Albertsons Companies, Inc. (NYSE:ACI) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in shares of Albertsons Companies, Inc. (NYSE:ACI - Free Report) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,290,082 shares of the company's stock after buying an additional 59,288 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.40% of Albertsons Companies worth $52,672,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Verus Capital Partners LLC increased its holdings in Albertsons Companies by 3.7% during the 3rd quarter. Verus Capital Partners LLC now owns 14,998 shares of the company's stock valued at $341,000 after purchasing an additional 540 shares during the period. State Board of Administration of Florida Retirement System boosted its position in Albertsons Companies by 0.4% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 169,902 shares of the company's stock valued at $3,865,000 after acquiring an additional 620 shares in the last quarter. Alaska Permanent Fund Corp boosted its position in Albertsons Companies by 0.6% during the 4th quarter. Alaska Permanent Fund Corp now owns 112,648 shares of the company's stock valued at $2,591,000 after acquiring an additional 648 shares in the last quarter. CI Investments Inc. boosted its position in Albertsons Companies by 21.8% during the 3rd quarter. CI Investments Inc. now owns 4,373 shares of the company's stock valued at $99,000 after acquiring an additional 783 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its position in Albertsons Companies by 0.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 182,956 shares of the company's stock valued at $4,162,000 after acquiring an additional 930 shares in the last quarter. Institutional investors own 71.35% of the company's stock.

Insider Transactions at Albertsons Companies

In related news, insider Anuj Dhanda sold 100,000 shares of the company's stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $20.35, for a total value of $2,035,000.00. Following the completion of the transaction, the insider now owns 365,297 shares of the company's stock, valued at approximately $7,433,793.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, insider Anuj Dhanda sold 100,000 shares of the company's stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $20.35, for a total value of $2,035,000.00. Following the completion of the transaction, the insider now owns 365,297 shares of the company's stock, valued at approximately $7,433,793.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Robert Bruce Larson sold 24,362 shares of the company's stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $20.24, for a total transaction of $493,086.88. Following the completion of the transaction, the chief accounting officer now directly owns 50,241 shares of the company's stock, valued at approximately $1,016,877.84. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Roth Capital raised Albertsons Companies from a "neutral" rating to a "buy" rating in a research report on Tuesday, April 23rd. Roth Mkm raised Albertsons Companies from a "neutral" rating to a "buy" rating and set a $24.00 price target on the stock in a research report on Tuesday, April 23rd. Royal Bank of Canada dropped their price target on Albertsons Companies from $23.00 to $22.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 23rd. Telsey Advisory Group reissued a "market perform" rating and issued a $27.25 price target on shares of Albertsons Companies in a research report on Tuesday, April 23rd. Finally, Evercore ISI decreased their price objective on shares of Albertsons Companies from $23.00 to $22.00 and set an "in-line" rating for the company in a report on Tuesday, April 16th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $24.45.

Albertsons Companies Stock Down 1.3 %

NYSE ACI traded down $0.28 during mid-day trading on Friday, reaching $20.62. The stock had a trading volume of 2,497,718 shares, compared to its average volume of 2,120,968. Albertsons Companies, Inc. has a 1 year low of $19.84 and a 1 year high of $23.88. The stock has a market cap of $11.91 billion, a PE ratio of 9.25, a price-to-earnings-growth ratio of 1.08 and a beta of 0.51. The company has a fifty day moving average price of $20.74 and a 200 day moving average price of $21.41. The company has a debt-to-equity ratio of 2.83, a current ratio of 0.84 and a quick ratio of 0.18.

Albertsons Companies (NYSE:ACI - Get Free Report) last announced its earnings results on Monday, April 22nd. The company reported $0.51 earnings per share for the quarter, meeting analysts' consensus estimates of $0.51. The business had revenue of $18.34 billion during the quarter, compared to analyst estimates of $18.40 billion. Albertsons Companies had a net margin of 1.64% and a return on equity of 68.02%. On average, research analysts expect that Albertsons Companies, Inc. will post 2.43 earnings per share for the current year.

Albertsons Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Friday, April 26th were paid a $0.12 dividend. The ex-dividend date was Thursday, April 25th. This represents a $0.48 annualized dividend and a dividend yield of 2.33%. Albertsons Companies's dividend payout ratio (DPR) is 21.52%.

Albertsons Companies Company 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.