Quantinno Capital Management LP Boosts Position in Albertsons Companies, Inc. $ACI

Quantinno Capital Management LP lifted its holdings in shares of Albertsons Companies, Inc. (NYSE:ACIFree Report) by 15.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,450,673 shares of the company’s stock after acquiring an additional 195,208 shares during the quarter. Quantinno Capital Management LP’s holdings in Albertsons Companies were worth $24,719,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ACI. CWM LLC lifted its stake 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. NBC Securities Inc. increased its position in Albertsons Companies by 91.2% during the 4th 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 raised its holdings in Albertsons Companies by 172.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after purchasing an additional 1,306 shares in the last quarter. Fifth Third Bancorp raised its holdings in Albertsons Companies by 44.2% in the 4th quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock worth $76,000 after purchasing an additional 1,353 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its position in shares of Albertsons Companies by 32,526.7% in the 4th quarter. Global Retirement Partners LLC now owns 4,894 shares of the company’s stock worth $84,000 after purchasing an additional 4,879 shares during the period. Hedge funds and other institutional investors own 71.35% of the company’s stock.

Albertsons Companies Price Performance

ACI opened at $11.56 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.21 and a debt-to-equity ratio of 5.22. The company has a market cap of $5.61 billion, a price-to-earnings ratio of 144.50, a price-to-earnings-growth ratio of 1.99 and a beta of 0.42. The stock has a fifty day simple moving average of $14.32 and a two-hundred day simple moving average of $16.18. Albertsons Companies, Inc. has a 12-month low of $10.86 and a 12-month high of $20.02.

Albertsons Companies (NYSE:ACIGet Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). The business had revenue of $24.94 billion for the quarter, compared to the consensus estimate of $24.84 billion. Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 EPS. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Research analysts predict that Albertsons Companies, Inc. will post 1.64 earnings per share for the current fiscal year.

Albertsons Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Friday, July 24th. Albertsons Companies’s dividend payout ratio (DPR) is 850.00%.

Insider Transactions at Albertsons Companies

In other Albertsons Companies news, EVP Thomas M. Moriarty acquired 170,500 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were acquired at an average price of $11.51 per share, with a total value of $1,962,455.00. Following the completion of the purchase, the executive vice president directly owned 308,946 shares of the company’s stock, valued at approximately $3,555,968.46. The trade was a 123.15% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Susan Morris acquired 39,409 shares of the business’s stock in a transaction on Tuesday, July 28th. The stock was acquired at an average price of $11.42 per share, for a total transaction of $450,050.78. Following the acquisition, the chief executive officer owned 1,092,956 shares of the company’s stock, valued at approximately $12,481,557.52. This trade represents a 3.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.18% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ACI shares. Zacks Research lowered shares of Albertsons Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Citigroup reissued a “neutral” rating and issued a $11.00 price target (down from $17.00) on shares of Albertsons Companies in a research note on Monday, July 27th. The Goldman Sachs Group lowered their price objective on shares of Albertsons Companies from $24.00 to $16.00 and set a “buy” rating for the company in a report on Friday, July 24th. Royal Bank Of Canada cut their price objective on Albertsons Companies from $20.00 to $13.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. Finally, UBS Group reaffirmed a “neutral” rating and set a $12.00 price objective (down from $20.00) on shares of Albertsons Companies in a research report on Tuesday. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $15.31.

Check Out Our Latest Stock Report on Albertsons Companies

About Albertsons Companies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Albertsons Companies (NYSE:ACI)

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