GSA Capital Partners LLP Buys Shares of 13,849 Kroger Co (KR)

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.

A number of research analysts recently issued reports on the stock. Jefferies Group raised shares of Kroger from a “hold” rating to a “buy” rating and lifted their price target for the company from $26.98 to $33.00 in a research report on Friday, January 5th. Zacks Investment Research cut shares of Kroger from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. ValuEngine cut shares of Kroger from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. TheStreet raised shares of Kroger from a “c+” rating to a “b” rating in a research report on Wednesday, December 27th. Finally, Citigroup lifted their price target on shares of Kroger from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, December 26th. Seventeen equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $29.80.

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.

TRADEMARK VIOLATION NOTICE: This piece of content was originally published by Community Financial News and is the property of of Community Financial News. If you are reading this piece of content on another website, it was illegally stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this piece of content can be accessed at https://www.com-unik.info/2018/01/11/gsa-capital-partners-llp-buys-shares-of-13849-kroger-co-kr.html.

About Kroger

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.

Want to see what other hedge funds are holding KR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kroger Co (NYSE:KR).

Institutional Ownership by Quarter for Kroger (NYSE:KR)

Receive News & Ratings for Kroger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kroger and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit