The Kraft Heinz Company (NASDAQ:KHC) Shares Bought by Aviso Financial Inc.

Aviso Financial Inc. increased its position in The Kraft Heinz Company (NASDAQ:KHC) by 25,449.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,585 shares of the company’s stock after buying an additional 15,524 shares during the quarter. Aviso Financial Inc.’s holdings in Kraft Heinz were worth $479,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Thompson Siegel & Walmsley LLC increased its holdings in shares of Kraft Heinz by 96.4% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,858,253 shares of the company’s stock valued at $87,777,000 after buying an additional 1,403,220 shares in the last quarter. HBK Sorce Advisory LLC raised its position in shares of Kraft Heinz by 18.8% during the fourth quarter. HBK Sorce Advisory LLC now owns 7,937 shares of the company’s stock worth $244,000 after purchasing an additional 1,254 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Kraft Heinz by 95.2% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 345,932 shares of the company’s stock valued at $10,496,000 after purchasing an additional 168,734 shares during the last quarter. Tredje AP fonden boosted its position in shares of Kraft Heinz by 50.9% in the 4th quarter. Tredje AP fonden now owns 431,938 shares of the company’s stock valued at $13,265,000 after purchasing an additional 145,650 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Kraft Heinz in the 4th quarter worth about $3,894,000. Institutional investors own 78.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on KHC shares. TD Cowen decreased their target price on shares of Kraft Heinz from $34.00 to $32.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. Mizuho lowered shares of Kraft Heinz from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $38.00 to $31.00 in a research note on Monday, February 10th. UBS Group cut their target price on shares of Kraft Heinz from $37.00 to $31.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. StockNews.com raised Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Bank of America lowered Kraft Heinz from a “buy” rating to an “underperform” rating and dropped their price target for the company from $36.00 to $30.00 in a research report on Thursday, February 13th. Two equities research analysts have rated the stock with a sell rating and thirteen have given a hold rating to the company’s stock. According to data from MarketBeat.com, Kraft Heinz has a consensus rating of “Hold” and a consensus price target of $30.86.

Kraft Heinz Trading Up 0.1 %

Kraft Heinz stock opened at $30.23 on Friday. The Kraft Heinz Company has a one year low of $27.25 and a one year high of $38.96. The company’s fifty day moving average price is $29.86 and its two-hundred day moving average price is $32.14. The company has a market capitalization of $36.12 billion, a price-to-earnings ratio of 13.38, a PEG ratio of 3.39 and a beta of 0.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.06 and a quick ratio of 0.59.

Kraft Heinz (NASDAQ:KHC) last issued its quarterly earnings data on Wednesday, February 12th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. Kraft Heinz had a return on equity of 7.58% and a net margin of 10.62%. On average, analysts forecast that The Kraft Heinz Company will post 2.68 earnings per share for the current fiscal year.

Kraft Heinz Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 7th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $1.60 annualized dividend and a yield of 5.29%. Kraft Heinz’s dividend payout ratio (DPR) is presently 70.80%.

About Kraft Heinz

The Kraft Heinz Company, together with its subsidiaries, manufactures and markets food and beverage products in North America and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Ore-Ida, Maxwell House, Kool-Aid, Jell-O, Heinz, ABC, Master, Quero, Kraft, Golden Circle, Wattie's, Pudliszki, and Plasmon brands.