Berkshire Hathaway Stock Portfolio: 5 Cheapest Stocks

3. The Kroger Co. (NYSE:KR)

Berkshire Hathaway’s Stake Value: $2,367,097,000
Percent of Berkshire Hathaway’s 13F Portfolio: 0.8%
Number of Hedge Fund Holders: 39
Share Price as of October 20: $39.55

The Kroger Co. (NYSE:KR) reported solid earnings in Q2, with an EPS of $0.80, beating the estimates by $0.16. The company’s revenue stood at $31.6 billion, up 4% from the prior-year quarter.

This September, BMO Capital lifted its price target on The Kroger Co. (NYSE:KR) to $39, with a Market Perform rating on the shares. In Q2, 39 hedge funds tracked by Insider Monkey were bullish on The Kroger Co. (NYSE:KR), valued at over $3.5 billion. In the previous quarter, 35 hedge funds had stakes in the company, presenting a positive hedge fund sentiment.

In Q2, Berkshire Hathaway increased its position in The Kroger Co. (NYSE:KR) by 22% and now holds 61.7 million shares in the company, worth over $2.3 billion. The company represents 0.8% of the hedge fund’s 13F portfolio.