Rep. Greg Landsman Sells The Kroger Co. (NYSE:KR) Stock

Representative Greg Landsman (D-Ohio) recently sold shares of The Kroger Co. NYSE: KR. In a filing disclosed on May 13th, the Representative disclosed that they had sold between $250,001 and $500,000 in Kroger stock on May 9th. The trade occurred in the Representative's "FIDELITY BROKERAGE" account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Cadence Design Systems NASDAQ: CDNS on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Simon Property Group NYSE: SPG on 3/27/2025.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Visa NYSE: V on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Cencora NYSE: COR on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 3/27/2025.
• Sold $15,001 - $50,000 in shares of Salesforce NYSE: CRM on 3/27/2025.
• Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 3/27/2025.

Kroger Price Performance

KR opened at $66.36 on Thursday. The company has a debt-to-equity ratio of 1.74, a quick ratio of 1.07 and a current ratio of 1.54. The Kroger Co. has a 52-week low of $49.04 and a 52-week high of $73.63. The stock has a market capitalization of $43.86 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 2.85 and a beta of 0.62. The stock's 50 day moving average price is $68.51 and its 200-day moving average price is $63.62.

Kroger (NYSE:KR - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.05. Kroger had a return on equity of 27.73% and a net margin of 1.85%. The firm had revenue of $34.31 billion for the quarter, compared to analysts' expectations of $34.96 billion. On average, equities research analysts predict that The Kroger Co. will post 4.44 EPS for the current year.

Kroger Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 1st. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.28 annualized dividend and a dividend yield of 1.93%. Kroger's dividend payout ratio (DPR) is presently 34.88%.

Insider Buying and Selling at Kroger

In other Kroger news, VP Brian W. Nichols sold 1,300 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $66.71, for a total value of $86,723.00. Following the transaction, the vice president now owns 12,090 shares of the company's stock, valued at approximately $806,523.90. This represents a 9.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Christine S. Wheatley sold 30,000 shares of the company's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $72.07, for a total value of $2,162,100.00. Following the completion of the sale, the executive vice president now owns 97,737 shares of the company's stock, valued at approximately $7,043,905.59. The trade was a 23.49% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 334,923 shares of company stock valued at $22,867,124. 1.40% of the stock is owned by company insiders.

Analyst Ratings Changes

KR has been the topic of several research reports. Evercore ISI lifted their price target on Kroger from $73.00 to $74.00 and gave the company an "outperform" rating in a research report on Tuesday, March 11th. Citigroup boosted their target price on Kroger from $61.00 to $65.00 and gave the stock a "neutral" rating in a report on Friday, March 7th. JPMorgan Chase & Co. boosted their target price on Kroger from $72.00 to $82.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Morgan Stanley boosted their target price on Kroger from $62.00 to $65.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 21st. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $70.00 target price on shares of Kroger in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Kroger currently has an average rating of "Moderate Buy" and a consensus target price of $67.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of KR. Millstone Evans Group LLC bought a new position in Kroger in the fourth quarter valued at about $25,000. Accent Capital Management LLC bought a new position in Kroger in the first quarter valued at about $25,000. Whipplewood Advisors LLC bought a new position in Kroger in the fourth quarter valued at about $26,000. TCTC Holdings LLC bought a new position in Kroger in the fourth quarter valued at about $27,000. Finally, Transce3nd LLC bought a new position in Kroger in the fourth quarter valued at about $28,000. 80.93% of the stock is owned by institutional investors.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2026 election. Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.

Kroger Company Profile

The Kroger Co operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.

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