Corporations Albertsons, Inc. (NYSE: ACI) Inventory place was lowered by Newedge Advisors LLC

Newedge Advisors LLC lowered its possessions at Albertsons Firm, Inc. (NYSE: ACI – Free Report) by 20.3% through the fourth quarter, in response to its newest presentation of the 13F type within the insurance coverage and alternate fee. The fund owned 2,755 shares of the corporate’s inventory after promoting 700 shares throughout this era. Newedge Advisors LLC properties in Albertsons corporations had been price $ 54,000 on the finish of the most recent quarter.

Plenty of different defensive funds and different institutional traders additionally just lately purchased and bought shares. Synovus Monetary Corp raised its possessions within the shares of Albertsons with 10.0% within the third quarter. Synovus Monetary Corp now owns 13,192 inventory shares of the corporate price $ 244,000 after buying an extra 1,197 shares over the past quarter. Everence Capital Administration Inc. Gained a brand new motion in Albertsons corporations within the fourth quarter price $ 242,000. Winthrop Advisory Group LLC purchased a brand new share in Albertsons corporations within the fourth quarter price $ 1,011,000. Eagle Bay Advisors LLC elevated its possessions within the shares of Albertsons by 108.4% through the fourth quarter. Eagle Bay Advisors LLC now owns 1,346 inventory shares of the corporate price $ 26,000 after incomes an extra 700 shares throughout this era. Lastly, Trium Capital LL purchased a brand new place in Albertsons’ shares through the fourth quarter price about $ 23,678,000. 71.35% of the shares are at the moment owned by institutional traders and protecting funds.

Albertsons Firm Worth Efficiency

NYSE ACI shares opened with $ 21.95 on Friday. The agency has a 50-day common of $ 21.45 and a transferring common of 2 hundred days of $ 20.24. The corporate has a market capitalization of $ 12.64 billion, a worth worth of 12.33, a PEG ratio of 1.92 and a beta of 0.47. The corporate has a present ratio of 0.93, a fast ratio of 0.21, and a debt-capitable ratio of two.31. Albertsons corporations, INC, has a twelve months low of $ 17.00 and a excessive twelve months of $ 23.20.

Albertsons Corporations (NYSE: ACI – Get FREE report) launched the outcomes of its income on Tuesday, April 15. The corporate reported $ 0.46 {dollars} per share income for the quarter, evaluating analysts’ consensus estimates of $ 0.40 by $ 0.06. The agency had income of $ 18.80 billion through the quarter, in comparison with the expectations of analysts of $ 18.78 billion. Albertsons’ corporations had a internet margin of 1.30% and a return of capital of 44.70%. Throughout the identical interval final yr, the agency posted $ 0.54 income per share. As a bunch, analysts anticipate that Albertsons Firm, Inc. submit 2.14 Motion Income for the present fiscal yr.

Albertsons corporations notify the dividend

The enterprise additionally just lately introduced a quarterly dividend, which shall be paid on Friday, Could 9. Report traders on Friday, April 25 shall be issued a $ 0.15 dividend. This represents a dividend of $ 0.60 on an annual foundation and a dividend yield of two.73%. The previous Diduend’s date is Friday, April 25. Albertsons’ fee ratio is 36.59%.

Analysts set new worth targets

ACI has been the subject of some current analysis stories. JPMORGAN CHASE & CO. raised their worth goal within the shares of Albertsons from $ 24.00 to $ 31.00 and gave the corporate an “obese” score in a research report on Thursday. Tigress Monetary elevated their worth goal for Albertsons corporations from $ 27.00 to $ 28.00 and gave shares a “Purchase” score in a research report on Thursday, April 24. Royal Financial institution of Canada reiterated a “higher” score and issued a worth of $ 23.00 for the shares of Albertsons in a research report Wednesday, April 16. EVERCORE ISI lowered their worth goal in Albertsons corporations from $ 23.00 to $ 22.00 and set a “Line” score for the corporate on a analysis observe on Thursday, April 17. Lastly, Telsey Advisory Group reiterated a “higher” score and set a $ 26.00 worth goal for Albertsons firm shares in a analysis observe on Friday, April 11. Six funding analysts have evaluated shares with a holding evaluation and eight have assigned a purchase order evaluation in inventory. Based on information from Marketbeat.com, Albertsons at the moment have a “Purchase Average” consensus score and a mean worth goal of $ 23.93.

View our newest report back to Albertsons corporations

Firm Profile Albertsons Firm

(Free report)

Albertsons corporations, INC, via its subsidiaries, interact within the operation of meals and medicines in the US. Firm’s retail and retail shops supply meals merchandise, common items, well being care and sweetness merchandise, pharmacy, gas and different gadgets and providers. It additionally manufactures and processes meals merchandise on the market in shops.

Beneficial

Wish to see which different protecting funds are carrying ACI? Go to HoldingsChannel.com to get the most recent 13F recordings and inner commerce for Albertsons Firm, Inc. (NYSE: ACI – Free Report).

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