Swiss Life Asset Management Ltd Has $633,000 Stake in Albertsons Companies, Inc. $ACI

Swiss Life Asset Management Ltd decreased its stake in Albertsons Companies, Inc. (NYSE:ACI) by 52.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,892 shares of the company’s stock after selling 40,179 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Albertsons Companies were worth $633,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Plato Investment Management Ltd acquired a new position in Albertsons Companies in the fourth quarter valued at about $456,000. Carlson Capital L.P. raised its position in shares of Albertsons Companies by 6.4% during the fourth quarter. Carlson Capital L.P. now owns 50,000 shares of the company’s stock worth $858,000 after purchasing an additional 3,000 shares during the period. Fifth Third Bancorp raised its position in shares of Albertsons Companies by 44.2% during the fourth quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock worth $76,000 after purchasing an additional 1,353 shares during the period. State of New Jersey Common Pension Fund D raised its position in shares of Albertsons Companies by 7.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 118,901 shares of the company’s stock worth $2,042,000 after purchasing an additional 7,731 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Albertsons Companies by 14.9% during the fourth quarter. Vanguard Group Inc. now owns 39,330,507 shares of the company’s stock worth $675,305,000 after purchasing an additional 5,110,777 shares during the period. Institutional investors and hedge funds own 71.35% of the company’s stock.

Albertsons Companies Stock Down 0.6%

NYSE:ACI opened at $16.41 on Friday. The company has a debt-to-equity ratio of 4.58, a quick ratio of 0.20 and a current ratio of 0.86. The company has a market cap of $8.11 billion, a PE ratio of 51.27, a PEG ratio of 1.88 and a beta of 0.43. Albertsons Companies, Inc. has a 52-week low of $15.55 and a 52-week high of $22.78. The stock has a 50-day simple moving average of $16.91 and a 200 day simple moving average of $17.34.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. The business had revenue of $20.25 billion during the quarter, compared to the consensus estimate of $20.49 billion. Albertsons Companies had a return on equity of 42.75% and a net margin of 0.26%.Albertsons Companies’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. On average, sell-side analysts expect that Albertsons Companies, Inc. will post 2.11 EPS for the current fiscal year.

Albertsons Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 24th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, April 24th. This is a boost from Albertsons Companies’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.1%. Albertsons Companies’s dividend payout ratio is 212.50%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ACI. Citigroup dropped their price target on Albertsons Companies from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. JPMorgan Chase & Co. dropped their price target on Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. Weiss Ratings lowered Albertsons Companies from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, April 21st. UBS Group dropped their price target on Albertsons Companies from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $21.00 price target on shares of Albertsons Companies in a research report on Monday, April 6th. Ten research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $21.31.

About Albertsons Companies

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.