San Francisco Sentry Investment Group CA trimmed its holdings in Kraft Heinz Co (NASDAQ:KHC) by 37.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,634 shares of the company’s stock after selling 3,394 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in Kraft Heinz were worth $439,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Symphony Asset Management LLC raised its holdings in Kraft Heinz by 15.6% during the 2nd quarter. Symphony Asset Management LLC now owns 32,363 shares of the company’s stock worth $2,772,000 after purchasing an additional 4,377 shares during the last quarter. Edmond DE Rothschild Holding S.A. raised its holdings in Kraft Heinz by 40.9% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 6,064 shares of the company’s stock worth $519,000 after purchasing an additional 1,760 shares during the last quarter. U S Global Investors Inc. bought a new stake in Kraft Heinz during the 2nd quarter worth about $388,000. Iberiabank Corp raised its holdings in Kraft Heinz by 7.4% during the 3rd quarter. Iberiabank Corp now owns 20,479 shares of the company’s stock worth $1,588,000 after purchasing an additional 1,415 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Kraft Heinz by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 42,636,788 shares of the company’s stock valued at $3,651,416,000 after acquiring an additional 487,241 shares during the last quarter. 61.93% of the stock is owned by institutional investors and hedge funds.

Kraft Heinz Co (NASDAQ:KHC) opened at $71.38 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. Kraft Heinz Co has a 12-month low of $70.25 and a 12-month high of $97.77. The stock has a market capitalization of $86,974.24, a P/E ratio of 20.05, a P/E/G ratio of 1.92 and a beta of 0.43.

KHC has been the subject of a number of recent analyst reports. Jefferies Group initiated coverage on Kraft Heinz in a research note on Friday, January 19th. They issued a “buy” rating and a $95.00 price target for the company. Zacks Investment Research raised Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. BidaskClub raised Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. BMO Capital Markets lowered their price target on Kraft Heinz from $96.00 to $82.00 and set a “market perform” rating for the company in a research note on Thursday, November 2nd. Finally, Citigroup lowered their price target on Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating for the company in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Kraft Heinz currently has a consensus rating of “Buy” and an average target price of $92.27.

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About Kraft Heinz

The Kraft Heinz Company is a food and beverage company. 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. The Company’s segments include the United States, Canada and Europe.

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Institutional Ownership by Quarter for Kraft Heinz (NASDAQ:KHC)

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