The Kraft Heinz Company (KHC) Position Reduced by Neville Rodie & Shaw Inc

Lloyd Doyle
November 18, 2017

The Kraft Heinz Company most recently reported earnings per share (EPS) of $0.83 for the September 2017 versus $0.83 in the same quarter past year, representing 0% growth. The firm owned 96,642 shares of the company's stock after buying an additional 2,820 shares during the period. Neville Rodie & Shaw Inc.'s holdings in The Kraft Heinz were worth $282,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. V Wealth Management LLC purchased a new stake in shares of The Kraft Heinz during the 2nd quarter valued at approximately $125,000. Pennsylvania Trust Co raised its stake in The Kraft Heinz by 8.9% during the second quarter.

When considering a stock buy, many investors seek to know what Wall Street analysts are saying about the company - by looking at the average analyst rating, for example. Navellier & Associates Inc now owns 21,160 shares of the company's stock worth $1,922,000 after buying an additional 2,038 shares during the last quarter. Creative Planning raised its stake in The Kraft Heinz by 1.9% during the second quarter. Finally, Green Valley Investors LLC grew its position in The Kraft Heinz by 153.4% in the second quarter. Kraft Heinz Co Cmn now has a P/E ratio of 24.60 and market capitalization is 96.17B. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark legislation. The original version of this story can be accessed at https://stocknewstimes.com/2017/11/18/the-kraft-heinz-company-khc-position-reduced-by-neville-rodie-shaw-inc.html.

KHC has been the topic of several recent analyst reports. As per Monday, August 17, the company rating was upgraded by Vetr. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. Credit Suisse Group set a $100.00 target price on shares of The Kraft Heinz and gave the stock a "buy" rating in a research note on Sunday, September 10th. The rating was maintained by UBS on Friday, October 13 with "Buy". The stock has an average rating of "Buy" and an average target price of $92.49. Ltd. lifted its stake in shares of The Kraft Heinz by 287.9% during the 2nd quarter. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.43 and a current ratio of 0.77. Desjardins increased their price objective on shares of Kraft Heinz Foods from $16.00 to $18.70 in a research note on Wednesday, November 1st. The company has market cap of $97.01 billion.


US based company The Kraft Heinz Company (KHC)'s latest closing price was -7.85% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 1.34% and 2.31% compared with the 20 Day Moving Average. The company reported $0.83 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.83. When it comes to net revenue, the average estimate from a total of 10 analysts is 4.7 billion - compared to $4.75 billion posted in the year-ago period. During the same quarter in the previous year, the company posted $0.83 earnings per share.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. It has a dividend yield of 3.14%. The ex-dividend date is Thursday, November 16th. Relative volume is ratio between current volume and 3-month average value, intraday adjusted.

The Kraft Heinz Company is a food and beverage company. The Company's segments include the United States, Canada and Europe.

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