The Kroger Co. $KR Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC grew its position in The Kroger Co. (NYSE:KR) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 378,118 shares of the company’s stock after buying an additional 20,568 shares during the period. Corient Private Wealth LLC owned 0.06% of Kroger worth $27,122,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in Kroger by 27.3% during the fourth quarter. Brighton Jones LLC now owns 15,733 shares of the company’s stock worth $962,000 after acquiring an additional 3,373 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Kroger by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 1,244,536 shares of the company’s stock valued at $84,243,000 after purchasing an additional 123,007 shares during the last quarter. RWA Wealth Partners LLC grew its holdings in shares of Kroger by 30.2% during the 1st quarter. RWA Wealth Partners LLC now owns 16,072 shares of the company’s stock worth $1,088,000 after purchasing an additional 3,729 shares during the period. Fuller & Thaler Asset Management Inc. increased its position in shares of Kroger by 28.7% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 37,323 shares of the company’s stock worth $2,526,000 after purchasing an additional 8,325 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in Kroger by 3.2% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 215,765 shares of the company’s stock valued at $14,605,000 after buying an additional 6,680 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Kroger Stock Up 2.7%

Shares of NYSE KR opened at $63.79 on Thursday. The stock has a market cap of $40.37 billion, a P/E ratio of 59.06, a PEG ratio of 1.74 and a beta of 0.58. The business’s fifty day simple moving average is $65.80 and its 200-day simple moving average is $67.90. The Kroger Co. has a 12-month low of $58.12 and a 12-month high of $74.90. The company has a current ratio of 0.88, a quick ratio of 0.45 and a debt-to-equity ratio of 2.28.

Kroger (NYSE:KR) last released its earnings results on Thursday, December 4th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $1.03 by $0.02. The firm had revenue of $33.86 billion during the quarter, compared to analysts’ expectations of $34.27 billion. Kroger had a return on equity of 38.06% and a net margin of 0.54%.Kroger’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.98 EPS. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. As a group, equities analysts predict that The Kroger Co. will post 4.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

KR has been the subject of several research analyst reports. Roth Mkm raised shares of Kroger from a “neutral” rating to a “buy” rating and increased their target price for the stock from $66.00 to $75.00 in a research note on Wednesday, September 17th. Weiss Ratings cut shares of Kroger from a “buy (b-)” rating to a “hold (c)” rating in a research report on Monday. Morgan Stanley set a $72.00 target price on shares of Kroger and gave the company an “equal weight” rating in a report on Monday, December 8th. JPMorgan Chase & Co. decreased their price target on Kroger from $73.00 to $71.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Finally, Telsey Advisory Group restated an “outperform” rating and set a $80.00 price target (down from $82.00) on shares of Kroger in a research report on Monday, December 1st. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $74.18.

Kroger Profile

The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.