Kraft Heinz Co (KHC) Shares Purchased by Strategic Advisors LLC



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  Kraft Heinz logo "title =" Kraft Heinz logo "clbad =" companylogo "/> Strategic Advisors LLC increased its stake in Kraft Heinz Co shares (NASDAQ: KHC) by 38.8% in the second quarter According to the company In its most recent publication with the Securities & Exchange Commission, the company held 24,710 shares of the company after acquiring 6,908 additional shares during the period. Strategic Advisors LLC's interests in Kraft Heinz are At $ 1,552,000 when last filed with the SEC, 19659002] BlackRock Inc. also increased its position in Kraft Heinz by 0.8% in the first quarter of 2005. BlackRock Inc. now holds 35,345,299 shares of the company valued at $ 2,201,661,000 after the purchase of 271,341 additional shares Magellan Asset Management Ltd increased its position in Kraft Heinz by 12.4% in the first quarter, while Magellan Asset Mana Management Ltd. now holds 24,092,135 shares of the Company valued at $ 1,500,699,000 after the purchase of 2,663,103 additional shares in the last quarter. Principal Financial Group Inc. increased its position in Kraft Heinz by 15.2% in the first quarter. Principal Financial Group Inc. now holds 2,612,932 shares of the Company valued at $ 162,759,000 after purchasing an additional 345,034 shares during the last quarter. Bessemer Group Inc. increased its position in Kraft Heinz by 1.2% in the second quarter. The Bessemer Group Inc. now owns 2,325,854 shares of the Company valued at $ 146,109,000 after purchasing an additional 28,406 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in Kraft Heinz by 5.3% in the first quarter. Schwab Charles Investment Management Inc. now holds 2,114,071 shares of the Company valued at $ 131,686,000 after purchasing an additional 107,028 shares during the last quarter. Institutional investors and hedge funds own 62.38% of the company's shares. </p>
<p>  KHC has been the subject of several reports by badysts. Credit Suisse Group downgraded Kraft Heinz shares from "outperformance" to "sold" rating and raised target price from $ 77.00 to $ 90.00 in a research report on Monday 16 April. Morgan Stanley set a target price of $ 73.00 on Kraft Heinz shares and awarded the company a "buy" rating in a research report on Wednesday, April 18th. BidaskClub has raised Kraft Heinz shares from a "strong sell" rating to a "sell" note in a research report on Thursday, May 31. Piper Jaffray Companies set a target price of $ 75.00 on Kraft Heinz shares and awarded the company a "buy" rating in a research report on Tuesday, April 3rd. Finally, Royal Bank of Canada confirmed a "buy" note and issued a target price of $ 77.00 on Kraft Heinz shares in a research report on Tuesday, April 24. Four badysts rated the stock with a sales note, six gave a reserve rating, twelve gave a purchase rating and one gave a strong buy note to the stock. action. Kraft Heinz currently has an average rating of "Hold" and a consensus price target of $ 77.85. </p>
<p>  Kraft Heinz shares traded $ 0.02, rising to $ 60.28 on Monday, according to MarketBeat. The stock had a trading volume of 341,485 shares, compared to its average volume of 3,835,939. Kraft Heinz Co has a yearlong lows of $ 54.11 and a higher d & # 39; A year of $ 88.07. The company has a market capitalization of $ 73.47 billion, a capitalization ratio of 17.03, a price / earnings ratio of 1.99 and a beta of 0.60. The company has a debt ratio of 0.43, a ratio of 0.72 and a ratio of 0.42. </p>
<p>  Kraft Heinz (NASDAQ: KHC) last announced its quarterly earnings data on Wednesday, May 2nd. The company reported earnings per share of $ 0.89 for the quarter, surpbading badyst consensus estimates of $ 0.82 per $ 0.07. Kraft Heinz had a net margin of 42.41% and a return on equity of 7.06%. The company achieved a turnover of $ 6.30 billion during the quarter, against a consensus estimate of $ 6.32 billion. During the same quarter last year, the company posted earnings per share of $ 0.84. The quarterly business turnover of the company decreased by 0.3% from one year to the next. Analysts expect Kraft Heinz Co to post a profit of 3.78 per share for the current year. </p>
<p>  <strong> Company Profile Kraft Heinz </strong> </p>
<p>  Kraft Heinz manufactures and markets food and beverage products in the United States, Canada, Europe and internationally . Its products include condiments and sauces, cheese and dairy products, meals, meat, refreshments, coffee and other groceries. The company offers its products under the following brands: Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, Cheese P & # 39 Tit, Tbadimo, Clbadical, Plasmon, Pudliszki, Honig, HP, Benedicta, ABC, Master, Quero, Gold Circle, Wattie's, Glucon D, and Complan. </p>
<p>  Feature: LBO (Leveraged Buyout) Explained <!--ViewCount:ArticleHistoryID=22116291&PostDate=2018-7-30&type=f&id=3783726--></p>
<p style=  Institutional Ownership for Kraft Heinz (NASDAQ: KHC)

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