Zeke Capital Advisors LLC lifted its stake in shares of Kraft Heinz Co (NASDAQ:KHC) by 165.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,857 shares of the company’s stock after acquiring an additional 9,266 shares during the period. Zeke Capital Advisors LLC’s holdings in Kraft Heinz were worth $1,152,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of KHC. Westside Investment Management Inc. increased its position in shares of Kraft Heinz by 16.6% during the 2nd quarter. Westside Investment Management Inc. now owns 1,209 shares of the company’s stock worth $100,000 after purchasing an additional 172 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its position in shares of 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 worth $110,000 after purchasing an additional 950 shares during the last quarter. Mountain Capital Investment Advisors Inc acquired a new stake in shares of Kraft Heinz during the 2nd quarter worth about $121,000. Blue Chip Partners Inc. increased its position in shares of Kraft Heinz by 0.5% during the 2nd quarter. Blue Chip Partners Inc. now owns 1,484 shares of the company’s stock worth $127,000 after purchasing an additional 8 shares during the last quarter. Finally, GWM Advisors LLC acquired a new stake in shares of Kraft Heinz during the 2nd quarter worth about $137,000. Institutional investors and hedge funds own 62.06% of the company’s stock.

A number of analysts recently issued reports on KHC shares. BMO Capital Markets cut their price objective on Kraft Heinz from $96.00 to $82.00 and set a “market perform” rating for the company in a research report on Thursday, November 2nd. BidaskClub raised Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Citigroup cut their price objective on Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating for the company in a research report on Thursday, November 2nd. Piper Jaffray Companies raised Kraft Heinz from a “neutral” rating to an “overweight” rating and cut their price objective for the stock from $92.00 to $90.00 in a research report on Friday, October 6th. Finally, Zacks Investment Research raised Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the stock. Kraft Heinz presently has a consensus rating of “Buy” and an average price target of $92.49.

Kraft Heinz Co (KHC) opened at $78.37 on Tuesday. The firm has a market capitalization of $95,625.38, a PE ratio of 22.05, a price-to-earnings-growth ratio of 2.17 and a beta of 0.45. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. Kraft Heinz Co has a 52-week low of $75.21 and a 52-week high of $97.77.

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

The company also recently announced 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 3.19%. The ex-dividend date of this dividend is Thursday, November 16th. Kraft Heinz’s dividend payout ratio is currently 77.88%.

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Kraft Heinz 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 Kraft Heinz (NASDAQ:KHC)

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