Y Intercept Hong Kong Ltd Has $2.05 Million Stock Position in The Kroger Co. $KR

Y Intercept Hong Kong Ltd lowered its stake in shares of The Kroger Co. (NYSE:KR) by 78.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,459 shares of the company’s stock after selling 108,456 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Kroger were worth $2,053,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Mn Services Vermogensbeheer B.V. increased its holdings in shares of Kroger by 1.1% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 237,500 shares of the company’s stock worth $16,010,000 after purchasing an additional 2,700 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its position in Kroger by 12.4% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,336,067 shares of the company’s stock worth $90,064,000 after buying an additional 147,543 shares in the last quarter. UniSuper Management Pty Ltd increased its stake in Kroger by 11.4% during the third quarter. UniSuper Management Pty Ltd now owns 62,765 shares of the company’s stock valued at $4,231,000 after acquiring an additional 6,448 shares during the period. Westfuller Advisors LLC acquired a new position in Kroger in the 3rd quarter valued at approximately $105,000. Finally, Teacher Retirement System of Texas lifted its position in shares of Kroger by 16.7% in the 3rd quarter. Teacher Retirement System of Texas now owns 608,933 shares of the company’s stock worth $41,048,000 after acquiring an additional 87,281 shares during the period. 80.93% of the stock is owned by institutional investors.

Kroger Stock Down 0.5%

KR opened at $61.77 on Thursday. The firm has a market cap of $39.09 billion, a price-to-earnings ratio of 57.20, a PEG ratio of 1.74 and a beta of 0.61. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.45 and a current ratio of 0.88. The firm’s 50-day simple moving average is $63.24 and its 200-day simple moving average is $66.56. The Kroger Co. has a twelve month low of $58.60 and a twelve month high of $74.90.

Kroger (NYSE:KR) last released its quarterly earnings results on Thursday, December 4th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.02. The firm had revenue of $33.86 billion for the quarter, compared to analyst estimates of $34.27 billion. Kroger had a net margin of 0.54% and a return on equity of 38.06%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.98 earnings per share. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. Equities research analysts anticipate that The Kroger Co. will post 4.44 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. UBS Group restated a “neutral” rating and set a $70.00 price objective (down from $74.00) on shares of Kroger in a research report on Friday, December 5th. Barclays set a $68.00 price target on shares of Kroger and gave the company an “equal weight” rating in a report on Thursday, January 8th. Citigroup restated a “neutral” rating and issued a $68.00 price objective (down previously from $74.00) on shares of Kroger in a research note on Wednesday, December 10th. Evercore ISI set a $77.00 price objective on shares of Kroger and gave the stock an “outperform” rating in a report on Friday, December 5th. Finally, Wall Street Zen cut shares of Kroger from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Kroger presently has an average rating of “Moderate Buy” and an average target price of $73.80.

Kroger Profile

The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.

In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.