FDx Advisors Inc. Boosts Position in Kroger Company (The) (KR)

FDx Advisors Inc. boosted its holdings in shares of Kroger Company (The) (NYSE:KR) by 30.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,968 shares of the company’s stock after purchasing an additional 25,392 shares during the period. FDx Advisors Inc.’s holdings in Kroger Company (The) were worth $2,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Savant Capital LLC lifted its position in Kroger Company (The) by 0.9% during the second quarter. Savant Capital LLC now owns 10,617 shares of the company’s stock valued at $248,000 after purchasing an additional 90 shares during the period. Peapack Gladstone Financial Corp raised its position in shares of Kroger Company (The) by 1.4% in the second quarter. Peapack Gladstone Financial Corp now owns 11,343 shares of the company’s stock worth $265,000 after acquiring an additional 154 shares during the period. Pettyjohn Wood & White Inc. raised its position in shares of Kroger Company (The) by 0.4% in the second quarter. Pettyjohn Wood & White Inc. now owns 52,201 shares of the company’s stock worth $1,217,000 after acquiring an additional 191 shares during the period. Citizens Financial Group Inc RI raised its position in shares of Kroger Company (The) by 4.3% in the second quarter. Citizens Financial Group Inc RI now owns 6,165 shares of the company’s stock worth $144,000 after acquiring an additional 255 shares during the period. Finally, Calamos Wealth Management LLC raised its position in shares of Kroger Company (The) by 0.8% in the second quarter. Calamos Wealth Management LLC now owns 35,067 shares of the company’s stock worth $818,000 after acquiring an additional 275 shares during the period. Institutional investors own 75.59% of the company’s stock.

Kroger Company (KR) traded up $0.13 during trading on Friday, hitting $22.08. 8,591,300 shares of the stock traded hands, compared to its average volume of 12,659,682. Kroger Company has a twelve month low of $19.69 and a twelve month high of $36.44. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.33 and a current ratio of 0.87. The stock has a market cap of $19,640.64, a PE ratio of 11.56, a price-to-earnings-growth ratio of 1.70 and a beta of 0.82.

Kroger Company (The) (NYSE:KR) last posted its quarterly earnings results on Friday, September 8th. The company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. Kroger Company (The) had a net margin of 1.32% and a return on equity of 28.04%. The business had revenue of $27.60 billion during the quarter, compared to analysts’ expectations of $27.48 billion. During the same quarter in the prior year, the company posted $0.47 EPS. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. research analysts forecast that Kroger Company will post 2 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be paid a $0.125 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.50 annualized dividend and a dividend yield of 2.26%. Kroger Company (The)’s dividend payout ratio (DPR) is 30.30%.

A number of research analysts have weighed in on KR shares. Northcoast Research upgraded shares of Kroger Company (The) from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Royal Bank Of Canada reiterated an “overweight” rating on shares of Kroger Company (The) in a research report on Thursday, September 7th. BidaskClub upgraded shares of Kroger Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Vetr downgraded shares of Kroger Company (The) from a “strong-buy” rating to a “buy” rating and set a $26.26 price objective for the company. in a research report on Tuesday, July 25th. Finally, Zacks Investment Research upgraded shares of Kroger Company (The) from a “sell” rating to a “hold” rating in a research report on Friday. Nineteen equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Kroger Company (The) currently has an average rating of “Hold” and a consensus target price of $29.14.

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Kroger Company (The) 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.

Institutional Ownership by Quarter for Kroger Company (The) (NYSE:KR)

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