Todd Asset Management LLC bought a new position in shares of Kroger Company (The) (NYSE:KR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 628,320 shares of the company’s stock, valued at approximately $12,604,000. Todd Asset Management LLC owned about 0.07% of Kroger Company (The) as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. NN Investment Partners Holdings N.V. grew its stake in Kroger Company (The) by 40.4% in the second quarter. NN Investment Partners Holdings N.V. now owns 44,222 shares of the company’s stock valued at $1,031,000 after purchasing an additional 12,719 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Kroger Company (The) by 1.0% in the 2nd quarter. Fisher Asset Management LLC now owns 214,609 shares of the company’s stock valued at $5,005,000 after purchasing an additional 2,111 shares during the period. Eqis Capital Management Inc. bought a new stake in Kroger Company (The) in the 2nd quarter valued at $209,000. Exane Derivatives boosted its stake in Kroger Company (The) by 352,600.0% in the 2nd quarter. Exane Derivatives now owns 14,108 shares of the company’s stock valued at $329,000 after purchasing an additional 14,104 shares during the period. Finally, CWM LLC raised its holdings in Kroger Company (The) by 1,162.2% in the 2nd quarter. CWM LLC now owns 5,213 shares of the company’s stock valued at $122,000 after acquiring an additional 4,800 shares in the last quarter. Institutional investors own 75.06% of the company’s stock.

Several equities analysts have weighed in on KR shares. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Kroger Company (The) in a report on Tuesday, September 5th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $26.00 price objective on shares of Kroger Company (The) in a report on Tuesday, September 5th. Royal Bank Of Canada set a $34.00 price objective on Kroger Company (The) and gave the company a “buy” rating in a report on Monday, August 28th. Vetr cut Kroger Company (The) from a “strong-buy” rating to a “buy” rating and set a $26.26 price objective for the company. in a report on Tuesday, July 25th. Finally, BidaskClub raised Kroger Company (The) from a “hold” rating to a “buy” rating in a report on Wednesday, August 9th. Nineteen research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Kroger Company (The) has an average rating of “Hold” and a consensus target price of $29.10.

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Shares of Kroger Company (NYSE KR) traded down $0.45 during trading on Wednesday, reaching $21.57. 5,030,450 shares of the company’s stock were exchanged, compared to its average volume of 12,062,375. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.33 and a current ratio of 0.87. The stock has a market cap of $19,590.00, a P/E ratio of 11.59, a P/E/G ratio of 1.70 and a beta of 0.83. Kroger Company has a 52 week low of $19.69 and a 52 week high of $36.44.

Kroger Company (The) (NYSE:KR) last announced its quarterly earnings results on Friday, September 8th. The company reported $0.39 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.39. The business had revenue of $27.60 billion during the quarter, compared to the consensus estimate of $27.48 billion. Kroger Company (The) had a net margin of 1.32% and a return on equity of 28.04%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.47 EPS. equities analysts anticipate that Kroger Company will post 2 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.125 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.50 annualized dividend and a yield of 2.32%. Kroger Company (The)’s dividend payout ratio (DPR) is currently 30.30%.

About Kroger Company (The)

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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Institutional Ownership by Quarter for Kroger Company (The) (NYSE:KR)

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