As Exxon Mobil (XOM) Stock Value Declined, Shareholder Atria Investments Decreased Position by $1.06 Million; Coho Partners LTD Lifted The Kroger Co. (KR) Holding by $2.52 Million as Stock Declined

August 12, 2018 - By Mary Kidd

The Kroger Co. (NYSE:KR) Logo

Coho Partners Ltd increased its stake in The Kroger Co. (KR) by 2.01% based on its latest 2018Q1 regulatory filing with the SEC. Coho Partners Ltd bought 109,358 shares as the company’s stock declined 11.63% with the market. The institutional investor held 5.56 million shares of the food chains company at the end of 2018Q1, valued at $133.10M, up from 5.45 million at the end of the previous reported quarter. Coho Partners Ltd who had been investing in The Kroger Co. for a number of months, seems to be bullish on the $21.68B market cap company. The stock increased 2.38% or $0.59 during the last trading session, reaching $25.38. About 13.81M shares traded or 27.29% up from the average. The Kroger Co. (NYSE:KR) has declined 15.83% since August 12, 2017 and is downtrending. It has underperformed by 28.40% the S&P500. Some Historical KR News: 23/03/2018 – Twin Cities Biz: Source denies report that Target, Kroger are discussing merger; 17/05/2018 – OCADO OCDO.L CFO SAYS KROGER PARTNERSHIP IS A “QUANTUM DIFFERENCE” THAN PREVIOUS DEALS; 16/04/2018 – JUST IN: Kroger announces new investments in employee benefits, education and wages; 08/03/2018 – KROGER CO – EXPECTS CAPITAL INVESTMENTS, EXCLUDING MERGERS, ACQUISITIONS, AND PURCHASES OF LEASED FACILITIES, TO BE APPROXIMATELY $3.0 BILLION IN 2018; 16/05/2018 – Walgreen, Kroger, Albertsons, HEB sue Allergan over dry-eye drug; 23/03/2018 – Kroger, Target jump on merger report; 03/05/2018 – Kroger Closes Below 200-Day Moving Average: Technicals; 23/03/2018 – Indy Biz Journal: Sources say Kroger-Target merger report not accurate; 23/05/2018 – KROGER TO ACQUIRE HOME CHEF FOR $200M PLUS EARNOUT PAYMENTS; 08/03/2018 – Supermarket chain Kroger’s sales beat, but forecast disappoints

Atria Investments Llc decreased its stake in Exxon Mobil Corp (XOM) by 15.39% based on its latest 2018Q1 regulatory filing with the SEC. Atria Investments Llc sold 14,272 shares as the company’s stock declined 0.16% with the market. The institutional investor held 78,445 shares of the integrated oil company at the end of 2018Q1, valued at $5.85 million, down from 92,717 at the end of the previous reported quarter. Atria Investments Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $336.25 billion market cap company. The stock decreased 0.10% or $0.08 during the last trading session, reaching $79.42. About 12.95 million shares traded or 16.17% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 3.72% since August 12, 2017 and is downtrending. It has underperformed by 16.29% the S&P500. Some Historical XOM News: 13/03/2018 – Germany’s 2017 oil output fell 6 percent, gas down 8 percent; 11/05/2018 – EXXON BOOSTS BATON ROUGE LOUISIANA REFINERY CRUDE UNIT PRODUCTION; 19/03/2018 – EXXONMOBIL BUYS LNG CARGO FOR QUAKE-HIT PAPUA NEW GUINEA FACILITY FOR EARLY APRIL – TRADERS; 08/03/2018 – Exxon says gasoline unit shut after fire at its Italian refinery; 27/04/2018 – EXXON 1Q PRODUCTION 10.04B MMCFE/D; 17/04/2018 – ETHOSENERGY – THE CONTRACT IS FOR SUPPLY OF NEW W251B8 GAS TURBINE ROTOR; 09/05/2018 – EXXON BATON ROUGE LOUISIANA REFINERY PREPARING TO RESTART CRUDE UNIT; 24/04/2018 – U.S. top court curbs human rights claims against companies; 05/03/2018 – IEA Head Speaks at CERAWeek, Exxon Plant Shutdown: Energy Wrap; 26/03/2018 – EIN BP Energy News: Rumors Of Exxon Mobil’s Demise Are Greatly Exaggerated

Atria Investments Llc, which manages about $2.88 billion and $2.07B US Long portfolio, upped its stake in Schwab Strategic Tr (SCHA) by 6,669 shares to 37,947 shares, valued at $2.62 million in 2018Q1, according to the filing. It also increased its holding in Powershares Etf Tr Ii (XSLV) by 16,905 shares in the quarter, for a total of 352,569 shares, and has risen its stake in Ishares Tr.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon close to making major oil discovery in Pakistan, official says” on August 06, 2018, also Fool.com with their article: “Kinder Morgan Inc’s Latest Growth Project Just Got a Huge Boost” published on August 10, 2018, Seekingalpha.com published: “Exxon asked for $1.8M compensation in Arkansas oil spill damage” on August 09, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon Mobil Offers A Rare Second Chance To Buy Into The Shale Story” published on August 01, 2018 as well as Benzinga.com‘s news article titled: “Exxon Mobil’s Q2 Earnings Outlook” with publication date: July 26, 2018.

