What Does Insider Trading Tell Us About The Kraft Heinz Company (KHC)?

Kraft Heinz

Kraft Heinz

November 2 investment analysts at Credit Suisse Group held the company rating at "Outperform" targeting a price of $90.00. Employees Retirement System of Texas' holdings in The Kraft Heinz were worth $7,279,000 as of its most recent filing with the Securities & Exchange Commission. Approximately 1.5% of the company's stock are sold short. Alliancebernstein L.P. trimmed its stake by shedding 1,635,654 shares a decrease of 61.5% from 06/30/2017 to 09/30/2017. American International Group Inc owns 301,311 shares worth $23,367,000. The Kraft Heinz's quarterly revenue was up.7% compared to the same quarter previous year. Blue Chip Partners Inc. now owns 1,484 shares of the company's stock valued at $127,000 after purchasing an additional 8 shares during the last quarter. Ltd. grew its stake in The Kraft Heinz by 287.9% in the second quarter. Alyeska Investment Group L.P. now owns 1,259,614 shares of the company's stock valued at $97,683,000 after acquiring an additional 435,590 shares during the period. Institutional investors own 60.69% of the company's stock.

The Kraft Heinz (NASDAQ KHC) traded up $0.13 on Thursday, hitting $79.85. The Kraft Heinz Company has a 12 month low of $75.21 and a 12 month high of $97.77. The company has a market cap of $97,136.27, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 2.21 and a beta of 0.43. The company has a current ratio of 0.77, a quick ratio of 0.43 and a debt-to-equity ratio of 0.48.

The Kraft Heinz (NASDAQ:KHC) last announced its earnings results on Wednesday, November 1st. The company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.09. Kraft Heinz had a net margin of 10.44% and a return on equity of 6.40%. The company had revenue of $6.31 billion during the quarter, compared to analyst estimates of $6.33 billion.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, November 17th will be issued a dividend of $0.625 per share. The ex-dividend date is Thursday, November 16th. This represents a $2.50 annualized dividend and a yield of 3.13%. The Kraft Heinz's payout ratio is now 77.88%.

COPYRIGHT VIOLATION NOTICE: This story was first posted by Week Herald and is the property of of Week Herald. If you are reading this report on another website, it was illegally stolen and republished in violation of USA & worldwide copyright law. The original version of this report can be viewed at https://baseballnewssource.com/markets/the-kraft-heinz-company-khc-upgraded-at-bidaskclub-2/1773539.html.

KHC has been the subject of several recent research reports. Three equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, three equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $90.29.

Morgan Stanley lowered the price target of the stock on November 3 changing the price objective from $92.00 to $88.00 and issued a "Overweight" rating. Finally, TheStreet raised The Kraft Heinz from a c rating to a b- rating in a report on Thursday, August 3rd. The firm has "Buy" rating by UBS given on Friday, October 13. Morgan Stanley lowered the price target on October 13 cutting the projection from $95.00 to $92.00 and stated a "Overweight" rating.

The Kraft Heinz Company is a food and beverage company.

Notícias recomendadas

  • LEGO Marvel Super Heroes 2 Clip featuring Peter Serafinowicz

    LEGO Marvel Super Heroes 2 Clip featuring Peter Serafinowicz

    LEGO Marvel Super Heroes 2 will be available for PlayStation 4, Xbox One and PC this Friday 17th November. There is also a DLC Season Pass that includes six Level Packs and four Character Packs.
    Salvation Army Red Kettle Campaign Kickoff

    Salvation Army Red Kettle Campaign Kickoff

    Harold Brodin at last year's Salvation Army's kettle kick off for the holiday season on November 18, 2016. Since 2006, Carol Roche has been standing post at one of the 19 Kingston kettle locations.

    Itau Unibanco Banco Holding SA (ITUB) Downgraded by ValuEngine

    The Company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. Credit Suisse downgraded Itau Unibanco Holding SA (ADR) (NYSE: ITUB ) on Tuesday, October 13 to "Underperform" rating.
  • Day Buzzers -- The Coca-Cola Company (NYSE:KO)

    Day Buzzers -- The Coca-Cola Company (NYSE:KO)

    Following the completion of the sale, the insider now owns 320,013 shares in the company, valued at approximately $14,749,399.17. Finally, Montecito Bank & Trust lifted its holdings in shares of Coca-Cola Company (The) by 90.2% during the first quarter.

    Lewis Hamilton says 2018 F1 engine rules 'suck', wants more sprints

    Hamilton said reducing the number of engines would mean drivers were able to push hard in races less often. "That sucks. From 2018 they will be limited to just three engines for the 21 races.
    Web Summit pede

    Web Summit pede "desculpa por qualquer ofensa causada" com jantar no Panteão

    Responsabilidade do governo anterior foi a regulamentação da utilização dos espaços culturais. O jantar foi organizado segundo as regras do Panteão Nacional e realizado com respeito.
  • World Antibiotic Awareness Week Kicks Off

    World Antibiotic Awareness Week Kicks Off

    Antibiotics are essential for treating pneumonia and sepsis; however, antibiotics can not help against bronchitis, colds, flu and some ear infections.
    Warwick Davis is coming to Disney's 'Star Wars: Galactic Nights'

    Warwick Davis is coming to Disney's 'Star Wars: Galactic Nights'

    According to the " Star Wars " website , Lucasfilm and Disney are "immensely proud" of his work on the series' latest installment. Sometimes the IMAX poster will be a bit more inventive and creative, but again, this is Star Wars .

    Institutions Continue To Be Top Holders in Pure Storage, Inc. (NYSE:PSTG)

    Following the transaction, the chief financial officer now owns 282,200 shares of the company's stock, valued at $4,108,832. The company had revenue of $224.50 million for the quarter, compared to the consensus estimate of $217.97 million.
  • India's child and maternal malnutrition disease burden 12 times higher than China

    India's child and maternal malnutrition disease burden 12 times higher than China

    In 1990, 61% of the total disease burden in India was attributed to communicable, maternal, neonatal, and nutritional diseases. Again, men in Kerala enjoyed a life expectancy of 73.8 years, but the corresponding figure for men in Assam was 63.6 years.
    Sumo grand champion Harumafuji broke wrestler's skull with a bottle

    Sumo grand champion Harumafuji broke wrestler's skull with a bottle

    The ancient sport's traditional protocol calls for participants to live up to a strict standard of good behavior. Sumo association officials told AFP news agency that exactly what happened remains unconfirmed.
    Starcraft II: Wings of Liberty is free now!

    Starcraft II: Wings of Liberty is free now!

    You can access the Ranked Multiplayer ladder by completing 10 "First Wins of the Day" in Unranked Multiplayer or Versus AI modes. Starcraft II is available for both Windows and Mac, but before you can get it, you'll need a Blizzard Battle.net account.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.