Prudential Financial Holds Position in International Business Machs (IBM); As Kroger Co (KR) Stock Declined, Smead Capital Management Has Boosted by $10.40 Million Its Stake

The Kroger Co. (NYSE:KR) Logo

Prudential Financial Inc increased its stake in International Business Machs (IBM) by 4.78% based on its latest 2018Q3 regulatory filing with the SEC. Prudential Financial Inc bought 46,850 shares as the company’s stock declined 16.83% with the market. The institutional investor held 1.03M shares of the computer manufacturing company at the end of 2018Q3, valued at $155.25 million, up from 979,865 at the end of the previous reported quarter. Prudential Financial Inc who had been investing in International Business Machs for a number of months, seems to be bullish on the $122.75 billion market cap company. The stock decreased 1.19% or $1.66 during the last trading session, reaching $137.54. About 1.27 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 21.12% since March 4, 2018 and is downtrending. It has underperformed by 21.12% the S&P500. Some Historical IBM News: 24/05/2018 – MariaDB TX 3.0 Delivers First Enterprise Open Source Database to Beat Oracle, Microsoft and IBM; 17/04/2018 – IBM 1Q Cognitive Solutions Rev $4.3B; 29/03/2018 – IBM – IMPACT OF THE CHANGES ESSENTIALLY OFFSET EACH OTHER WITHIN CO’S 2018 EXPECTATIONS OF AT LEAST $13.80 OF OPERATING EPS; 17/04/2018 – IBM 1Q EPS $1.81; 03/04/2018 – IBM Earns Top Marks from Frost & Sullivan as a Leader in Customer Value Within the Integrated Commerce Order Management Space; 23/05/2018 – ‘There is no free lunch’, Macron tells tech giant CEOs; 16/05/2018 – IT Services Market in Latin America 2018-2022 with Accenture, Capgemini, HCL Technologies, IBM, and Sonda Dominating – ResearchAndMarkets.com; 17/04/2018 – IBM Generated Net Cash From Operating Activities of $4.6 Billion in 1Q; 15/05/2018 – Environmental tech start-up Veridium will use IBM’s technology to issue and manage carbon credit-backed tokens on the blockchain; 14/05/2018 – Zerto Wins Big at The Channel Company’s Annual Midsize Enterprise Summit

Smead Capital Management Inc increased its stake in Kroger Co (KR) by 18.96% based on its latest 2018Q3 regulatory filing with the SEC. Smead Capital Management Inc bought 358,635 shares as the company’s stock declined 9.32% with the market. The institutional investor held 2.25 million shares of the food chains company at the end of 2018Q3, valued at $65.51 million, up from 1.89M at the end of the previous reported quarter. Smead Capital Management Inc who had been investing in Kroger Co for a number of months, seems to be bullish on the $22.83B market cap company. The stock increased 2.14% or $0.6 during the last trading session, reaching $28.62. About 3.81 million shares traded. The Kroger Co. (NYSE:KR) has risen 8.52% since March 4, 2018 and is uptrending. It has outperformed by 8.52% the S&P500. Some Historical KR News: 23/03/2018 – MKE Business Journal: Source denies report that @Kroger, @Target are discussing merger #retail; 23/03/2018 – TARGET AND KROGER MULL A MERGER – FAST COMPANY, CITING; 08/03/2018 – BOXED IS SAID TO REJECT KROGER’S $400 MILLION PURCHASE OFFER; 06/04/2018 – Home Chef in sale talks with Kroger – sources [14:08 BST06 Apr 2018] [Proprietary] []; 17/05/2018 – Ocado’s Kroger deal wins over sceptics and cheers investors; 16/05/2018 – ♫ Reuters Insider – Whole Foods new front in the grocery price war; 23/03/2018 – Fast Co Labs: Exclusive: As Grocery Wars Rage, Target And Kroger Mull A Merger; 08/03/2018 – KROGER SEES IDENTICAL SUPERMARKET SALES GROWTH, EXCLUDING FUEL, TO RANGE FROM 1.5% TO 2.0% IN 2018; 27/04/2018 – Kroger Celebrates Zero Hunger | Zero Waste Progress; 17/05/2018 – Kroger to Increase Its Existing Investment in Ocado by 5% in a Subscription Rights Agreement

Investors sentiment decreased to 0.9 in 2018 Q3. Its down 0.14, from 1.04 in 2018Q2. It dived, as 57 investors sold KR shares while 248 reduced holdings. 91 funds opened positions while 182 raised stakes. 597.32 million shares or 1.00% less from 603.37 million shares in 2018Q2 were reported. M&T Comml Bank Corp invested in 0.02% or 170,967 shares. Great West Life Assurance Can owns 1.51 million shares. Dnb Asset Management As reported 0% stake. Livingston Grp Asset Mgmt (Operating As Southport Cap Management) reported 0% stake. 43,828 are owned by Madison Investment Inc. Amer Gp reported 0.04% in The Kroger Co. (NYSE:KR). Fjarde Ap has 0.09% invested in The Kroger Co. (NYSE:KR). Liberty Mutual Group Incorporated Asset Mngmt has 32,491 shares. Evanston Invs Inc Dba Evanston has 313,667 shares. Columbia Asset Management reported 0.07% of its portfolio in The Kroger Co. (NYSE:KR). Landscape Capital Mgmt Ltd Limited Liability Company accumulated 48,952 shares or 0.11% of the stock. Mufg Americas Hldg holds 0% or 1,500 shares. Stratos Wealth Prtnrs Limited invested in 24,911 shares. Guardian Life Of America reported 2,259 shares. 1832 Asset LP reported 0% of its portfolio in The Kroger Co. (NYSE:KR).

