Neville Rodie & Shaw Position in Microsoft (MSFT) Has Increased as Market Valuation Rose; Kroger Co (KR) Shareholder Contrarius Investment Management LTD Has Trimmed Its Stake by $800,448

The Kroger Co. (NYSE:KR) Logo

Contrarius Investment Management Ltd decreased its stake in Kroger Co (KR) by 53.25% based on its latest 2019Q1 regulatory filing with the SEC. Contrarius Investment Management Ltd sold 33,352 shares as the company’s stock declined 12.95% while stock markets rallied. The institutional investor held 29,277 shares of the food chains company at the end of 2019Q1, valued at $720,000, down from 62,629 at the end of the previous reported quarter. Contrarius Investment Management Ltd who had been investing in Kroger Co for a number of months, seems to be less bullish one the $19.60B market cap company. The stock increased 0.64% or $0.16 during the last trading session, reaching $24.55. About 6.87M shares traded. The Kroger Co. (NYSE:KR) has risen 1.94% since June 11, 2018 and is uptrending. It has underperformed by 2.49% the S&P500. Some Historical KR News: 19/03/2018 – Kroger’s Fred Meyer Stores Announce Plan to Abandon Gun Business; 23/05/2018 – Kroger to buy Home Chef in latest move to get meal kits in grocery stores; 23/03/2018 – Yahoo! Finance: M&A Rumors: Are Target and Kroger Considering a Merger?; 12/03/2018 – KROGER & INSTACART EXPAND PARTNERSHIP; 16/04/2018 – DEEP ECO: Kroger May Benefit, Industry Best in Almost 4 Years; 08/03/2018 – Supermarket chain Kroger’s sales beat, but forecast disappoints; 15/03/2018 – Kroger Had $76M Remaining on Existing Buyback Authorization as of Tuesda; 20/04/2018 – Kroger Supermarket Fuel Centers and Its Turkey Hill Dairy Were Not Included in the Sale; 24/04/2018 – Kroger Closes Above 50-Day Moving Average: Technicals; 09/03/2018 – Kroger Cincinnati/Dayton Associates Ratify New Contract with UFCW 75

Neville Rodie & Shaw Inc increased its stake in Microsoft Corp (MSFT) by 4.18% based on its latest 2019Q1 regulatory filing with the SEC. Neville Rodie & Shaw Inc bought 8,414 shares as the company’s stock rose 17.99% with the market. The institutional investor held 209,650 shares of the prepackaged software company at the end of 2019Q1, valued at $24.73 million, up from 201,236 at the end of the previous reported quarter. Neville Rodie & Shaw Inc who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $ market cap company. The stock decreased 0.56% or $0.74 during the last trading session, reaching $131.86. About 16.26 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 28.55% since June 11, 2018 and is uptrending. It has outperformed by 24.12% the S&P500. Some Historical MSFT News: 07/05/2018 – lnvoice2go partners with Microsoft to showcase a new way for small businesses to get paid faster; 28/05/2018 – DayMark® Safety Systems Revolutionizes the Food Services Industry With a Digital Distribution Platform for Food Labeling – Powered by Microsoft and Sonata; 24/05/2018 – AppRiver Offers Guidance for MSPs, Resellers on Benefits of Microsoft 365; 09/04/2018 – Speedcast Strengthens Executive Team With Appointment of Clive Cuthell as Chief Financial Officer; 12/04/2018 – CNA Appoints Mark James as Senior Vice President, Global Reinsurance; 23/05/2018 – Energistics Announces that Microsoft Joins Upstream Data Exchange Standards Consortium; 25/04/2018 – Document Security Systems, Inc. VP of Research & Development David Wicker to Host RIT Document Security & Packaging Technology Workshop; 20/03/2018 – lnnovium Announces OCP SAI and Open-Source SONiC Solution to Accelerate TERALYNX™ Market Adoption; 14/05/2018 – PROS Named as Inaugural Manufacturing Partner in Global Microsoft Technology Centers; 20/03/2018 – Source-to-Pay Pioneer Determine, Inc. Brings the Power of eProcurement to SIG Global Executive Summit in Washington, DC

Since December 13, 2018, it had 0 insider buys, and 3 sales for $2.49 million activity. SCHLOTMAN J MICHAEL also sold $592,999 worth of The Kroger Co. (NYSE:KR) shares. DONNELLY MICHAEL JOSEPH also sold $811,040 worth of The Kroger Co. (NYSE:KR) on Thursday, December 13. 50,000 shares valued at $1.37 million were sold by BEYER ROBERT D on Monday, December 31.

