The Kroger Co. $KR Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of The Kroger Co. (NYSE:KR) by 7.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 684,953 shares of the company’s stock after purchasing an additional 44,619 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Kroger were worth $46,173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. SOA Wealth Advisors LLC. raised its position in shares of Kroger by 6,840.0% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 347 shares of the company’s stock worth $25,000 after purchasing an additional 342 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Kroger during the 2nd quarter worth approximately $28,000. Rossby Financial LCC acquired a new position in shares of Kroger during the second quarter valued at approximately $29,000. Whipplewood Advisors LLC raised its holdings in shares of Kroger by 10,425.0% during the second quarter. Whipplewood Advisors LLC now owns 421 shares of the company’s stock valued at $30,000 after acquiring an additional 417 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of Kroger by 87.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 445 shares of the company’s stock valued at $32,000 after acquiring an additional 208 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Barclays set a $68.00 price target on Kroger and gave the stock an “equal weight” rating in a research report on Thursday, January 8th. Guggenheim reaffirmed a “buy” rating and set a $78.00 target price on shares of Kroger in a report on Wednesday, November 19th. Wall Street Zen cut shares of Kroger from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. JPMorgan Chase & Co. decreased their price target on shares of Kroger from $73.00 to $71.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Kroger from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a research note on Thursday, January 8th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Kroger currently has a consensus rating of “Moderate Buy” and an average price target of $73.80.

Kroger Stock Up 1.2%

Shares of KR opened at $63.92 on Thursday. The Kroger Co. has a 52-week low of $58.15 and a 52-week high of $74.90. The company has a quick ratio of 0.45, a current ratio of 0.88 and a debt-to-equity ratio of 2.28. The stock has a fifty day simple moving average of $63.62 and a two-hundred day simple moving average of $66.83. The company has a market capitalization of $40.45 billion, a PE ratio of 59.18, a price-to-earnings-growth ratio of 1.77 and a beta of 0.61.

Kroger (NYSE:KR) last announced its quarterly earnings results on Thursday, December 4th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.02. Kroger had a net margin of 0.54% and a return on equity of 38.06%. The firm had revenue of $33.86 billion for the quarter, compared to analysts’ expectations of $34.27 billion. During the same quarter in the previous year, the company posted $0.98 EPS. The company’s revenue was up .7% compared to the same quarter last year. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. As a group, equities analysts forecast that The Kroger Co. will post 4.44 EPS for the current year.

About Kroger

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.