Albertsons Companies, Inc. (NYSE:ACI) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its position in shares of Albertsons Companies, Inc. (NYSE:ACI) by 11.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 21,100 shares of the company’s stock after acquiring an additional 2,100 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Albertsons Companies were worth $485,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Albertsons Companies by 11.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 117,977 shares of the company’s stock valued at $2,713,000 after purchasing an additional 12,205 shares during the last quarter. Strs Ohio lifted its position in shares of Albertsons Companies by 33.4% in the 4th quarter. Strs Ohio now owns 84,084 shares of the company’s stock worth $1,933,000 after buying an additional 21,057 shares during the last quarter. Beverly Hills Private Wealth LLC boosted its holdings in shares of Albertsons Companies by 125.9% in the 4th quarter. Beverly Hills Private Wealth LLC now owns 20,095 shares of the company’s stock valued at $462,000 after buying an additional 11,201 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Albertsons Companies by 9.3% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 689,187 shares of the company’s stock valued at $15,851,000 after buying an additional 58,588 shares during the last quarter. Finally, MRP Capital Investments LLC grew its position in shares of Albertsons Companies by 22.0% during the 4th quarter. MRP Capital Investments LLC now owns 47,620 shares of the company’s stock valued at $1,095,000 after buying an additional 8,585 shares during the last quarter. 71.35% of the stock is currently owned by institutional investors.

Albertsons Companies Stock Down 0.7 %

ACI opened at $19.92 on Friday. The stock’s 50 day moving average price is $20.85 and its 200 day moving average price is $21.61. The company has a debt-to-equity ratio of 2.83, a current ratio of 0.84 and a quick ratio of 0.19. The stock has a market cap of $11.50 billion, a P/E ratio of 8.93, a P/E/G ratio of 0.96 and a beta of 0.50. Albertsons Companies, Inc. has a 12 month low of $19.84 and a 12 month high of $23.88.

Albertsons Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Friday, April 26th will be paid a $0.12 dividend. The ex-dividend date is Thursday, April 25th. This represents a $0.48 annualized dividend and a dividend yield of 2.41%. Albertsons Companies’s payout ratio is 21.52%.

Analyst Ratings Changes

ACI has been the topic of a number of recent research reports. Tigress Financial reissued a “buy” rating and issued a $27.00 target price on shares of Albertsons Companies in a report on Friday, January 12th. Royal Bank of Canada cut their price target on Albertsons Companies from $23.00 to $22.00 and set an “outperform” rating on the stock in a report on Tuesday. Evercore ISI lowered their price objective on Albertsons Companies from $23.00 to $22.00 and set an “in-line” rating for the company in a research note on Tuesday, April 16th. Roth Mkm raised Albertsons Companies from a “neutral” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Tuesday. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $27.25 price target on shares of Albertsons Companies in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $24.45.

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.