M&R Capital Management Inc. raised its position in The Kraft Heinz Company (NASDAQ:KHC) by 4.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 8,750 shares of the company’s stock after acquiring an additional 358 shares during the period. M&R Capital Management Inc.’s holdings in The Kraft Heinz were worth $756,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Westside Investment Management Inc. grew its stake in The Kraft Heinz by 16.6% in the second quarter. Westside Investment Management Inc. now owns 1,209 shares of the company’s stock valued at $100,000 after acquiring an additional 172 shares during the period. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its stake in The Kraft Heinz by 287.9% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,280 shares of the company’s stock valued at $110,000 after acquiring an additional 950 shares during the period. V Wealth Management LLC acquired a new stake in The Kraft Heinz in the second quarter valued at approximately $125,000. Blue Chip Partners Inc. grew its stake in The Kraft Heinz by 0.5% in the second quarter. Blue Chip Partners Inc. now owns 1,484 shares of the company’s stock valued at $127,000 after acquiring an additional 8 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC grew its stake in The Kraft Heinz by 7.0% in the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,527 shares of the company’s stock valued at $139,000 after acquiring an additional 100 shares during the period. 61.69% of the stock is owned by hedge funds and other institutional investors.

The Kraft Heinz Company (NASDAQ:KHC) opened at $79.72 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. The Kraft Heinz Company has a 1 year low of $75.21 and a 1 year high of $97.77. The firm has a market capitalization 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 Kraft Heinz (NASDAQ:KHC) last posted its quarterly earnings data on Wednesday, November 1st. The company reported $0.83 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.83. The Kraft Heinz had a return on equity of 7.49% and a net margin of 15.03%. The business had revenue of $6.31 billion for the quarter, compared to analysts’ expectations of $6.33 billion. During the same quarter in the previous year, the firm earned $0.83 earnings per share. The business’s revenue was up .7% on a year-over-year basis. equities analysts expect that The Kraft Heinz Company will post 3.61 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be given a $0.625 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.50 annualized dividend and a yield of 3.14%. The Kraft Heinz’s dividend payout ratio is currently 77.88%.

KHC has been the topic of several analyst reports. TheStreet raised The Kraft Heinz from a “c” rating to a “b-” rating in a research report on Thursday, August 3rd. Berenberg Bank set a $102.00 target price on The Kraft Heinz and gave the company a “buy” rating in a research report on Monday, August 7th. Credit Suisse Group set a $100.00 target price on The Kraft Heinz and gave the company a “buy” rating in a research report on Saturday, August 5th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $95.00 target price on shares of The Kraft Heinz in a research report on Friday, September 1st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $95.00 target price on shares of The Kraft Heinz in a research report on Thursday, September 21st. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The Kraft Heinz has an average rating of “Buy” and a consensus target price of $92.49.

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About The Kraft Heinz

The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s segments include the United States, Canada and Europe.

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Institutional Ownership by Quarter for The Kraft Heinz (NASDAQ:KHC)

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