ORG Partners LLC Sells 23,383 Shares of Kraft Heinz Company $KHC

ORG Partners LLC trimmed its holdings in shares of Kraft Heinz Company (NASDAQ:KHC) by 89.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,666 shares of the company’s stock after selling 23,383 shares during the quarter. ORG Partners LLC’s holdings in Kraft Heinz were worth $65,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Rakuten Securities Inc. boosted its position in Kraft Heinz by 172.4% during the 2nd quarter. Rakuten Securities Inc. now owns 1,245 shares of the company’s stock valued at $32,000 after acquiring an additional 788 shares in the last quarter. Cape Investment Advisory Inc. increased its holdings in shares of Kraft Heinz by 164.7% in the 2nd quarter. Cape Investment Advisory Inc. now owns 1,297 shares of the company’s stock valued at $33,000 after acquiring an additional 807 shares during the period. Anfield Capital Management LLC raised its position in shares of Kraft Heinz by 256.7% in the 3rd quarter. Anfield Capital Management LLC now owns 1,270 shares of the company’s stock worth $33,000 after acquiring an additional 914 shares in the last quarter. Sentry Investment Management LLC bought a new position in shares of Kraft Heinz in the 3rd quarter worth $38,000. Finally, Albion Financial Group UT purchased a new stake in shares of Kraft Heinz during the 3rd quarter worth $43,000. Institutional investors own 78.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein raised their price objective on Kraft Heinz from $24.00 to $27.00 and gave the company a “market perform” rating in a research report on Thursday, February 12th. Jefferies Financial Group decreased their price target on shares of Kraft Heinz from $24.00 to $23.00 and set a “hold” rating for the company in a research report on Tuesday, January 20th. Zacks Research cut shares of Kraft Heinz from a “hold” rating to a “strong sell” rating in a report on Friday, February 13th. TD Cowen reaffirmed a “hold” rating on shares of Kraft Heinz in a research report on Thursday, February 12th. Finally, Mizuho reduced their price objective on shares of Kraft Heinz from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, Kraft Heinz has an average rating of “Reduce” and an average price target of $24.44.

Insider Buying and Selling

In related news, insider Cory Onell sold 4,991 shares of Kraft Heinz stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $24.34, for a total value of $121,480.94. Following the completion of the sale, the insider directly owned 197,463 shares in the company, valued at $4,806,249.42. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.35% of the stock is owned by company insiders.

Kraft Heinz Stock Up 0.7%

Shares of KHC stock opened at $22.49 on Wednesday. The stock’s fifty day moving average price is $23.51 and its 200 day moving average price is $24.38. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $31.15. The company has a market cap of $26.62 billion, a price-to-earnings ratio of -4.55 and a beta of 0.06. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.15 and a quick ratio of 0.79.

Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. The company had revenue of $6.35 billion during the quarter, compared to analysts’ expectations of $6.38 billion. Kraft Heinz had a positive return on equity of 7.07% and a negative net margin of 23.44%.The firm’s revenue was down 3.4% compared to the same quarter last year. During the same period last year, the business posted $0.84 earnings per share. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. On average, research analysts expect that Kraft Heinz Company will post 2.68 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 6th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend was Friday, March 6th. Kraft Heinz’s dividend payout ratio (DPR) is presently -32.39%.

Kraft Heinz Profile

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.