Sale on milk and eggs: Kroger cuts outlook amid price fight
- Author: Zachary Reyes Jun 16, 2017,
Jun 16, 2017, 0:30
Baldwin Brothers Inc. MA increased its stake in shares of Kroger Company (The) by 23.4% in the first quarter.
Kroger Company (The) also recently announced a dividend paid on Thursday the 1st of June 2017. Therefore 52% are positive. Kroger had 53 analyst reports since August 25, 2015 according to SRatingsIntel. Credit Suisse maintained it with "Neutral" rating and $34 target in Thursday, May 12 report. Including today's unusual volume, The Kroger Co.'s stock is performing at -12.26% on the year. Citigroup maintained the shares of KR in report on Thursday, September 17 with "Buy" rating. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Zacks Investment Research upgraded Kroger Company (The) from a "sell" rating to a "hold" rating in a research report on Tuesday, May 9th. Jefferies maintained Kroger Co (NYSE:KR) rating on Monday, September 14. Jefferies maintained Kroger Co (NYSE:KR) on Wednesday, August 31 with "Hold" rating. Allianz Asset Mgmt Ag has invested 0.19% in Kroger Co (NYSE:KR). The stock of Kroger Co (NYSE:KR) has "Buy" rating given on Monday, December 14 by Argus Research. The stock was sold at an average price of $29.35, for a total transaction of $131,047.75. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Dupont Cap Mngmt invested in 0.02% or 26,030 shares. Van Eck Associates, a New York-based fund reported 123,415 shares.
Analysts await Powell Industries, Inc.
About 200 shares traded. It is down 0.00% since June 15, 2016 and is. It has underperformed by 32.78% the S&P500.
The Kroger Co. manufactures and processes food for sale in its supermarkets. The company has a market capitalization of $27.68 billion, a P/E ratio of 14.77 and a beta of 0.73. The Firm 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.
Investors sentiment decreased to 0.92 in Q4 2016. Its down 0.01, from 0.93 in 2016Q3.
For the quarter, Kroger Co. earned $303 million, or 32 cents per share. Tiaa Cref Invest Management Ltd Limited Liability Company holds 6.24 million shares. (The) downgraded shares of Kroger Company (The) from a conviction-buy rating to a buy rating in a report on Friday, March 3rd. 705.18 million shares or 1.32% more from 696.00 million shares in 2016Q3 were reported.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for The Kroger Co. the EPS stands at 0.53 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.52, suggesting the stock exceeded the analysts' expectations. Cibc Mkts Inc has invested 0.01% in Kroger Co (NYSE:KR). National Bank & Trust Of The West reported 0.6% stake. Loop Capital initiated coverage on shares of Kroger Company (The) in a research note on Monday, May 15th. Blackrock Advsr holds 13.38 million shares or 0.47% of its portfolio. Lenox Wealth stated it has 0.08% of its portfolio in Kroger Co (NYSE:KR). Donaldson Cap Mngmt Lc holds 0.13% or 30,323 shares. Following the transaction, the insider now owns 249,208 shares of the company's stock, valued at $7,478,732.08. Sii Investments Wi reported 216,887 shares.
Since March 3, 2017, it had 0 insider purchases, and 5 insider sales for $1.77 million activity. 10,000 shares valued at $298,950 were sold by KROPF SUSAN J on Monday, April 10. YorkBridge Wealth Partners LLC increased its stake in shares of Kroger Company (The) by 4.1% in the first quarter. 17,600 shares were sold by DONNELLY MICHAEL JOSEPH, worth $528,176 on Wednesday, May 10. Shares for $489,835 were sold by Clark Robert W on Tuesday, March 7. SARGENT RONALD had sold 4,465 shares worth $131,057.
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