Russell Investments Group Ltd. lifted its position in shares of The Kroger Co. (NYSE:KR – Free Report) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,089,660 shares of the company’s stock after purchasing an additional 92,244 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.49% of Kroger worth $193,052,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Ares Financial Consulting LLC acquired a new stake in shares of Kroger during the 4th quarter worth approximately $25,000. Princeton Global Asset Management LLC grew its holdings in shares of Kroger by 268.1% during the 4th quarter. Princeton Global Asset Management LLC now owns 416 shares of the company’s stock worth $26,000 after purchasing an additional 303 shares in the last quarter. Avalon Trust Co acquired a new stake in shares of Kroger during the 3rd quarter worth approximately $29,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Kroger during the 4th quarter worth approximately $28,000. Finally, JPL Wealth Management LLC bought a new position in shares of Kroger during the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 80.93% of the company’s stock.
Kroger Trading Down 0.1%
KR stock opened at $64.00 on Wednesday. The company has a market cap of $39.21 billion, a P/E ratio of 41.83, a PEG ratio of 1.81 and a beta of 0.42. The Kroger Co. has a twelve month low of $58.60 and a twelve month high of $76.58. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 2.66. The business has a fifty day moving average of $66.35 and a 200-day moving average of $66.51.
Analysts Set New Price Targets
Key Stories Impacting Kroger
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Analysts say Kroger is already “investing aggressively” in price cuts, which could help the grocer compete better for inflation-conscious shoppers and support sales volume. Kroger already ‘investing aggressively’ in price cuts despite inflation, analyst says
- Positive Sentiment: Options traders are positioning bullishly ahead of earnings, suggesting some investors expect a favorable report or guidance update. Options Bulls Target Kroger Stock Before Earnings
- Neutral Sentiment: Multiple previews say Kroger’s upcoming quarterly results are likely to come in roughly in line with expectations, with outlook guidance a key focus for investors. Kroger Likely to Report In-Line First-Quarter Results, Maintain Outlook, Oppenheimer Says Kroger Earnings: What To Look For From KR
- Neutral Sentiment: Kroger is rolling out digital price tags in some stores, which could improve pricing efficiency but has also drawn shopper attention and controversy rather than a clear immediate financial impact. Shop at Kroger in Columbus? Be ready for new digital price tags Kroger is doubling down on a controversial price tag technology, including in Oregon
- Neutral Sentiment: Harris Teeter, a Kroger-owned banner, is facing renewed pressure from animal-welfare advocates over delayed cage-free egg sourcing, creating reputational noise but not an immediate earnings catalyst. Kroger-Owned Premium Grocer, Harris Teeter, Faces National Pressure and Public Accountability Campaign Over Delayed Cage-Free Egg Sourcing
Kroger Company Profile
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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