Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Sees Large Growth in Short Interest

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 25,000 shares, an increase of 42.9% from the April 30th total of 17,500 shares. Based on an average trading volume of 139,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's stock are short sold.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ADRNY. The Goldman Sachs Group raised Koninklijke Ahold Delhaize to a "strong-buy" rating in a research report on Thursday, March 13th. Wall Street Zen raised Koninklijke Ahold Delhaize from a "buy" rating to a "strong-buy" rating in a report on Thursday, May 22nd. Finally, Kepler Capital Markets lowered Koninklijke Ahold Delhaize from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th.

Koninklijke Ahold Delhaize Stock Performance

Shares of OTCMKTS ADRNY traded up €0.27 ($0.31) during midday trading on Friday, reaching €42.22 ($47.98). The company had a trading volume of 91,300 shares, compared to its average volume of 117,991. Koninklijke Ahold Delhaize has a 1 year low of €29.51 ($33.53) and a 1 year high of €42.98 ($48.84). The business's 50-day simple moving average is €39.86 and its 200 day simple moving average is €36.56. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.35. The stock has a market cap of $38.57 billion, a P/E ratio of 20.70, a P/E/G ratio of 1.82 and a beta of 0.54.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported €0.65 ($0.74) earnings per share (EPS) for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. On average, analysts forecast that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current fiscal year.

Koninklijke Ahold Delhaize Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 24th. Investors of record on Monday, April 14th were given a $0.7044 dividend. The ex-dividend date was Monday, April 14th. This is a positive change from Koninklijke Ahold Delhaize's previous dividend of $0.42. Koninklijke Ahold Delhaize's dividend payout ratio is currently 58.17%.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.