Avalon Global Asset Management Trimmed Kroger Co (KR) Stake by $4.35 Million; Financial Engines Advisors Has Cut Old Dominion Freight Line (ODFL) Position by $576,058 as Stock Value Declined

The Kroger Co. (NYSE:KR) Logo

Avalon Global Asset Management Llc decreased its stake in Kroger Co (KR) by 60% based on its latest 2018Q3 regulatory filing with the SEC. Avalon Global Asset Management Llc sold 150,000 shares as the company’s stock declined 9.32% with the market. The hedge fund held 100,000 shares of the food chains company at the end of 2018Q3, valued at $2.91 million, down from 250,000 at the end of the previous reported quarter. Avalon Global Asset Management Llc who had been investing in Kroger Co for a number of months, seems to be less bullish one the $23.39B market cap company. The stock decreased 0.37% or $0.11 during the last trading session, reaching $29.32. About 4.58 million shares traded. The Kroger Co. (NYSE:KR) has risen 8.52% since January 23, 2018 and is uptrending. It has outperformed by 8.52% the S&P500. Some Historical KR News: 23/04/2018 – Kroger Launches Sustainability Lives Here; 17/05/2018 – OCADO GROUP PLC OCDO.L – KROGER WILL RETAIN EXCLUSIVITY IN US CONDITIONAL ON IT MEETING MARKET SHARE TARGETS OR ORDERING AN AGREED NUMBER OF CFCS PER ANNUM; 17/05/2018 – KROGER: CLICKLIST CUSTOMERS COME TO STORE MORE OFTEN; 08/03/2018 – KROGER CO – KROGER RECORDED A LIFO CREDIT OF $54 MILLION IN THE FOURTH QUARTER; 27/03/2018 – Kroger-Target Rumor May be Tip of Consolidation Iceberg; 23/05/2018 – The great meal-kit shakeout continues as Kroger plans to buy Home Chef for at least $200 million; 20/04/2018 – Kroger Announces $1.2 B Accelerated Shr Repurchase Program; 23/03/2018 – TGT: Target, Kroger discussing potential merger, Fast Company re; 17/05/2018 – Kroger’s E-Commerce Deal Seen as Warning Shot in Grocery Battle; 16/04/2018 – Rob Portman: In Cincinnati, Portman Joins Kroger in Announcing New Employee Benefits Because of Tax Reform

Financial Engines Advisors Llc decreased its stake in Old Dominion Freight Line Inc (ODFL) by 5% based on its latest 2018Q3 regulatory filing with the SEC. Financial Engines Advisors Llc sold 3,578 shares as the company’s stock declined 22.57% with the market. The institutional investor held 68,023 shares of the transportation company at the end of 2018Q3, valued at $10.97 million, down from 71,601 at the end of the previous reported quarter. Financial Engines Advisors Llc who had been investing in Old Dominion Freight Line Inc for a number of months, seems to be less bullish one the $10.87 billion market cap company. The stock decreased 2.73% or $3.73 during the last trading session, reaching $132.9. About 920,224 shares traded or 51.50% up from the average. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has risen 0.09% since January 23, 2018 and is uptrending. It has outperformed by 0.09% the S&P500. Some Historical ODFL News: 09/03/2018 – OLD DOMINION FREIGHT LINE INC – GREG C. GANTT TO BECOME CHIEF EXECUTIVE OFFICER; 26/04/2018 – Old Dominion Freight 1Q Rev $925M; 26/04/2018 – Old Dominion Freight 1Q EPS $1.33; 20/04/2018 – DJ Old Dominion Freight Line Inc, Inst Holders, 1Q 2018 (ODFL); 13/04/2018 – REG-Odfjell SE: Notice of Annual General Meeting 2018; 05/03/2018 – Old Dominion Freight Line Provides Update for First-Qtr 2018; 25/04/2018 – Rob Dauster: Nevada just landed a commitment from 6-10 Trey Porter, a grad transfer from Old Dominion, per a source. Averaged; 10/04/2018 – OLD DOMINION FREIGHT LINE INC ODFL.O : BAIRD RAISES TARGET PRICE TO $145 FROM $135; 08/03/2018 – REG-Odfjell SE: Presentation at DNB’s Oil, Offshore and Shipping Conference; 09/03/2018 – OLD DOMINION FREIGHT LINE INC – DAVID S. CONGDON TO BECOME EXECUTIVE CHAIRMAN

