Personal CFO Solutions LLC Has $852,000 Stake in Kraft Heinz Company $KHC

Personal CFO Solutions LLC increased its position in Kraft Heinz Company (NASDAQ:KHC) by 186.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,898 shares of the company’s stock after purchasing an additional 24,661 shares during the quarter. Personal CFO Solutions LLC’s holdings in Kraft Heinz were worth $852,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Graney & King LLC raised its stake in shares of Kraft Heinz by 20.5% in the 4th quarter. Graney & King LLC now owns 2,560 shares of the company’s stock valued at $62,000 after buying an additional 435 shares in the last quarter. V Square Quantitative Management LLC boosted its position in shares of Kraft Heinz by 3.2% during the 4th quarter. V Square Quantitative Management LLC now owns 14,892 shares of the company’s stock valued at $361,000 after acquiring an additional 458 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in Kraft Heinz by 1.7% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 29,623 shares of the company’s stock valued at $718,000 after acquiring an additional 490 shares during the period. New England Capital Financial Advisors LLC increased its stake in Kraft Heinz by 70.2% in the fourth quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock valued at $30,000 after acquiring an additional 511 shares during the period. Finally, Deseret Mutual Benefit Administrators raised its position in Kraft Heinz by 6.6% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 8,281 shares of the company’s stock worth $201,000 after purchasing an additional 515 shares in the last quarter. Institutional investors and hedge funds own 78.17% of the company’s stock.

Analyst Upgrades and Downgrades

KHC has been the topic of a number of recent research reports. Zacks Research raised Kraft Heinz from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. BTIG Research started coverage on Kraft Heinz in a research report on Monday, April 13th. They set a “neutral” rating for the company. TD Cowen decreased their price target on Kraft Heinz from $24.00 to $20.00 and set a “hold” rating on the stock in a research note on Wednesday, March 25th. Morgan Stanley set a $22.00 price target on Kraft Heinz in a research report on Thursday, April 23rd. Finally, Jefferies Financial Group dropped their price objective on Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, Kraft Heinz has a consensus rating of “Reduce” and an average price target of $23.00.

Insider Buying and Selling at Kraft Heinz

In other news, insider Diana Frost sold 18,502 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $23.05, for a total value of $426,471.10. Following the completion of the transaction, the insider owned 102,667 shares in the company, valued at $2,366,474.35. This represents a 15.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.24% of the stock is owned by company insiders.

Kraft Heinz Trading Down 1.0%

Shares of NASDAQ KHC opened at $24.68 on Friday. Kraft Heinz Company has a 1-year low of $21.03 and a 1-year high of $29.19. The company has a market cap of $29.27 billion, a PE ratio of -5.08 and a beta of 0.09. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average of $23.62 and a two-hundred day moving average of $23.46.

Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.The firm had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.89 billion. During the same period last year, the company earned $0.62 earnings per share. The company’s revenue was up .8% on a year-over-year basis. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, equities analysts expect that Kraft Heinz Company will post 2.07 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 5th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Friday, June 5th. Kraft Heinz’s payout ratio is -32.92%.

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.