7,068 Shares in The Kroger Co. $KR Purchased by Groupama Asset Managment

Groupama Asset Managment acquired a new stake in The Kroger Co. (NYSE:KRFree Report) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,068 shares of the company’s stock, valued at approximately $476,000.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in shares of Kroger by 27.3% in the fourth quarter. Brighton Jones LLC now owns 15,733 shares of the company’s stock worth $962,000 after purchasing an additional 3,373 shares in the last quarter. Woodline Partners LP lifted its stake in shares of Kroger by 40.7% during the 1st quarter. Woodline Partners LP now owns 56,243 shares of the company’s stock valued at $3,807,000 after buying an additional 16,270 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Kroger in the 2nd quarter worth approximately $201,000. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Kroger by 687.8% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 5,507 shares of the company’s stock worth $395,000 after buying an additional 4,808 shares during the period. Finally, Magnetar Financial LLC purchased a new position in Kroger in the 2nd quarter valued at approximately $1,061,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Kroger Stock Down 0.7%

Shares of NYSE:KR opened at $73.25 on Friday. The firm has a fifty day moving average price of $67.79 and a two-hundred day moving average price of $66.21. The company has a market cap of $46.36 billion, a price-to-earnings ratio of 47.88, a PEG ratio of 1.94 and a beta of 0.62. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.80 and a quick ratio of 0.42. The Kroger Co. has a one year low of $58.60 and a one year high of $76.58.

Kroger (NYSE:KRGet Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.08. Kroger had a net margin of 0.69% and a return on equity of 41.08%. The firm had revenue of $34.73 billion for the quarter, compared to analysts’ expectations of $35.10 billion. During the same quarter in the prior year, the firm posted $1.14 earnings per share. The business’s quarterly revenue was up 1.2% on a year-over-year basis. Kroger has set its FY 2026 guidance at 5.100-5.300 EPS. Analysts anticipate that The Kroger Co. will post 4.44 EPS for the current fiscal year.

Kroger Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, May 15th. Kroger’s dividend payout ratio is currently 91.50%.

Analysts Set New Price Targets

Several research firms have issued reports on KR. JPMorgan Chase & Co. dropped their target price on Kroger from $73.00 to $71.00 and set a “neutral” rating on the stock in a research report on Friday, December 5th. Evercore set a $77.00 price target on Kroger and gave the company an “outperform” rating in a research report on Friday, December 5th. Jefferies Financial Group reiterated a “buy” rating and set a $82.00 price objective on shares of Kroger in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft raised Kroger from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a report on Thursday, January 8th. Finally, Guggenheim reaffirmed a “buy” rating and set a $78.00 target price on shares of Kroger in a report on Tuesday, February 10th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.56.

Get Our Latest Analysis on Kroger

Key Headlines Impacting Kroger

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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.

Further Reading

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Institutional Ownership by Quarter for Kroger (NYSE:KR)

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