Kraft Heinz Co (KHC) : Harwood Advisory Group scooped up 3,261 additional shares in Kraft Heinz Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 24,228 shares of Kraft Heinz Co which is valued at $2,144,905.Kraft Heinz Co makes up approximately 1.69% of Harwood Advisory Group’s portfolio.
Other Hedge Funds, Including , Marshwinds Advisory Co reduced its stake in KHC by selling 416 shares or 0.99% in the most recent quarter. The Hedge Fund company now holds 41,810 shares of KHC which is valued at $3,639,561. Kraft Heinz Co makes up approx 1.82% of Marshwinds Advisory Co’s portfolio.Chicago Trust Co Na reduced its stake in KHC by selling 302 shares or 9.17% in the most recent quarter. The Hedge Fund company now holds 2,990 shares of KHC which is valued at $260,848. Kraft Heinz Co makes up approx 0.12% of Chicago Trust Co Na’s portfolio. Canal Capital Management added KHC to its portfolio by purchasing 3,572 company shares during the most recent quarter which is valued at $316,122. Kraft Heinz Co makes up approx 0.29% of Canal Capital Management’s portfolio.Hudson Valley Investment Advisors Inc Adv boosted its stake in KHC in the latest quarter, The investment management firm added 452 additional shares and now holds a total of 46,663 shares of Kraft Heinz Co which is valued at $4,129,676. Kraft Heinz Co makes up approx 1.28% of Hudson Valley Investment Advisors Inc Adv’s portfolio.
Kraft Heinz Co opened for trading at $87.34 and hit $88.7 on the upside on Friday, eventually ending the session at $88.53, with a gain of 1.70% or 1.48 points. The heightened volatility saw the trading volume jump to 23,88,906 shares. Company has a market cap of $107,799 M.
On the company’s financial health, Kraft Heinz Co reported $0.85 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.71. The company had revenue of $6793.00 million for the quarter, compared to analysts expectations of $6790.09 million. The company’s revenue was up 159.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 EPS.
Many Wall Street Analysts have commented on Kraft Heinz Co. Company shares were Upgraded by Deutsche Bank on Aug 5, 2016 to ” Buy”, Firm has raised the Price Target to $ 103 from a previous price target of $85 .Company shares were Reiterated by RBC Capital Mkts on Aug 5, 2016 to “Outperform”, Firm has raised the Price Target to $ 96 from a previous price target of $92 .
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.