GSA Capital Partners LLP bought a new position in Kroger Co (NYSE:KR) in the 3rd quarter, according to its most recent disclosure with the SEC. The firm bought 13,849 shares of the company’s stock, valued at approximately $278,000.
Other large investors also recently bought and sold shares of the company. Howe & Rusling Inc. purchased a new position in Kroger during the 3rd quarter valued at about $103,000. Mountain Capital Investment Advisors Inc purchased a new position in Kroger during the 2nd quarter valued at about $128,000. Northwestern Mutual Wealth Management Co. lifted its position in Kroger by 85.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,888 shares of the company’s stock valued at $137,000 after acquiring an additional 2,708 shares during the period. Archford Capital Strategies LLC lifted its position in Kroger by 38,135.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 13,000 shares of the company’s stock valued at $139,000 after acquiring an additional 12,966 shares during the period. Finally, Citizens Financial Group Inc RI lifted its position in Kroger by 4.3% during the 2nd quarter. Citizens Financial Group Inc RI now owns 6,165 shares of the company’s stock valued at $144,000 after acquiring an additional 255 shares during the period. 79.59% of the stock is owned by hedge funds and other institutional investors.
In other news, VP Carin L. Fike sold 1,538 shares of Kroger stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $25.61, for a total value of $39,388.18. Following the completion of the sale, the vice president now directly owns 25,956 shares in the company, valued at $664,733.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Michael Joseph Donnelly sold 15,400 shares of Kroger stock in a transaction that occurred on Friday, December 28th. The stock was sold at an average price of $27.66, for a total transaction of $425,964.00. Following the completion of the sale, the chief operating officer now owns 290,353 shares of the company’s stock, valued at $8,031,163.98. The disclosure for this sale can be found here. Insiders sold 58,868 shares of company stock valued at $1,607,426 over the last quarter. Company insiders own 0.87% of the company’s stock.
Kroger Co (NYSE:KR) opened at $27.99 on Thursday. The company has a quick ratio of 0.31, a current ratio of 0.85 and a debt-to-equity ratio of 2.11. The stock has a market cap of $24,670.00, a PE ratio of 16.66, a price-to-earnings-growth ratio of 3.60 and a beta of 0.93. Kroger Co has a twelve month low of $19.69 and a twelve month high of $34.99.
Kroger (NYSE:KR) last issued its earnings results on Thursday, November 30th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. The business had revenue of $27.75 billion during the quarter, compared to analysts’ expectations of $27.48 billion. Kroger had a net margin of 1.31% and a return on equity of 28.60%. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 earnings per share. sell-side analysts predict that Kroger Co will post 2.03 EPS for the current fiscal year.
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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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