Kroger Co. (KR) has been the topic of several significant maneuvers in the investing realm. Shares have been exchanged among investment companies, including
Paloma Partners Management Co and
Empowered Funds LLC.
Price T Rowe Associates Inc. MD and
DekaBank Deutsche Girozentrale have multi-million dollar stakes in the company. Moreover,
Kroger has introduced a new brand,
Field & Vine, promoting local farming. There have been fluctuations in the company's stock performance leading to contrasting reviews from investors.
Kroger's board has elevated its quarterly dividend by 10%, signaling confidence in the company's prospects. The company has reported better than expected earnings for Q1, even though it marked a decline for the first time in 12 quarters.
Kroger's stock saw a notable return of 174% in the last five years. Meanwhile, there is speculation revolving around a potential merger with
Albertsons, which was put on hold causing both stocks to face volatility. Lastly,
Senior Vice President Valerie Jabbar divested 15,000 shares of
Kroger Co.
The Kroger KR News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sun, 04 Aug 2024 23:00:40 GMT -
Rating 7
- Innovation 6
- Information 5
- Rumor -3
