The Kroger Co. $KR Stock Holdings Increased by ASR Vermogensbeheer N.V.

ASR Vermogensbeheer N.V. increased its holdings in shares of The Kroger Co. (NYSE:KRFree Report) by 10.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 168,687 shares of the company’s stock after acquiring an additional 15,480 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Kroger were worth $11,371,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of KR. Wealthcare Advisory Partners LLC increased its position in shares of Kroger by 1.9% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 8,025 shares of the company’s stock valued at $576,000 after purchasing an additional 146 shares during the period. PDS Planning Inc lifted its stake in Kroger by 2.0% in the second quarter. PDS Planning Inc now owns 7,715 shares of the company’s stock valued at $553,000 after acquiring an additional 152 shares during the last quarter. Cairn Investment Group Inc. increased its holdings in shares of Kroger by 0.3% during the 2nd quarter. Cairn Investment Group Inc. now owns 58,902 shares of the company’s stock valued at $4,225,000 after acquiring an additional 163 shares during the last quarter. Independent Wealth Network Inc. raised its holdings in Kroger by 0.9% in the 2nd quarter. Independent Wealth Network Inc. now owns 19,312 shares of the company’s stock worth $1,385,000 after acquiring an additional 164 shares during the period. Finally, WESPAC Advisors LLC grew its stake in shares of Kroger by 1.2% in the third quarter. WESPAC Advisors LLC now owns 13,585 shares of the company’s stock worth $916,000 after acquiring an additional 167 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on KR. Guggenheim reissued a “buy” rating and issued a $78.00 target price on shares of Kroger in a report on Wednesday, November 19th. Telsey Advisory Group reissued an “outperform” rating and issued a $80.00 target price (down previously from $82.00) on shares of Kroger in a research note on Monday, December 1st. JPMorgan Chase & Co. reduced their target price on Kroger from $73.00 to $71.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Barclays set a $68.00 price objective on shares of Kroger and gave the company an “equal weight” rating in a research report on Thursday, January 8th. Finally, Evercore ISI set a $77.00 target price on shares of Kroger and gave the stock an “outperform” rating in a report on Friday, December 5th. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $73.88.

Read Our Latest Stock Report on Kroger

Kroger News Roundup

Here are the key news stories impacting Kroger this week:

Kroger Stock Performance

Shares of KR stock opened at $63.18 on Friday. The stock has a market capitalization of $39.98 billion, a PE ratio of 58.50, a PEG ratio of 1.77 and a beta of 0.61. The company has a debt-to-equity ratio of 2.28, a current ratio of 0.88 and a quick ratio of 0.45. The Kroger Co. has a one year low of $58.12 and a one year high of $74.90. The business’s 50 day simple moving average is $63.72 and its 200 day simple moving average is $66.96.

Kroger (NYSE:KRGet Free Report) last issued its quarterly earnings results on Thursday, December 4th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. The firm had revenue of $33.86 billion during the quarter, compared to the consensus estimate of $34.27 billion. Kroger had a return on equity of 38.06% and a net margin of 0.54%.The business’s revenue was up .7% compared to the same quarter last year. During the same period last year, the business posted $0.98 EPS. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. As a group, research analysts forecast that The Kroger Co. will post 4.44 earnings per share for the current year.

Kroger Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Kroger (NYSE:KR)

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