Understanding Why Kraft Heinz Stock Is Moving Up Today.

Kraft Heinz stock is trading -14.8% below its average target price of $42.63 after marking a 1.2% during today's evening session. Analysts are giving the large-cap Packaged Foods company an average rating of hold and target prices ranging from $37.5 to $50.0 per share.

Kraft Heinz's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.6%. The stock's short ratio is 1.93. The company's insiders own 1.39% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 83.4%. In conclusion, we believe there is positive market sentiment regarding Kraft Heinz.

Institutions Invested in Kraft Heinz

Date Reported Holder Percentage Shares Value
2023-03-31 Berkshire Hathaway, Inc 27% 325,634,818 $11,827,056,490
2023-03-31 Blackrock Inc. 6% 76,422,467 $2,775,663,978
2023-03-31 Vanguard Group Inc 6% 68,772,609 $2,497,821,137
2023-03-31 State Street Corporation 3% 35,996,409 $1,307,389,563
2023-03-31 Bank of America Corporation 3% 31,888,587 $1,158,193,470
2023-03-31 Invesco Ltd. 2% 26,223,405 $952,434,061
2023-03-31 Capital International Investors 2% 26,180,932 $950,891,442
2023-03-31 Price (T.Rowe) Associates Inc 2% 18,644,386 $677,164,093
2023-03-31 Geode Capital Management, LLC 1% 15,062,665 $547,075,988
2023-03-31 Franklin Resources, Inc. 1% 13,552,345 $492,221,166
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.