Among 27 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 11 Hold. Therefore 41% are positive. Exxon Mobil had 99 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, June 5 the stock rating was upgraded by Howard Weil to “Sector Outperform”. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Equal-Weight” rating by Barclays Capital on Monday, October 12. Jefferies maintained it with “Hold” rating and $81.0 target in Tuesday, August 29 report. The company was downgraded on Thursday, June 2 by Bank of America. The firm has “Underweight” rating by Morgan Stanley given on Wednesday, January 24. The company was maintained on Tuesday, August 29 by RBC Capital Markets. The firm has “Long-Term Buy” rating given on Wednesday, June 7 by Hilliard Lyons. The company was maintained on Monday, October 9 by RBC Capital Markets. BMO Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) on Monday, June 26 with “Hold” rating. The rating was maintained by BMO Capital Markets on Wednesday, October 18 with “Hold”.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on October, 26. They expect $1.30 EPS, up 39.78% or $0.37 from last year’s $0.93 per share. XOM’s profit will be $5.50B for 15.27 P/E if the $1.30 EPS becomes a reality. After $0.92 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 41.30% EPS growth.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.03, from 0.84 in 2017Q4. It turned negative, as 52 investors sold XOM shares while 836 reduced holdings. 121 funds opened positions while 596 raised stakes. 2.15 billion shares or 0.92% less from 2.17 billion shares in 2017Q4 were reported. Kopp Inv Advsrs Limited Liability Corporation holds 6,174 shares or 0.47% of its portfolio. 14,225 were accumulated by Earnest Partners Ltd Company. Moreover, Winslow Asset Mngmt Incorporated has 0.15% invested in Exxon Mobil Corporation (NYSE:XOM) for 10,781 shares. Moreover, Ashford Cap Mgmt has 0.43% invested in Exxon Mobil Corporation (NYSE:XOM) for 38,267 shares. 220,784 are owned by Trust Of Vermont. Mcrae reported 32,285 shares. Bahl And Gaynor has invested 1.53% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Portfolio Solutions Limited Liability Company holds 0.04% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 4,120 shares. 24 were accumulated by Ironwood Llc. 34,690 are held by Beach Inv Counsel Pa. Boyer & Corporon Wealth Ltd Liability Corporation accumulated 42,552 shares. Cannell Peter B & holds 363,869 shares or 1.02% of its portfolio. Aqr Ltd Llc invested 0.18% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Louisiana State Employees Retirement has invested 0.88% in Exxon Mobil Corporation (NYSE:XOM). Raub Brock Capital Mgmt LP reported 10,043 shares.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.04, from 0.9 in 2017Q4. It dropped, 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. Jefferies Group Incorporated Ltd reported 46,800 shares. Hanseatic Management Services has invested 0.05% in The Kroger Co. (NYSE:KR). Td Asset invested in 0.01% or 259,664 shares. Proshare Ltd has 0.03% invested in The Kroger Co. (NYSE:KR). Manchester Capital Mgmt Limited Liability Corporation holds 4,506 shares. Citigroup holds 0.01% or 711,017 shares. Twin Tree Mgmt Limited Partnership stated it has 0.02% in The Kroger Co. (NYSE:KR). Goelzer Invest Mngmt accumulated 158,152 shares. Cim Invest Mangement owns 44,120 shares for 0.36% of their portfolio. 108,148 were reported by Stephens Ar. Envestnet Asset Management has invested 0.01% of its portfolio in The Kroger Co. (NYSE:KR). The Ohio-based Stratos Wealth Prtn Limited has invested 0.03% in The Kroger Co. (NYSE:KR). Macquarie Ltd owns 56,100 shares. Quinn Opportunity Ptnrs Lc owns 145,000 shares for 0.45% of their portfolio. Korea Investment Corp has 1.46 million shares for 0.16% of their portfolio.

More notable recent The Kroger Co. (NYSE:KR) news were published by: 247Wallst.com which released: “6 Most Important Things in Business Today” on August 02, 2018, also Seekingalpha.com with their article: “Conservative PA Series: The Kroger Company” published on July 30, 2018, Seekingalpha.com published: “Kroger: Innovating And Breaking Out Higher” on August 10, 2018. More interesting news about The Kroger Co. (NYSE:KR) were released by: Seekingalpha.com and their article: “Kroger roundup: Turkey Hill review, Fitch downgrade” published on August 07, 2018 as well as Fool.com‘s news article titled: “Little Hope for Blue Apron if Even This Strategy Is Failing” with publication date: August 11, 2018.

Among 37 analysts covering Kroger (NYSE:KR), 17 have Buy rating, 0 Sell and 20 Hold. Therefore 46% are positive. Kroger had 118 analyst reports since August 25, 2015 according to SRatingsIntel. Piper Jaffray upgraded the shares of KR in report on Wednesday, December 14 to “Neutral” rating. The stock of The Kroger Co. (NYSE:KR) earned “Buy” rating by Citigroup on Tuesday, December 26. The company was downgraded on Friday, June 16 by Goldman Sachs. The rating was downgraded by JP Morgan to “Neutral” on Friday, June 16. The rating was maintained by Credit Suisse with “Neutral” on Thursday, May 12. Wolfe Research downgraded The Kroger Co. (NYSE:KR) on Wednesday, June 15 to “Peer Perform” rating. RBC Capital Markets maintained the shares of KR in report on Friday, February 2 with “Buy” rating. The firm has “Buy” rating given on Thursday, June 23 by Hilliard Lyons. As per Tuesday, May 3, the company rating was initiated by Suntrust Robinson. On Tuesday, August 2 the stock rating was downgraded by BMO Capital Markets to “Market Perform”.

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

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