Trust Co. of Vermont cut its position in shares of The Kraft Heinz Company (NASDAQ:KHC) by 3.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,999 shares of the company’s stock after selling 1,207 shares during the period. Trust Co. of Vermont’s holdings in The Kraft Heinz were worth $2,714,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. grew its stake in The Kraft Heinz by 16.6% in the 2nd quarter. Westside Investment Management Inc. now owns 1,209 shares of the company’s stock valued at $100,000 after buying an additional 172 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its stake in The Kraft Heinz by 287.9% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,280 shares of the company’s stock valued at $110,000 after buying an additional 950 shares during the last quarter. Mountain Capital Investment Advisors Inc acquired a new position in The Kraft Heinz in the 2nd quarter valued at about $121,000. Blue Chip Partners Inc. grew its stake in The Kraft Heinz by 0.5% in the 2nd quarter. Blue Chip Partners Inc. now owns 1,484 shares of the company’s stock valued at $127,000 after buying an additional 8 shares during the last quarter. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC grew its stake in The Kraft Heinz by 7.0% in the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,527 shares of the company’s stock valued at $139,000 after buying an additional 100 shares during the last quarter. Institutional investors own 61.79% of the company’s stock.

A number of analysts have issued reports on KHC shares. TheStreet raised shares of The Kraft Heinz from a “c” rating to a “b-” rating in a report on Thursday, August 3rd. Berenberg Bank set a $102.00 price objective on shares of The Kraft Heinz and gave the company a “buy” rating in a report on Monday, August 7th. Credit Suisse Group set a $100.00 price objective on shares of The Kraft Heinz and gave the company a “buy” rating in a report on Saturday, August 5th. Royal Bank Of Canada reissued a “buy” rating and issued a $95.00 price objective on shares of The Kraft Heinz in a report on Friday, September 1st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $95.00 price target on shares of The Kraft Heinz in a report on Thursday, September 21st. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $92.49.

The Kraft Heinz Company (KHC) opened at $80.01 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. The Kraft Heinz Company has a 12-month low of $75.21 and a 12-month high of $97.77. The stock has a market cap of $97,392.15, a P/E ratio of 22.45, a price-to-earnings-growth ratio of 2.21 and a beta of 0.43.

The Kraft Heinz (NASDAQ:KHC) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $0.83 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.83. The Kraft Heinz had a net margin of 15.03% and a return on equity of 7.49%. The firm had revenue of $6.31 billion during the quarter, compared to analysts’ expectations of $6.33 billion. During the same period in the prior year, the company posted $0.83 EPS. The company’s revenue was up .7% on a year-over-year basis. equities research analysts predict that The Kraft Heinz Company will post 3.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be given a $0.625 dividend. This represents a $2.50 annualized dividend and a yield of 3.12%. The ex-dividend date of this dividend is Thursday, November 16th. The Kraft Heinz’s dividend payout ratio (DPR) is currently 77.88%.

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The Kraft Heinz Company Profile

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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