95,823 Shares in Albertsons Companies, Inc. (NYSE:ACI) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Albertsons Companies, Inc. (NYSE:ACI - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 95,823 shares of the company's stock, valued at approximately $1,882,000.

Other large investors also recently modified their holdings of the company. Capital Advisors Ltd. LLC grew its holdings in Albertsons Companies by 225.1% during the fourth quarter. Capital Advisors Ltd. LLC now owns 1,385 shares of the company's stock valued at $27,000 after purchasing an additional 959 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Albertsons Companies by 316.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,787 shares of the company's stock valued at $35,000 after buying an additional 1,358 shares during the last quarter. WealthCollab LLC grew its stake in shares of Albertsons Companies by 446.0% during the 4th quarter. WealthCollab LLC now owns 1,780 shares of the company's stock worth $35,000 after acquiring an additional 1,454 shares during the period. Ossiam bought a new position in shares of Albertsons Companies during the 4th quarter worth $93,000. Finally, CoreCap Advisors LLC raised its stake in Albertsons Companies by 241,500.0% in the 4th quarter. CoreCap Advisors LLC now owns 4,832 shares of the company's stock valued at $95,000 after acquiring an additional 4,830 shares during the period. Hedge funds and other institutional investors own 71.35% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. increased their target price on shares of Albertsons Companies from $24.00 to $31.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. UBS Group cut their price objective on shares of Albertsons Companies from $24.00 to $22.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th. Royal Bank of Canada restated an "outperform" rating and set a $23.00 target price on shares of Albertsons Companies in a research report on Wednesday, April 16th. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $26.00 price target on shares of Albertsons Companies in a report on Friday, April 11th. Finally, BMO Capital Markets upgraded Albertsons Companies from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $19.00 to $25.00 in a research note on Wednesday, May 7th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $24.36.

Insider Buying and Selling

In related news, EVP Omer Gajial sold 47,303 shares of the firm's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $21.46, for a total transaction of $1,015,122.38. Following the transaction, the executive vice president now directly owns 162,569 shares of the company's stock, valued at approximately $3,488,730.74. This trade represents a 22.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 1.26% of the stock is owned by company insiders.

Albertsons Companies Price Performance

Shares of NYSE:ACI traded up $0.10 on Thursday, hitting $21.50. The company's stock had a trading volume of 2,179,452 shares, compared to its average volume of 4,661,555. The company has a market capitalization of $12.38 billion, a PE ratio of 12.07, a PEG ratio of 1.92 and a beta of 0.47. The company has a debt-to-equity ratio of 2.31, a current ratio of 0.93 and a quick ratio of 0.21. The company has a 50-day simple moving average of $21.86 and a 200 day simple moving average of $20.75. Albertsons Companies, Inc. has a 1 year low of $17.00 and a 1 year high of $23.20.

Albertsons Companies (NYSE:ACI - Get Free Report) last announced its earnings results on Tuesday, April 15th. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.06. Albertsons Companies had a net margin of 1.30% and a return on equity of 44.70%. The business had revenue of $18.80 billion for the quarter, compared to the consensus estimate of $18.78 billion. During the same period last year, the firm posted $0.54 earnings per share. Sell-side analysts forecast that Albertsons Companies, Inc. will post 2.14 EPS for the current fiscal year.

Albertsons Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 25th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Friday, April 25th. Albertsons Companies's dividend payout ratio is currently 36.59%.

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.