The Kraft Heinz Company (KHC) Holdings Lifted by Atlantic Trust Group LLC

Leslie Hanson
October 17, 2017

Ltd. now owns 1,280 shares of the company's stock valued at $110,000 after acquiring an additional 950 shares in the last quarter. FMR LLC now owns 11,516,822 shares of the company's stock worth $986,301,000 after purchasing an additional 2,659,846 shares during the last quarter.

Hedge funds and other institutional investors own 61.80% of the company's stock. Vanguard Group Inc. grew its holdings in shares of The Kraft Heinz by 1.2% in the second quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of The Kraft Heinz in the first quarter worth about $136,000. This is a boost from The Kraft Heinz's previous quarterly dividend of $0.60. National Asset Management Inc. now owns 4,477 shares of the company's stock worth $408,000 after buying an additional 21 shares during the last quarter. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC increased its holdings in shares of The Kraft Heinz by 7.0% in the first quarter. The value in dollars went from $4,799,000 to $4,302,000 a change of $497,000 since the last quarter. The Company's products are sold through its own sales organizations and through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries and pharmacies.

COPYRIGHT VIOLATION NOTICE: This story was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & global copyright legislation. The original version of this story can be accessed at The stock of Kraft Heinz Co (NASDAQ:KHC) has "Hold" rating given on Sunday, July 9 by Susquehanna.

The Kraft Heinz Company (KHC) have shown a high EPS growth of 24.30% in the last 5 years. The stock's last price was lower from the average trading price of 50 days recorded at $81.58 while enlarging the period to 200 trading days, the average price was $87.62. AGNC Investment Corp. (NASDAQ:AGNC), at its latest closing price of $21.76, it has a price-to-book ratio of 0.00, compared to an industry average at 0.55. Kraft Heinz Co (NASDAQ:KHC) has risen 8.77% since October 15, 2016 and is uptrending. The company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.96 by $0.02. The firm had revenue of $6.68 billion for the quarter, compared to analysts' expectations of $6.73 billion. Kraft Heinz had a net margin of 14.00% and a return on equity of 6.22%. The firm's revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter a year ago, the business earned $0.85 EPS. The volume of RF witnessed a shift from 9.73 million shares, based on a 50-day average, to 13.13 million shares.

In an analyst note shared with investors this morning, UBS kept their "Buy" rating on Kraft Heinz (NASDAQ:KHC) shares.

On October 13 Morgan Stanley held the company rating at "Overweight" and lowered the price target from $100.00 to $92.00. The rating was initiated by Deutsche Bank on Wednesday, February 15 with "Buy".

08/04/2017 - Kraft Heinz had its "neutral" rating reiterated by analysts at Susquehanna. Goldman Sachs downgraded Kraft Heinz Co (NASDAQ:KHC) rating on Wednesday, October 4.

In the most updated research from a number of analysts on Wall Street, the company gets 5 Buys and 3 Sell among 28 analysts. $94.11's average target is 21.06% above currents $77.74 stock price.

The Kraft Heinz Company (Kraft Heinz), launched on February 8, 2013, 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.

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