Roosevelt Investment Group Inc. lessened its holdings in shares of Kraft Heinz Co (NASDAQ:KHC) by 3.3% during the 4th quarter, HoldingsChannel reports. The fund owned 125,967 shares of the company’s stock after selling 4,350 shares during the period. Roosevelt Investment Group Inc.’s holdings in Kraft Heinz were worth $9,795,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. raised its position in shares of Kraft Heinz by 16.6% during the 2nd quarter. Westside Investment Management Inc. now owns 1,209 shares of the company’s stock worth $100,000 after acquiring an additional 172 shares in the last quarter. Rational Advisors LLC acquired a new stake in shares of Kraft Heinz during the 4th quarter worth about $117,000. Mountain Capital Investment Advisors Inc acquired a new stake in shares of Kraft Heinz during the 2nd quarter worth about $121,000. Cerebellum GP LLC acquired a new stake in shares of Kraft Heinz during the 4th quarter worth about $124,000. Finally, GWM Advisors LLC acquired a new stake in shares of Kraft Heinz during the 2nd quarter worth about $137,000. 61.93% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have commented on KHC. Zacks Investment Research raised Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Monday, December 18th. BidaskClub raised Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Jefferies Group began coverage on Kraft Heinz in a research report on Friday, January 19th. They set a “buy” rating and a $95.00 price target on the stock. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $94.00 price target (up previously from $90.00) on shares of Kraft Heinz in a research report on Tuesday, January 30th. Finally, Morgan Stanley cut their price target on Kraft Heinz from $92.00 to $88.00 and set an “overweight” rating on the stock in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $92.27.

Kraft Heinz Co (NASDAQ:KHC) opened at $71.81 on Tuesday. Kraft Heinz Co has a 12 month low of $70.25 and a 12 month high of $97.77. The firm has a market capitalization of $86,974.24, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 1.92 and a beta of 0.43. The company has a quick ratio of 0.43, a current ratio of 0.77 and a debt-to-equity ratio of 0.48.

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About 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 Kraft Heinz (NASDAQ:KHC)

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