Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Kraft Heinz Co (NASDAQ:KHC) by 10.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 107,791 shares of the company’s stock after purchasing an additional 10,192 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Kraft Heinz were worth $8,301,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Westside Investment Management Inc. raised its position in shares of Kraft Heinz by 16.6% in the second quarter. Westside Investment Management Inc. now owns 1,209 shares of the company’s stock valued at $100,000 after buying an additional 172 shares during the last quarter. Mountain Capital Investment Advisors Inc acquired a new stake in shares of Kraft Heinz during the second quarter valued at about $121,000. Cerebellum GP LLC acquired a new stake in shares of Kraft Heinz during the fourth quarter valued at about $124,000. GWM Advisors LLC acquired a new stake in shares of Kraft Heinz during the second quarter valued at about $137,000. Finally, Rockefeller Financial Services Inc. increased its position in Kraft Heinz by 438.4% during the 3rd quarter. Rockefeller Financial Services Inc. now owns 1,793 shares of the company’s stock worth $139,000 after purchasing an additional 1,460 shares in the last quarter. Hedge funds and other institutional investors own 61.93% of the company’s stock.
Shares of Kraft Heinz Co (KHC) traded up $0.21 during midday trading on Thursday, reaching $71.92. The company’s stock had a trading volume of 5,502,900 shares, compared to its average volume of 4,359,817. Kraft Heinz Co has a 12-month low of $70.25 and a 12-month high of $97.77. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.77 and a quick ratio of 0.43. The firm has a market cap of $87,376.34, a price-to-earnings ratio of 22.33, a PEG ratio of 1.93 and a beta of 0.43.
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Kraft Heinz 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.
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