Miramar Capital LLC acquired a new position in The Kroger Co. (NYSE:KR – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 131,577 shares of the company’s stock, valued at approximately $8,221,000. Kroger makes up about 1.8% of Miramar Capital LLC’s investment portfolio, making the stock its 29th biggest position.
Other institutional investors have also made changes to their positions in the company. Stephens Inc. AR raised its position in Kroger by 1.0% during the fourth quarter. Stephens Inc. AR now owns 17,995 shares of the company’s stock worth $1,124,000 after acquiring an additional 174 shares in the last quarter. Phillips Wealth Planners LLC grew its stake in shares of Kroger by 3.6% in the fourth quarter. Phillips Wealth Planners LLC now owns 5,348 shares of the company’s stock valued at $342,000 after acquiring an additional 188 shares in the last quarter. HUB Investment Partners LLC grew its stake in shares of Kroger by 3.0% in the second quarter. HUB Investment Partners LLC now owns 6,568 shares of the company’s stock valued at $471,000 after acquiring an additional 192 shares in the last quarter. Parsons Capital Management Inc. RI grew its stake in shares of Kroger by 1.3% in the fourth quarter. Parsons Capital Management Inc. RI now owns 15,756 shares of the company’s stock valued at $984,000 after acquiring an additional 195 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its stake in Kroger by 17.4% during the third quarter. SBI Securities Co. Ltd. now owns 1,328 shares of the company’s stock worth $90,000 after buying an additional 197 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.
Trending Headlines about Kroger
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger is promoting its new limited-time “All-American Ice Cream Collection” and giving away 100,000 free pints for the summer solstice, a marketing push that could lift traffic and reinforce customer engagement. Article Title
- Positive Sentiment: Multiple reports noted new or upcoming Kroger Marketplace openings and development progress in Kentucky, Ohio, Tennessee, and West Virginia, signaling continued store expansion and local market investment. Article Title
- Neutral Sentiment: Several lifestyle and local-news pieces highlighted the ice cream giveaway and store openings, but these are largely promotional updates rather than material financial catalysts. Article Title
- Negative Sentiment: Kroger agreed to a $2.5 million DOJ settlement over alleged Clean Air Act emissions violations, which adds a legal and compliance overhang even if the dollar amount is relatively small. Article Title
- Negative Sentiment: A report suggesting Kroger may lose more executives could raise concerns about management turnover and continuity. Article Title
Kroger Trading Up 0.0%
Kroger (NYSE:KR – Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.20 by $0.08. The company had revenue of $34.73 billion during the quarter, compared to analyst estimates of $35.10 billion. Kroger had a return on equity of 41.08% and a net margin of 0.69%.Kroger’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.14 earnings per share. On average, equities analysts forecast that The Kroger Co. will post 5.24 EPS for the current fiscal year.
Kroger Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a $0.35 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.40 annualized dividend and a yield of 2.2%. Kroger’s payout ratio is presently 91.50%.
Analyst Ratings Changes
Several analysts recently commented on KR shares. Jefferies Financial Group reiterated a “buy” rating and issued a $80.00 target price on shares of Kroger in a report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Kroger in a research report on Friday, March 27th. Barclays reissued a “positive” rating on shares of Kroger in a research report on Monday, February 9th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kroger in a report on Monday, June 1st. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $75.00 price objective on shares of Kroger in a report on Thursday, March 5th. Nine analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $74.73.
View Our Latest Research Report on KR
Kroger Company 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.
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