USS Investment Management Ltd boosted its position in Kraft Heinz Co (NASDAQ:KHC) by 29.2% during the 4th quarter, Holdings Channel reports. The firm owned 282,200 shares of the company’s stock after buying an additional 63,700 shares during the quarter. USS Investment Management Ltd’s holdings in Kraft Heinz were worth $21,951,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Verus Financial Partners Inc. raised its position in shares of Kraft Heinz by 5.7% during the 2nd quarter. Verus Financial Partners Inc. now owns 2,364 shares of the company’s stock worth $202,000 after buying an additional 128 shares in the last quarter. Garde Capital Inc. raised its position in shares of Kraft Heinz by 0.8% during the 2nd quarter. Garde Capital Inc. now owns 3,598 shares of the company’s stock worth $308,000 after buying an additional 28 shares in the last quarter. Kanawha Capital Management LLC raised its position in shares of Kraft Heinz by 1.5% during the 2nd quarter. Kanawha Capital Management LLC now owns 5,986 shares of the company’s stock worth $513,000 after buying an additional 90 shares in the last quarter. Sei Investments Co. raised its position in shares of Kraft Heinz by 1.8% during the 2nd quarter. Sei Investments Co. now owns 379,694 shares of the company’s stock worth $32,517,000 after buying an additional 6,665 shares in the last quarter. Finally, YHB Investment Advisors Inc. raised its position in shares of Kraft Heinz by 17.2% during the 2nd quarter. YHB Investment Advisors Inc. now owns 70,906 shares of the company’s stock worth $6,072,000 after buying an additional 10,395 shares in the last quarter. Hedge funds and other institutional investors own 62.01% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Royal Bank of Canada reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Kraft Heinz in a research note on Tuesday, October 3rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Kraft Heinz in a research note on Thursday, September 21st. UBS Group reaffirmed a “buy” rating and issued a $89.00 price objective (down previously from $97.00) on shares of Kraft Heinz in a research note on Friday, October 13th. Zacks Investment Research raised shares of Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, BidaskClub raised shares of Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. Kraft Heinz currently has a consensus rating of “Buy” and a consensus price target of $92.49.

Kraft Heinz Co (NASDAQ KHC) traded up $0.22 during trading on Tuesday, hitting $77.35. 4,223,400 shares of the stock traded hands, compared to its average volume of 3,693,722. The stock has a market capitalization of $95,880.00 and a P/E ratio of 24.10. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.43 and a current ratio of 0.77. Kraft Heinz Co has a 1-year low of $75.21 and a 1-year 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, hitting the consensus estimate of $0.83. The business had revenue of $6.31 billion for the quarter, compared to the consensus estimate of $6.33 billion. Kraft Heinz had a net margin of 15.03% and a return on equity of 7.49%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the firm posted $0.83 earnings per share. research analysts predict that Kraft Heinz Co will post 3.61 earnings per share for the current fiscal year.

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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 Kraft Heinz (NASDAQ:KHC)

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