Smead Capital Management Upped Its Kroger Co (KR) Stake; First Trust MLP & Energy Income Fund (FEI)’s Sentiment Is 1.44

June 29, 2018 - By Adrian Erickson

The Kroger Co. (NYSE:KR) Logo

Smead Capital Management Inc increased Kroger Co (KR) stake by 105.87% reported in 2018Q1 SEC filing. Smead Capital Management Inc acquired 990,737 shares as Kroger Co (KR)’s stock declined 11.63%. The Smead Capital Management Inc holds 1.93M shares with $46.12M value, up from 935,789 last quarter. Kroger Co now has $23.08B valuation. The stock increased 0.97% or $0.275 during the last trading session, reaching $28.705. About 2.90M shares traded. The Kroger Co. (NYSE:KR) has declined 15.83% since June 29, 2017 and is downtrending. It has underperformed by 28.40% the S&P500. Some Historical KR News: 16/04/2018 – Rob Portman: In Cincinnati, Portman Joins Kroger in Announcing New Employee Benefits Because of Tax Reform; 08/03/2018 – KROGER CO – IDENTICAL SUPERMARKET SALES, WITHOUT FUEL, OF 1.5% IN THE FOURTH QUARTER OF 2017; 23/05/2018 – Kroger to buy Home Chef in latest move to get meal kits in grocery stores; 17/05/2018 – KROGER: CLICKLIST CUSTOMERS COME TO STORE MORE OFTEN; 08/03/2018 – KROGER CO – TOTAL SALES, EXCLUDING FUEL AND THE 53RD WEEK, INCREASED 2.7% IN THE FOURTH QUARTER OVER THE SAME PERIOD LAST YEAR; 23/03/2018 – “No truth” in report of possible Target-Kroger merger; 23/05/2018 – Kroger is buying meal kit company Home Chef; 16/05/2018 – Kroger Presenting at Bank of Montreal Conference Tomorrow; 23/04/2018 – Kroger Launches Sustainability Lives Here; 08/03/2018 – Supermarket chain Kroger’s sales beat, but forecast disappoints

First Trust MLP & Energy Income Fund (FEI) investors sentiment decreased to 1.44 in 2018 Q1. It’s down -0.37, from 1.81 in 2017Q4. The ratio turned negative, as 26 hedge funds opened new and increased positions, while 18 sold and reduced equity positions in First Trust MLP & Energy Income Fund. The hedge funds in our database now hold: 10.20 million shares, down from 10.63 million shares in 2017Q4. Also, the number of hedge funds holding First Trust MLP & Energy Income Fund in top ten positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 12 Increased: 17 New Position: 9.

Since January 22, 2018, it had 0 buys, and 5 selling transactions for $2.36 million activity. On Monday, January 29 the insider DONNELLY MICHAEL JOSEPH sold $1.23 million. 15,200 shares valued at $471,200 were sold by Foley Todd A on Tuesday, January 30. Clark Robert W also sold $325,292 worth of The Kroger Co. (NYSE:KR) shares. 8,000 shares valued at $245,120 were sold by HJELM CHRISTOPHER T on Monday, January 29.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.04, from 0.9 in 2017Q4. It dived, as 83 investors sold KR shares while 232 reduced holdings. 73 funds opened positions while 199 raised stakes. 632.13 million shares or 0.63% less from 636.15 million shares in 2017Q4 were reported. Aqr Capital Mngmt Limited Liability Corporation invested 0.08% of its portfolio in The Kroger Co. (NYSE:KR). M&R Cap Mngmt Inc owns 387 shares. Bluestein R H And owns 10,000 shares or 0.01% of their US portfolio. Moreover, First Commonwealth Fincl Corporation Pa has 0.9% invested in The Kroger Co. (NYSE:KR) for 35,710 shares. Td Asset reported 259,664 shares or 0.01% of all its holdings. Strs Ohio owns 2.00 million shares or 0.21% of their US portfolio. Glob X Mngmt Ltd Liability Corporation stated it has 10,841 shares. Susquehanna Group Llp reported 0.01% of its portfolio in The Kroger Co. (NYSE:KR). Hedeker Wealth accumulated 23,815 shares. Clifford Swan Invest Counsel Limited Liability Company owns 9,200 shares or 0.01% of their US portfolio. Comerica Financial Bank holds 0.04% or 213,100 shares in its portfolio. Prudential Public Ltd Liability stated it has 367,787 shares. Price T Rowe Associates Incorporated Md stated it has 0.05% of its portfolio in The Kroger Co. (NYSE:KR). Metropolitan Life Ins Com New York, New York-based fund reported 159,101 shares. Dimensional Fund Ltd Partnership invested in 4.02 million shares or 0.04% of the stock.

Among 12 analysts covering Kroger (NYSE:KR), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Kroger had 22 analyst reports since January 5, 2018 according to SRatingsIntel. The stock of The Kroger Co. (NYSE:KR) earned “Equal-Weight” rating by Morgan Stanley on Friday, June 22. The rating was maintained by Scotia Capital with “Buy” on Monday, February 5. The stock of The Kroger Co. (NYSE:KR) has “Hold” rating given on Wednesday, January 24 by BMO Capital Markets. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, February 6. As per Thursday, May 17, the company rating was upgraded by Bank of America. The rating was maintained by Stephens with “Hold” on Tuesday, January 16. Bank of America maintained the shares of KR in report on Friday, March 9 with “Neutral” rating. The firm has “Outperform” rating by Credit Suisse given on Friday, June 22. The firm earned “Market Perform” rating on Monday, March 12 by BMO Capital Markets. The stock has “Buy” rating by RBC Capital Markets on Friday, February 2.

More notable recent The Kroger Co. (NYSE:KR) news were published by: Seekingalpha.com which released: “Expected Dividend Increases In July 2018” on June 29, 2018, also Seekingalpha.com with their article: “Kroger and Nuro Partner to pilot autonomous delivery” published on June 28, 2018, 247Wallst.com published: “Kroger Escapes Major Competition and Pressure With Earnings” on June 21, 2018. More interesting news about The Kroger Co. (NYSE:KR) were released by: Fool.com and their article: “2 Must-See Takeaways From Kroger Co.’s Earnings Call” published on June 29, 2018 as well as Seekingalpha.com‘s news article titled: “Wall Street Breakfast: Ottawa Plots US Trade Retaliation” with publication date: June 29, 2018.

Riggs Asset Managment Co. Inc. holds 0.77% of its portfolio in First Trust MLP and Energy Income Fund for 152,694 shares. Tiedemann Advisors Llc owns 779,775 shares or 0.65% of their US portfolio. Moreover, Umb Bank N A Mo has 0.54% invested in the company for 1.37 million shares. The California-based Partnervest Advisory Services Llc has invested 0.2% in the stock. Ota Financial Group L.P., a New York-based fund reported 38,771 shares.

The stock increased 1.72% or $0.22 during the last trading session, reaching $13.04. About 66,388 shares traded. First Trust MLP and Energy Income Fund (FEI) has declined 19.02% since June 29, 2017 and is downtrending. It has underperformed by 31.59% the S&P500.

Another recent and important First Trust MLP and Energy Income Fund (NYSE:FEI) news was published by Businesswire.com which published an article titled: “First Trust MLP and Energy Income Fund Declares its Monthly Common Share Distribution of $0.1183 Per Share for July” on June 20, 2018.

The Kroger Co. (NYSE:KR) Institutional Positions Chart

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