Kraft Heinz Co (KHC) : Toth Financial Advisory Corp scooped up 6,715 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 13, 2016. The investment management firm now holds a total of 22,399 shares of Kraft Heinz Co which is valued at $1,949,833.Kraft Heinz Co makes up approximately 0.59% of Toth Financial Advisory Corp’s portfolio.
Other Hedge Funds, Including , First National Bank Of Omaha reduced its stake in KHC by selling 977 shares or 0.73% in the most recent quarter. The Hedge Fund company now holds 133,545 shares of KHC which is valued at $11,650,466. Kraft Heinz Co makes up approx 0.92% of First National Bank Of Omaha’s portfolio.Creative Planning boosted its stake in KHC in the latest quarter, The investment management firm added 14,194 additional shares and now holds a total of 71,516 shares of Kraft Heinz Co which is valued at $6,239,056. Kraft Heinz Co makes up approx 0.04% of Creative Planning’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.Washington Trust Bank boosted its stake in KHC in the latest quarter, The investment management firm added 1,060 additional shares and now holds a total of 2,332 shares of Kraft Heinz Co which is valued at $203,770. Kraft Heinz Co makes up approx 0.05% of Washington Trust Bank’s portfolio.
Kraft Heinz Co closed down -1.26 points or -1.42% at $87.24 with 25,08,653 shares getting traded on Tuesday. Post opening the session at $88.24, the shares hit an intraday low of $87.06 and an intraday high of $88.4999 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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.