Kroger shares rose 1.4% this afternoon to a price of $61.83. The stock is still trading within range of its average target price of $64.8, and over the last 52 weeks, it has recorded a 34.8% performance. Analysts have given the Large-Cap Food Chains stock target prices ranging from $55.0 to $75.0 dollars per share, with an average rating of buy.
Kroger's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.3%. The stock's short ratio is 2.54. The company's insiders own 7.65% 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 75.5%. In conclusion, we believe there is positive market sentiment regarding Kroger.
Institutions Invested in Kroger
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 11% | 81,450,515 | $5,036,085,491 |
| 2024-09-30 | Blackrock Inc. | 9% | 67,351,598 | $4,164,349,427 |
| 2024-09-30 | Berkshire Hathaway, Inc | 7% | 50,000,000 | $3,091,500,091 |
| 2024-09-30 | State Street Corporation | 5% | 33,057,629 | $2,043,953,261 |
| 2024-09-30 | Harris Associates L.P. | 3% | 22,605,188 | $1,397,678,815 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 16,019,726 | $990,499,687 |
| 2024-09-30 | Dimensional Fund Advisors LP | 2% | 13,993,346 | $865,208,608 |
| 2024-09-30 | Capital World Investors | 2% | 11,177,892 | $691,129,082 |
| 2024-09-30 | Morgan Stanley | 1% | 9,816,075 | $606,927,935 |
| 2024-09-30 | LSV Asset Management | 1% | 8,807,347 | $544,558,281 |
