Albertsons Companies, Inc. (NYSE:ACI) Stock Holdings Increased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC increased its stake in shares of Albertsons Companies, Inc. (NYSE:ACI) by 50.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,259 shares of the company’s stock after purchasing an additional 13,174 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Albertsons Companies were worth $775,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in shares of Albertsons Companies by 40.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,404,574 shares of the company’s stock valued at $55,305,000 after buying an additional 692,188 shares during the period. Franklin Resources Inc. boosted its position in Albertsons Companies by 91.6% during the fourth quarter. Franklin Resources Inc. now owns 631,535 shares of the company’s stock valued at $14,525,000 after purchasing an additional 301,894 shares during the last quarter. Intech Investment Management LLC grew its stake in Albertsons Companies by 58.1% in the fourth quarter. Intech Investment Management LLC now owns 70,769 shares of the company’s stock valued at $1,628,000 after purchasing an additional 26,006 shares in the last quarter. Treasurer of the State of North Carolina increased its position in Albertsons Companies by 4.2% in the 4th quarter. Treasurer of the State of North Carolina now owns 190,643 shares of the company’s stock worth $4,385,000 after purchasing an additional 7,687 shares during the last quarter. Finally, Contrarian Capital Management L.L.C. raised its stake in shares of Albertsons Companies by 11.8% during the 4th quarter. Contrarian Capital Management L.L.C. now owns 19,000 shares of the company’s stock worth $437,000 after purchasing an additional 2,000 shares in the last quarter. 71.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ACI has been the subject of several recent research reports. Melius Research began coverage on Albertsons Companies in a research note on Monday. They issued a “hold” rating and a $19.00 price target for the company. Telsey Advisory Group restated a “market perform” rating and set a $27.25 price target on shares of Albertsons Companies in a report on Thursday, July 18th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.54.

Albertsons Companies Trading Down 0.1 %

Shares of NYSE:ACI opened at $18.52 on Wednesday. The stock has a market capitalization of $10.72 billion, a PE ratio of 8.30, a P/E/G ratio of 1.02 and a beta of 0.49. Albertsons Companies, Inc. has a 1 year low of $17.80 and a 1 year high of $23.47. The firm has a fifty day moving average price of $19.64 and a 200 day moving average price of $20.14. The company has a current ratio of 0.88, a quick ratio of 0.21 and a debt-to-equity ratio of 2.67.

Albertsons Companies (NYSE:ACI) last released its earnings results on Tuesday, July 23rd. The company reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). The firm had revenue of $24.27 billion for the quarter, compared to analyst estimates of $24.16 billion. Albertsons Companies had a return on equity of 56.01% and a net margin of 1.41%. The firm’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 EPS. Analysts expect that Albertsons Companies, Inc. will post 2.26 EPS for the current fiscal year.

Albertsons Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, July 26th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend was Friday, July 26th. Albertsons Companies’s dividend payout ratio 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.