Kroger Co (KR): Oflen Mary Elizabeth Van , Vice President & Controller of Kroger Co sold 12,000 shares on Jul 8, 2016. The Insider selling transaction was reported by the company on Jul 11, 2016 to the Securities and Exchange Commission. The shares were sold at $37.85 per share for a total value of $454,176.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, Christopher Conlon (Executive Vice President) sold 15,000 shares at $35.43 per share price.On Apr 11, 2016, Ronald Sargent (director) sold 3,000 shares at $38.09 per share price.Also, On Apr 7, 2016, Michael Joseph Donnelly (Executive Vice President) sold 10,000 shares at $39.00 per share price.On Apr 7, 2016, Oflen Mary Elizabeth Van (Vice President & Controller) sold 12,000 shares at $38.75 per share price.
The Kroger Co: On Friday, Jul 8, 2016 heightened volatility was witnessed in The Kroger Co which led to swings in the share price. The shares opened for trading at $37.56 and hit $37.88 on the upside , eventually ending the session at $37.86, with a gain of 1.45% or 0.54 points. The heightened volatility saw the trading volume jump to 57,92,452 shares. The 52-week high of the share price is $42.75 and the company has a market cap of $35,929 M . The 52-week low of the share price is at $27.32.
On Jun 23, 2016, The Kroger Co announced a cash dividend of $0.1200. The company’s management has announced Aug 11, 2016 as the ex-dividend date and fixed the record date on Aug 15, 2016. The payable date has been fixed on Sep 1, 2016.
Company has been under the radar of several Street Analysts.The Kroger Co is Initiated by Piper Jaffray to Underweight and the brokerage firm has set the Price Target at $29. The Rating was issued on May 10, 2016.The Kroger Co is Initiated by Sun Trust Rbsn Humphrey to Neutral and the brokerage firm has set the Price Target at $39. The Rating was issued on May 3, 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.