25,000 Shares in Albertsons Companies, Inc. (NYSE:ACI) Acquired by DRW Securities LLC

DRW Securities LLC acquired a new stake in shares of Albertsons Companies, Inc. (NYSE:ACI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the company's stock, valued at approximately $491,000.

A number of other institutional investors have also made changes to their positions in the stock. Private Management Group Inc. raised its position in shares of Albertsons Companies by 2.0% in the fourth quarter. Private Management Group Inc. now owns 2,196,484 shares of the company's stock valued at $43,138,000 after purchasing an additional 43,532 shares during the period. NINE MASTS CAPITAL Ltd acquired a new stake in shares of Albertsons Companies in the fourth quarter valued at about $746,000. ORBA Wealth Advisors L.L.C. bought a new position in shares of Albertsons Companies in the fourth quarter worth about $433,000. Synergy Asset Management LLC acquired a new position in shares of Albertsons Companies during the 4th quarter worth about $248,000. Finally, Econ Financial Services Corp acquired a new stake in Albertsons Companies in the 4th quarter valued at approximately $499,000. 71.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on ACI shares. Telsey Advisory Group reiterated an "outperform" rating and set a $26.00 target price on shares of Albertsons Companies in a research note on Friday. Evercore ISI boosted their price target on shares of Albertsons Companies from $21.00 to $22.00 and gave the company an "in-line" rating in a report on Tuesday, March 11th. Citigroup began coverage on shares of Albertsons Companies in a report on Friday, January 24th. They set a "buy" rating and a $26.00 price objective for the company. The Goldman Sachs Group reissued a "buy" rating and issued a $26.00 target price on shares of Albertsons Companies in a research note on Tuesday, February 4th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $23.00 price objective on shares of Albertsons Companies in a report on Thursday, April 3rd. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $23.50.

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Albertsons Companies Price Performance

Shares of ACI traded down $1.61 during mid-day trading on Tuesday, hitting $19.96. 13,605,938 shares of the company traded hands, compared to its average volume of 4,219,591. The company has a current ratio of 0.93, a quick ratio of 0.21 and a debt-to-equity ratio of 2.31. The business has a 50-day moving average of $21.18 and a 200 day moving average of $19.92. Albertsons Companies, Inc. has a one year low of $17.00 and a one year high of $23.20. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 1.92 and a beta of 0.47.

Albertsons Companies (NYSE:ACI - Get Free Report) last posted its quarterly earnings results on Tuesday, April 15th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.06. Albertsons Companies had a return on equity of 44.70% and a net margin of 1.30%. The business had revenue of $18.80 billion for the quarter, compared to analysts' expectations of $18.78 billion. During the same quarter last year, the business earned $0.54 earnings per share. As a group, equities analysts expect that Albertsons Companies, Inc. will post 2.14 earnings per share for the current fiscal year.

Albertsons Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.01%. Albertsons Companies's payout ratio is 33.71%.

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.