Kraft Heinz Co (KHC) Position Raised by Mitsubishi UFJ Kokusai Asset Management Co. Ltd.

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.

A number of equities analysts have weighed in on KHC shares. Susquehanna Bancshares decreased their price target on Kraft Heinz from $80.00 to $77.00 and set a “neutral” rating for the company in a report on Thursday. Morgan Stanley set a $88.00 price target on Kraft Heinz and gave the stock a “buy” rating in a report on Wednesday. BidaskClub upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Zacks Investment Research upgraded Kraft Heinz from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Finally, Citigroup decreased their price target on Kraft Heinz from $90.00 to $82.00 and set a “neutral” rating for the company in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $92.08.

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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.

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

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