Analysts await The Kroger Co. (NYSE:KR) to report earnings on March, 14. They expect $0.50 EPS, down 20.63% or $0.13 from last year’s $0.63 per share. KR’s profit will be $398.87 million for 14.66 P/E if the $0.50 EPS becomes a reality. After $0.48 actual EPS reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 4.17% EPS growth.

Investors sentiment decreased to 0.9 in Q3 2018. Its down 0.14, from 1.04 in 2018Q2. It turned negative, 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. Moreover, Rampart Invest Mngmt Lc has 0.12% invested in The Kroger Co. (NYSE:KR). Texas Permanent School Fund reported 178,844 shares stake. Mariner Wealth Advisors has 0.02% invested in The Kroger Co. (NYSE:KR) for 9,636 shares. 1.14M were accumulated by Hsbc Holdings Public Ltd Co. Quantitative Invest Ltd Liability Corp invested 0.07% of its portfolio in The Kroger Co. (NYSE:KR). Lourd Cap Limited Liability stated it has 9,197 shares. First Republic Management has 0.01% invested in The Kroger Co. (NYSE:KR). First Fiduciary Inv Counsel Inc has 439,040 shares. 105,700 were accumulated by Hennessy Advsr Inc. Putnam Invests Ltd invested in 0.44% or 6.95 million shares. Wetherby Asset owns 17,861 shares for 0.06% of their portfolio. Bancorp Of The West reported 0.25% in The Kroger Co. (NYSE:KR). 240 are held by Kistler. Moreover, Sanders Limited Com has 0.89% invested in The Kroger Co. (NYSE:KR) for 5.99M shares. Lifeplan Fin Group Incorporated invested in 950 shares or 0.02% of the stock.

Among 37 analysts covering Kroger (NYSE:KR), 17 have Buy rating, 1 Sell and 19 Hold. Therefore 46% are positive. Kroger had 126 analyst reports since August 25, 2015 according to SRatingsIntel. On Friday, January 22 the stock rating was maintained by Credit Suisse with “Neutral”. The stock of The Kroger Co. (NYSE:KR) earned “Hold” rating by Cleveland on Tuesday, August 23. As per Friday, June 16, the company rating was maintained by BMO Capital Markets. The firm has “Buy” rating by Pivotal Research given on Friday, September 11. The stock has “Hold” rating by Jefferies on Thursday, October 12. The firm earned “Hold” rating on Tuesday, January 16 by Stephens. The stock of The Kroger Co. (NYSE:KR) earned “Buy” rating by RBC Capital Markets on Friday, March 9. The firm has “Buy” rating given on Thursday, September 3 by Vetr. Deutsche Bank maintained The Kroger Co. (NYSE:KR) rating on Thursday, September 17. Deutsche Bank has “Buy” rating and $45 target. Jefferies maintained the stock with “Hold” rating in Monday, September 11 report.

Since September 18, 2018, it had 0 insider buys, and 12 selling transactions for $5.37 million activity. Shares for $288,397 were sold by Kaufman Calvin J on Thursday, October 11. Adcock Mary Ellen sold $57,739 worth of stock. The insider FIKE CARIN L sold $18,879. The insider BEYER ROBERT D sold $170,508. 25,314 shares were sold by Sharp Erin S, worth $734,106. HJELM CHRISTOPHER T sold $524,433 worth of stock.

