Albertsons CompaniesACI
Market Cap: 11.8B
About: Albertsons is the second largest supermarket operator in the United States with over 2,200 stores across a variety of banners. About 80% of the firm's sales stem from non-perishable and fresh food, of which 25% comes from its portfolio of private brands. The company also operates fuel centers and pharmacies at about 20% and 75% of its store locations, respectively. Albertsons went public in 2020 following years of ownership under private equity firm Cerberus Capital Management, which still owns around one-quarter of outstanding shares.
Employees: 285,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
157% more call options, than puts
Call options by funds: $396M | Put options by funds: $154M
22% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 133
1.7% more ownership
Funds ownership: 71.46% [Q4 2023] → 73.16% (+1.7%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 27 [Q4 2023] → 27 (+0) [Q1 2024]
1% less funds holding
Funds holding: 420 [Q4 2023] → 416 (-4) [Q1 2024]
5% less capital invested
Capital invested by funds: $9.46B [Q4 2023] → $9.03B (-$432M) [Q1 2024]
6% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 64
Research analyst outlook
8 Wall Street Analysts provided 1 year price forecasts over the past 6 months
8 analyst ratings
Telsey Advisory Group Joe Feldman | 33%upside $27.25 | Market Perform Maintained | 23 Jul 2024 |
Telsey Advisory Group Joe Feldman | 33%upside $27.25 | Market Perform Maintained | 18 Jul 2024 |
Telsey Advisory Group Joe Feldman | 33%upside $27.25 | Market Perform Maintained | 23 Apr 2024 |
RBC Capital Steven Shemesh | 8%upside $22 | Outperform Maintained | 23 Apr 2024 |
Telsey Advisory Group Joseph Feldman | 33%upside $27.25 | Market Perform Reiterated | 17 Apr 2024 |
Financial journalist opinion
Based on 14 articles about ACI published over the past 30 days