Will H.J Heinz’s Performance In Their Foodstar Business Give These Top Institutional Shareholders A Boost?

H.J Heinz Co. (NYSE:HNZ) announced an early earnout payment of $60 million to the previous owners of Heinz’s Foodstar business in China, a division which was acquired by Heinz in November 2010. The earnout payment supplements the original purchase price of $165 million. The Foodstar business reported outstanding financial performance and the earnout payment was therefore accelerated from July 2014, 20% more than the original provision, because the objectives of the earnout arrangement had been achieved. Heinz will record the payment as a special item of $0.04 earnings per share in their fiscal third quarter ending January 2013.

Will H.J Heinz Co.’s shareholders increase their holdings? They reported owning a total of 10.197 million shares on 12/31/2012. The shares closed at $57.68 on 12/31/2012.

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Here are the ten largest positions in HJ Heinz Co. at the end of December 31st, 2012.

Sarasin & Partners LLC. held 3,528,176 shares on 12/31/2012 worth $203,505,193. This brought the portfolio total to 3.6%.

Acadian Asset Management LLC. held 680,318 shares on 12/31/2012 worth $39,240,742. This brought the portfolio total to 0.3%.

Chevy Chase Trust Holdings Inc. held 463,741 shares on 12/31/2012 worth $26,748,581. This brought the portfolio total to 0.25%.

Stifel Nicholas & Co. Inc./MO  held 456,455 shares on 12/31/2012 worth $26,328,325. This brought the portfolio total to 0.62%.

Commerzbank Aktiengesellschaft /FI held 415,000 shares on 12/31/2012 worth $23,937,200. This brought the portfolio total to 0.19%.

Ami Asset Management Corp. held 289,084 shares on 12/31/2012 worth $16,674,365. This brought the portfolio total to 3.78%.

Nordea Investment Management AB held 243,281 shares on 12/31/2012 worth $14,032,448. This brought the portfolio total to 0.1%.

Professional Advisory Services Inc. held 220,047 shares on 12/31/2012 worth $12,692,311. This brought the portfolio total to 4.01%.

Arvest Trust Co. N.A. held 187,104 shares on 12/31/2012 worth $10,792,159. This brought the portfolio total to 1.48%.

Hexavest Inc. held 185,892 shares on 12/31/2012 worth $10,722,251. This brought the portfolio total to 0.21%.

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