Strs Ohio purchased a new stake in Krispy Kreme Doughnuts (NYSE:KKD) during the second quarter, Holdings Channel reports. The institutional investor purchased 45,400 shares of the company’s stock, valued at approximately $951,000.
Other large investors also recently made changes to their positions in the company. Louisiana State Employees Retirement System bought a new stake in shares of Krispy Kreme Doughnuts during the second quarter valued at about $566,000. New York State Teachers Retirement System increased its position in shares of Krispy Kreme Doughnuts by 547.3% in the second quarter. New York State Teachers Retirement System now owns 35,600 shares of the company’s stock worth $746,000 after buying an additional 30,100 shares during the period. First Manhattan Co. increased its position in shares of Krispy Kreme Doughnuts by 5,005.0% in the second quarter. First Manhattan Co. now owns 5,105 shares of the company’s stock worth $107,000 after buying an additional 5,005 shares during the period. Capstone Asset Management Co. acquired a new position in shares of Krispy Kreme Doughnuts during the second quarter worth about $375,000. Finally, Havens Advisors LLC acquired a new position in shares of Krispy Kreme Doughnuts during the second quarter worth about $1,065,000.
Shares of Krispy Kreme Doughnuts (NYSE:KKD) remained flat at $21.00 on Friday. The firm has a 50-day moving average price of $20.97 and a 200 day moving average price of $17.56. Krispy Kreme Doughnuts has a 52-week low of $12.90 and a 52-week high of $21.75.
About Krispy Kreme Doughnuts
Krispy Kreme Doughnuts, Inc is a retailer and wholesaler of doughnuts, complementary beverages, and treats and packaged sweets. The Company’s principal business includes owning and franchising Krispy Kreme stores, at which a range of doughnuts, including the Company’s Original Glazed doughnut, together with complementary products, including an array of coffees and other beverages.
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