Atria Investments LLC trimmed its holdings in Kroger Co (NYSE:KR) by 16.4% during the 4th quarter, HoldingsChannel reports. The fund owned 21,355 shares of the company’s stock after selling 4,198 shares during the period. Atria Investments LLC’s holdings in Kroger were worth $586,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Profund Advisors LLC increased its holdings in shares of Kroger by 19.2% in the second quarter. Profund Advisors LLC now owns 30,540 shares of the company’s stock worth $712,000 after purchasing an additional 4,914 shares during the last quarter. Thrivent Financial For Lutherans increased its holdings in shares of Kroger by 3.0% in the second quarter. Thrivent Financial For Lutherans now owns 34,850 shares of the company’s stock worth $813,000 after purchasing an additional 1,000 shares during the last quarter. Mutual of America Capital Management LLC increased its holdings in shares of Kroger by 2.0% in the second quarter. Mutual of America Capital Management LLC now owns 111,468 shares of the company’s stock worth $2,599,000 after purchasing an additional 2,136 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of Kroger by 367.8% in the second quarter. D.A. Davidson & CO. now owns 13,940 shares of the company’s stock worth $325,000 after purchasing an additional 10,960 shares during the last quarter. Finally, Bluestein R H & Co. bought a new stake in shares of Kroger in the second quarter worth about $233,000. Institutional investors and hedge funds own 79.59% of the company’s stock.

Kroger Co (KR) opened at $29.63 on Tuesday. Kroger Co has a 12-month low of $19.69 and a 12-month high of $34.75. The stock has a market capitalization of $26,110.00, a P/E ratio of 17.64, a price-to-earnings-growth ratio of 3.90 and a beta of 0.93. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.31 and a current ratio of 0.85.

Kroger (NYSE:KR) last announced its earnings results on Thursday, November 30th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.04. Kroger had a return on equity of 28.60% and a net margin of 1.31%. The business had revenue of $27.75 billion during the quarter, compared to analyst estimates of $27.48 billion. During the same quarter in the previous year, the business earned $0.41 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. equities research analysts forecast that Kroger Co will post 2.04 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 15th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.50 annualized dividend and a dividend yield of 1.69%. Kroger’s dividend payout ratio (DPR) is presently 29.76%.

KR has been the topic of several research reports. TheStreet raised Kroger from a “c+” rating to a “b” rating in a report on Wednesday, December 27th. Moffett Nathanson initiated coverage on Kroger in a report on Monday, December 4th. They issued a “buy” rating on the stock. Pivotal Research set a $30.00 target price on Kroger and gave the stock a “buy” rating in a report on Saturday, December 2nd. Northcoast Research raised Kroger from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Finally, Citigroup lifted their target price on Kroger from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, December 26th. Seventeen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $29.48.

In related news, insider Christopher T. Hjelm sold 16,530 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $27.00, for a total value of $446,310.00. Following the completion of the sale, the insider now owns 243,784 shares in the company, valued at $6,582,168. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Carin L. Fike sold 1,538 shares of the business’s 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 owns 25,956 shares of the company’s stock, valued at approximately $664,733.16. The disclosure for this sale can be found here. Insiders have sold 58,868 shares of company stock valued at $1,607,426 in the last 90 days. Company insiders own 0.87% of the company’s stock.

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Kroger Profile

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 (NYSE:KR)

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