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The Forsta AP Fonden increased its stake in The Kroger Co. by 31.2% in the 3rd quarter, according to a recent Form 13F filing with the SEC. The institutional investor owned 291,800 shares of the company’s stock, worth $13,058,000 as of its most recent SEC filing. Other large investors have also recently added to or reduced their stakes in the company. 78.98% of Kroger’s stock is owned by institutional investors.

Shares of Kroger stock opened at $45.90 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.80 and a quick ratio of 0.33. The stock has a market cap of $33.02 billion, a price-to-earnings ratio of 17.86, and a beta of 0.45. The firm’s 50-day moving average is $44.61 and its two-hundred day moving average is $45.78. The Kroger Co. last issued its quarterly earnings data on Thursday, November 30th. The company reported $0.95 earnings per share (EPS) for the quarter, with revenue of $33.96 billion. Analysts expect Kroger to post 4.57 earnings per share for the current fiscal year.

The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys.



Read more: Forsta AP Fonden Increases Holdings in The Kroger Co. (NYSE:KR)