GSA Capital Partners LLP Invests $1.42 Million in Albertsons Companies, Inc. $ACI

GSA Capital Partners LLP bought a new position in shares of Albertsons Companies, Inc. (NYSE:ACI) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 82,546 shares of the company’s stock, valued at approximately $1,417,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ACI. CWM LLC increased its position in shares of Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 730 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of Albertsons Companies by 185.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock worth $28,000 after acquiring an additional 1,057 shares in the last quarter. NBC Securities Inc. increased its position in shares of Albertsons Companies by 91.2% during the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after acquiring an additional 885 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Albertsons Companies by 32.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,524 shares of the company’s stock worth $44,000 after acquiring an additional 625 shares in the last quarter. Finally, Elevation Wealth Partners LLC bought a new stake in shares of Albertsons Companies during the fourth quarter worth about $46,000. 71.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Albertsons Companies Stock Down 0.9%

ACI opened at $17.05 on Thursday. The company has a quick ratio of 0.20, a current ratio of 0.86 and a debt-to-equity ratio of 4.58. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 53.28, a PEG ratio of 1.97 and a beta of 0.43. Albertsons Companies, Inc. has a twelve month low of $15.55 and a twelve month high of $22.78. The company’s 50-day moving average price is $16.88 and its two-hundred day moving average price is $17.31.

Albertsons Companies (NYSE:ACI) last released its earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.05. The firm had revenue of $20.25 billion for the quarter, compared to analysts’ expectations of $20.49 billion. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 earnings per share. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, equities analysts expect that Albertsons Companies, Inc. will post 2.11 earnings per share for the current year.

Albertsons Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 24th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Friday, April 24th. This is an increase from Albertsons Companies’s previous quarterly dividend of $0.15. Albertsons Companies’s dividend payout ratio is currently 212.50%.

Albertsons Companies Company Profile

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.