Kroger Co (KR) Insider Christopher T. Hjelm Sells 16,530 Shares
Kroger Co (NYSE:KR) insider Christopher T. Hjelm sold 16,530 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $27.00, for a total value of $446,310.00. Following the sale, the insider now owns 243,784 shares in the company, valued at $6,582,168. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Kroger Co (NYSE KR) traded up $0.25 during trading on Wednesday, hitting $27.20. The stock had a trading volume of 3,547,958 shares, compared to its average volume of 12,239,129. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.85 and a quick ratio of 0.31. The firm has a market cap of $23,796.77, a PE ratio of 13.92, a price-to-earnings-growth ratio of 3.59 and a beta of 0.92. Kroger Co has a 52-week low of $19.69 and a 52-week high of $35.98.
Kroger (NYSE:KR) last posted its quarterly earnings data on Thursday, November 30th. The company reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.04. The firm had revenue of $27.75 billion during the quarter, compared to analysts’ expectations of $27.48 billion. Kroger had a return on equity of 28.60% and a net margin of 1.31%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.41 EPS. equities research analysts forecast that Kroger Co will post 2.01 EPS for the current year.
Several institutional investors have recently bought and sold shares of KR. Parametric Portfolio Associates LLC raised its stake in Kroger by 19.6% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 5,145,254 shares of the company’s stock worth $103,214,000 after acquiring an additional 843,047 shares during the last quarter. Greenlight Capital Inc. purchased a new position in Kroger in the 3rd quarter worth $7,268,000. GSA Capital Partners LLP purchased a new position in Kroger in the 3rd quarter worth $278,000. Truepoint Inc. raised its stake in Kroger by 1,906.0% in the 3rd quarter. Truepoint Inc. now owns 475,262 shares of the company’s stock worth $475,000 after acquiring an additional 451,570 shares during the last quarter. Finally, Gyroscope Capital Management Group LLC purchased a new position in Kroger in the 3rd quarter worth $234,000. 79.59% of the stock is owned by hedge funds and other institutional investors.
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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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