth $6,211,000 after buying an additional 75,300 shares in the last quarter. Entropy Technologies LP increased its holdings in Kraft Heinz by 2,249.0% in the 1st quarter. Entropy Technologies LP now owns 471,864 shares of the company’s stock valued at $10,612,000 after buying an additional 451,776 shares during the period. Finally, Gabelli Funds LLC increased its holdings in Kraft Heinz by 18.3% in the 1st quarter. Gabelli Funds LLC now owns 347,400 shares of the company’s stock valued at $7,813,000 after buying an additional 53,800 shares during the period. Institutional investors and hedge funds own 78.17% of the company’s stock.

Kraft Heinz Trading Up 2.1%

Shares of KHC stock opened at $26.22 on Tuesday. The company has a market capitalization of $31.09 billion, a P/E ratio of -5.40 and a beta of 0.09. Kraft Heinz Company has a 12-month low of $21.03 and a 12-month high of $29.19. The company has a quick ratio of 0.82, a current ratio of 1.20 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $24.22 and a 200 day moving average price of $23.59.

Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.08. The firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.89 billion. Kraft Heinz had a negative net margin of 23.05% and a positive return on equity of 7.26%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 earnings per share. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. Research analysts forecast that Kraft Heinz Company will post 2.07 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 5th were given a dividend of $0.40 per share. The ex-dividend date was Friday, June 5th. This represents a $1.60 dividend on an annualized basis and a yield of 6.1%. Kraft Heinz’s dividend payout ratio is -32.92%.

Insider Buying and Selling

In related news, insider Diana Frost sold 18,502 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $23.05, for a total transaction of $426,471.10. Following the completion of the sale, the insider directly owned 102,667 shares of the company’s stock, valued at $2,366,474.35. This trade represents a 15.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.24% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wall Street Zen raised shares of Kraft Heinz from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Evercore set a $23.00 target price on shares of Kraft Heinz in a research note on Thursday. BNP Paribas Exane increased their price target on shares of Kraft Heinz from $17.00 to $19.00 and gave the stock an “underperform” rating in a research report on Tuesday, June 30th. Sanford C. Bernstein cut shares of Kraft Heinz from a “market perform” rating to an “underperform” rating and cut their price target for the stock from $25.00 to $21.00 in a research note on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Kraft Heinz from $20.00 to $22.00 and gave the company a “hold” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $23.19.

About Kraft Heinz

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.