Echo Global Logistics, Inc. (ECHO) EPS Estimated At $0.31; Brigade Capital Management LP Lifted Kroger Co (Call) (KR) Holding By $12.19 Million

July 12, 2018 - By Joe Cepeda

The Kroger Co. (NYSE:KR) Logo

Analysts expect Echo Global Logistics, Inc. (NASDAQ:ECHO) to report $0.31 EPS on July, 26.They anticipate $0.19 EPS change or 158.33% from last quarter’s $0.12 EPS. ECHO’s profit would be $8.79M giving it 23.47 P/E if the $0.31 EPS is correct. After having $0.33 EPS previously, Echo Global Logistics, Inc.’s analysts see -6.06% EPS growth. The stock decreased 1.19% or $0.35 during the last trading session, reaching $29.1. About 134,040 shares traded. Echo Global Logistics, Inc. (NASDAQ:ECHO) has risen 48.00% since July 12, 2017 and is uptrending. It has outperformed by 35.43% the S&P500. Some Historical ECHO News: 03/04/2018 – Echo Global Closes Above 50-Day Moving Average: Technicals; 25/04/2018 – Echo Global Logistics 1Q EPS 17c; 17/05/2018 – Echo Named to the 2018 Food Logistics’ Champions: Rock Stars of the Supply Chain; 25/04/2018 – Echo Global Logistics Reports Record First Quarter Revenue; Up 39% Year over Year; 26/04/2018 – ECHO GLOBAL LOGISTICS INC ECHO.O : JP MORGAN RAISES TARGET PRICE TO $37 FROM $35; 02/04/2018 – Fidelity Select Transport Adds Echo Global, Cuts UPS; 20/03/2018 – Investor Expectations to Drive Momentum within Key Energy Services, XOMA, Goldman Sachs BDC, Echo Global Logistics, Ellington R; 13/03/2018 – Echo Global at Company Marketing Hosted By Stephens Inc. Today; 06/03/2018 Echo Global Company Marketing Set By Stephens Inc. for Mar. 13; 22/04/2018 – DJ Echo Global Logistics Inc, Inst Holders, 1Q 2018 (ECHO)

Brigade Capital Management Lp increased Kroger Co (Call) (KR) stake by 112.77% reported in 2018Q1 SEC filing. Brigade Capital Management Lp acquired 530,000 shares as Kroger Co (Call) (KR)’s stock declined 11.63%. The Brigade Capital Management Lp holds 1.00M shares with $23.94M value, up from 470,000 last quarter. Kroger Co (Call) now has $22.28 billion valuation. The stock decreased 2.78% or $0.8 during the last trading session, reaching $27.97. About 10.54 million shares traded. The Kroger Co. (NYSE:KR) has declined 15.83% since July 12, 2017 and is downtrending. It has underperformed by 28.40% the S&P500. Some Historical KR News: 23/05/2018 – KROGER CO – EXPECTS TRANSACTION TO HAVE NO EFFECT ON 2018 EARNINGS, AND TO BE SLIGHTLY ACCRETIVE IN 2019; 20/04/2018 – Kroger Supermarket Fuel Centers and Its Turkey Hill Dairy Were Not Included in the Sale; 17/05/2018 – Kroger, Online Supermarket Ocado Enter Online Shopping Partnershi; 23/04/2018 – Kroger Launches Sustainability Lives Here; 12/03/2018 – Instacart Expands Kroger Partnership Amid Amazon Squeeze; 17/05/2018 – Kroger’s E-Commerce Deal Seen as Warning Shot in Grocery Battle; 22/03/2018 – Kohl’s, Walmart and Kroger’s Take Top Spots in Ad Effectiveness for February; 17/05/2018 – U.S grocer Kroger signs deal to use Ocado’s home delivery tech; 08/03/2018 – BOXED IS SAID TO REJECT KROGER’S $400 MILLION PURCHASE OFFER; 17/05/2018 – ♫ Reuters Insider – Kroger recruits Ocado’s robot army

Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. The company has market cap of $825.59 million. It uses a proprietary technology platform to compile and analyze data from its multi-modal network of transportation providers for the transportation and logistics needs. It has a 40.36 P/E ratio. The firm offers services in various transportation modes, such as truckload, less-than truckload, small parcel, inter-modal, domestic air, and expedited and international.

More news for Echo Global Logistics, Inc. (NASDAQ:ECHO) were recently published by: Nasdaq.com, which released: “Echo Global Logistics Second Quarter 2018 Earnings Release and Conference Call Scheduled for Wednesday, July …” on July 09, 2018. Nasdaq.com‘s article titled: “Chicago-Based 3PL, Echo Global Logistics, Is Bringing 70 New Tech Jobs to Its Headquarters This Year” and published on June 19, 2018 is yet another important article.

Among 8 analysts covering Echo Global Logistics (NASDAQ:ECHO), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. Echo Global Logistics had 12 analyst reports since January 29, 2018 according to SRatingsIntel. JP Morgan maintained it with “Overweight” rating and $37 target in Thursday, April 26 report. The company was maintained on Thursday, February 8 by Credit Suisse. UBS upgraded it to “Hold” rating and $33.0 target in Monday, January 29 report. The stock of Echo Global Logistics, Inc. (NASDAQ:ECHO) has “Underweight” rating given on Tuesday, May 1 by Morgan Stanley. UBS maintained it with “Neutral” rating and $31 target in Thursday, April 26 report. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, June 19. As per Monday, April 16, the company rating was maintained by Susquehanna. Stephens maintained the stock with “Buy” rating in Thursday, February 8 report. The stock has “Neutral” rating by Credit Suisse on Thursday, April 26. On Thursday, April 26 the stock rating was maintained by Barrington with “Buy”.

