Gqg Partners Reduces $37M in The Kroger Co. ($KR)
Key Points
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Gqg Partners trimmed its position in The Kroger Co. ($KR) by 4.93% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,737,042 shares of The Kroger Co. after selling 661,030 shares during the quarter. Gqg Partners's holdings in The Kroger Co. were worth $705.25 million as of its most recent filing.
The Kroger Co. Stock Down 4.1%
Shares of The Kroger Co. ($KR) traded around $55.37 on Saturday, down 4.1% for the day.
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About The Kroger Co.
The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and its multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and its price impact warehouse stores provide grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets and online; and sells fuel through its fuel centers. The company sells its products through its stores, fuel centers, and online platforms. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.
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