Kraft Heinz (NASDAQ:KHC) Earns Daily Media Impact Rating of 0.07

The firm offers its products under the Kraft, Oscar Mayer, Heinz, Planters, Velveeta, Philadelphia, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, PÂ'Tit Cheese, Tassimo, Plasmon, Pudliszki, Honig, HP, Benedicta, Weight Watchers, ABC, Master, Quero, Golden Circle, Wattie's, Complan, and Glucon D names. During the same quarter in the prior year, the firm earned $0.08 earnings per share. Finally, Cerebellum GP LLC acquired a new position in shares of Kraft Heinz in the 4th quarter worth approximately $124,000. Salem Investment Counselors Inc. now owns 6,295 shares of the company's stock worth $539,000 after purchasing an additional 27 shares during the last quarter. Magellan Asset Management Ltd increased its holdings in Kraft Heinz by 30.4% during the fourth quarter. Magellan Asset Management Ltd now owns 21,429,032 shares of the company's stock worth $1,666,322,000 after buying an additional 4,998,778 shares during the last quarter. Vanguard Group Inc. now owns 42,636,788 shares of the company's stock worth $3,651,416,000 after buying an additional 487,241 shares during the last quarter. 3,360,716 shares of the company traded hands, compared to its average volume of 5,630,000. Institutional investors own 63.24% of the company's stock. Susquehanna maintained the shares of KHC in report on Friday, August 26 with "Positive" rating. Jefferies Group restated a "buy" rating and set a $95.00 target price on shares of Kraft Heinz in a research report on Friday, February 16th. Piper Jaffray Companies reissued an "overweight" rating and set a $94.00 price target (up from $90.00) on shares of Kraft Heinz in a research report on Tuesday, January 30th. Finally, Susquehanna Bancshares decreased their price target on shares of Kraft Heinz from $80.00 to $77.00 and set a "neutral" rating on the stock in a research note on Thursday, February 15th. The stock has "Buy" rating by DZ Bank on Tuesday, February 20. One analyst has rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. The company now has an average rating of "Buy" and a consensus target price of $85.78.

Kraft Heinz (NASDAQ KHC) traded up $0.38 during trading hours on Monday, reaching $67.61. Kraft Heinz has a one year low of $66.36 and a one year high of $93.88. The stock has a market cap of $81,945.04, a PE ratio of 7.56, a PEG ratio of 1.82 and a beta of 0.58. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.44 and a current ratio of 0.72. Below is a list of The Kraft Heinz Company (NASDAQ:KHC) latest ratings and price target changes. The company reported $0.90 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.96 by ($0.06), Bloomberg Earnings reports. Kraft Heinz had a return on equity of 7.20% and a net margin of 41.93%. During the same period in the previous year, the firm posted $0.08 earnings per share. The business's revenue for the quarter was up.3% on a year-over-year basis. research analysts predict that Kraft Heinz Co will post 3.85 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be paid a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a yield of 3.70%. The ex-dividend date is Thursday, March 8th.

News headlines about Kraft Heinz (NASDAQ:KHC) have trended somewhat positive this week, according to Accern Sentiment.

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The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products.