55,379 Shares in Kraft Heinz Company $KHC Acquired by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC bought a new stake in Kraft Heinz Company (NASDAQ:KHC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 55,379 shares of the company’s stock, valued at approximately $1,343,000.

A number of other institutional investors have also made changes to their positions in the business. Rakuten Securities Inc. increased its position in Kraft Heinz by 172.4% in the 2nd quarter. Rakuten Securities Inc. now owns 1,245 shares of the company’s stock valued at $32,000 after acquiring an additional 788 shares in the last quarter. Cape Investment Advisory Inc. lifted its position in shares of Kraft Heinz by 164.7% during the second quarter. Cape Investment Advisory Inc. now owns 1,297 shares of the company’s stock worth $33,000 after purchasing an additional 807 shares in the last quarter. Anfield Capital Management LLC lifted its position in shares of Kraft Heinz by 256.7% during the third quarter. Anfield Capital Management LLC now owns 1,270 shares of the company’s stock worth $33,000 after purchasing an additional 914 shares in the last quarter. Sentry Investment Management LLC bought a new stake in shares of Kraft Heinz during the third quarter valued at approximately $38,000. Finally, Albion Financial Group UT bought a new stake in shares of Kraft Heinz during the third quarter valued at approximately $43,000. 78.17% of the stock is owned by institutional investors.

Insider Buying and Selling at Kraft Heinz

In other Kraft Heinz news, insider Cory Onell sold 9,045 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $24.61, for a total value of $222,597.45. Following the sale, the insider owned 202,454 shares in the company, valued at approximately $4,982,392.94. The trade was a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.35% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Mizuho dropped their price objective on shares of Kraft Heinz from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, February 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Kraft Heinz in a research report on Thursday, January 22nd. JPMorgan Chase & Co. dropped their target price on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a research report on Wednesday, March 25th. TD Cowen reaffirmed a “hold” rating on shares of Kraft Heinz in a research note on Thursday, February 12th. Finally, Wells Fargo & Company cut their price target on Kraft Heinz from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $24.44.

Kraft Heinz Price Performance

Shares of KHC opened at $22.49 on Wednesday. The stock has a market cap of $26.62 billion, a P/E ratio of -4.55 and a beta of 0.06. Kraft Heinz Company has a 1 year low of $21.03 and a 1 year high of $31.15. The stock’s 50-day moving average price is $23.51 and its two-hundred day moving average price is $24.38. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Kraft Heinz (NASDAQ:KHC) last issued its earnings results on Wednesday, February 11th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. The firm had revenue of $6.35 billion during the quarter, compared to the consensus estimate of $6.38 billion. Kraft Heinz had a negative net margin of 23.44% and a positive return on equity of 7.07%. The business’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.84 earnings per share. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. On average, equities analysts predict that Kraft Heinz Company will post 2.68 earnings per share for the current year.

Kraft Heinz Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 6th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Friday, March 6th. Kraft Heinz’s payout ratio is -32.39%.

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.