Sigma Planning Corp increased its position in Kraft Heinz Company (NASDAQ:KHC - Free Report) by 11.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,292 shares of the company's stock after purchasing an additional 9,252 shares during the quarter. Sigma Planning Corp's holdings in Kraft Heinz were worth $2,748,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Generali Investments Management Co LLC purchased a new position in shares of Kraft Heinz in the fourth quarter valued at $26,000. Mountain Hill Investment Partners Corp. bought a new position in Kraft Heinz during the 4th quarter valued at $29,000. Rossby Financial LCC bought a new position in Kraft Heinz during the 1st quarter valued at $29,000. Wayfinding Financial LLC bought a new position in Kraft Heinz during the 1st quarter valued at $33,000. Finally, Pinney & Scofield Inc. bought a new position in Kraft Heinz during the 4th quarter valued at $38,000. 78.17% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
KHC has been the topic of a number of research analyst reports. Mizuho set a $29.00 price objective on shares of Kraft Heinz and gave the company a "neutral" rating in a research note on Wednesday, May 28th. DZ Bank downgraded shares of Kraft Heinz from a "buy" rating to a "hold" rating and set a $31.00 price objective on the stock. in a research note on Friday, May 9th. Sanford C. Bernstein downgraded shares of Kraft Heinz from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from $34.00 to $31.00 in a research note on Tuesday, April 22nd. The Goldman Sachs Group upgraded shares of Kraft Heinz from a "sell" rating to a "neutral" rating and increased their price objective for the company from $25.00 to $27.00 in a research note on Wednesday, June 25th. Finally, Stifel Nicolaus reduced their price objective on shares of Kraft Heinz from $31.00 to $30.00 and set a "hold" rating on the stock in a research note on Wednesday, April 30th. Three equities research analysts have rated the stock with a sell rating and sixteen have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $30.29.
Read Our Latest Analysis on KHC
Kraft Heinz Stock Performance
Shares of KHC stock traded down $0.35 during trading hours on Friday, reaching $27.79. The stock had a trading volume of 12,841,883 shares, compared to its average volume of 10,627,023. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.31 and a quick ratio of 0.81. Kraft Heinz Company has a twelve month low of $25.44 and a twelve month high of $36.53. The firm has a 50-day simple moving average of $26.68 and a 200-day simple moving average of $28.65. The firm has a market capitalization of $32.88 billion, a PE ratio of 12.67, a price-to-earnings-growth ratio of 3.23 and a beta of 0.25.
Kraft Heinz (NASDAQ:KHC - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.02. Kraft Heinz had a net margin of 10.44% and a return on equity of 7.37%. The business had revenue of $6 billion for the quarter, compared to analysts' expectations of $6.02 billion. During the same quarter last year, the company earned $0.69 EPS. The company's revenue for the quarter was down 6.4% compared to the same quarter last year. As a group, equities analysts forecast that Kraft Heinz Company will post 2.68 earnings per share for the current year.
Kraft Heinz Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, May 30th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.60 annualized dividend and a yield of 5.76%. Kraft Heinz's payout ratio is 73.06%.
Kraft Heinz Company Profile
(
Free Report)
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.
Recommended Stories

Before you consider Kraft Heinz, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kraft Heinz wasn't on the list.
While Kraft Heinz currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.