The Kraft Heinz Company (KHC) Shares Sold by HighTower Advisors LLC

Capri Sun and Oscar Mayer cold cuts Kraft Heinz

Capri Sun and Oscar Mayer cold cuts Kraft Heinz

The Kraft Heinz Company (NASDAQ:KHC)'s stock had its "outperform" rating reaffirmed by analysts at Credit Suisse Group in a report released on Thursday.

Shares of Kraft Heinz Co. This assists to give a return figure that has a stronger focus on the most current period and is thus a better measure for short-term analysis. On average, equities research analysts predict that Kraft Heinz Co. will post $3.24 earnings per share for the current fiscal year. "Soft spending by US shoppers and shift in consumer preference toward natural and organic ingredients over packaged and processed food are further hurting the company's categories".

Over the past 50 days, The Kraft Heinz Company stock's -7.79% off of the high and 3.71% removed from the low. Reilly Financial Advisors LLC now owns 1,631 shares of the company's stock worth $140,000 after acquiring an additional 134 shares during the period. Zacks Investment Research cut The Kraft Heinz from a "hold" rating to a "sell" rating in a report on Tuesday, August 8th. Enterprise Financial Services Corp boosted its position in Kraft Heinz by 8.5% in the second quarter.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.7 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. The company presently has a consensus rating of Buy and a consensus price target of $92.49.

The Kraft Heinz Company (NASDAQ:KHC)'s latest quote $77.7 $0.61 0.48% will find technical support in $77.23 a share and a breakdown below this region would be a significantly bearish signal for The Kraft Heinz Company traders. The company has a current ratio of 0.77, a quick ratio of 0.55 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $95.06 billion, a PE ratio of 21.92, a PEG ratio of 1.98 and a beta of 0.43.

The Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $0.83 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.83. The Higher end of the revenue forecast is $7.06 Billion, while the Lower end of the forecast is $6.83 Billion. Kraft Heinz had a net margin of 6.87% and a return on equity of 5.78%. Once understood where The Kraft Heinz Company lies, begin comparing it against other specific companies in the Food - Major Diversified to begin searching for value. The institutional investor owned 348,528 shares of the company's stock after selling 17,336 shares during the period. If you are viewing this story on another domain, it was stolen and reposted in violation of U.S. & global copyright and trademark law. Stockholders of record on Friday, August 26th were paid a $0.60 dividend. The ex-dividend date of this dividend is Thursday, November 16th.

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It is also important to look at The Kraft Heinz Company's dividend yield and EPS because you want to ensure you are stretching your dollar effectively.

Several analysts recently commented on the company. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its holdings in shares of The Kraft Heinz by 7.0% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in shares of The Kraft Heinz by 2.3% in the first quarter. The Company's products are sold through its own sales organizations and through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries and pharmacies. Finally, Sadoff Investment Management LLC bought a new position in Kraft Heinz during the second quarter worth $201,000. Finally, Blue Chip Partners Inc. grew its holdings in shares of The Kraft Heinz by 0.5% during the 2nd quarter.

Coach, Inc. (COH) stock price is moving downswing along with the volume 2.97 million shares in recent session.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

The Kraft Heinz Company is a food and beverage company.

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