Strs Ohio Has $22.55 Million Holdings in The Kroger Co. $KR

Strs Ohio cut its holdings in shares of The Kroger Co. (NYSE:KRFree Report) by 32.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 334,501 shares of the company’s stock after selling 161,265 shares during the period. Strs Ohio’s holdings in Kroger were worth $22,549,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of KR. SOA Wealth Advisors LLC. raised its position in shares of Kroger by 6,840.0% during the second quarter. SOA Wealth Advisors LLC. now owns 347 shares of the company’s stock worth $25,000 after purchasing an additional 342 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Kroger during the 2nd quarter worth approximately $28,000. Rossby Financial LCC acquired a new stake in Kroger during the 2nd quarter worth approximately $29,000. Whipplewood Advisors LLC lifted its stake in Kroger by 10,425.0% in the second quarter. Whipplewood Advisors LLC now owns 421 shares of the company’s stock valued at $30,000 after buying an additional 417 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its stake in Kroger by 87.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 445 shares of the company’s stock valued at $32,000 after buying an additional 208 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Kroger Price Performance

NYSE:KR opened at $64.24 on Friday. The Kroger Co. has a 1-year low of $58.32 and a 1-year high of $74.90. The company has a current ratio of 0.88, a quick ratio of 0.45 and a debt-to-equity ratio of 2.28. The firm has a fifty day simple moving average of $63.51 and a 200 day simple moving average of $66.73. The stock has a market capitalization of $40.66 billion, a PE ratio of 59.48, a P/E/G ratio of 1.80 and a beta of 0.61.

Kroger (NYSE:KRGet Free Report) last posted its quarterly earnings results on Thursday, December 4th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.02. Kroger had a net margin of 0.54% and a return on equity of 38.06%. The firm had revenue of $33.86 billion for the quarter, compared to analyst estimates of $34.27 billion. During the same period in the prior year, the firm posted $0.98 earnings per share. The company’s quarterly revenue was up .7% compared to the same quarter last year. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. On average, research analysts expect that The Kroger Co. will post 4.44 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Guggenheim reissued a “buy” rating and set a $78.00 price objective on shares of Kroger in a research report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kroger in a report on Monday, December 29th. Telsey Advisory Group restated an “outperform” rating and issued a $80.00 price target (down from $82.00) on shares of Kroger in a report on Monday, December 1st. Evercore ISI set a $77.00 price objective on Kroger and gave the stock an “outperform” rating in a report on Friday, December 5th. Finally, Citigroup reaffirmed a “neutral” rating and set a $68.00 price target (down previously from $74.00) on shares of Kroger in a research report on Wednesday, December 10th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $73.80.

View Our Latest Analysis on KR

Kroger News Summary

Here are the key news stories impacting Kroger this week:

Kroger Company Profile

(Free Report)

The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.

In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.

See Also

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Institutional Ownership by Quarter for Kroger (NYSE:KR)

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