United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Boosts Position in The Kroger Co. $KR

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in shares of The Kroger Co. (NYSE:KR) by 8,934.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 388,471 shares of the company’s stock after buying an additional 384,171 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Kroger were worth $24,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP increased its holdings in Kroger by 61.1% in the third quarter. Wellington Management Group LLP now owns 33,367,551 shares of the company’s stock valued at $2,249,307,000 after buying an additional 12,652,261 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in Kroger by 66.6% in the third quarter. Allianz Asset Management GmbH now owns 5,255,084 shares of the company’s stock valued at $354,245,000 after buying an additional 2,100,444 shares in the last quarter. Worldquant Millennium Advisors LLC increased its holdings in Kroger by 299.6% in the second quarter. Worldquant Millennium Advisors LLC now owns 2,420,495 shares of the company’s stock valued at $173,622,000 after buying an additional 1,814,721 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Kroger by 95.6% in the second quarter. Raymond James Financial Inc. now owns 2,434,663 shares of the company’s stock valued at $174,638,000 after buying an additional 1,190,127 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in Kroger by 51.0% in the third quarter. Alyeska Investment Group L.P. now owns 2,991,513 shares of the company’s stock valued at $201,658,000 after buying an additional 1,010,457 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on KR shares. Citigroup lifted their price objective on shares of Kroger from $68.00 to $71.00 and gave the company a “neutral” rating in a report on Monday, March 9th. BMO Capital Markets reissued a “market perform” rating and issued a $70.00 price target on shares of Kroger in a report on Thursday, March 5th. Guggenheim reissued a “buy” rating and issued a $78.00 price target on shares of Kroger in a report on Tuesday, February 10th. Jefferies Financial Group reissued a “buy” rating and issued a $82.00 price target on shares of Kroger in a report on Thursday, March 5th. Finally, Wells Fargo & Company lowered shares of Kroger from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $70.00 to $68.00 in a report on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $74.87.

Kroger Trading Down 1.6%

Shares of KR opened at $63.65 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 2.66. The Kroger Co. has a 12-month low of $58.60 and a 12-month high of $76.58. The firm has a 50-day moving average price of $68.78 and a 200 day moving average price of $66.79. The firm has a market capitalization of $38.99 billion, a P/E ratio of 41.60, a P/E/G ratio of 1.72 and a beta of 0.46.

Kroger (NYSE:KR) last announced its quarterly earnings data on Thursday, March 5th. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The firm had revenue of $34.73 billion during the quarter, compared to analyst estimates of $35.10 billion. During the same quarter in the prior year, the firm posted $1.14 earnings per share. Kroger’s quarterly revenue was up 1.2% on a year-over-year basis. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Sell-side analysts forecast that The Kroger Co. will post 5.24 EPS for the current year.

Kroger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a $0.35 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.40 dividend on an annualized basis and a yield of 2.2%. Kroger’s dividend payout ratio is presently 91.50%.

Kroger Company Profile

The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.

In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.