Albertsons Companies, Inc. (NYSE:ACI) Position Boosted by Trium Capital LLP

Trium Capital LLP lifted its position in Albertsons Companies, Inc. (NYSE:ACI - Free Report) by 23.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,485,759 shares of the company's stock after purchasing an additional 280,140 shares during the quarter. Albertsons Companies comprises about 4.1% of Trium Capital LLP's investment portfolio, making the stock its 2nd biggest position. Trium Capital LLP owned about 0.26% of Albertsons Companies worth $32,672,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Nissay Asset Management Corp Japan ADV grew its position in Albertsons Companies by 1.9% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 47,232 shares of the company's stock worth $941,000 after purchasing an additional 891 shares during the period. Fifth Third Bancorp lifted its stake in Albertsons Companies by 54.8% during the 1st quarter. Fifth Third Bancorp now owns 2,997 shares of the company's stock worth $66,000 after acquiring an additional 1,061 shares in the last quarter. Twin Capital Management Inc. increased its position in shares of Albertsons Companies by 2.9% during the fourth quarter. Twin Capital Management Inc. now owns 40,476 shares of the company's stock worth $795,000 after acquiring an additional 1,146 shares during the period. Rehmann Capital Advisory Group raised its position in shares of Albertsons Companies by 4.9% during the 4th quarter. Rehmann Capital Advisory Group now owns 24,765 shares of the company's stock worth $486,000 after acquiring an additional 1,153 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Albertsons Companies by 316.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,787 shares of the company's stock valued at $35,000 after acquiring an additional 1,358 shares in the last quarter. 71.35% of the stock is owned by institutional investors.

Albertsons Companies Trading Down 2.7%

Shares of ACI opened at $22.13 on Wednesday. Albertsons Companies, Inc. has a 1-year low of $17.00 and a 1-year high of $23.20. The company has a 50-day moving average of $21.78 and a 200 day moving average of $21.14. The firm has a market capitalization of $12.74 billion, a price-to-earnings ratio of 13.49, a PEG ratio of 2.31 and a beta of 0.44. The company has a debt-to-equity ratio of 2.29, a current ratio of 0.90 and a quick ratio of 0.22.

Albertsons Companies (NYSE:ACI - Get Free Report) last released its earnings results on Tuesday, April 15th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.06. Albertsons Companies had a net margin of 1.19% and a return on equity of 41.03%. The company had revenue of $18.80 billion for the quarter, compared to the consensus estimate of $18.78 billion. During the same quarter in the previous year, the firm earned $0.54 EPS. On average, research analysts expect that Albertsons Companies, Inc. will post 2.14 EPS for the current year.

Albertsons Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 25th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date was Friday, April 25th. Albertsons Companies's dividend payout ratio is presently 36.59%.

Insider Activity at Albertsons Companies

In other Albertsons Companies news, EVP Omer Gajial sold 47,303 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $21.46, for a total transaction of $1,015,122.38. Following the sale, the executive vice president owned 162,569 shares of the company's stock, valued at approximately $3,488,730.74. This trade represents a 22.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.35% of the company's stock.

Wall Street Analysts Forecast Growth

ACI has been the subject of a number of research reports. Royal Bank Of Canada reiterated an "outperform" rating and set a $23.00 price target on shares of Albertsons Companies in a research report on Wednesday, April 16th. JPMorgan Chase & Co. set a $31.00 price target on shares of Albertsons Companies in a research note on Tuesday. Evercore ISI decreased their price objective on shares of Albertsons Companies from $23.00 to $22.00 and set an "in-line" rating for the company in a report on Thursday, April 17th. BMO Capital Markets raised shares of Albertsons Companies from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $19.00 to $25.00 in a research note on Wednesday, May 7th. Finally, UBS Group reduced their price objective on shares of Albertsons Companies from $24.00 to $22.00 and set a "neutral" rating for the company in a research note on Wednesday, April 16th. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $24.21.

Albertsons Companies Profile

Albertsons Companies, Inc, through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores.

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