Vanguard Personalized Indexing Management LLC Has $775,000 Position in Albertsons Companies, Inc. (NYSE:ACI)

Vanguard Personalized Indexing Management LLC grew its stake in shares of Albertsons Companies, Inc. (NYSE:ACI) by 50.5% in the second quarter, Holdings Channel reports. The institutional investor owned 39,259 shares of the company’s stock after purchasing an additional 13,174 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Albertsons Companies were worth $775,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Verus Capital Partners LLC raised its position in shares of Albertsons Companies by 3.6% during the second quarter. Verus Capital Partners LLC now owns 16,288 shares of the company’s stock valued at $322,000 after buying an additional 565 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Albertsons Companies by 1.7% during the first quarter. Oppenheimer & Co. Inc. now owns 51,025 shares of the company’s stock valued at $1,094,000 after buying an additional 864 shares during the last quarter. 1832 Asset Management L.P. raised its position in shares of Albertsons Companies by 2.2% during the first quarter. 1832 Asset Management L.P. now owns 50,991 shares of the company’s stock valued at $1,093,000 after buying an additional 1,121 shares during the last quarter. Symmetry Partners LLC raised its position in shares of Albertsons Companies by 11.9% during the first quarter. Symmetry Partners LLC now owns 10,835 shares of the company’s stock valued at $232,000 after buying an additional 1,149 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in Albertsons Companies by 5.2% in the second quarter. Daiwa Securities Group Inc. now owns 24,300 shares of the company’s stock valued at $480,000 after acquiring an additional 1,200 shares during the period. Institutional investors and hedge funds own 71.35% of the company’s stock.

Albertsons Companies Stock Performance

NYSE ACI opened at $18.52 on Wednesday. The firm has a market cap of $10.72 billion, a price-to-earnings ratio of 8.30, a PEG ratio of 1.02 and a beta of 0.49. The company has a 50 day moving average of $19.64 and a 200-day moving average of $20.14. The company has a current ratio of 0.88, a quick ratio of 0.21 and a debt-to-equity ratio of 2.67. Albertsons Companies, Inc. has a 1-year low of $17.80 and a 1-year high of $23.47.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings data on Tuesday, July 23rd. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). The business had revenue of $24.27 billion during the quarter, compared to analyst estimates of $24.16 billion. Albertsons Companies had a return on equity of 56.01% and a net margin of 1.41%. Albertsons Companies’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.89 EPS. On average, equities analysts forecast that Albertsons Companies, Inc. will post 2.26 earnings per share for the current fiscal year.

Albertsons Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, July 26th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Friday, July 26th. Albertsons Companies’s dividend payout ratio is currently 21.52%.

Wall Street Analyst Weigh In

ACI has been the topic of a number of analyst reports. Melius Research initiated coverage on shares of Albertsons Companies in a research note on Monday. They issued a “hold” rating and a $19.00 target price on the stock. Telsey Advisory Group reissued a “market perform” rating and issued a $27.25 target price on shares of Albertsons Companies in a research note on Thursday, July 18th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $23.54.

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.