Munich Reinsurance Co Stock Corp in Munich Makes New $6.20 Million Investment in Albertsons Companies, Inc. $ACI

Key Points

• Munich Re bought a new stake of 354,213 shares in Albertsons, a purchase valued at about $6.20 million, representing roughly 0.06% of the company at quarter end.
• Q4 results and guidance: Albertsons reported $0.72 EPS vs. $0.67 expected and revenue up 1.9% year‑over‑year, set FY2025 EPS guidance of $2.08–2.16, and pays a $0.15 quarterly dividend (≈3.4% yield); the shares trade at about a 11.5x P/E.
• Analysts have a consensus "Hold" rating with a $21.58 price target (9 Buys, 5 Holds, 2 Sells); an EVP sold 49,000 shares recently and institutional ownership is about 71%.

Munich Reinsurance Co Stock Corp in Munich purchased a new stake in shares of Albertsons Companies, Inc. (NYSE:ACI - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 354,213 shares of the company's stock, valued at approximately $6,202,000. Munich Reinsurance Co Stock Corp in Munich owned 0.06% of Albertsons Companies at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. grew its holdings in shares of Albertsons Companies by 130.4% in the third quarter. Harbor Capital Advisors Inc. now owns 1,461 shares of the company's stock worth $26,000 after acquiring an additional 827 shares during the period. Allworth Financial LP lifted its holdings in Albertsons Companies by 98.4% in the second quarter. Allworth Financial LP now owns 1,702 shares of the company's stock valued at $37,000 after acquiring an additional 844 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Albertsons Companies by 32.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,524 shares of the company's stock valued at $44,000 after acquiring an additional 625 shares during the period. Deseret Mutual Benefit Administrators boosted its position in Albertsons Companies by 61.7% in the third quarter. Deseret Mutual Benefit Administrators now owns 2,808 shares of the company's stock worth $49,000 after purchasing an additional 1,071 shares during the last quarter. Finally, Employees Retirement System of Texas bought a new stake in shares of Albertsons Companies during the 2nd quarter valued at about $53,000. 71.35% of the stock is currently owned by hedge funds and other institutional investors.

Albertsons Companies Trading Up 2.8%

Shares of NYSE:ACI opened at $17.79 on Friday. The stock has a 50 day moving average of $17.47 and a 200 day moving average of $17.90. The company has a market cap of $9.14 billion, a PE ratio of 11.48, a price-to-earnings-growth ratio of 0.51 and a beta of 0.48. The company has a current ratio of 0.91, a quick ratio of 0.20 and a debt-to-equity ratio of 3.36. Albertsons Companies, Inc. has a 12-month low of $15.80 and a 12-month high of $23.20.

Albertsons Companies (NYSE:ACI - Get Free Report) last released its earnings results on Wednesday, January 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. Albertsons Companies had a net margin of 1.06% and a return on equity of 38.00%. The company had revenue of $19.12 billion during the quarter, compared to analyst estimates of $19.18 billion. During the same period in the prior year, the firm posted $0.71 EPS. The firm's quarterly revenue was up 1.9% compared to the same quarter last year. Albertsons Companies has set its FY 2025 guidance at 2.080-2.16 EPS. As a group, equities research analysts expect that Albertsons Companies, Inc. will post 2.14 EPS for the current year.

Albertsons Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 23rd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Friday, January 23rd. Albertsons Companies's dividend payout ratio (DPR) is presently 38.71%.

Analyst Ratings Changes

ACI has been the subject of several research reports. Morgan Stanley reaffirmed an "underweight" rating and set a $14.00 price target (down from $20.00) on shares of Albertsons Companies in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Albertsons Companies in a research report on Thursday, January 8th. They set a "hold" rating for the company. Evercore reduced their target price on shares of Albertsons Companies from $21.00 to $20.00 and set an "in-line" rating for the company in a report on Tuesday, December 23rd. Weiss Ratings reiterated a "hold (c-)" rating on shares of Albertsons Companies in a research report on Tuesday, January 27th. Finally, Wells Fargo & Company dropped their price target on shares of Albertsons Companies from $23.00 to $21.00 and set an "overweight" rating on the stock in a research note on Thursday, January 8th. Nine equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $21.58.

Insider Activity at Albertsons Companies

In related news, EVP Michael T. Theilmann sold 49,000 shares of Albertsons Companies 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. The trade was a 14.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.35% of the stock is owned by insiders.

Albertsons Companies 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.

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