180 Wealth Advisors LLC Buys Shares of 19,421 The Kroger Co. $KR

180 Wealth Advisors LLC bought a new position in shares of The Kroger Co. (NYSE:KR) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 19,421 shares of the company’s stock, valued at approximately $1,309,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. SOA Wealth Advisors LLC. grew its holdings in Kroger by 6,840.0% during the second quarter. SOA Wealth Advisors LLC. now owns 347 shares of the company’s stock valued at $25,000 after purchasing an additional 342 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Kroger in the 2nd quarter valued at $28,000. Rossby Financial LCC acquired a new stake in Kroger during the 2nd quarter worth $29,000. Whipplewood Advisors LLC lifted its holdings in Kroger by 10,425.0% during the second quarter. Whipplewood Advisors LLC now owns 421 shares of the company’s stock worth $30,000 after acquiring an additional 417 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC grew its stake in Kroger by 87.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 445 shares of the company’s stock valued at $32,000 after acquiring an additional 208 shares during the period. 80.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

KR has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kroger in a research report on Monday, December 22nd. UBS Group reiterated a “neutral” rating and issued a $70.00 price target (down previously from $74.00) on shares of Kroger in a report on Friday, December 5th. Evercore ISI set a $77.00 price objective on shares of Kroger and gave the stock an “outperform” rating in a research report on Friday, December 5th. Wells Fargo & Company restated an “overweight” rating and set a $70.00 price objective (down from $78.00) on shares of Kroger in a report on Thursday, December 4th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $78.00 target price on shares of Kroger in a research note on Wednesday, November 19th. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Kroger has an average rating of “Hold” and an average price target of $74.13.

Kroger Trading Up 0.5%

NYSE KR opened at $63.24 on Monday. The company has a market cap of $40.02 billion, a PE ratio of 58.55, a PEG ratio of 1.77 and a beta of 0.58. The Kroger Co. has a 12 month low of $58.12 and a 12 month high of $74.90. The stock has a 50 day moving average of $65.01 and a 200-day moving average of $67.75. The company has a current ratio of 0.88, a quick ratio of 0.45 and a debt-to-equity ratio of 2.28.

Kroger (NYSE:KR) last announced its quarterly earnings results on Thursday, December 4th. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.02. Kroger had a net margin of 0.54% and a return on equity of 38.06%. The firm had revenue of $33.86 billion during the quarter, compared to analysts’ expectations of $34.27 billion. During the same quarter last year, the company posted $0.98 earnings per share. The company’s revenue for the quarter was up .7% compared to the same quarter last year. Kroger has set its FY 2025 guidance at 4.750-4.800 EPS. On average, equities research analysts anticipate that The Kroger Co. will post 4.44 EPS for the current fiscal year.

Kroger Profile

The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.

In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.