denkapparat Operations GmbH Purchases 10,558 Shares of The Kroger Co. $KR

denkapparat Operations GmbH boosted its holdings in The Kroger Co. (NYSE:KR) by 257.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,666 shares of the company’s stock after purchasing an additional 10,558 shares during the quarter. denkapparat Operations GmbH’s holdings in Kroger were worth $989,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in KR. Brighton Jones LLC lifted its position in Kroger by 27.3% in the 4th quarter. Brighton Jones LLC now owns 15,733 shares of the company’s stock valued at $962,000 after acquiring an additional 3,373 shares in the last quarter. Woodline Partners LP raised its stake in shares of Kroger by 40.7% in the first quarter. Woodline Partners LP now owns 56,243 shares of the company’s stock worth $3,807,000 after purchasing an additional 16,270 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Kroger in the second quarter valued at approximately $201,000. Harbour Investments Inc. lifted its holdings in shares of Kroger by 15.2% in the second quarter. Harbour Investments Inc. now owns 7,478 shares of the company’s stock valued at $536,000 after purchasing an additional 988 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Kroger during the second quarter valued at approximately $120,965,000. 80.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Morgan Stanley set a $67.00 price objective on Kroger and gave the company an “equal weight” rating in a research note on Thursday, January 15th. BMO Capital Markets reissued a “market perform” rating on shares of Kroger in a research report on Monday, February 9th. Guggenheim reaffirmed a “buy” rating and issued a $78.00 price objective on shares of Kroger in a research report on Tuesday, February 10th. Telsey Advisory Group reiterated an “outperform” rating and issued a $80.00 price objective on shares of Kroger in a research note on Monday, February 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kroger in a research report on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Kroger currently has a consensus rating of “Moderate Buy” and an average price target of $74.07.

Kroger Stock Up 1.5%

KR opened at $71.17 on Monday. The Kroger Co. has a twelve month low of $58.60 and a twelve month high of $74.90. The company’s 50-day moving average price is $63.45 and its two-hundred day moving average price is $66.13. The stock has a market cap of $45.04 billion, a price-to-earnings ratio of 65.90, a PEG ratio of 1.81 and a beta of 0.62. The company has a quick ratio of 0.45, a current ratio of 0.88 and a debt-to-equity ratio of 2.28.

Kroger (NYSE:KR) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. Kroger had a net margin of 0.54% and a return on equity of 38.06%. The company 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 firm posted $0.98 EPS. Kroger’s revenue was up .7% on a year-over-year basis. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. As a group, equities analysts expect that The Kroger Co. will post 4.44 earnings per share for the current year.

Kroger Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Friday, February 13th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, February 13th. Kroger’s payout ratio is currently 129.63%.

Kroger Company Profile

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.