Moors & Cabot Inc. lifted its holdings in Kraft Heinz Co (NASDAQ:KHC) by 67.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,910 shares of the company’s stock after acquiring an additional 31,882 shares during the period. Moors & Cabot Inc.’s holdings in Kraft Heinz were worth $2,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the company. Meridian Wealth Management LLC bought a new stake in Kraft Heinz in the 1st quarter valued at about $27,000. Zions Bancorporation N.A. increased its position in Kraft Heinz by 303.4% in the 2nd quarter. Zions Bancorporation N.A. now owns 960 shares of the company’s stock valued at $30,000 after buying an additional 722 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in Kraft Heinz by 65.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,046 shares of the company’s stock valued at $34,000 after buying an additional 412 shares in the last quarter. G&S Capital LLC bought a new stake in Kraft Heinz in the 1st quarter valued at about $36,000. Finally, Harvest Group Wealth Management LLC bought a new stake in Kraft Heinz in the 1st quarter valued at about $41,000. 58.03% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages recently commented on KHC. BidaskClub lowered Westport Fuel Systems from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. Piper Jaffray Companies set a $360.00 target price on Ulta Beauty and gave the company a “buy” rating in a research report on Friday, May 31st. Zacks Investment Research lowered GenMark Diagnostics from a “hold” rating to a “sell” rating in a report on Wednesday, April 24th. Evercore ISI began coverage on Mondelez International in a report on Tuesday, June 11th. They set an “outperform” rating and a $62.00 price objective for the company. Finally, UBS Group reissued a “buy” rating and set a $25.00 price objective on shares of Infineon Technologies in a report on Tuesday, May 7th. Five research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $41.22.

Shares of NASDAQ KHC traded down $0.10 during midday trading on Tuesday, reaching $31.66. The company’s stock had a trading volume of 75,433 shares, compared to its average volume of 5,752,209. Kraft Heinz Co has a 12-month low of $26.96 and a 12-month high of $64.99. The firm has a 50 day moving average price of $30.94. The firm has a market cap of $38.49 billion, a PE ratio of 8.94, a P/E/G ratio of 3.11 and a beta of 0.76. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.21 and a quick ratio of 0.85.

Kraft Heinz Profile

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. Its products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. The company offers its products under the Kraft, Oscar Mayer, Heinz, Philadelphia, Lunchables, Velveeta, Planters, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Classico, Plasmon, Pudliszki, Honig, HP, Benedicta, ABC, Master, Quero, Golden Circle, Wattie's, Glucon D, and Complan names.

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

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