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

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 24,600 shares, a decline of 91.5% from the February 28th total of 288,700 shares. Based on an average daily volume of 465,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Koninklijke Ahold Delhaize Price Performance

Shares of Koninklijke Ahold Delhaize stock opened at €36.72 ($39.48) on Friday. The business’s fifty day moving average price is €36.08 and its 200 day moving average price is €34.56. The stock has a market capitalization of $34.15 billion, a P/E ratio of 18.00, a PEG ratio of 1.82 and a beta of 0.52. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.35. Koninklijke Ahold Delhaize has a twelve month low of €28.34 ($30.47) and a twelve month high of €37.67 ($40.51).

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, February 12th. The company reported €0.74 ($0.80) EPS for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. As a group, research analysts anticipate that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, April 14th will be given a $0.7044 dividend. The ex-dividend date is 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 (DPR) is currently 54.41%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Koninklijke Ahold Delhaize to a “strong-buy” rating in a research note on Thursday, March 13th.

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.