$0.95 EPS Expected for The Kraft Heinz Company (KHC); Kensico Capital Management Trimmed Marathon Pete (MPC) Holding

February 13, 2018 - By Darrin Black

Kensico Capital Management Corp decreased Marathon Pete Corp (MPC) stake by 12.63% reported in 2017Q3 SEC filing. Kensico Capital Management Corp sold 1.14 million shares as Marathon Pete Corp (MPC)’s stock rose 5.52%. The Kensico Capital Management Corp holds 7.91M shares with $443.57M value, down from 9.05M last quarter. Marathon Pete Corp now has $31.48B valuation. The stock increased 1.46% or $0.93 during the last trading session, reaching $64.77. About 3.42 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.20% since February 13, 2017 and is uptrending. It has outperformed by 29.50% the S&P500.

Analysts expect The Kraft Heinz Company (NASDAQ:KHC) to report $0.95 EPS on February, 21.They anticipate $0.04 EPS change or 4.40% from last quarter’s $0.91 EPS. KHC’s profit would be $1.16B giving it 18.90 P/E if the $0.95 EPS is correct. After having $0.83 EPS previously, The Kraft Heinz Company’s analysts see 14.46% EPS growth. The stock increased 0.60% or $0.43 during the last trading session, reaching $71.81. About 4.37M shares traded or 13.97% up from the average. The Kraft Heinz Company (NASDAQ:KHC) has risen 8.77% since February 13, 2017 and is uptrending. It has underperformed by 7.93% the S&P500.

Since September 14, 2017, it had 0 buys, and 5 selling transactions for $7.73 million activity. Shares for $1.12M were sold by Palmer C. Michael. On Thursday, December 14 the insider Nichols Rodney P. sold $413,864. $2.31M worth of Marathon Petroleum Corporation (NYSE:MPC) was sold by Kelley Thomas M. on Thursday, December 14.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.14, from 1.05 in 2017Q2. It dived, as 52 investors sold MPC shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes. 380.18 million shares or 0.85% less from 383.45 million shares in 2017Q2 were reported. Texas Permanent School Fund stated it has 0.1% in Marathon Petroleum Corporation (NYSE:MPC). Ellington Management Gru Ltd holds 13,500 shares or 0.13% of its portfolio. Weaver C Barksdale & Associate reported 25,591 shares or 1.6% of all its holdings. The United Kingdom-based Hermes Invest Mngmt Limited has invested 0.52% in Marathon Petroleum Corporation (NYSE:MPC). Whittier Trust Of Nevada Incorporated holds 0.08% in Marathon Petroleum Corporation (NYSE:MPC) or 15,961 shares. Thompson Siegel Walmsley Ltd Liability Company reported 440,523 shares stake. Brown Brothers Harriman Company invested in 0% or 1,705 shares. Indexiq Advisors Llc invested in 0% or 1,875 shares. Lsv Asset has 3.15M shares. Mcf Advsrs Limited Liability Company holds 0% or 400 shares in its portfolio. Town & Country Commercial Bank & Co Dba First Bankers Co reported 1.33% stake. 1,400 are owned by Whitnell And. Price T Rowe Assocs Incorporated Md has invested 0.07% in Marathon Petroleum Corporation (NYSE:MPC). Endurance Wealth Mgmt owns 104 shares. Breton Hill has 67,782 shares.

Among 19 analysts covering Marathon Petroleum Corp (NYSE:MPC), 12 have Buy rating, 1 Sell and 6 Hold. Therefore 63% are positive. Marathon Petroleum Corp had 74 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Top Pick” rating on Friday, April 29 by RBC Capital Markets. The firm has “Buy” rating by Deutsche Bank given on Friday, December 4. The rating was upgraded by Wells Fargo to “Outperform” on Wednesday, October 7. The firm has “Buy” rating by Cowen & Co given on Thursday, July 13. Deutsche Bank maintained the shares of MPC in report on Tuesday, February 9 with “Buy” rating. The firm earned “Hold” rating on Monday, August 17 by Vetr. The rating was downgraded by Goldman Sachs to “Neutral” on Tuesday, October 3. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by Zacks on Monday, August 10. Credit Suisse maintained Marathon Petroleum Corporation (NYSE:MPC) on Thursday, July 13 with “Buy” rating. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Outperform” rating by Oppenheimer on Wednesday, November 25.

Among 16 analysts covering Kraft Heinz (NASDAQ:KHC), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Kraft Heinz had 41 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, July 30, the company rating was upgraded by Bernstein. On Tuesday, August 16 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, October 3. The stock has “Buy” rating by Stifel Nicolaus on Monday, August 14. The company was maintained on Monday, June 5 by RBC Capital Markets. Susquehanna maintained the stock with “Hold” rating in Tuesday, August 1 report. On Thursday, November 2 the stock rating was maintained by Citigroup with “Neutral”. The stock of The Kraft Heinz Company (NASDAQ:KHC) earned “Buy” rating by Credit Suisse on Thursday, November 2. The stock of The Kraft Heinz Company (NASDAQ:KHC) has “Hold” rating given on Tuesday, June 6 by Susquehanna. RBC Capital Markets maintained The Kraft Heinz Company (NASDAQ:KHC) on Thursday, December 21 with “Buy” rating.

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and internationally. The company has market cap of $87.50 billion. The Company’s products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, and other grocery products. It has a 22.44 P/E ratio. The firm offers its products under the Kraft, Oscar Mayer, Heinz, Planters, Velveeta, Philadelphia, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, P'Tit Cheese, Tassimo, Plasmon, Pudliszki, Honig, HP, Benedicta, Weight Watchers, ABC, Master, Quero, Golden Circle, Wattie's, Complan, and Glucon D names.

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