Blair William & Co. IL Sells 564 Shares of Albertsons Companies, Inc. (NYSE:ACI)

Blair William & Co. IL lowered its holdings in shares of Albertsons Companies, Inc. (NYSE:ACI) by 3.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,782 shares of the company’s stock after selling 564 shares during the quarter. Blair William & Co. IL’s holdings in Albertsons Companies were worth $347,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of ACI. Southeastern Asset Management Inc. TN lifted its position in Albertsons Companies by 108.0% during the fourth quarter. Southeastern Asset Management Inc. TN now owns 5,766,719 shares of the company’s stock valued at $113,258,000 after purchasing an additional 2,993,988 shares during the last quarter. LSV Asset Management lifted its position in Albertsons Companies by 52.9% during the first quarter. LSV Asset Management now owns 7,873,039 shares of the company’s stock valued at $173,128,000 after purchasing an additional 2,724,576 shares during the last quarter. Dendur Capital LP purchased a new stake in shares of Albertsons Companies in the fourth quarter valued at $49,100,000. Parsifal Capital Management LP lifted its holdings in shares of Albertsons Companies by 19.4% in the 4th quarter. Parsifal Capital Management LP now owns 10,204,862 shares of the company’s stock worth $200,423,000 after acquiring an additional 1,657,981 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Albertsons Companies by 205.2% in the 4th quarter. Deutsche Bank AG now owns 2,438,095 shares of the company’s stock worth $47,884,000 after acquiring an additional 1,639,190 shares during the last quarter. Institutional investors own 71.35% of the company’s stock.

Albertsons Companies Trading Down 1.8%

ACI stock opened at $19.36 on Tuesday. The company has a market capitalization of $10.84 billion, a PE ratio of 11.80, a P/E/G ratio of 2.02 and a beta of 0.46. Albertsons Companies, Inc. has a 12 month low of $17.00 and a 12 month high of $23.20. The firm’s 50-day moving average is $20.96 and its 200 day moving average is $21.23. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.82 and a quick ratio of 0.18.

Albertsons Companies (NYSE:ACI) last posted its earnings results on Tuesday, July 15th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. The business had revenue of $24.88 billion for the quarter, compared to the consensus estimate of $24.68 billion. Albertsons Companies had a net margin of 1.18% and a return on equity of 37.92%. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 EPS. On average, research analysts anticipate that Albertsons Companies, Inc. will post 2.14 EPS for the current year.

Albertsons Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 8th. Shareholders of record on Friday, July 25th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, July 25th. This represents a $0.60 dividend on an annualized basis and a yield of 3.1%. Albertsons Companies’s dividend payout ratio (DPR) is 36.59%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ACI. Telsey Advisory Group restated an “outperform” rating and issued a $24.00 target price on shares of Albertsons Companies in a report on Wednesday, July 16th. Barclays began coverage on shares of Albertsons Companies in a report on Monday, July 21st. They issued an “underweight” rating and a $19.00 target price for the company. Wall Street Zen upgraded shares of Albertsons Companies from a “hold” rating to a “buy” rating in a report on Saturday, July 26th. Royal Bank Of Canada restated an “outperform” rating and issued a $23.00 target price on shares of Albertsons Companies in a report on Wednesday, April 16th. Finally, UBS Group upgraded shares of Albertsons Companies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $22.00 to $27.00 in a report on Tuesday, July 22nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, Albertsons Companies presently has an average rating of “Moderate Buy” and a consensus price target of $24.06.

Insider Buying and Selling

In other Albertsons Companies news, EVP Omer Gajial sold 47,303 shares of the firm’s stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $21.46, for a total transaction of $1,015,122.38. Following the transaction, the executive vice president owned 162,569 shares of the company’s stock, valued at approximately $3,488,730.74. This trade represents a 22.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.35% of the company’s stock.

About Albertsons Companies

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.