Nelson Van Denburg & Campbell Wealth Management Group LLC maintained its stake in The Kraft Heinz Company (NASDAQ:KHC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,527 shares of the company’s stock at the close of the second quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC’s holdings in The Kraft Heinz were worth $131,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Westside Investment Management Inc. increased its holdings in The Kraft Heinz by 16.6% during the 2nd quarter. Westside Investment Management Inc. now owns 1,209 shares of the company’s stock valued at $100,000 after purchasing an additional 172 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in The Kraft Heinz by 287.9% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,280 shares of the company’s stock valued at $110,000 after purchasing an additional 950 shares in the last quarter. V Wealth Management LLC acquired a new stake in The Kraft Heinz during the 2nd quarter valued at $125,000. Blue Chip Partners Inc. increased its holdings in The Kraft Heinz by 0.5% during the 2nd quarter. Blue Chip Partners Inc. now owns 1,484 shares of the company’s stock valued at $127,000 after purchasing an additional 8 shares in the last quarter. Finally, Reilly Financial Advisors LLC increased its holdings in The Kraft Heinz by 9.0% during the 2nd quarter. Reilly Financial Advisors LLC now owns 1,631 shares of the company’s stock valued at $140,000 after purchasing an additional 134 shares in the last quarter. 61.69% of the stock is owned by institutional investors and hedge funds.

Shares of The Kraft Heinz Company (NASDAQ:KHC) opened at $79.72 on Friday. The company has a market capitalization of $97,136.27, a price-to-earnings ratio of 22.39, a P/E/G ratio of 2.21 and a beta of 0.43. The Kraft Heinz Company has a 12 month low of $75.21 and a 12 month high of $97.77. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.43 and a current ratio of 0.77.

The Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $0.83 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.83. The business had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.33 billion. The Kraft Heinz had a return on equity of 7.49% and a net margin of 15.03%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business posted $0.83 EPS. analysts expect that The Kraft Heinz Company will post 3.61 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be paid a $0.625 dividend. This represents a $2.50 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Thursday, November 16th. The Kraft Heinz’s dividend payout ratio is 77.88%.

A number of research firms recently weighed in on KHC. Credit Suisse Group set a $100.00 price target on The Kraft Heinz and gave the company a “buy” rating in a report on Saturday, July 29th. Susquehanna Bancshares Inc reiterated a “hold” rating on shares of The Kraft Heinz in a research report on Tuesday, August 1st. Zacks Investment Research lowered The Kraft Heinz from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Piper Jaffray Companies set a $92.00 price objective on The Kraft Heinz and gave the company a “hold” rating in a research report on Wednesday, August 16th. Finally, Berenberg Bank set a $102.00 price objective on The Kraft Heinz and gave the company a “buy” rating in a research report on Monday, August 7th. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $92.49.

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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.

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

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