Y.D. More Investments Ltd Has $123,000 Stock Position in The Kraft Heinz Company (NASDAQ:KHC)

Y.D. More Investments Ltd raised its holdings in shares of The Kraft Heinz Company (NASDAQ:KHC) by 42.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,992 shares of the company’s stock after purchasing an additional 1,198 shares during the period. Y.D. More Investments Ltd’s holdings in Kraft Heinz were worth $123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Sawyer & Company Inc bought a new stake in Kraft Heinz in the fourth quarter valued at about $25,000. Fortitude Family Office LLC grew its position in shares of Kraft Heinz by 249.5% during the 3rd quarter. Fortitude Family Office LLC now owns 741 shares of the company’s stock worth $26,000 after buying an additional 529 shares during the period. Ashton Thomas Securities LLC bought a new stake in shares of Kraft Heinz in the 3rd quarter valued at about $27,000. DiNuzzo Private Wealth Inc. raised its position in shares of Kraft Heinz by 1,077.0% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 871 shares of the company’s stock valued at $31,000 after acquiring an additional 797 shares during the period. Finally, Bangor Savings Bank bought a new position in Kraft Heinz during the 3rd quarter worth approximately $32,000. Institutional investors own 78.17% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on KHC. JPMorgan Chase & Co. reduced their price target on shares of Kraft Heinz from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Jefferies Financial Group reduced their target price on Kraft Heinz from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Wednesday, January 29th. Deutsche Bank Aktiengesellschaft downgraded Kraft Heinz from a “buy” rating to a “hold” rating and lowered their price target for the stock from $39.00 to $35.00 in a report on Thursday, October 31st. The Goldman Sachs Group decreased their price objective on Kraft Heinz from $34.00 to $32.00 and set a “sell” rating for the company in a research report on Thursday, October 31st. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $35.00 price target (down previously from $38.00) on shares of Kraft Heinz in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $34.07.

Kraft Heinz Stock Performance

KHC opened at $28.61 on Thursday. The company has a quick ratio of 0.56, a current ratio of 1.06 and a debt-to-equity ratio of 0.40. The stock has a market cap of $34.59 billion, a price-to-earnings ratio of 25.77, a PEG ratio of 3.82 and a beta of 0.47. The Kraft Heinz Company has a 12-month low of $28.31 and a 12-month high of $38.96. The business has a 50 day moving average of $30.29 and a 200-day moving average of $32.97.

Kraft Heinz Company Profile

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.