Kroger Co (NYSE:KR) VP Michael Joseph Donnelly sold 40,000 shares of Kroger stock in a transaction on Monday, January 29th. The shares were sold at an average price of $30.64, for a total value of $1,225,600.00. Following the completion of the sale, the vice president now owns 319,124 shares in the company, valued at approximately $9,777,959.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Michael Joseph Donnelly also recently made the following trade(s):

  • On Friday, December 28th, Michael Joseph Donnelly sold 15,400 shares of Kroger stock. The shares were sold at an average price of $27.66, for a total value of $425,964.00.
  • On Thursday, December 28th, Michael Joseph Donnelly sold 15,400 shares of Kroger stock. The shares were sold at an average price of $27.66, for a total value of $425,964.00.

Shares of Kroger Co (KR) opened at $30.21 on Friday. Kroger Co has a one year low of $19.69 and a one year high of $34.75. The company has a quick ratio of 0.31, a current ratio of 0.85 and a debt-to-equity ratio of 2.11. The firm has a market capitalization of $26,630.00, a price-to-earnings ratio of 17.98, a PEG ratio of 4.04 and a beta of 0.93.

Kroger (NYSE:KR) last issued its quarterly earnings data on Thursday, November 30th. The company reported $0.44 earnings per share for the quarter, beating the Zacks’ 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 analysts’ expectations of $27.48 billion. During the same period in the previous year, the firm posted $0.41 earnings per share. The company’s revenue was up 4.5% on a year-over-year basis. sell-side analysts predict that Kroger Co will post 2.04 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.66%. Kroger’s payout ratio is presently 29.76%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. IHT Wealth Management LLC grew its stake in Kroger by 122.1% during the 2nd quarter. IHT Wealth Management LLC now owns 2,770 shares of the company’s stock worth $376,000 after purchasing an additional 1,523 shares in the last quarter. Bessemer Group Inc. grew its stake in Kroger by 97.2% during the 4th quarter. Bessemer Group Inc. now owns 4,980 shares of the company’s stock worth $136,000 after purchasing an additional 2,455 shares in the last quarter. Howe & Rusling Inc. acquired a new position in Kroger during the 3rd quarter worth $103,000. Mountain Capital Investment Advisors Inc acquired a new position in Kroger during the 2nd quarter worth $128,000. Finally, Balentine LLC grew its stake in Kroger by 1,263.2% during the 2nd quarter. Balentine LLC now owns 6,380 shares of the company’s stock worth $149,000 after purchasing an additional 5,912 shares in the last quarter. 79.61% of the stock is owned by institutional investors and hedge funds.

KR has been the topic of a number of research analyst reports. Northcoast Research upgraded Kroger from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Oppenheimer restated a “hold” rating and issued a $26.00 target price on shares of Kroger in a research report on Monday, December 4th. Citigroup lifted their target price on Kroger from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Tuesday, December 26th. Zacks Investment Research downgraded Kroger from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, ValuEngine downgraded Kroger from a “buy” rating to a “hold” rating in a research report on Friday. Seventeen equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $29.57.

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Kroger Company 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.

Insider Buying and Selling by Quarter for Kroger (NYSE:KR)

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