Louisiana State Employees Retirement System acquired a new stake in shares of Krispy Kreme Doughnuts (NYSE:KKD) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 27,000 shares of the company’s stock, valued at approximately $566,000.
Several other hedge funds also recently bought and sold shares of the stock. Royal Bank of Canada boosted its stake in Krispy Kreme Doughnuts by 3.7% in the first quarter. Royal Bank of Canada now owns 6,850 shares of the company’s stock valued at $107,000 after buying an additional 243 shares during the period. First Manhattan Co. boosted 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 last quarter. Raymond James Trust N.A. acquired a new position in shares of Krispy Kreme Doughnuts during the second quarter worth approximately $234,000. Capstone Asset Management Co. acquired a new position in shares of Krispy Kreme Doughnuts during the second quarter worth approximately $375,000. Finally, BNP Paribas Arbitrage SA acquired a new position in shares of Krispy Kreme Doughnuts during the second quarter worth approximately $397,000.
Shares of Krispy Kreme Doughnuts (NYSE:KKD) remained flat at $21.00 during trading on Monday. The firm’s 50-day moving average price is $20.97 and its 200-day moving average price is $17.56. Krispy Kreme Doughnuts has a 1-year low of $12.90 and a 1-year 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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