Short Interest in Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Drops By 68.0%

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 8,000 shares, a decrease of 68.0% from the May 15th total of 25,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 162,800 shares, the short-interest ratio is currently 0.0 days.

Koninklijke Ahold Delhaize Stock Up 0.4%

OTCMKTS ADRNY opened at €41.50 ($48.26) on Friday. Koninklijke Ahold Delhaize has a 1 year low of €29.51 ($34.31) and a 1 year high of €42.98 ($49.98). The stock has a market capitalization of $37.91 billion, a PE ratio of 20.34, a PEG ratio of 1.82 and a beta of 0.53. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.79 and a quick ratio of 0.49. The business’s 50-day moving average is €40.64 and its 200 day moving average is €37.01.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last released its quarterly earnings data on Wednesday, May 7th. The company reported €0.65 ($0.76) earnings per share for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. Sell-side analysts forecast that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 24th. Stockholders of record on Monday, April 14th were paid a $0.7044 dividend. The ex-dividend date was Monday, April 14th. This is a boost from Koninklijke Ahold Delhaize’s previous dividend of $0.42. Koninklijke Ahold Delhaize’s dividend payout ratio (DPR) is presently 58.17%.

Analysts Set New Price Targets

ADRNY has been the topic of several recent research reports. Kepler Capital Markets downgraded Koninklijke Ahold Delhaize from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 8th. Wall Street Zen upgraded Koninklijke Ahold Delhaize from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 22nd. Finally, The Goldman Sachs Group upgraded Koninklijke Ahold Delhaize to a “strong-buy” rating in a research report on Thursday, March 13th.

About Koninklijke Ahold Delhaize

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.