More notable recent The Kroger Co. (NYSE:KR) news were published by: Benzinga.com which released: “Kroger (NYSE:KR), Microsoft (NASDAQ:MSFT) Team Up For Challenge To Amazon (NASDAQ:AMZN)’s Grocery Play – Benzinga” on January 08, 2019, also Seekingalpha.com with their article: “Highlights from Kroger CEO’s presentation – Seeking Alpha” published on January 15, 2019, Bizjournals.com published: “See what Kroger is testing that could be coming to a store near you (PHOTOS) – Memphis Business Journal” on January 02, 2019. More interesting news about The Kroger Co. (NYSE:KR) were released by: Fool.com and their article: “Will Kroger Really Go the Way of Sears? – The Motley Fool” published on December 26, 2018 as well as Benzinga.com‘s news article titled: “Kroger Company (The) (NYSE:KR), Wal-Mart Stores, Inc. (NYSE:WMT) – Autonomous Cargo Vans To Deliver Walmart’s Groceries With Udelv – Benzinga” with publication date: January 08, 2019.

Avalon Global Asset Management Llc, which manages about $132.23M and $289.60M US Long portfolio, upped its stake in Dollar Tree Inc (Call) (NASDAQ:DLTR) by 20,000 shares to 80,000 shares, valued at $6.52M in 2018Q3, according to the filing. It also increased its holding in Western Digital Corp (NASDAQ:WDC) by 30,420 shares in the quarter, for a total of 70,420 shares, and has risen its stake in Stanley Black & Decker Inc (NYSE:SWK).

Among 15 analysts covering Old Dominion Freight Line (NASDAQ:ODFL), 5 have Buy rating, 0 Sell and 10 Hold. Therefore 33% are positive. Old Dominion Freight Line had 65 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) has “Buy” rating given on Monday, October 29 by Argus Research. The rating was maintained by Buckingham Research on Friday, October 27 with “Neutral”. Credit Suisse maintained Old Dominion Freight Line, Inc. (NASDAQ:ODFL) rating on Friday, October 26. Credit Suisse has “Outperform” rating and $149 target. On Friday, April 20 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm earned “Market Perform” rating on Friday, July 31 by Cowen & Co. Buckingham Research maintained the stock with “Neutral” rating in Friday, February 9 report. Morgan Stanley maintained the shares of ODFL in report on Tuesday, October 9 with “Overweight” rating. The firm has “Buy” rating by KeyBanc Capital Markets given on Wednesday, October 11. Bank of America maintained it with “Underperform” rating and $143 target in Thursday, August 30 report. The stock has “Neutral” rating by Bank of America on Tuesday, June 6.

Investors sentiment decreased to 0.92 in 2018 Q3. Its down 0.21, from 1.13 in 2018Q2. It fall, as 28 investors sold ODFL shares while 156 reduced holdings. 66 funds opened positions while 104 raised stakes. 57.30 million shares or 1.11% less from 57.94 million shares in 2018Q2 were reported. Andra Ap holds 0.1% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) for 25,200 shares. Smithfield Trust invested 0.02% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). 13,697 were reported by Thomas White. Ci Global Invs Inc invested in 170 shares. Credit Suisse Ag owns 103,199 shares or 0.01% of their US portfolio. Teacher Retirement Systems Of Texas stated it has 7,263 shares or 0.01% of all its holdings. California-based First Republic Investment Incorporated has invested 0% in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Putnam Fl Inv Management Company owns 0.09% invested in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) for 5,953 shares. Moreover, Alphaone Investment Services Ltd has 1.46% invested in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) for 30,473 shares. Oregon Employees Retirement Fund owns 41,874 shares or 0.09% of their US portfolio. Fincl Architects reported 807 shares. Fincl Bank Of Montreal Can has invested 0% of its portfolio in Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Brown Brothers Harriman And stated it has 30 shares. Oak Ridge Investments Limited Liability Com holds 17,324 shares. Assetmark Inc holds 0% or 191 shares in its portfolio.

Financial Engines Advisors Llc, which manages about $88.20B and $5.24B US Long portfolio, upped its stake in Powershares Etf Trust Ii (PHB) by 312,024 shares to 966,039 shares, valued at $17.81 million in 2018Q3, according to the filing. It also increased its holding in Edwards Lifsci Corp Com Stock (NYSE:EW) by 2,132 shares in the quarter, for a total of 29,512 shares, and has risen its stake in Marathon Oil Corp (NYSE:MRO).

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Institutional Positions Chart

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