Albertsons Companies, Inc. (NYSE:ACI) Shares Bought by XTX Topco Ltd

XTX Topco Ltd raised its stake in Albertsons Companies, Inc. (NYSE:ACI - Free Report) by 212.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,759 shares of the company's stock after acquiring an additional 37,215 shares during the period. XTX Topco Ltd's holdings in Albertsons Companies were worth $1,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Toronto Dominion Bank increased its holdings in shares of Albertsons Companies by 42.8% in the 3rd quarter. Toronto Dominion Bank now owns 47,561 shares of the company's stock valued at $879,000 after acquiring an additional 14,266 shares during the period. Te Ahumairangi Investment Management Ltd increased its stake in Albertsons Companies by 8.7% in the third quarter. Te Ahumairangi Investment Management Ltd now owns 322,672 shares of the company's stock valued at $5,929,000 after purchasing an additional 25,868 shares during the period. Synovus Financial Corp boosted its stake in shares of Albertsons Companies by 10.0% during the third quarter. Synovus Financial Corp now owns 13,192 shares of the company's stock worth $244,000 after buying an additional 1,197 shares during the period. DGS Capital Management LLC purchased a new position in shares of Albertsons Companies during the third quarter worth about $199,000. Finally, Everence Capital Management Inc. acquired a new position in Albertsons Companies in the 4th quarter valued at about $242,000. Hedge funds and other institutional investors own 71.35% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Telsey Advisory Group restated an "outperform" rating and set a $26.00 price target on shares of Albertsons Companies in a research note on Friday, April 11th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $23.00 target price on shares of Albertsons Companies in a report on Wednesday, April 16th. Evercore ISI reduced 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 research report on Thursday. Citigroup assumed coverage on Albertsons Companies in a research report on Friday, January 24th. They set a "buy" rating and a $26.00 target price on the stock. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $26.00 price target on shares of Albertsons Companies in a report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $23.36.

Albertsons Companies Price Performance

Shares of Albertsons Companies stock traded up $0.43 during trading on Monday, hitting $22.14. 1,305,962 shares of the company were exchanged, compared to its average volume of 4,306,095. The firm has a 50 day moving average price of $21.19 and a 200 day moving average price of $19.99. The stock has a market capitalization of $12.83 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 1.92 and a beta of 0.47. The company has a quick ratio of 0.21, a current ratio of 0.93 and a debt-to-equity ratio of 2.31. Albertsons Companies, Inc. has a fifty-two week low of $17.00 and a fifty-two week high of $23.20.

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

Albertsons Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 25th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, April 25th. This represents a $0.60 dividend on an annualized basis and a yield of 2.71%. Albertsons Companies's dividend payout ratio (DPR) 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.