SG Americas Securities LLC boosted its holdings in The Kroger Co. (NYSE:KR – Free Report) by 35.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 617,934 shares of the company’s stock after acquiring an additional 160,602 shares during the quarter. SG Americas Securities LLC owned about 0.10% of Kroger worth $44,714,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in KR. Ares Financial Consulting LLC bought a new stake in shares of Kroger in the 4th quarter worth approximately $25,000. Princeton Global Asset Management LLC boosted its holdings in Kroger by 268.1% during the fourth quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock worth $26,000 after buying an additional 303 shares in the last quarter. MV Capital Management Inc. bought a new stake in Kroger during the fourth quarter worth approximately $26,000. Lloyd Advisory Services LLC. acquired a new position in Kroger in the fourth quarter worth approximately $28,000. Finally, Avalon Trust Co acquired a new position in Kroger in the third quarter worth approximately $29,000. Institutional investors own 80.93% of the company’s stock.
Kroger Stock Down 1.5%
KR stock opened at $55.78 on Tuesday. The company has a 50 day moving average of $65.22 and a two-hundred day moving average of $66.24. The company has a market cap of $34.17 billion, a price-to-earnings ratio of 32.81, a PEG ratio of 1.58 and a beta of 0.43. The Kroger Co. has a 12-month low of $55.60 and a 12-month high of $76.58. The company has a quick ratio of 0.39, a current ratio of 0.79 and a debt-to-equity ratio of 2.43.
Trending Headlines about Kroger
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger is expanding its Vanderpump Blooms x Bloom Haus partnership into home décor and other new products, giving the company another branded merchandising push that could support sales and customer traffic. Vanderpump Blooms x Bloom Haus Floral Collection by Lisa Vanderpump Expands Line
- Positive Sentiment: Some commentary points to Kroger as a possible long-term buying opportunity after the recent earnings-driven pullback, reflecting continued investor interest in the company’s defensive grocery business. The Dip in Kroger Stock Could Be a Gift. Here’s How It Could Set You Up for Life.
- Neutral Sentiment: Kroger’s CEO said shoppers are making smaller, more promotion-driven trips, signaling changing consumer behavior rather than a clear demand collapse. Kroger CEO spots trend of smaller baskets, more promotion-driven shopping trips
- Negative Sentiment: Analysts cut their outlooks on Kroger after quarterly results, with Morgan Stanley saying the company’s self-funded price-investment strategy is prudent but difficult to execute and Wells Fargo warning that near-term growth could remain choppy. Kroger’s Price Investment Strategy is Prudent but Carries Significant Difficulties, Morgan Stanley Says
- Negative Sentiment: Additional broker notes from Wells Fargo and BMO Capital lowered price targets and emphasized weaker margins, reinforcing concern that profitability may stay under pressure even if sales remain solid. These Analysts Slash Their Forecasts On Kroger Following Q1 Earnings
Analyst Upgrades and Downgrades
KR has been the subject of a number of recent research reports. Wolfe Research reiterated an “outperform” rating and set a $75.00 price objective on shares of Kroger in a research report on Thursday, March 5th. Roth Mkm restated a “buy” rating and issued a $78.00 target price (up from $75.00) on shares of Kroger in a report on Friday, March 6th. Guggenheim set a $71.00 target price on Kroger and gave the stock a “buy” rating in a research report on Monday. Wells Fargo & Company set a $58.00 target price on Kroger in a report on Monday. Finally, UBS Group set a $63.00 price target on Kroger and gave the company a “neutral” rating in a research report on Monday. Nine equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Kroger currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.56.
View Our Latest Research Report on Kroger
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.
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