Toronto Dominion Bank raised its holdings in Kroger Company (The) (NYSE:KR) by 10.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 347,530 shares of the company’s stock after buying an additional 31,561 shares during the quarter. Toronto Dominion Bank’s holdings in Kroger Company (The) were worth $6,971,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in Kroger Company (The) by 1.2% in the second quarter. Vanguard Group Inc. now owns 69,201,771 shares of the company’s stock valued at $1,613,786,000 after buying an additional 852,864 shares during the period. FMR LLC raised its position in shares of Kroger Company (The) by 17.7% during the second quarter. FMR LLC now owns 49,409,616 shares of the company’s stock worth $1,152,232,000 after purchasing an additional 7,446,349 shares during the period. State Street Corp raised its position in shares of Kroger Company (The) by 0.3% during the second quarter. State Street Corp now owns 39,414,284 shares of the company’s stock worth $919,140,000 after purchasing an additional 100,796 shares during the period. Franklin Resources Inc. raised its position in shares of Kroger Company (The) by 8.2% during the second quarter. Franklin Resources Inc. now owns 12,045,681 shares of the company’s stock worth $280,904,000 after purchasing an additional 908,078 shares during the period. Finally, Janus Henderson Group PLC raised its position in shares of Kroger Company (The) by 6,611.2% during the second quarter. Janus Henderson Group PLC now owns 8,260,260 shares of the company’s stock worth $192,630,000 after purchasing an additional 8,137,179 shares during the period. 75.06% of the stock is currently owned by hedge funds and other institutional investors.

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A number of brokerages have recently weighed in on KR. BidaskClub raised Kroger Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Vetr raised Kroger Company (The) from a “buy” rating to a “strong-buy” rating and set a $27.01 target price on the stock in a research report on Wednesday, August 9th. Stephens began coverage on Kroger Company (The) in a research report on Friday, August 11th. They set an “underweight” rating and a $20.00 target price on the stock. Royal Bank Of Canada reaffirmed an “overweight” rating on shares of Kroger Company (The) in a research report on Thursday, September 7th. Finally, UBS AG lowered Kroger Company (The) from an “outperform” rating to a “market perform” rating in a research report on Friday, September 8th. Nineteen analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $29.10.

Kroger Company (NYSE:KR) opened at $23.41 on Friday. 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 firm has a market capitalization of $19,820.00, a price-to-earnings ratio of 11.53, a PEG ratio of 1.70 and a beta of 0.83. Kroger Company has a 12 month low of $19.69 and a 12 month high of $36.44.

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, hitting the consensus estimate of $0.39. The company had revenue of $27.60 billion during the quarter, compared to the consensus estimate of $27.48 billion. Kroger Company (The) had a return on equity of 28.04% and a net margin of 1.32%. The firm’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.47 EPS. research analysts forecast that Kroger Company will post 2 earnings per share for the current fiscal 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 dividend of $0.125 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.50 annualized dividend and a dividend yield of 2.14%. Kroger Company (The)’s payout ratio is 30.30%.

About Kroger Company (The)

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.

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

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