The Kroger Co (KR) : Sii Investments Incwi reduced its stake in The Kroger Co by 0.62% during the most recent quarter end. The investment management company now holds a total of 215,140 shares of The Kroger Co which is valued at $6,951,173 after selling 1,339 shares in The Kroger Co , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.The Kroger Co makes up approximately 0.55% of Sii Investments Incwi’s portfolio.
Other Hedge Funds, Including , Systematic Financial Management Lp sold out all of its stake in KR during the most recent quarter. The investment firm sold 80 shares of KR which is valued $2,585.Ncm Capital Management Group Inc boosted its stake in KR in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 5,500 shares of The Kroger Co which is valued at $179,410. The Kroger Co makes up approx 2.13% of Ncm Capital Management Group Inc’s portfolio.Nippon Life Insurance Co reduced its stake in KR by selling 2,676 shares or 5.26% in the most recent quarter. The Hedge Fund company now holds 48,189 shares of KR which is valued at $1,599,875. The Kroger Co makes up approx 0.04% of Nippon Life Insurance Co’s portfolio.Fisher Asset Management reduced its stake in KR by selling 58,858 shares or 13.7% in the most recent quarter. The Hedge Fund company now holds 370,764 shares of KR which is valued at $13,896,235. The Kroger Co makes up approx 0.03% of Fisher Asset Management’s portfolio.
The Kroger Co closed down -0.22 points or -0.69% at $31.88 with 94,13,301 shares getting traded on Wednesday. Post opening the session at $32.12, the shares hit an intraday low of $31.45 and an intraday high of $32.21 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, The Kroger Co reported $0.70 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jun 16, 2016. Analyst had a consensus of $0.69. The company had revenue of $34604.00 million for the quarter, compared to analysts expectations of $34728.52 million. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 EPS.
Many Wall Street Analysts have commented on The Kroger Co. The Kroger Co was Upgraded by Goldman to ” Buy” on Jul 26, 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.