S. R. Schill & Associates continued to hold its stake in The Kraft Heinz Company (NASDAQ:KHC) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,524 shares of the company’s stock at the end of the first quarter. S. R. Schill & Associates’ holdings in The Kraft Heinz were worth $502,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Rockefeller Financial Services Inc. raised its stake in shares of The Kraft Heinz by 240.2% in the first quarter. Rockefeller Financial Services Inc. now owns 1,133 shares of the company’s stock valued at $103,000 after buying an additional 800 shares during the period. Bollard Group LLC raised its stake in shares of The Kraft Heinz by 0.7% in the first quarter. Bollard Group LLC now owns 1,149 shares of the company’s stock valued at $104,000 after buying an additional 8 shares during the period. Crestwood Advisors Group LLC bought a new stake in shares of The Kraft Heinz during the first quarter valued at approximately $109,000. Blue Chip Partners Inc. raised its stake in shares of The Kraft Heinz by 0.5% in the first quarter. Blue Chip Partners Inc. now owns 1,476 shares of the company’s stock valued at $134,000 after buying an additional 8 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of The Kraft Heinz during the first quarter valued at approximately $136,000. 61.88% of the stock is currently owned by institutional investors.

The Kraft Heinz Company (NASDAQ KHC) traded up 0.55% during trading on Wednesday, hitting $86.59. 528,309 shares of the stock traded hands. The firm has a 50-day moving average price of $85.96 and a 200 day moving average price of $89.74. The Kraft Heinz Company has a 12 month low of $79.69 and a 12 month high of $97.77. The firm has a market cap of $105.49 billion, a PE ratio of 27.75 and a beta of 0.44.

The Kraft Heinz (NASDAQ:KHC) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.02. The Kraft Heinz had a net margin of 14.67% and a return on equity of 7.52%. The firm had revenue of $6.68 billion for the quarter, compared to the consensus estimate of $6.73 billion. During the same period last year, the firm earned $0.85 earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. On average, equities analysts forecast that The Kraft Heinz Company will post $3.24 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 18th will be paid a dividend of $0.625 per share. The ex-dividend date is Wednesday, August 16th. This is an increase from The Kraft Heinz’s previous quarterly dividend of $0.60. This represents a $2.50 dividend on an annualized basis and a dividend yield of 2.88%. The Kraft Heinz’s dividend payout ratio (DPR) is currently 76.68%.

COPYRIGHT VIOLATION WARNING: “The Kraft Heinz Company (KHC) Position Maintained by S. R. Schill & Associates” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this piece of content can be viewed at https://www.watchlistnews.com/the-kraft-heinz-company-khc-position-maintained-by-s-r-schill-associates/1495182.html.

Several analysts have commented on KHC shares. Credit Suisse Group restated an “outperform” rating on shares of The Kraft Heinz in a report on Sunday, April 23rd. BidaskClub lowered shares of The Kraft Heinz from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Zacks Investment Research lowered shares of The Kraft Heinz from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Consumer Edge upgraded shares of The Kraft Heinz to an “overweight” rating in a report on Thursday, May 4th. Finally, Susquehanna Bancshares Inc restated a “neutral” rating and issued a $91.00 price objective (down from $99.00) on shares of The Kraft Heinz in a report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $97.31.

About The Kraft Heinz

The Kraft Heinz Company is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s segments include the United States, Canada and Europe.

Want to see what other hedge funds are holding KHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Kraft Heinz Company (NASDAQ:KHC).

Institutional Ownership by Quarter for The Kraft Heinz (NASDAQ:KHC)

Receive News & Ratings for The Kraft Heinz Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Kraft Heinz Company and related companies with Analyst Ratings Network's FREE daily email newsletter.