November 24, 2016 - By Linda Rogers · 0 Comments
Kraft Foods Group Inc (NASDAQ:KRFT) institutional sentiment decreased to 0.2 in 2016 Q2. Its down -0.20, from 0.4 in 2016Q1. The ratio turned negative, as 2 investment professionals increased and opened new holdings, while 5 decreased and sold equity positions in Kraft Foods Group Inc. The investment professionals in our partner’s database now own: 183,616 shares, down from 292,975 shares in 2016Q1. Also, the number of investment professionals holding Kraft Foods Group Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 2 Increased: 1 New Position: 1.
Kraft Foods Group, Inc. is a consumer packaged food and beverage company. The company has a market cap of $. The Firm makes and markets food and beverage products, including cheese, meats, refreshment beverages, coffee, packaged dinners, refrigerated meals, snack nuts, dressings, and other grocery products, primarily in the United States and Canada. It currently has negative earnings. The Company’s product categories span breakfast, lunch and dinner meal occasions.
It is down 6.00% since October 25, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
Columbia Asset Management holds 0.37% of its portfolio in Kraft Foods Group Inc for 11,641 shares. King Luther Capital Management Corp owns 128,668 shares or 0.11% of their US portfolio. Moreover, Tanaka Capital Management Inc has 0.08% invested in the company for 367 shares. The Ohio-based Huntington National Bank has invested 0.06% in the stock. Parametric Risk Advisors Llc, a Connecticut-based fund reported 10,000 shares.#img1#
The Kraft Heinz Company (Kraft Heinz), incorporated on February 8, 2013, is a food and beverage company. The Firm is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company’s divisions include the United States, Canada and Europe. The Company’s remaining businesses are combined as Rest of World. The Rest of World consists of three divisions: Asia Pacific; Latin America, and Russia, India, the Middle East and Africa (RIMEA). The Firm provides products for various occasions whether at home, in restaurants or on the go. The Company’s brands include Heinz, Kraft, Oscar Mayer, Planters, Philadelphia, Velveeta, Lunchables, Maxwell House, Capri Sun and Ore-Ida. The Company’s products are sold through its own sales organizations and through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors and institutions, including hotels, restaurants, hospitals, health care facilities and certain government agencies.
More notable recent Kraft Foods Group Inc (NASDAQ:KRFT) news were published by: Bloomberg.com which released: “Kraft Will Merge With Heinz in Deal Backed by 3G and Buffett” on March 25, 2015, also Wsj.com with their article: “Kraft Foods Announces CEO Change” published on December 18, 2014, Bizjournals.com published: “Shareholder vote set July 1 for Heinz, Kraft deal” on June 03, 2015. More interesting news about Kraft Foods Group Inc (NASDAQ:KRFT) were released by: Fool.com and their article: “Kraft Foods Group Inc. Shakes Up Management Team After a Flat Sales Year” published on February 12, 2015 as well as Fool.com‘s news article titled: “Why Kraft Foods Group Inc. Stock Soared 37% in March” with publication date: April 07, 2015.
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By Linda Rogers