Martingale Asset Management L P Sells 33,844 Shares of Albertsons Companies, Inc. $ACI

Martingale Asset Management L P decreased its holdings in Albertsons Companies, Inc. (NYSE:ACI) by 4.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 774,372 shares of the company’s stock after selling 33,844 shares during the quarter. Martingale Asset Management L P’s holdings in Albertsons Companies were worth $13,296,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CWM LLC lifted its position in Albertsons Companies by 103.5% in the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 730 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Albertsons Companies by 185.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock valued at $28,000 after acquiring an additional 1,057 shares in the last quarter. NBC Securities Inc. lifted its position in shares of Albertsons Companies by 91.2% during the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after buying an additional 885 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Albertsons Companies by 172.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after buying an additional 1,306 shares in the last quarter. Finally, Elevation Wealth Partners LLC bought a new position in shares of Albertsons Companies during the 4th quarter worth approximately $46,000. Institutional investors own 71.35% of the company’s stock.

Albertsons Companies Price Performance

Albertsons Companies stock opened at $15.37 on Friday. Albertsons Companies, Inc. has a 52 week low of $15.01 and a 52 week high of $22.78. The company’s 50 day moving average price is $16.45 and its two-hundred day moving average price is $17.08. The company has a quick ratio of 0.20, a current ratio of 0.86 and a debt-to-equity ratio of 4.58. The stock has a market cap of $7.60 billion, a P/E ratio of 48.04, a P/E/G ratio of 1.76 and a beta of 0.40.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share (EPS) for the quarter, topping 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 company had revenue of $20.25 billion during the quarter, compared to analyst estimates of $20.49 billion. During the same quarter last year, the business posted $0.46 EPS. Albertsons Companies’s quarterly revenue was up 7.7% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. On average, equities analysts predict that Albertsons Companies, Inc. will post 2.11 earnings per share for the current year.

Albertsons Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 24th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, April 24th. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. Albertsons Companies’s dividend payout ratio (DPR) is 212.50%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $21.00 target price on shares of Albertsons Companies in a research report on Monday, April 6th. Weiss Ratings cut shares of Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Citigroup dropped their target price on shares of Albertsons Companies from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. JPMorgan Chase & Co. dropped their target price on shares of Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Finally, UBS Group dropped their target price on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price 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.