Armbruster Capital Management Inc. reduces its investment in Kraft Heinz Co. (KHC)

Capri Sun and Oscar Mayer cold cuts Kraft Heinz

The timing of promotional activity for Oscar Mayer cold cuts and Capri Sun affected pricing

Year to date The Kraft Heinz Company (NASDAQ:KHC) is -10.67%, -10.37% over the last quarter, and -12.83% for the past six months. If the published price targets set by The Kraft Heinz Company analysts have any power to influence the stock's share price, the highest price target set for KHC is $105. The Company's brands include Kraft, Heinz, ABC, Capri Sun, Classico, Jell-O, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, Oscar Mayer, Philadelphia, Planters, Plasmon, Quero, Weight Watchers Smart Ones and Velveeta. Ltd. now owns 1,280 shares of the company's stock valued at $110,000 after buying an additional 950 shares during the period. Blue Chip Partners Inc. boosted its position in The Kraft Heinz by 0.5% during the second quarter. National Asset Management Inc. now owns 4,477 shares of the company's stock worth $408,000 after purchasing an additional 21 shares during the period. At one point in the past year, the shares traded as low as $0.028 but has recovered 346.11% since then.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 86.8 Percent. Also, The Kraft Heinz Company (KHC) needs to overturn a -11.48% decrease it experienced over the past twelve months. If you are accessing this news story on another website, it was illegally copied and republished in violation of USA & worldwide copyright & trademark law. The institutional investor owned 1,609 shares of the company's stock after selling 23 shares during the period.

The Kraft Heinz Company (NASDAQ:KHC) touched its 1-Year High price of $97.77 on 02/17/17 and its 1-Year Low price of $75.21 on 10/30/17. The company has a quick ratio of 0.55, a current ratio of 0.77 and a debt-to-equity ratio of 0.48. According to today's trading volume The Kraft Heinz Company is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

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The Kraft Heinz Company (KHC) reported sales (ttm) of 26.17 Billion, whereas, 14 number of analysts estimated the mean sale of 6968.47 million. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.14. The high and low revenue estimates for the current quarter are $7.06 Billion and $6.83 Billion, respectively. The Kraft Heinz had a return on equity of 7.49% and a net margin of 15.03%. Its mean Altman Z-Score: 1.34 during the last 7 years, while average Beneish M-Score: -2.63 during the last 7 years. KHC has diverse figures for different time frames; starting from week's performance it presents bullish trend of 0.94% in last five regular trading sessions.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, November 17th will be issued a $0.625 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.70%. The Kraft Heinz's payout ratio is presently 79.87%.

Several brokerages recently commented on KHC. Adjusted earnings came to 83 cents per share, matching what Wall Street analysts expected, according to Zacks Investment Research. Susquehanna Bancshares Inc reissued a "hold" rating on shares of The Kraft Heinz in a research report on Tuesday, August 1st. The company operates in the Consumer Defensive sector with a market capitalization of 95.06 Million. Finally, Piper Jaffray Companies raised shares of The Kraft Heinz from a "neutral" rating to an "overweight" rating and dropped their target price for the company from $92.00 to $90.00 in a report on Friday, October 6th. Credit Suisse Group set a $100.00 price objective on shares of The Kraft Heinz and gave the company a "buy" rating in a research note on Sunday, September 10th. 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.

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