Fairbanks Capital Management Inc. decreased its position in Kraft Heinz Co (NASDAQ:KHC) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,908 shares of the company’s stock after selling 682 shares during the period. Kraft Heinz accounts for 1.2% of Fairbanks Capital Management Inc.’s portfolio, making the stock its 21st largest position. Fairbanks Capital Management Inc.’s holdings in Kraft Heinz were worth $1,315,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Symphony Asset Management LLC boosted its holdings in Kraft Heinz by 15.6% during the second quarter. Symphony Asset Management LLC now owns 32,363 shares of the company’s stock worth $2,772,000 after buying an additional 4,377 shares during the last quarter. Edmond DE Rothschild Holding S.A. boosted its holdings in Kraft Heinz by 40.9% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 6,064 shares of the company’s stock worth $519,000 after buying an additional 1,760 shares during the last quarter. U S Global Investors Inc. bought a new position in Kraft Heinz during the second quarter worth about $388,000. Iberiabank Corp boosted its holdings in Kraft Heinz by 7.4% during the third quarter. Iberiabank Corp now owns 20,479 shares of the company’s stock worth $1,588,000 after buying an additional 1,415 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Kraft Heinz by 1.2% during the second quarter. Vanguard Group Inc. now owns 42,636,788 shares of the company’s stock worth $3,651,416,000 after purchasing an additional 487,241 shares during the period. Institutional investors and hedge funds own 61.93% of the company’s stock.

A number of equities research analysts have recently commented on the company. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $94.00 price target (up previously from $90.00) on shares of Kraft Heinz in a research report on Tuesday, January 30th. Susquehanna Bancshares dropped their price target on Kraft Heinz from $83.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, November 2nd. BidaskClub lowered Kraft Heinz from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 30th. Credit Suisse Group reaffirmed an “outperform” rating and set a $90.00 price target (down previously from $100.00) on shares of Kraft Heinz in a research report on Thursday, November 2nd. Finally, Jefferies Group assumed coverage on Kraft Heinz in a research report on Friday, January 19th. They set a “buy” rating and a $95.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $92.27.

Shares of Kraft Heinz Co (NASDAQ KHC) opened at $71.81 on Tuesday. Kraft Heinz Co has a 1 year low of $70.25 and a 1 year high of $97.77. The stock has a market capitalization of $86,974.24, a P/E ratio of 22.37, a P/E/G ratio of 1.92 and a beta of 0.43. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43.

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Kraft Heinz Company Profile

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.

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

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