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Traders Recap: The Kraft Heinz Company (KHC), Marriott International, Inc. (MAR), Williams Partners L.P. (WPZ)

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The Kraft Heinz Company (KHC) continued its upward trend with the stock climbing 0.47% or $0.42 to close the day at $90.2 on lower than average trading volume of 1.88M shares, compared to its three month average trading volume of 2.9M. The Pittsburgh Pennsylvania 15222 based company has been outperforming the food – major diversified companies by 6.8929% for last three months and its recent gains have pushed the stock slightly up 3.3% YTD, versus the food – major diversified industry which is up 2.81% for the same period. The RSI of 67.5 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, and rest of world. The company’s products include condiments and sauces, cheese and dairy products, meals, meats, refreshment beverages, coffee, snack nuts, dressings, packaged dinners, infant/nutrition products, and other grocery products. It offers its products under various brand names, including Kraft, Oscar Mayer, Heinz, Planters, Velveeta, Philadelphia, Lunchables, Maxwell House, Capri Sun, Ore-Ida, Kool-Aid, Jell-O, Cracker Barrel, Tassimo, Plasmon, Lea & Perrins, ABC, Master, Quero, Golden Circle, Wattie’s, and Complan. The Kraft Heinz Company sells its products through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, hotels, restaurants, hospitals, health care facilities, and certain government agencies, as well as through its own sales organizations. The company was formerly known as H.J. Heinz Holding Corporation and changed its name to The Kraft Heinz Company in July 2015. The Kraft Heinz Company was founded in 2013 and is headquartered in Pittsburgh, Pennsylvania.

Marriott International, Inc. (MAR) had a light trading with around 1.87M shares changing hands compared to its three month average trading volume of 2.69M. The stock traded between $86.44 and $86.99 before closing at the price of $86.45 with -0.39% change on the day. The Bethesda Maryland 20817 based company is currently trading 46.22% above its 52 week low of $60.87 and -0.6% below its 52 week high of $86.99. Both the RSI indicator and target price of 63.4 and $85.92 respectively, lead us to believe that it should be put on hold over the coming weeks.

Marriott International, Inc. operates, franchises, and licenses hotels and timeshare properties worldwide. The company operates through three segments: North American Full-Service, North American Limited-Service, and International. It also operates, markets, and develops residential properties, as well as provides services to home/condominium owner associations. The company operates its properties primarily under the brand names of The Ritz-Carlton, Bulgari Hotels & Resorts, EDITION, JW Marriott, Autograph Collection Hotels, Renaissance Hotels, Marriott Hotels, Delta Hotels and Resorts, Marriott Executive Apartments, Marriott Vacation Club, Gaylord Hotels, AC Hotels by Marriott, Courtyard by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Fairfield Inn & Suites by Marriott, TownePlace Suites by Marriott, Protea Hotels, and Moxy Hotels. As of January 05, 2017, it operated, franchised, and licensed approximately 6,000 properties in 120 countries. Marriott International, Inc. was founded in 1971 and is headquartered in Bethesda, Maryland.

Williams Partners L.P. (WPZ) traded within a range of $40.73 to $41.48 after opening the day at $41.18. The company has seen its stock increase in value by 9.39% so far this year. The stock was down close to -0.24% on active volume in last trading session and closed at $40.74 per share. After the recent fall, the stock is currently holding -1.7% below its 52 week high of $42.32 and 243.62% above its 12-month low of $14.41. The shares are up by over 21.54% in the last three months, and the RSI indicator value of 61.88 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Williams Partners L.P. operates as an energy infrastructure company. It operates through Central, Northeast G&P, Atlantic-Gulf, West, and NGL & Petchem Services segments. The Central segment provides gathering, treating, and compression services to producers in the Barnett shale region of north-central Texas, the Eagle Ford shale region of south Texas, the Haynesville shale region of northwest Louisiana, and the Mid-Continent region. The Northeast G&P segment engages in the natural gas gathering and processing, and NGL fractionation businesses in the Marcellus and Utica shale regions in Pennsylvania, West Virginia, New York, and Ohio. The Atlantic-Gulf segment engages in the interstate natural gas pipeline; and natural gas gathering and processing, and crude oil production handling and transportation activities in the Gulf Coast region. The West segment engages in the natural gas gathering, processing, and treating operations in New Mexico, Colorado, and Wyoming, as well as operates the interstate natural gas pipeline and the Northwest Pipeline. The NGL & Petchem Services segment engages in the operation of an olefins production facility in Geismar, Louisiana; a refinery grade propylene splitter, and various petrochemical and feedstock pipelines in the Gulf Coast region; an oil sands offgas processing plant near Fort McMurray, Alberta; an (natural gas liquids) NGL/olefin fractionation facility; and storage facilities and an NGL fractionator near Conway, Kansas, as well as NGL and natural gas marketing business. WPZ GP LLC serves as the general partner of the company. The company was founded in 2005 and is based in Tulsa, Oklahoma. Williams Partners L.P. operates as a subsidiary of Williams Companies, Inc.

 

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