Cwm LLC Has $1.89 Million Holdings in The Kroger Co. (NYSE:KR)

Cwm LLC boosted its holdings in The Kroger Co. (NYSE:KR) by 0.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,017 shares of the company’s stock after buying an additional 253 shares during the quarter. Cwm LLC’s holdings in Kroger were worth $1,892,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Creekmur Asset Management LLC acquired a new stake in Kroger in the fourth quarter valued at about $26,000. Valued Wealth Advisors LLC boosted its stake in Kroger by 255.6% in the first quarter. Valued Wealth Advisors LLC now owns 448 shares of the company’s stock valued at $26,000 after buying an additional 322 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in shares of Kroger during the fourth quarter valued at about $28,000. Hexagon Capital Partners LLC boosted its stake in shares of Kroger by 101.6% during the first quarter. Hexagon Capital Partners LLC now owns 496 shares of the company’s stock valued at $28,000 after purchasing an additional 250 shares in the last quarter. Finally, Altshuler Shaham Ltd acquired a new stake in shares of Kroger during the second quarter valued at about $28,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Kroger Trading Down 0.1 %

NYSE KR opened at $55.31 on Tuesday. The company has a market cap of $39.92 billion, a price-to-earnings ratio of 18.88, a P/E/G ratio of 0.87 and a beta of 0.47. The Kroger Co. has a 52 week low of $42.10 and a 52 week high of $58.34. The business has a 50 day moving average price of $54.25 and a 200-day moving average price of $53.87. The company has a quick ratio of 0.46, a current ratio of 0.87 and a debt-to-equity ratio of 0.96.

Kroger (NYSE:KR) last released its quarterly earnings data on Thursday, September 12th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. The firm had revenue of $33.91 billion during the quarter, compared to the consensus estimate of $34.09 billion. Kroger had a return on equity of 28.54% and a net margin of 1.86%. The company’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.96 earnings per share. As a group, equities analysts expect that The Kroger Co. will post 4.46 earnings per share for the current fiscal year.

Kroger Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, December 1st. Investors of record on Friday, November 15th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.28 annualized dividend and a dividend yield of 2.31%. Kroger’s payout ratio is 43.69%.

Insider Activity at Kroger

In other Kroger news, VP Brian W. Nichols sold 2,000 shares of the business’s stock in a transaction on Friday, July 19th. The stock was sold at an average price of $54.53, for a total value of $109,060.00. Following the transaction, the vice president now owns 18,063 shares of the company’s stock, valued at approximately $984,975.39. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Kroger news, VP Brian W. Nichols sold 2,000 shares of the business’s stock in a transaction on Friday, July 19th. The stock was sold at an average price of $54.53, for a total value of $109,060.00. Following the sale, the vice president now directly owns 18,063 shares in the company, valued at $984,975.39. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Brian W. Nichols sold 6,922 shares of the business’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $55.80, for a total value of $386,247.60. Following the completion of the sale, the vice president now owns 14,063 shares in the company, valued at approximately $784,715.40. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,932 shares of company stock valued at $830,303 over the last 90 days. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

KR has been the topic of a number of recent research reports. Melius Research initiated coverage on Kroger in a research note on Monday, September 23rd. They set a “hold” rating and a $55.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on Kroger from $58.00 to $59.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. Evercore ISI lifted their price target on Kroger from $62.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, September 13th. Morgan Stanley lifted their price target on Kroger from $57.00 to $58.00 and gave the company an “equal weight” rating in a research note on Friday, September 13th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $62.00 price objective on shares of Kroger in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $59.36.

Kroger Profile

The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.