Tudor Investment Corp ET AL Has $5.92 Million Stock Holdings in Albertsons Companies, Inc. $ACI

Tudor Investment Corp ET AL raised its holdings in Albertsons Companies, Inc. (NYSE:ACI) by 416.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 338,078 shares of the company’s stock after acquiring an additional 272,678 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Albertsons Companies were worth $5,920,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Norges Bank bought a new stake in shares of Albertsons Companies in the second quarter worth $320,613,000. Dimensional Fund Advisors LP raised its position in Albertsons Companies by 37.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,269,879 shares of the company’s stock worth $144,803,000 after purchasing an additional 2,239,291 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Albertsons Companies by 345.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,784,990 shares of the company’s stock worth $59,905,000 after buying an additional 2,160,192 shares during the period. Sound Shore Management Inc CT grew its position in shares of Albertsons Companies by 60.9% in the 3rd quarter. Sound Shore Management Inc CT now owns 4,902,179 shares of the company’s stock valued at $85,837,000 after buying an additional 1,855,682 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its position in shares of Albertsons Companies by 267.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 2,240,356 shares of the company’s stock valued at $39,229,000 after buying an additional 1,631,048 shares during the last quarter. Institutional investors and hedge funds own 71.35% of the company’s stock.

Albertsons Companies Stock Performance

Shares of Albertsons Companies stock opened at $16.85 on Wednesday. The business has a 50-day simple moving average of $17.49 and a 200 day simple moving average of $17.69. Albertsons Companies, Inc. has a one year low of $15.80 and a one year high of $23.20. The company has a debt-to-equity ratio of 3.36, a current ratio of 0.91 and a quick ratio of 0.20. The firm has a market capitalization of $8.66 billion, a price-to-earnings ratio of 10.87, a PEG ratio of 0.49 and a beta of 0.48.

Albertsons Companies (NYSE:ACI) last announced its quarterly earnings data on Wednesday, January 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The firm had revenue of $19.12 billion during the quarter, compared to analysts’ expectations of $19.18 billion. Albertsons Companies had a return on equity of 38.00% and a net margin of 1.06%.The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 earnings per share. Albertsons Companies has set its FY 2025 guidance at 2.080-2.16 EPS. On average, research analysts anticipate that Albertsons Companies, Inc. will post 2.14 earnings per share for the current fiscal year.

Albertsons Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Friday, January 23rd. Albertsons Companies’s payout ratio is 38.71%.

Insider Buying and Selling

In other Albertsons Companies news, EVP Michael T. Theilmann sold 49,000 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $17.63, for a total transaction of $863,870.00. Following the transaction, the executive vice president owned 289,429 shares in the company, valued at approximately $5,102,633.27. This represents a 14.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ACI shares. Morgan Stanley restated an “underweight” rating and set a $14.00 price objective (down from $20.00) on shares of Albertsons Companies in a research report on Thursday, January 15th. JPMorgan Chase & Co. reduced their target price on Albertsons Companies from $24.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Albertsons Companies in a research report on Monday, December 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Albertsons Companies in a report on Tuesday, January 27th. Finally, Jefferies Financial Group reaffirmed an “outperform” rating on shares of Albertsons Companies in a research note on Monday, December 29th. Nine 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $21.58.

Albertsons Companies Company 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.