Fundamentals in Focus for The Kraft Heinz Company (KHC)

Fundamentals in Focus for The Kraft Heinz Company (KHC)”

The stock has an average rating of "Buy" and a consensus target price of $97.18. The firm's quarterly revenue was down 1.7% on a year-over-year basis.

The Kraft Heinz Company (NASDAQ:KHC) closed its last session at $77.52. Stifel Nicolaus reaffirmed a "buy" rating and set a $95.00 target price on shares of The Kraft Heinz in a research report on Thursday. RBC Capital Markets maintained Kraft Heinz Co (NASDAQ:KHC) rating on Friday, September 1. The rating was maintained by Argus Research on Wednesday, September 28 with "Buy".

On June 7, 2017 Berenberg started covering the stock with an initial rating of "Buy". Deutsche Bank initiated the shares of KHC in report on Wednesday, February 15 with "Buy" rating. The Kraft Heinz Company has a 52 week low of $77.40 and a 52 week high of $97.77. Susquehanna Bancshares Inc set a $99.00 price objective on The Kraft Heinz and gave the company a "hold" rating in a report on Tuesday, June 6th. The 50 day moving average was down $-4.13 whereas the 200 day average was down by -5.06%. Recently, shares of The Kraft Heinz Company (NASDAQ:KHC) have been seen trading -11.18% away from the 200-day moving average and -6.94% off the 50-day moving average. The Smith Asset Management Group Lp holds 13,200 shares with $665,000 value, up from 3,940 last quarter. For KHC, the company now has $1.45 Billion of cash on the books, which is offset by $1.11 Billion current liabilities. During the same period in the prior year, the firm earned $0.85 earnings per share. The company's quarterly revenue was down 1.7% compared to the same quarter past year.

The Kraft Heinz (NASDAQ:KHC) last posted its quarterly earnings data on Thursday, August 3rd.

ILLEGAL ACTIVITY WARNING: "First Manhattan Co". If you are reading this story on another publication, it was copied illegally and reposted in violation of US and global trademark and copyright law. The firm has "Buy" rating by Stifel Nicolaus given on Monday, August 14. Shareholders of record on Friday, August 18th were paid a $0.625 dividend. This is a boost from The Kraft Heinz's previous quarterly dividend of $0.60. The ex-dividend date was Wednesday the 1st of March 2017. This represents a $2.50 annualized dividend and a dividend yield of 3.22%. The Kraft Heinz's payout ratio is presently 79.87%. The Business's products are sold through its own sales organizations and through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors and institutions, including hotels, restaurants, hospitals, healthcare facilities and certain government agencies. Martingale Asset Management L P increased its position in shares of The Kraft Heinz by 0.5% during the second quarter. Blue Chip Partners Inc. now owns 1,476 shares of the company's stock valued at $134,000 after acquiring an additional 8 shares in the last quarter.

As of quarter end Koshinski Asset Management, Inc. had bought 3,839 shares growing its position 147.1%. Mitsubishi UFJ Securities Holdings Co. Finally, Reilly Financial Advisors LLC grew its stake in shares of The Kraft Heinz by 9.0% in the 2nd quarter. Ropes Wealth Advisors LLC now owns 3,841 shares of the company's stock worth $329,000 after acquiring an additional 17 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in The Kraft Heinz in the 1st quarter worth $136,000. Institutional investors own 61.80% of the company's stock. The Business's brands include Heinz, Kraft, Oscar Mayer, Philadelphia, Planters, Velveeta, Lunchables, Maxwell House, Capri Sun, and Ore-Ida.

Like this


26 September 2017
'Supergirl': Bollywood Actress Amy Jackson To Recur As Saturn Girl
Imra Ardeen, is a kind, strong-willed hero who uses her telekinetic powers to help those in need. Supergirl will be getting a helping hand from Saturn Girl in season 3.

26 September 2017
Baxter International Inc. (BAX) Director Sells $555537.60 in Stock
BAX's average trading volatility during the past few weeks is -25.56% lower than the average volatility over the past 100 days. It is negative, as 52 investors sold BAX shares while 315 reduced holdings. 89 funds opened positions while 247 raised stakes.

26 September 2017
Harrison Ford's Not A Huge Fan Of Ryan Gosling's 'The Notebook'
Ryan Gosling stars as an LAPD officer named K who discovers a long-buried secret that could send the world into chaos. He sets out on a quest to find Rick Deckard ( Harrison Ford ), who may or may not hold a key piece to the puzzle.

26 September 2017
FDA targets 'rogue' websites illegally selling opioids, other prescription drugs
This easy and illegal availability of these controlled substances fuels the misuse and abuse of opioids. Report suspected criminal activity to the FDA's Office of Criminal Investigation .

26 September 2017
Barnier: No transition before Brexit divorce is settled
French President Emmanuel Macron restated the EU's position at the weekend, saying that "if those three points are not clarified, then we can not move forward on the rest".

26 September 2017
Six puppies saved after being left in river, police say
The man is not suspected of dumping the puppies along the side of the river, but police hope he may have seen something. It was not clear how long the sack had been in the water before the kayakers discovered it.

26 September 2017
Cardinal Health Inc (CAH) Downgraded by William Blair to "Market Perform"
Shares of Cardinal Health, Inc . are now valued at $66.66 with a furture target price of $73.45 according to research brokerages. Ngam Advisors Lp decreased Prosperity Bancshares (NYSE:PB) stake by 45,689 shares to 148,287 valued at $9.53 million in 2017Q2.

26 September 2017
Gunmen Attack Olubadan Palace
Speaking with newsmen on the incident, Alli strongly condemned the attack on the Olubadan's palace, describing it as barbaric. One of the hoodlums aimed at the "owner's corner" of Alli's vehicle and shot towards the direction at a close range.

26 September 2017
Trump criticises Iran over its recent ballistic missile test
Iranian officials have argued that the measure only applies to missiles specifically created to carry nuclear warheads. We will not seek permission from anyone to defend our country.

26 September 2017
Today's Hot Stock Under Review: Enterprise Products Partners LP (NYSE:EPD)
The oil and gas producer reported $0.30 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.33 by ($0.03). The stock of Enterprise Products Partners L.P. (NYSE: EPD ) earned "Strong-Buy" rating by Vetr on Monday, August 31.