Urban Edge Properties (UE) Forms $21.35 Double Bottom; Kroger Company (the) (KR) Sellers Decreased By 11.88% Their Shorts

April 2, 2018 - By Annabelle Johnson

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Urban Edge Properties (UE) formed double bottom with $19.43 target or 9.00% below today’s $21.35 share price. Urban Edge Properties (UE) has $2.70B valuation. The stock decreased 0.70% or $0.15 during the last trading session, reaching $21.35. About 573,654 shares traded. Urban Edge Properties (NYSE:UE) has declined 20.36% since April 2, 2017 and is downtrending. It has underperformed by 31.91% the S&P500.

Kroger Company (the) (NYSE:KR) had a decrease of 11.88% in short interest. KR’s SI was 31.01 million shares in April as released by FINRA. Its down 11.88% from 35.19 million shares previously. With 11.11 million avg volume, 3 days are for Kroger Company (the) (NYSE:KR)’s short sellers to cover KR’s short positions. The SI to Kroger Company (the)’s float is 3.54%. The stock increased 1.35% or $0.32 during the last trading session, reaching $23.94. About 6.65M shares traded. The Kroger Co. (NYSE:KR) has declined 18.87% since April 2, 2017 and is downtrending. It has underperformed by 30.42% the S&P500.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.02, from 0.88 in 2017Q3. It is positive, as 78 investors sold The Kroger Co. shares while 251 reduced holdings. 121 funds opened positions while 176 raised stakes. 636.15 million shares or 7.55% less from 688.12 million shares in 2017Q3 were reported. The Texas-based Teacher Retirement System Of Texas has invested 0.18% in The Kroger Co. (NYSE:KR). Arrowgrass Capital Prtn (Us) L P stated it has 0% of its portfolio in The Kroger Co. (NYSE:KR). Colrain Capital Ltd Liability Com invested in 0.7% or 31,028 shares. Amica Retiree Med Trust owns 11,665 shares. Old Mutual Customised Solutions (Proprietary) Limited reported 26,200 shares. Kopernik Ltd holds 468,637 shares. Art Advsrs Limited Liability Corp has 48,200 shares for 0.06% of their portfolio. Madison Inv reported 28,353 shares stake. Sequoia Fincl Advisors Limited Liability Corporation stated it has 0.02% of its portfolio in The Kroger Co. (NYSE:KR). Fund Evaluation Group Inc Ltd Company has 0.13% invested in The Kroger Co. (NYSE:KR). Hengehold Cap Mgmt Limited Liability Co has invested 0.11% in The Kroger Co. (NYSE:KR). Parametric Portfolio Associates Limited Liability holds 0.18% of its portfolio in The Kroger Co. (NYSE:KR) for 6.51 million shares. Peapack Gladstone Fincl Corporation reported 0.01% of its portfolio in The Kroger Co. (NYSE:KR). Advantus Mngmt reported 0.06% of its portfolio in The Kroger Co. (NYSE:KR). Wolverine Asset Mngmt Limited Liability holds 0% or 15,000 shares in its portfolio.

Since December 19, 2017, it had 0 buys, and 6 insider sales for $2.81 million activity. $1.23M worth of The Kroger Co. (NYSE:KR) was sold by DONNELLY MICHAEL JOSEPH on Monday, January 29. 8,000 The Kroger Co. (NYSE:KR) shares with value of $245,120 were sold by HJELM CHRISTOPHER T. Foley Todd A had sold 3,800 shares worth $92,844. Clark Robert W had sold 11,000 shares worth $325,292.

Among 37 analysts covering Kroger (NYSE:KR), 16 have Buy rating, 0 Sell and 21 Hold. Therefore 43% are positive. Kroger had 110 analyst reports since August 25, 2015 according to SRatingsIntel. On Thursday, March 1 the stock rating was downgraded by Oppenheimer to “Hold”. As per Monday, June 26, the company rating was maintained by Wells Fargo. The stock of The Kroger Co. (NYSE:KR) has “Market Perform” rating given on Monday, September 11 by BMO Capital Markets. RBC Capital Markets maintained The Kroger Co. (NYSE:KR) rating on Friday, October 13. RBC Capital Markets has “Outperform” rating and $34 target. The company was maintained on Thursday, September 17 by Deutsche Bank. Vetr downgraded the shares of KR in report on Thursday, September 3 to “Buy” rating. The stock has “Hold” rating by BMO Capital Markets on Friday, March 2. As per Thursday, March 23, the company rating was upgraded by RBC Capital Markets. RBC Capital Markets maintained the shares of KR in report on Tuesday, July 18 with “Buy” rating. The company was maintained on Wednesday, June 21 by Oppenheimer.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company has market cap of $20.83 billion. It also makes and processes food for sale in its supermarkets. It has a 11.45 P/E ratio. The firm operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.

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