From MarketBeat:

Sicart Associates LLC increased its holdings in The Kraft Heinz Company, with 301,791 shares of stock now worth $10,152,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also recently purchased shares, with insiders selling. Analysts have weighed in on KHC, with a consensus rating of “Hold.”

Kraft Heinz stock is up 0.4% with a share price of $37.94. The company has a market capitalization of $46.53 billion and a price-to-earnings ratio of 15.68. Kraft Heinz last reported quarterly earnings results, with a net margin of 11.00% and a return on equity of 7.63%. Analysts forecast 2.96 EPS for the current fiscal year.

The Kraft Heinz Company recently declared a quarterly dividend, with a payout ratio of 66.12%. As a leading manufacturer of food and beverage products, the company’s portfolio includes various grocery items such as condiments, sauces, cheese, and refreshment beverages. In the most recent quarter, Kraft Heinz earned $6.57 billion in revenue.

Investors may want to reconsider Kraft Heinz based on recent analyst rankings which suggest that there may be better options available. This could mean that KHC is not seen as a very good investment by discerning analysts. There are five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on, and Kraft Heinz wasn’t on the list.



Read more: The Kraft Heinz Company (NASDAQ:KHC) is Sicart Associates LLC’s 5th Largest Position