Alpine Woods Capital Investors LLC grew its position in shares of Kroger Company (The) (NYSE:KR) by 100.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,000 shares of the company’s stock after purchasing an additional 25,000 shares during the quarter. Alpine Woods Capital Investors LLC’s holdings in Kroger Company (The) were worth $1,003,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of KR. Howe & Rusling Inc. purchased a new position in shares of Kroger Company (The) during the 3rd quarter valued at approximately $103,000. Dupont Capital Management Corp purchased a new stake in Kroger Company (The) in the 2nd quarter worth $105,000. Grove Bank & Trust increased its holdings in Kroger Company (The) by 9.3% in the 2nd quarter. Grove Bank & Trust now owns 5,287 shares of the company’s stock worth $124,000 after acquiring an additional 450 shares in the last quarter. Mountain Capital Investment Advisors Inc purchased a new stake in Kroger Company (The) in the 2nd quarter worth $128,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in Kroger Company (The) by 497.2% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 5,273 shares of the company’s stock worth $129,000 after acquiring an additional 4,390 shares in the last quarter. 75.76% of the stock is owned by hedge funds and other institutional investors.

Kroger Company (KR) traded down $0.42 during midday trading on Wednesday, reaching $22.78. 9,436,200 shares of the company’s stock were exchanged, compared to its average volume of 12,118,861. Kroger Company has a 52 week low of $19.69 and a 52 week high of $36.44. The company has a debt-to-equity ratio of 2.13, a current ratio of 0.87 and a quick ratio of 0.33. The firm has a market capitalization of $20,636.91, a PE ratio of 12.15, a P/E/G ratio of 1.79 and a beta of 0.82.

Kroger Company (The) (NYSE:KR) last posted its earnings results on Friday, September 8th. The company reported $0.39 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.39. Kroger Company (The) had a net margin of 1.32% and a return on equity of 28.04%. The company had revenue of $27.60 billion for the quarter, compared to analysts’ expectations of $27.48 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. Kroger Company (The)’s revenue for the quarter was up 3.9% compared to the same quarter last year. equities research analysts anticipate that Kroger Company will post 1.99 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be given a $0.125 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.50 dividend on an annualized basis and a yield of 2.19%. Kroger Company (The)’s payout ratio is currently 30.30%.

Several brokerages recently commented on KR. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a $22.00 price target on shares of Kroger Company (The) in a report on Tuesday, November 14th. Zacks Investment Research raised shares of Kroger Company (The) from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Northcoast Research raised shares of Kroger Company (The) from a “neutral” rating to a “buy” rating in a report on Monday, November 6th. Wells Fargo & Company reissued an “outperform” rating and issued a $26.00 price target on shares of Kroger Company (The) in a report on Friday, November 3rd. Finally, UBS AG reissued a “hold” rating and issued a $24.00 price target on shares of Kroger Company (The) in a report on Thursday, October 12th. Nineteen analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. Kroger Company (The) currently has an average rating of “Hold” and a consensus price target of $29.10.

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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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