Capital International Investors Has $184.69 Million Stock Holdings in Kraft Heinz Company $KHC

Capital International Investors raised its position in Kraft Heinz Company (NASDAQ:KHC) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,616,122 shares of the company’s stock after purchasing an additional 32,395 shares during the period. Capital International Investors’ holdings in Kraft Heinz were worth $184,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Key Capital Management INC acquired a new position in Kraft Heinz in the 4th quarter valued at $29,000. New England Capital Financial Advisors LLC grew its holdings in Kraft Heinz by 70.2% in the 4th quarter. New England Capital Financial Advisors LLC now owns 1,239 shares of the company’s stock valued at $30,000 after buying an additional 511 shares in the last quarter. Rakuten Securities Inc. grew its holdings in Kraft Heinz by 172.4% in the 2nd quarter. Rakuten Securities Inc. now owns 1,245 shares of the company’s stock valued at $32,000 after buying an additional 788 shares in the last quarter. Anfield Capital Management LLC grew its holdings in Kraft Heinz by 256.7% in the 3rd quarter. Anfield Capital Management LLC now owns 1,270 shares of the company’s stock valued at $33,000 after buying an additional 914 shares in the last quarter. Finally, Sentry Investment Management LLC acquired a new position in Kraft Heinz in the 3rd quarter valued at $38,000. 78.17% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

KHC has been the subject of a number of recent analyst reports. Jefferies Financial Group cut their target price on Kraft Heinz from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Monday, March 30th. The Goldman Sachs Group set a $23.00 target price on Kraft Heinz in a research report on Thursday, February 12th. JPMorgan Chase & Co. cut their target price on Kraft Heinz from $22.00 to $21.00 and set an “underweight” rating for the company in a research report on Wednesday, March 25th. BTIG Research initiated coverage on Kraft Heinz in a research report on Monday, April 13th. They set a “neutral” rating for the company. Finally, Barclays upped their target price on Kraft Heinz from $24.00 to $25.00 and gave the company an “equal weight” rating in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $22.69.

Kraft Heinz Stock Up 3.4%

Shares of NASDAQ KHC opened at $23.35 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. The company has a market cap of $27.69 billion, a price-to-earnings ratio of -4.80 and a beta of 0.08. Kraft Heinz Company has a 12 month low of $21.03 and a 12 month high of $29.19. The stock has a 50-day moving average price of $22.94 and a two-hundred day moving average price of $23.61.

Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.08. The business had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.89 billion. Kraft Heinz had a positive return on equity of 7.26% and a negative net margin of 23.05%.Kraft Heinz’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS. Kraft Heinz has set its FY 2026 guidance at 1.980-2.100 EPS. As a group, analysts forecast that Kraft Heinz Company will post 2.07 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.60 annualized dividend and a yield of 6.9%. Kraft Heinz’s payout ratio is presently -32.92%.

Kraft Heinz Company Profile

The Kraft Heinz Company (NASDAQ: KHC) is a global food and beverage company formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company. The combination created one of the largest packaged-food companies in the world, built around well-known consumer brands. The merger was supported by major investors and established a multi-national platform for branded food products.

Kraft Heinz develops, manufactures, markets and distributes a broad portfolio of branded packaged foods and condiments.