Albertsons Companies, Inc. $ACI Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in shares of Albertsons Companies, Inc. (NYSE:ACI) by 35.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 219,108 shares of the company’s stock after selling 120,212 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Albertsons Companies were worth $3,762,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. AlphaQuest LLC acquired a new position in shares of Albertsons Companies during the 3rd quarter worth about $1,492,000. Towle & Co. raised its position in shares of Albertsons Companies by 674.2% during the 3rd quarter. Towle & Co. now owns 339,227 shares of the company’s stock worth $5,940,000 after purchasing an additional 295,413 shares during the last quarter. Counterpoint Mutual Funds LLC acquired a new position in shares of Albertsons Companies during the 3rd quarter worth about $2,307,000. AGF Management Ltd. acquired a new position in shares of Albertsons Companies during the 3rd quarter worth about $2,955,000. Finally, Savoir Faire Capital Management L.P. raised its position in shares of Albertsons Companies by 261.1% during the 3rd quarter. Savoir Faire Capital Management L.P. now owns 375,653 shares of the company’s stock worth $6,578,000 after purchasing an additional 271,620 shares during the last quarter. Institutional investors and hedge funds own 71.35% of the company’s stock.

Albertsons Companies Stock Down 0.4%

Shares of NYSE ACI opened at $16.49 on Thursday. The company has a 50-day moving average of $17.23 and a 200 day moving average of $17.54. Albertsons Companies, Inc. has a 12-month low of $15.80 and a 12-month high of $22.78. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. The stock has a market cap of $8.47 billion, a PE ratio of 51.53, a P/E/G ratio of 1.90 and a beta of 0.45.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.05. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The business had revenue of $20.25 billion during the quarter, compared to analysts’ expectations of $20.49 billion. During the same quarter in the prior year, the company posted $0.46 EPS. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, sell-side analysts predict that Albertsons Companies, Inc. will post 2.11 EPS for the current fiscal year.

Albertsons Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 24th will be paid a $0.17 dividend. This is a positive change from Albertsons Companies’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, April 24th. This represents a $0.68 annualized dividend and a dividend yield of 4.1%. Albertsons Companies’s dividend payout ratio is currently 212.50%.

Analyst Ratings Changes

Several analysts recently issued reports on ACI shares. JPMorgan Chase & Co. dropped their price objective on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. Barclays dropped their price objective on shares of Albertsons Companies from $19.00 to $17.00 and set an “underweight” rating for the company in a research note on Thursday, January 8th. Morgan Stanley reaffirmed an “underweight” rating and set a $14.00 price objective (down from $20.00) on shares of Albertsons Companies in a research note on Thursday, January 15th. UBS Group dropped their price objective on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $21.00 price objective on shares of Albertsons Companies in a research note on Monday, April 6th. Ten investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $21.31.

Albertsons Companies Profile

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.