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Mirae Asset Global Investments Co. Ltd. Has $12.69 Million Position in Kraft Heinz Company $KHC
Mirae Asset Global Investments Co. Ltd. significantly increased its stake in Kraft Heinz Company (NASDAQ:KHC) by 22.9% in the fourth quarter, now owning 523,167 shares valued at $12.69 million. Other institutional investors also adjusted their positions in the company, contributing to a total institutional ownership of 78.17%. Despite Kraft Heinz beating EPS estimates with $0.67 for the quarter, revenue decreased by 3.4%, and analysts have a “Reduce” rating with a consensus price target of $23.53.