Beese Fulmer Investment Management buys $6,458,403 stake in Kraft Heinz Co (KHC)

Kraft Heinz Co (KHC) : Beese Fulmer Investment Management scooped up 1,967 additional shares in Kraft Heinz Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 11, 2016. The investment management firm now holds a total of 82,747 shares of Kraft Heinz Co which is valued at $6,458,403.Kraft Heinz Co makes up approximately 1.85% of Beese Fulmer Investment Management’s portfolio.

Kraft Heinz Co opened for trading at $77.56 and hit $78.29 on the upside on Friday, eventually ending the session at $78.05, with a gain of 1.14% or 0.88 points. The heightened volatility saw the trading volume jump to 30,42,235 shares. Company has a market cap of $94,846 M.

Other Hedge Funds, Including , Dnb Asset Management As boosted its stake in KHC in the latest quarter, The investment management firm added 22,200 additional shares and now holds a total of 57,860 shares of Kraft Heinz Co which is valued at $4,515,973. Kraft Heinz Co makes up approx 0.09% of Dnb Asset Management As’s portfolio.Charter Trust Co boosted its stake in KHC in the latest quarter, The investment management firm added 605 additional shares and now holds a total of 4,610 shares of Kraft Heinz Co which is valued at $359,165. Kraft Heinz Co makes up approx 0.04% of Charter Trust Co’s portfolio.Abner Herrman Brock boosted its stake in KHC in the latest quarter, The investment management firm added 55,880 additional shares and now holds a total of 64,376 shares of Kraft Heinz Co which is valued at $5,015,534. Kraft Heinz Co makes up approx 1.27% of Abner Herrman Brock’s portfolio.Chevy Chase Trust Holdings boosted its stake in KHC in the latest quarter, The investment management firm added 11,969 additional shares and now holds a total of 511,083 shares of Kraft Heinz Co which is valued at $39,818,477. Kraft Heinz Co makes up approx 0.23% of Chevy Chase Trust Holdings’s portfolio.

On the company’s financial health, Kraft Heinz Co reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $0.57. The company had revenue of $7124.00 million for the quarter, compared to analysts expectations of $7004.03 million. The company’s revenue was down -5.0 % compared to the same quarter last year.

Many Wall Street Analysts have commented on Kraft Heinz Co. Kraft Heinz Co was Upgraded by JP Morgan to ” Overweight” on Feb 26, 2016. Kraft Heinz Co was Upgraded by Susquehanna to ” Positive” on Jan 21, 2016.

The Kraft Heinz Company formerly H.J. Heinz Holding Corporation is a food and beverage company. The Company provides taste and nutrition foods for all eating occasions. The Company’s brands include Kraft Heinz ABC Capri Sun Classico Jell-O Kool-Aid Lunchables Maxwell House Ore-Ida Oscar Mayer Philadelphia Planters Plasmon Quero Weight Watchers Smart Ones and Velveeta.

Leave a Reply

Kraft Heinz Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on Kraft Heinz Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.