UO Reading Underneath 40 for KRAFT HEINZ CO.DL -01

Kraft Heinz Company

First Manhattan Co.'s holdings in The Kraft Heinz were worth $35,769,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in KHC. Eqis Capital Management Inc. now owns 15,167 shares of the company's stock valued at $1,377,000 after purchasing an additional 2,904 shares during the period. Insider ownership during the a year ago has increased by a net of 215488 shares. FMR LLC boosted its holdings in shares of The Kraft Heinz by 9.8% in the first quarter. This trend has crafted a unified opinion across the trading floor and it is clear that the overall guidance for the stock is now established as raised. Vanguard Group Inc. raised its position in shares of The Kraft Heinz by 3.9% during the 1st quarter. Alpha Cubed Investments LLC now owns 16,214 shares of the company's stock valued at $1,472,000 after purchasing an additional 12,809 shares during the period. BlackRock Inc. lifted its stake in shares of The Kraft Heinz by 2,314.8% in the 1st quarter. Shares of KRAFT HEINZ CO.DL -01 (KHNZ.DE) have a 7-day moving average of 66.29. KHC's latest closing price was -11.42% away from the average price of 200 days while it maintained a distance of -6.34% from the 50 Day Moving Average and -2.68% away compared to its SMA 20. The stock has a market cap of $94.84 billion, a price-to-earnings ratio of 24.95 and a beta of 0.44. The Kraft Heinz Company has a 12-month low of $76.89 and a 12-month high of $97.77.

Among 13 analysts covering Kraft Heinz (NASDAQ:KHC), 8 have Buy rating, 0 Sell and 5 Hold. After $0.14 actual earnings per share reported by Investors Bancorp, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth. 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 analyst estimates of $6.73 billion. They expect $0.57 EPS, up 23.91% or $0.11 from last year's $0.46 per share. The business's revenue was down 1.7% on a year-over-year basis. After having $0.98 EPS previously, Kraft Heinz Co's analysts see -15.31 % EPS growth. The ex-dividend date was Wednesday, August 16th. The firm has dividend yield of 5.94% that is also considered as effective indicator.

The Kraft Heinz Company is a food and beverage company.


Currently, the 14-day ADX for Kraft Heinz Co (KHC) is sitting at 45.46.

KHC has been the topic of several research reports. Stifel Nicolaus maintained it with "Buy" rating and $95.0 target in Monday, September 18 report. Finally, Berenberg Bank set a $102.00 price target on shares of The Kraft Heinz and gave the company a "buy" rating in a report on Monday, August 7th. A 3 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:ATU) or, if they already own its stock, sell it. Finally, BMO Capital Markets reissued a "hold" rating and issued a $96.00 price objective on shares of The Kraft Heinz in a research note on Wednesday, September 6th. Waldron LP now owns 4,518 shares of the company's stock worth $410,000 after purchasing an additional 247 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: "Train Babcock Advisors LLC Lowers Position in The Kraft Heinz Company (KHC)" was first published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are accessing this report on another publication, it was stolen and reposted in violation of US & worldwide copyright laws. Zacks Investment Research upgraded The Kraft Heinz from a "sell" rating to a "hold" rating in a report on Tuesday, September 12th.

Investors may be trying to get an edge by following current technical levels for Kraft Heinz Co (KHC).

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