More notable recent The Kroger Co. (NYSE:KR) news were published by: Globenewswire.com which released: “Report: Exploring Fundamental Drivers Behind The Kroger, MarketAxess, Eros International, Hershey, Actuant, and Gazit-Globe — New Horizons, Emerging Trends, and Upcoming Developments – GlobeNewswire” on February 27, 2019, also 247Wallst.com with their article: “Target, Costco, Dollar Tree and More Major Earnings Coming This Week – 24/7 Wall St.” published on March 03, 2019, Investorplace.com published: “3 Big Stock Charts for Monday: Nielsen Holdings, Kroger and Fastenal Company – Investorplace.com” on March 04, 2019. More interesting news about The Kroger Co. (NYSE:KR) were released by: Fool.com and their article: “Kroger Earnings: Another Loss to Walmart? – The Motley Fool” published on March 03, 2019 as well as Seekingalpha.com‘s news article titled: “There Is More Than One Reason To Like Kroger – Seeking Alpha” with publication date: February 13, 2019.

Smead Capital Management Inc, which manages about $762.03M and $2.21B US Long portfolio, decreased its stake in Disney Walt Co (NYSE:DIS) by 18,214 shares to 733,062 shares, valued at $85.72M in 2018Q3, according to the filing. It also reduced its holding in Walgreens Boots Alliance Inc by 41,171 shares in the quarter, leaving it with 1.63 million shares, and cut its stake in Amerisourcebergen Corp (NYSE:ABC).

Since September 18, 2018, it had 0 insider buys, and 12 insider sales for $5.37 million activity. 115 shares were sold by SARGENT RONALD, worth $3,356. BEYER ROBERT D sold $170,508 worth of The Kroger Co. (NYSE:KR) on Friday, December 7. Clark Robert W also sold $421,370 worth of The Kroger Co. (NYSE:KR) on Friday, December 7. 18,564 shares were sold by HJELM CHRISTOPHER T, worth $524,433. 1,850 shares were sold by Adcock Mary Ellen, worth $57,739. The insider SCHLOTMAN J MICHAEL sold $592,999.

Investors sentiment increased to 0.91 in Q3 2018. Its up 0.01, from 0.9 in 2018Q2. It increased, as 65 investors sold IBM shares while 594 reduced holdings. 116 funds opened positions while 481 raised stakes. 492.69 million shares or 0.61% more from 489.70 million shares in 2018Q2 were reported. Oakworth Capital Inc invested in 3,005 shares or 0.09% of the stock. Bp Public holds 0.46% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 100,000 shares. Tennessee-based Livingston Grp Incorporated Asset Mgmt Company (Operating As Southport Capital Management) has invested 0.62% in International Business Machines Corporation (NYSE:IBM). Cap Intll Ltd Ca has 0.09% invested in International Business Machines Corporation (NYSE:IBM) for 2,010 shares. Moreover, Jones Fincl Lllp has 0% invested in International Business Machines Corporation (NYSE:IBM) for 7,083 shares. New Jersey-based Seabridge Investment Advsrs Llc has invested 3% in International Business Machines Corporation (NYSE:IBM). Capwealth Ltd Liability Com holds 12,661 shares or 0.31% of its portfolio. Moreover, J Goldman & Lp has 0.38% invested in International Business Machines Corporation (NYSE:IBM). Wellington Shields Capital Management Limited Liability stated it has 0.42% in International Business Machines Corporation (NYSE:IBM). Edgar Lomax Co Va holds 1.1% or 108,637 shares. 41,617 were accumulated by Thompson Rubinstein Investment Inc Or. Town & Country Retail Bank & Tru Dba First Bankers Tru reported 0.74% in International Business Machines Corporation (NYSE:IBM). Ledyard National Bank & Trust holds 1% in International Business Machines Corporation (NYSE:IBM) or 57,921 shares. Jnba Finance Advsr has invested 1.85% of its portfolio in International Business Machines Corporation (NYSE:IBM). Norinchukin Bank The reported 299,440 shares or 0.61% of all its holdings.

Prudential Financial Inc, which manages about $67.89 billion US Long portfolio, decreased its stake in Mgic Invt Corp Wis (NYSE:MTG) by 77,411 shares to 2.44 million shares, valued at $32.43 million in 2018Q3, according to the filing. It also reduced its holding in Kaman Corp (NYSE:KAMN) by 14,250 shares in the quarter, leaving it with 48,500 shares, and cut its stake in Liberty Ppty Tr (NYSE:LPT).

Since October 31, 2018, it had 5 insider buys, and 0 sales for $2.09 million activity. 2,000 shares were bought by Swedish Joseph, worth $232,838 on Thursday, November 1. Another trade for 1,000 shares valued at $114,673 was made by OWENS JAMES W on Wednesday, October 31. The insider Rometty Virginia M bought 8,500 shares worth $998,835. 2,153 International Business Machines Corporation (NYSE:IBM) shares with value of $249,722 were bought by WADDELL FREDERICK H.

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

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