Investors sentiment increased to 1.29 in Q1 2018. Its up 0.03, from 1.26 in 2017Q4. It is positive, as 14 investors sold Echo Global Logistics, Inc. shares while 51 reduced holdings. 40 funds opened positions while 44 raised stakes. 26.25 million shares or 0.02% more from 26.25 million shares in 2017Q4 were reported. The Illinois-based Driehaus Management Ltd Limited Liability Company has invested 0.17% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Atlantic Group Inc Limited Liability Com reported 350 shares. Tiaa Cref Invest Management Lc has 0% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO). Metropolitan Life Ins reported 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO). Thrivent Fincl For Lutherans reported 16,955 shares stake. Northern Tru Corporation stated it has 0% in Echo Global Logistics, Inc. (NASDAQ:ECHO). Tudor Inv Et Al holds 11,193 shares or 0.01% of its portfolio. Fmr Limited Liability Corp holds 141,100 shares or 0% of its portfolio. Walleye Trading Limited Co reported 7,096 shares or 0% of all its holdings. Aperio Ltd Liability Co has 17,762 shares for 0% of their portfolio. Investment Mgmt Of Virginia Ltd holds 70,346 shares. Moreover, Credit Suisse Ag has 0% invested in Echo Global Logistics, Inc. (NASDAQ:ECHO). Bnp Paribas Arbitrage holds 0% of its portfolio in Echo Global Logistics, Inc. (NASDAQ:ECHO) for 8,788 shares. Secor Advisors Limited Partnership reported 79,405 shares stake. Paloma Prtnrs Management has 44,896 shares for 0.02% of their portfolio.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.04, from 0.9 in 2017Q4. It worsened, as 83 investors sold KR shares while 232 reduced holdings. 73 funds opened positions while 199 raised stakes. 632.13 million shares or 0.63% less from 636.15 million shares in 2017Q4 were reported. Seabridge Inv Advisors Limited Co owns 44,556 shares for 0.24% of their portfolio. Waterstone Management Limited Partnership accumulated 82,500 shares. State Teachers Retirement System reported 1.46 million shares. Suntrust Banks Inc invested in 0.01% or 41,443 shares. Farmers National Bank holds 5,034 shares. Wealthfront Inc invested 0% of its portfolio in The Kroger Co. (NYSE:KR). Intrust Savings Bank Na accumulated 28,796 shares. Smith Moore And has invested 0.06% in The Kroger Co. (NYSE:KR). Lsv Asset Management holds 14.95 million shares or 0.57% of its portfolio. Cullen Frost Bankers reported 0.01% in The Kroger Co. (NYSE:KR). Brown Brothers Harriman has 20.09M shares for 2.78% of their portfolio. Lenox Wealth Incorporated holds 0.15% of its portfolio in The Kroger Co. (NYSE:KR) for 18,983 shares. First Midwest National Bank Trust Division owns 19,686 shares or 0.06% of their US portfolio. The New York-based D E Shaw And has invested 0% in The Kroger Co. (NYSE:KR). Park Corporation Oh reported 38,738 shares.

Brigade Capital Management Lp decreased Ferro Corp (NYSE:FOE) stake by 90,000 shares to 535,000 valued at $12.42 million in 2018Q1. It also reduced Vistra Energy Corp stake by 3.55M shares and now owns 9.37M shares. Magnachip Semiconductor Corp (NYSE:MX) was reduced too.

More notable recent The Kroger Co. (NYSE:KR) news were published by: Nasdaq.com which released: “Blue Apron Stock: Is There Hope of a Durable Comeback?” on July 12, 2018, also Seekingalpha.com with their article: “Kroger: Multichannel Revenue Success” published on July 11, 2018, 247Wallst.com published: “Kroger Escapes Major Competition and Pressure With Earnings” on June 21, 2018. More interesting news about The Kroger Co. (NYSE:KR) were released by: Fool.com and their article: “Why Kroger Stock Gained 17% in June” published on July 06, 2018 as well as Bizjournals.com‘s news article titled: “Primo Water CEO credits Black Friday promotion for dramatic growth in sales, stock” with publication date: July 11, 2018.

Since January 22, 2018, it had 0 buys, and 6 selling transactions for $2.48 million activity. Another trade for 3,800 shares valued at $92,844 was made by Foley Todd A on Thursday, March 8. $115,056 worth of The Kroger Co. (NYSE:KR) was sold by FIKE CARIN L. On Monday, January 29 HJELM CHRISTOPHER T sold $245,120 worth of The Kroger Co. (NYSE:KR) or 8,000 shares. Shares for $325,292 were sold by Clark Robert W on Monday, January 22. DONNELLY MICHAEL JOSEPH also sold $1.23M worth of The Kroger Co. (NYSE:KR) shares.

Among 12 analysts covering Kroger Company (NYSE:KR), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Kroger Company had 21 analyst reports since January 16, 2018 according to SRatingsIntel. On Friday, February 2 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock has “Hold” rating by Stephens on Friday, March 9. Morgan Stanley maintained The Kroger Co. (NYSE:KR) on Friday, March 9 with “Equal-Weight” rating. The firm has “Hold” rating given on Thursday, March 1 by Oppenheimer. On Thursday, June 21 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Hold” rating given on Tuesday, January 16 by Stephens. Bank of America maintained the shares of KR in report on Friday, March 9 with “Neutral” rating. The rating was maintained by Jefferies on Friday, June 22 with “Buy”. The rating was upgraded by Bank of America to “Buy” on Thursday, May 17. The firm has “Equal-Weight” rating given on Tuesday, February 6 by Morgan Stanley.

Echo Global Logistics, Inc. (NASDAQ:ECHO) Institutional Positions Chart

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