Contrarius Investment Management Ltd, which manages about $1.91B US Long portfolio, upped its stake in Diamond Offshore Drilling In (NYSE:DO) by 3.84M shares to 8.07M shares, valued at $84.65M in 2019Q1, according to the filing. It also increased its holding in Twitter Inc (NYSE:TWTR) by 142,155 shares in the quarter, for a total of 4.18 million shares, and has risen its stake in Macys Inc (NYSE:M).

More notable recent The Kroger Co. (NYSE:KR) news were published by: Bizjournals.com which released: “Company that bought Kroger convenience stores adds 140 Cincinnati employees, plans office move – Cincinnati Business Courier” on May 16, 2019, also Seekingalpha.com with their article: “Hold Kroger For Now – Seeking Alpha” published on May 23, 2019, Investorplace.com published: “7 Stocks to Buy for June – Investorplace.com” on May 28, 2019. More interesting news about The Kroger Co. (NYSE:KR) were released by: Investorplace.com and their article: “7 Stocks to Sell Impacted by the Mexican Tariffs – Investorplace.com” published on June 03, 2019 as well as Seekingalpha.com‘s news article titled: “Kroger +1% as Bernstein boosts to Outperform on strategy – Seeking Alpha” with publication date: May 20, 2019.

Analysts await The Kroger Co. (NYSE:KR) to report earnings on June, 20. They expect $0.72 EPS, down 1.37% or $0.01 from last year’s $0.73 per share. KR’s profit will be $574.74 million for 8.52 P/E if the $0.72 EPS becomes a reality. After $0.48 actual EPS reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

Investors sentiment increased to 0.96 in 2019 Q1. Its up 0.02, from 0.94 in 2018Q4. It is positive, as 63 investors sold KR shares while 223 reduced holdings. 72 funds opened positions while 202 raised stakes. 628.01 million shares or 2.17% less from 641.94 million shares in 2018Q4 were reported. Lenox Wealth has 25,396 shares. Edge Wealth Management Limited Liability Company accumulated 420 shares. Counsel Inc accumulated 0.23% or 24,950 shares. City has 0.01% invested in The Kroger Co. (NYSE:KR) for 1,365 shares. Bluestein R H And Company accumulated 10,000 shares. Truepoint reported 16,988 shares stake. Glenmede Trust Com Na holds 0.16% of its portfolio in The Kroger Co. (NYSE:KR) for 1.41M shares. Fred Alger Management Inc holds 0% or 10,411 shares in its portfolio. State Bank Of The West holds 35,388 shares. Minneapolis Portfolio Mngmt Gp Ltd Liability has 5.37% invested in The Kroger Co. (NYSE:KR) for 1.57 million shares. Kentucky Retirement Sys Fund accumulated 15,861 shares or 0.09% of the stock. 5,645 were reported by First Hawaiian State Bank. Altrinsic Advisors Limited holds 1.24% in The Kroger Co. (NYSE:KR) or 1.09 million shares. Moreover, Manufacturers Life Insur The has 0.02% invested in The Kroger Co. (NYSE:KR). Quantres Asset Management Ltd reported 91,900 shares or 1.64% of all its holdings.

Neville Rodie & Shaw Inc, which manages about $1.50B and $943.52 million US Long portfolio, decreased its stake in Lam Research Corp (NASDAQ:LRCX) by 3,732 shares to 40,027 shares, valued at $7.17 million in 2019Q1, according to the filing. It also reduced its holding in Wells Fargo (NYSE:WFC) by 29,045 shares in the quarter, leaving it with 147,643 shares, and cut its stake in J P Morgan Chase & Co (NYSE:JPM).

Since February 6, 2019, it had 0 insider purchases, and 1 sale for $28.35 million activity.

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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