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Institutional investors mixed on Kraft Heinz; company beats Q4 earnings, raises dividend.
First Horizon Advisors Inc. reduced its holdings in Kraft Heinz Co. by 3.8%, while other investors like Hotchkis & Wiley Capital Management and State Street Corp increased their stakes.
Kraft Heinz reported Q4 earnings of $0.84 per share, beating forecasts and declared a $0.40 quarterly dividend.
Institutional investors now hold 78.17% of the company's stock.
Despite positive earnings, analysts have mixed views, with some lowering their price targets.
The stock has a market cap of $37.2 billion and a dividend yield of 5.14%.
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Inversionistas institucionales mezclados en Kraft Heinz; compañía supera Q4 ganancias, aumenta dividendo.