Barings LLC has established a new position in The Kroger Co. (NYSE:KR) by acquiring 22,224 shares valued at approximately $1.5 million in the third quarter. Institutional investors collectively own about 80.93% of Kroger’s stock, and analysts maintain a “Moderate Buy” consensus rating with a target price of $74.07. Kroger reported strong Q3 earnings, exceeding EPS estimates, and announced a quarterly dividend of $0.35 per share.
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Barings LLC Takes $1.50 Million Position in The Kroger Co. $KR
Barings LLC has established a new position in The Kroger Co. (NYSE:KR) by acquiring 22,224 shares valued at approximately $1.5 million in the third quarter. Institutional investors collectively own about 80.93% of Kroger’s stock, and analysts maintain a “Moderate Buy” consensus rating with a target price of $74.07. Kroger reported strong Q3 earnings, exceeding EPS estimates, and announced a quarterly dividend of $0.35 per share.