5 Biggest Meat Processing Companies in USA

3. The Kroger Co. (NYSE:KR)   

Market Cap as of December 11: $33.26 B
Number of Hedge Fund Holders: 49

The Kroger Co. (NYSE:KR) is a supermarket. The company sells meat, fish, and a variety of other items. The Kroger Co. (NYSE:KR) stock has risen about 7% since the beginning of the year. It is also outperforming the S&P 500, which has lost more than 17% so far in 2022.

The Kroger Co. (NYSE:KR) is seeing strong same-store sales growth, has a respectable dividend yield of 2.2%, a sound balance sheet, and has just raised its outlook.

Legendary investor and billionaire Warren Buffett’s Berkshire Hathaway is the biggest stakeholder in The Kroger Co. (NYSE:KR) out of the 920 hedge funds tracked by Insider Monkey as of the end of the third quarter. The Oracle of Omaha owns 50.27 million shares of the company worth $2.20 billion.

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