283,122 Shares in Albertsons Companies, Inc. $ACI Bought by Caxton Associates LLP

Caxton Associates LLP purchased a new position in Albertsons Companies, Inc. (NYSE:ACI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 283,122 shares of the company’s stock, valued at approximately $6,226,000.

Several other large investors also recently bought and sold shares of ACI. SVB Wealth LLC bought a new stake in Albertsons Companies in the first quarter worth $32,000. Bessemer Group Inc. bought a new position in Albertsons Companies during the first quarter valued at $40,000. GAMMA Investing LLC increased its position in Albertsons Companies by 340.1% during the first quarter. GAMMA Investing LLC now owns 1,919 shares of the company’s stock valued at $42,000 after acquiring an additional 1,483 shares during the last quarter. Brooklyn Investment Group increased its position in Albertsons Companies by 48,840.0% during the first quarter. Brooklyn Investment Group now owns 2,447 shares of the company’s stock valued at $54,000 after acquiring an additional 2,442 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in Albertsons Companies by 54.8% during the first quarter. Fifth Third Bancorp now owns 2,997 shares of the company’s stock valued at $66,000 after acquiring an additional 1,061 shares during the last quarter. Institutional investors own 71.35% of the company’s stock.

Albertsons Companies Stock Performance

ACI stock opened at $19.04 on Monday. The firm has a market cap of $10.66 billion, a price-to-earnings ratio of 11.61, a PEG ratio of 1.94 and a beta of 0.51. The firm has a 50-day simple moving average of $20.19 and a two-hundred day simple moving average of $21.07. Albertsons Companies, Inc. has a one year low of $17.00 and a one year high of $23.20. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.18 and a current ratio of 0.82.

Albertsons Companies (NYSE:ACI) last released its quarterly earnings results on Tuesday, July 15th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. Albertsons Companies had a net margin of 1.18% and a return on equity of 37.92%. The business had revenue of $24.88 billion during the quarter, compared to analyst estimates of $24.68 billion. During the same period in the prior year, the firm posted $0.66 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Albertsons Companies has set its FY 2025 guidance at 2.030-2.160 EPS. On average, equities 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, August 8th. Stockholders of record on Friday, July 25th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, July 25th. This represents a $0.60 annualized dividend and a dividend yield of 3.2%. Albertsons Companies’s dividend payout ratio is 36.59%.

Wall Street Analyst Weigh In

ACI has been the topic of a number of analyst reports. Zacks Research upgraded shares of Albertsons Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, August 25th. UBS Group raised shares of Albertsons Companies from a “neutral” rating to a “buy” rating and boosted their target price for the company from $22.00 to $27.00 in a research note on Tuesday, July 22nd. Barclays assumed coverage on shares of Albertsons Companies in a research note on Monday, July 21st. They set an “underweight” rating and a $19.00 target price for the company. Roth Capital reissued a “buy” rating and set a $24.00 target price (up from $23.00) on shares of Albertsons Companies in a research note on Wednesday, July 16th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Albertsons Companies in a research note on Wednesday, August 20th. They set an “overweight” rating and a $27.00 target price for the company. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $23.94.

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.