Umb Bank N Amo buys $19,897,757 stake in Kraft Heinz Co (KHC)

Kraft Heinz Co (KHC) : Umb Bank N Amo scooped up 3,690 additional shares in Kraft Heinz Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 232,369 shares of Kraft Heinz Co which is valued at $19,897,757.Kraft Heinz Co makes up approximately 0.82% of Umb Bank N Amo’s portfolio.

Other Hedge Funds, Including , British Airways Pensions Investment Management Ltd added KHC to its portfolio by purchasing 283,250 company shares during the most recent quarter which is valued at $24,254,698. Kraft Heinz Co makes up approx 0.71% of British Airways Pensions Investment Management Ltd’s portfolio. Oakbrook Investments sold out all of its stake in KHC during the most recent quarter. The investment firm sold 34,739 shares of KHC which is valued $3,062,590.Vigilant Capital Management boosted its stake in KHC in the latest quarter, The investment management firm added 116 additional shares and now holds a total of 1,756 shares of Kraft Heinz Co which is valued at $154,827. Kraft Heinz Co makes up approx 0.03% of Vigilant Capital Management’s portfolio.Parasol Investment Management reduced its stake in KHC by selling 275 shares or 9.04% in the most recent quarter. The Hedge Fund company now holds 2,766 shares of KHC which is valued at $246,451. Kraft Heinz Co makes up approx 0.25% of Parasol Investment Management’s portfolio.

Kraft Heinz Co opened for trading at $86.23 and hit $86.63 on the upside on Friday, eventually ending the session at $86.39, with a gain of 0.50% or 0.43 points. The heightened volatility saw the trading volume jump to 17,78,876 shares. Company has a market cap of $105,046 M.

On the company’s financial health, Kraft Heinz Co reported $0.73 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on May 4, 2016. Analyst had a consensus of $0.61. The company had revenue of $6570.00 million for the quarter, compared to analysts expectations of $6463.10 million. The company’s revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.53 EPS.

Many Wall Street Analysts have commented on Kraft Heinz Co. Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 90 from a previous price target of $85 .Company shares were Reiterated by RBC Capital Mkts on May 5, 2016 to “Outperform”, Firm has raised the Price Target to $ 92 from a previous price target of $88 .Company shares were Reiterated by UBS on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 92 from a previous price target of $87 .

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.

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