Albertsons Companies, Inc. $ACI Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its position in shares of Albertsons Companies, Inc. (NYSE:ACI) by 71.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 139,637 shares of the company’s stock after selling 353,407 shares during the quarter. Hsbc Holdings PLC’s holdings in Albertsons Companies were worth $2,401,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. CWM LLC grew its position in Albertsons Companies by 103.5% in the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 730 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in Albertsons Companies by 185.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock valued at $28,000 after purchasing an additional 1,057 shares during the period. NBC Securities Inc. raised its position in Albertsons Companies by 91.2% in the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after purchasing an additional 885 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Albertsons Companies by 172.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after purchasing an additional 1,306 shares during the last quarter. Finally, Elevation Wealth Partners LLC acquired a new position in shares of Albertsons Companies in the 4th quarter valued at $46,000. 71.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on ACI. Wells Fargo & Company lowered their price target on Albertsons Companies from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Monday. JPMorgan Chase & Co. decreased 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. Citigroup lowered their target price on shares of Albertsons Companies from $22.00 to $17.00 and set a “buy” rating for the company in a research note on Monday. 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. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $21.00 price target on shares of Albertsons Companies in a research note on Monday, April 6th. Ten research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Albertsons Companies currently has an average rating of “Hold” and an average price target of $20.69.

Albertsons Companies Stock Down 0.9%

Shares of NYSE:ACI opened at $13.46 on Tuesday. The company has a debt-to-equity ratio of 4.58, a current ratio of 0.86 and a quick ratio of 0.20. The firm has a market capitalization of $6.59 billion, a PE ratio of 42.07, a price-to-earnings-growth ratio of 1.55 and a beta of 0.40. The firm’s 50-day moving average is $15.73 and its two-hundred day moving average is $16.78. Albertsons Companies, Inc. has a 1 year low of $13.31 and a 1 year high of $22.78.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $0.48 EPS 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 analyst estimates of $20.49 billion. During the same quarter last year, the firm posted $0.46 earnings per share. The business’s revenue for the quarter 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. Analysts predict that Albertsons Companies, Inc. will post 2.11 EPS for the current year.

Albertsons Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were issued a dividend of $0.17 per share. This is a boost from Albertsons Companies’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, April 24th. This represents a $0.68 dividend on an annualized basis and a yield of 5.1%. Albertsons Companies’s dividend payout ratio (DPR) is currently 212.50%.

About Albertsons Companies

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.