Nomura Asset Management Co. Ltd. Has $17.65 Million Stock Position in The Kroger Co. $KR

Nomura Asset Management Co. Ltd. decreased its holdings in shares of The Kroger Co. (NYSE:KR) by 17.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 282,530 shares of the company’s stock after selling 57,929 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Kroger were worth $17,652,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of KR. Ares Financial Consulting LLC acquired a new position in Kroger in the 4th quarter valued at $25,000. Princeton Global Asset Management LLC grew its stake in Kroger by 268.1% in the 4th quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock valued at $26,000 after buying an additional 303 shares during the last quarter. Avalon Trust Co acquired a new position in Kroger in the 3rd quarter valued at $29,000. Lloyd Advisory Services LLC. acquired a new position in Kroger in the 4th quarter valued at $28,000. Finally, JPL Wealth Management LLC acquired a new position in Kroger in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on KR shares. Wolfe Research reiterated an “outperform” rating and issued a $75.00 target price on shares of Kroger in a research note on Thursday, March 5th. Morgan Stanley set a $73.00 target price on shares of Kroger and gave the company an “equal weight” rating in a research note on Thursday, March 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kroger in a research note on Friday, March 27th. Roth Mkm reiterated a “buy” rating and issued a $78.00 target price (up from $75.00) on shares of Kroger in a research note on Friday, March 6th. Finally, Wall Street Zen upgraded shares of Kroger from a “hold” rating to a “buy” rating in a research note on Saturday, April 4th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Kroger presently has a consensus rating of “Moderate Buy” and an average price target of $74.87.

Kroger Price Performance

Shares of Kroger stock opened at $61.48 on Tuesday. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42. The Kroger Co. has a fifty-two week low of $58.60 and a fifty-two week high of $76.58. The firm has a fifty day moving average price of $68.31 and a two-hundred day moving average price of $66.74. The company has a market cap of $37.67 billion, a PE ratio of 40.19, a price-to-earnings-growth ratio of 1.65 and a beta of 0.43.

Kroger (NYSE:KR) last issued its quarterly earnings results on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.08. The firm had revenue of $34.73 billion during the quarter, compared to the consensus estimate of $35.10 billion. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The business’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.14 EPS. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Analysts expect that The Kroger Co. will post 5.24 EPS for the current year.

Kroger Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, May 15th. Kroger’s dividend payout ratio (DPR) is presently 91.50%.

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.