Kroger Co (KR): Ronald Sargent , director of Kroger Co sold 3,000 shares on Apr 8, 2016. The Insider selling transaction was disclosed on Apr 11, 2016 to the Securities and Exchange Commission. The shares were sold at $38.09 per share for a total value of $114,261.00.
Company has been under the radar of several Street Analysts.The Kroger Co is Reiterated by Pivotal Research Group to Buy while Lowering the Price Target of the company shares to $ 44 from a previous price target of $46 . The Rating was issued on Mar 4, 2016.The Kroger Co is Downgraded by Macquarie to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 4, 2016.The Kroger Co is Initiated by Stifel to Buy and the brokerage firm has set the Price Target at $45. The Rating was issued on Feb 12, 2016.
Currently the company Insiders own 1.43% of The Kroger Co shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -19.69%.Institutional Investors own 78.89% of The Kroger Co shares.During last six month period, the net percent change held by insiders has seen a change of -11.61%.
Shares of The Kroger Co (KR) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.82 points or -2.16% at $37.17 with 70,51,355 shares getting traded. Post opening the session at $38, the shares hit an intraday low of $37.125 and an intraday high of $38.089 and the price vacillated in this range throughout the day. The company has a market cap of $35,775 M and the number of outstanding shares has been calculated to be 96,24,80,230 shares. The 52-week high of The Kroger Co is $42.75 and the 52-week low is $27.32.
On Mar 10, 2016, The Kroger Co announced a cash dividend of $0.1050. The company’s management has announced May 11, 2016 as the ex-dividend date and fixed the record date on May 13, 2016. The payable date has been fixed on Jun 1, 2016.
The Kroger Co. (Kroger) operates retail food and drug stores multi-department stores jewelry stores and convenience stores throughout the United States. The Company also manufactures and processes some of the food for sale in its supermarkets. The Company operated either directly or through its subsidiaries approximately 2625 supermarkets and multi-department stores approximately 1330 of which had fuel centers. Approximately 48% of these supermarkets were operated in Company-owned facilities including some Company-owned buildings on leased land. The Company operates its 2640 supermarket and multi-department stores under banners including Kroger City Market Dillons Food 4 Less Fred Meyer Fry’s Harris Teeter Jay C King Soopers QFC Ralphs and Smith’s. Of these stores 1330 have fuel centers. The Company also operates 782 convenience stores either directly or through franchisees 326 fine jewelry stores and an online retailer.