Private Advisor Group LLC increased its position in Kroger Co (NYSE:KR) by 24.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,517 shares of the company’s stock after acquiring an additional 7,467 shares during the quarter. Private Advisor Group LLC’s holdings in Kroger were worth $781,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in KR. IHT Wealth Management LLC lifted its position in Kroger by 122.1% during the second quarter. IHT Wealth Management LLC now owns 2,770 shares of the company’s stock valued at $376,000 after purchasing an additional 1,523 shares during the last quarter. Dupont Capital Management Corp bought a new stake in Kroger during the second quarter valued at approximately $105,000. Howe & Rusling Inc. bought a new stake in Kroger during the third quarter valued at approximately $103,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in Kroger by 497.2% during the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 5,273 shares of the company’s stock valued at $129,000 after purchasing an additional 4,390 shares during the last quarter. Finally, Mountain Capital Investment Advisors Inc bought a new stake in Kroger during the second quarter valued at approximately $128,000. Institutional investors own 79.10% of the company’s stock.

Kroger Co (NYSE:KR) opened at $26.68 on Friday. The company has a market cap of $23,732.45, a P/E ratio of 13.75, a price-to-earnings-growth ratio of 3.52 and a beta of 0.92. Kroger Co has a one year low of $19.69 and a one year high of $36.44. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.31 and a current ratio of 0.85.

Kroger (NYSE:KR) last posted its quarterly earnings results on Thursday, November 30th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. The firm had revenue of $27.75 billion for the quarter, compared to the consensus estimate of $27.48 billion. Kroger had a net margin of 1.31% and a return on equity of 28.60%. The business’s revenue was up 4.5% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. sell-side analysts predict that Kroger Co will post 2.02 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Wednesday, November 15th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 1.87%. The ex-dividend date of this dividend was Tuesday, November 14th. Kroger’s payout ratio is 29.76%.

In related news, Director Jorge P. Montoya sold 10,000 shares of Kroger stock in a transaction on Monday, December 4th. The shares were sold at an average price of $26.98, for a total value of $269,800.00. Following the transaction, the director now directly owns 108,910 shares of the company’s stock, valued at $2,938,391.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Carin L. Fike sold 1,538 shares of Kroger stock in a transaction on Friday, December 1st. The stock was sold at an average price of $25.61, for a total transaction of $39,388.18. Following the completion of the transaction, the vice president now directly owns 25,956 shares in the company, valued at $664,733.16. The disclosure for this sale can be found here. 0.85% of the stock is owned by insiders.

Several brokerages have issued reports on KR. Jefferies Group reiterated a “hold” rating on shares of Kroger in a research report on Friday, August 25th. BidaskClub lowered shares of Kroger from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th. Wells Fargo & Company reiterated an “outperform” rating and set a $26.00 target price on shares of Kroger in a research report on Friday, November 3rd. Zacks Investment Research lowered shares of Kroger from a “hold” rating to a “strong sell” rating in a research report on Monday, October 16th. Finally, Goldman Sachs Group reiterated a “neutral” rating and set a $22.00 target price on shares of Kroger in a research report on Tuesday, November 14th. Eighteen research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Kroger has a consensus rating of “Hold” and an average price target of $29.16.

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Kroger Company Profile

The Kroger Co (Kroger) manufactures and processes food for sale in its supermarkets. The Company operates supermarkets, multi-department stores, jewelry stores and convenience stores throughout the United States. As of January 28, 2017, it had operated approximately 4,000 owned or leased supermarkets, convenience stores, fine jewelry stores, distribution warehouses and food production plants through divisions, subsidiaries or affiliates.

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Institutional Ownership by Quarter for Kroger (NYSE:KR)

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