Albertsons Companies, Inc. (NYSE:ACI) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale increased its stake in Albertsons Companies, Inc. (NYSE:ACI - Free Report) by 116.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,117,625 shares of the company's stock after purchasing an additional 600,653 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.19% of Albertsons Companies worth $25,434,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ACI. SG Americas Securities LLC boosted its stake in shares of Albertsons Companies by 1,569.5% during the fourth quarter. SG Americas Securities LLC now owns 267,443 shares of the company's stock valued at $6,151,000 after purchasing an additional 251,424 shares in the last quarter. Schechter Investment Advisors LLC lifted its stake in shares of Albertsons Companies by 7.1% in the fourth quarter. Schechter Investment Advisors LLC now owns 776,966 shares of the company's stock worth $17,870,000 after acquiring an additional 51,590 shares during the period. Alpine Associates Management Inc. lifted its stake in shares of Albertsons Companies by 11.9% in the third quarter. Alpine Associates Management Inc. now owns 4,267,518 shares of the company's stock worth $97,086,000 after acquiring an additional 454,400 shares during the period. Dark Forest Capital Management LP lifted its stake in shares of Albertsons Companies by 466.2% in the third quarter. Dark Forest Capital Management LP now owns 96,926 shares of the company's stock worth $2,205,000 after acquiring an additional 79,808 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Albertsons Companies by 9.8% in the third quarter. Vanguard Group Inc. now owns 33,144,018 shares of the company's stock worth $754,026,000 after acquiring an additional 2,950,786 shares during the period. Institutional investors own 71.35% of the company's stock.

Albertsons Companies Stock Performance

ACI stock traded down $0.07 during midday trading on Monday, hitting $20.97. The company's stock had a trading volume of 5,549,088 shares, compared to its average volume of 3,566,395. The stock's 50-day moving average price is $21.08 and its 200 day moving average price is $21.83. The stock has a market cap of $12.08 billion, a price-to-earnings ratio of 8.99, a PEG ratio of 0.99 and a beta of 0.50. The company has a quick ratio of 0.19, a current ratio of 0.85 and a debt-to-equity ratio of 3.09. Albertsons Companies, Inc. has a 1 year low of $19.88 and a 1 year high of $23.88.

Albertsons Companies (NYSE:ACI - Get Free Report) last issued its quarterly earnings data on Tuesday, January 9th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.14. The business had revenue of $18.56 billion for the quarter, compared to analysts' expectations of $18.36 billion. Albertsons Companies had a return on equity of 83.38% and a net margin of 1.71%. The firm's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.82 EPS. On average, equities analysts forecast that Albertsons Companies, Inc. will post 2.75 EPS for the current year.

Albertsons Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 9th. Shareholders of record on Friday, January 26th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, January 25th. This represents a $0.48 dividend on an annualized basis and a yield of 2.29%. Albertsons Companies's dividend payout ratio is currently 20.51%.

Analyst Ratings Changes

ACI has been the subject of a number of research analyst reports. Royal Bank of Canada reiterated an "outperform" rating and issued a $24.00 target price on shares of Albertsons Companies in a report on Tuesday, February 13th. Telsey Advisory Group restated a "market perform" rating and set a $27.25 price objective on shares of Albertsons Companies in a report on Thursday, January 4th. Roth Mkm upped their price target on Albertsons Companies from $23.00 to $24.00 and gave the stock a "neutral" rating in a report on Wednesday, January 10th. Finally, Tigress Financial reiterated a "buy" rating and set a $27.00 price target on shares of Albertsons Companies in a report on Friday, January 12th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $25.56.

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.