Kraft Heinz Co Company Profile (NASDAQ:KHC)

Kraft Heinz Co trades on the NASDAQ under the ticker symbol "KHC."

Kraft Heinz Co announced a quarterly dividend on Wednesday, May 3rd. Shareholders of record on Friday, May 19th will be paid a dividend of $0.60 per share on Friday, June 16th. This represents a $2.40 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend is Wednesday, May 17th. View Kraft Heinz Co's Dividend History.

Kraft Heinz Co (NASDAQ:KHC) released its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.84 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.85 by $0.01. The business earned $6.36 billion during the quarter, compared to analysts' expectations of $6.44 billion. Kraft Heinz Co had a net margin of 14.00% and a return on equity of 6.22%. The business's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 earnings per share. View Kraft Heinz Co's Earnings History.

15 equities research analysts have issued 1-year price targets for Kraft Heinz Co's shares. Their forecasts range from $91.00 to $110.00. On average, they anticipate Kraft Heinz Co's stock price to reach $98.08 in the next year. View Analyst Ratings for Kraft Heinz Co.

Here are some recent quotes from research analysts about Kraft Heinz Co stock:

• 1. According to Zacks Investment Research, "Kraft Heinz enjoys long-standing consumer recognition. Strong brand portfolio, cost savings initiatives, innovation and marketing efforts boost the growth prospects of the company. Though the company’s net sales have been relatively soft, cost savings have led to better profits. However, shares have underperformed the Zacks categorized Food-Miscellaneous/Diversified industry so far this year. Soft spending by U.S. shoppers and shift in consumer preference toward natural and organic ingredients over packaged and processed food are hurting the company’s categories. Again, unfavorable currency translation is a major headwind for Kraft Heinz that is likely to hurt results in 2017." (7/20/2017)
• 2. Royal Bank Of Canada analysts commented, "Kraft Heinz's 4Q16 and 2017 may be yet another example of zigging when peers are zagging. The company has transitioned to a period of more rapid growth investment while many other food companies are implementing overhead, selling and promotion spending cuts. With a 1/2pp help from shipment timing, organic sales growth was almost 2% in 4Q - the highest since the merger and significantly above US peers. If sustained, these results seem to imply that Kraft Heinz is an advantaged acquirer on both a long- and short-term basis. While positive EPS revisions are slowing, we are estimating high-teens EPS growth in 2017 and lowdouble digit growth in 2018. We maintain our $100 price target and reiterate our Outperform rating." (2/16/2017)

Some companies that are related to Kraft Heinz Co include Mondelez International (MDLZ), General Mills (GIS), Archer-Daniels-Midland Company (ADM), Kellogg Company (K), Associated British Foods plc (ABF), Hershey Company (The) (HSY), Campbell Soup Company (CPB), ConAgra Foods (CAG), McCormick & Company, Incorporated (MKC), Bunge Limited (BG), Ingredion Incorporated (INGR), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), Dean Foods Company (DF) and MGP Ingredients (MGPI).

Kraft Heinz Co's management team includes the folowing people:

• Alexandre Behring, Independent Chairman of the Board
• Bernardo Hees, Chief Executive Officer
• John T. Cahill, Vice Chairman of the Board
• Paulo Basilio, Chief Financial Officer, Executive Vice President
• Carlos Augusto Leone Piani, Zone President,Canada
• Emin Mammadov, President, Global Foodservice
• Raphael Oliveira, Zone President, Europe
• Marcos Romaneiro, Zone President, AMEA
• Francisco Sa, Zone President , Latin America
• Eduardo Pelleissone, Executive Vice President - Global Operations

Kraft Heinz Co's stock is owned by many different of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.13%), Confluence Investment Management LLC (0.08%), Bank of Montreal Can (0.08%), Vontobel Asset Management Inc. (0.05%), Chevy Chase Trust Holdings Inc. (0.04%) and National Pension Service (0.04%). View Institutional Ownership Trends for Kraft Heinz Co.

Kraft Heinz Co's stock was sold by a variety of institutional investors in the last quarter, including Vontobel Asset Management Inc., Exxonmobil Investment Management Inc. TX, BB&T Corp, Rothschild Investment Corp IL, CrestPoint Capital Management LLC, US Bancorp DE, Leavell Investment Management Inc. and Exane Derivatives. View Insider Buying and Selling for Kraft Heinz Co.

Kraft Heinz Co's stock was purchased by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Bank of Montreal Can, APG Asset Management N.V., Mn Services Vermogensbeheer B.V., Sit Investment Associates Inc., Huntington National Bank, National Pension Service and Confluence Investment Management LLC. View Insider Buying and Selling for Kraft Heinz Co.

Shares of Kraft Heinz Co can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Kraft Heinz Co stock can currently be purchased for approximately $86.16.