Mn Services Vermogensbeheer B.V. Invests $3.03 Million in Albertsons Companies, Inc. $ACI

Key Points

• Mn Services Vermogensbeheer B.V. has acquired a new position in Albertsons Companies, Inc., purchasing 140,700 shares valued at approximately $3,026,000.
• Institutional investors collectively own 71.35% of Albertsons Companies' stock, with several others recently adjusting their stakes in the company.
• Albertsons Companies has achieved a net margin of 1.18% and has set its FY 2025 earnings guidance at 2.030-2.160 EPS.

Mn Services Vermogensbeheer B.V. bought a new position in Albertsons Companies, Inc. (NYSE:ACI - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 140,700 shares of the company's stock, valued at approximately $3,026,000.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in shares of Albertsons Companies by 2.9% during the 1st quarter. Vanguard Group Inc. now owns 37,374,669 shares of the company's stock valued at $821,869,000 after acquiring an additional 1,064,547 shares during the period. LSV Asset Management grew its position in shares of Albertsons Companies by 52.9% during the 1st quarter. LSV Asset Management now owns 7,873,039 shares of the company's stock valued at $173,128,000 after acquiring an additional 2,724,576 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Albertsons Companies by 17.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,462,715 shares of the company's stock valued at $120,102,000 after acquiring an additional 825,983 shares during the period. AQR Capital Management LLC grew its position in shares of Albertsons Companies by 1,601.1% during the 1st quarter. AQR Capital Management LLC now owns 4,729,259 shares of the company's stock valued at $103,807,000 after acquiring an additional 4,451,250 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Albertsons Companies by 35.1% during the 1st quarter. Bank of New York Mellon Corp now owns 4,573,260 shares of the company's stock valued at $100,566,000 after acquiring an additional 1,189,103 shares during the period. Institutional investors own 71.35% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Tigress Financial reissued a "buy" rating and set a $28.00 price objective on shares of Albertsons Companies in a research report on Tuesday, July 8th. Barclays began coverage on shares of Albertsons Companies in a research note on Monday, July 21st. They set an "underweight" rating and a $19.00 target price on the stock. Roth Capital restated a "buy" rating and set a $24.00 target price (up previously from $23.00) on shares of Albertsons Companies in a research note on Wednesday, July 16th. Zacks Research upgraded shares of Albertsons Companies from a "strong sell" rating to a "hold" rating in a research note on Monday, August 25th. Finally, JPMorgan Chase & Co. began coverage on shares of Albertsons Companies in a research note on Wednesday, August 20th. They set an "overweight" rating and a $27.00 target price on the stock. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $23.94.

Albertsons Companies Trading Down 0.6%

NYSE:ACI traded down $0.12 during mid-day trading on Tuesday, hitting $17.61. 1,864,794 shares of the stock traded hands, compared to its average volume of 6,061,924. The stock has a market capitalization of $9.86 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 1.83 and a beta of 0.51. Albertsons Companies, Inc. has a 52 week low of $17.00 and a 52 week high of $23.20. The firm's 50 day moving average is $19.40 and its two-hundred day moving average is $20.90. The company has a quick ratio of 0.18, a current ratio of 0.82 and a debt-to-equity ratio of 2.17.

Albertsons Companies (NYSE:ACI - Get Free Report) last issued its earnings results on Tuesday, July 15th. The company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.01. The business had revenue of $24.88 billion for the quarter, compared to the consensus estimate of $24.68 billion. Albertsons Companies had a net margin of 1.18% and a return on equity of 37.92%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.66 EPS. Albertsons Companies has set its FY 2025 guidance at 2.030-2.160 EPS. On average, equities research analysts predict that Albertsons Companies, Inc. will post 2.14 earnings per share for the current year.

Albertsons Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 8th. Shareholders of record on Friday, July 25th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Friday, July 25th. Albertsons Companies's dividend payout ratio is currently 36.59%.

About Albertsons Companies

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.