Albertsons CompaniesACI
Market Cap: $10.5B
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 about a fourth of outstanding shares.
Employees: 285,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
68% more call options, than puts
Call options by funds: $125M | Put options by funds: $74.6M
33% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 46
31% more repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 137
4% more funds holding
Funds holding: 422 [Q1] → 437 (+15) [Q2]
2.23% more ownership
Funds ownership: 73.81% [Q1] → 76.04% (+2.23%) [Q2]
5% less capital invested
Capital invested by funds: $9.11B [Q1] → $8.7B (-$416M) [Q2]
7% less funds holding in top 10
Funds holding in top 10: 27 [Q1] → 25 (-2) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Telsey Advisory Group Joe Feldman 100% 1-year accuracy 2 / 2 met price target | 51%upside $27 | Market Perform Maintained | 23 Jul 2024 |
Telsey Advisory Group Joe Feldman 100% 1-year accuracy 2 / 2 met price target | 51%upside $27 | Market Perform Maintained | 18 Jul 2024 |
Financial journalist opinion
Based on 19 articles about ACI published over the past 30 days