Norges Bank Reduces $350M in Albertsons Companies, Inc. ($ACI)
Key Points
- Norges Bank changed its Albertsons Companies, Inc. ($ACI) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $ACI is Buy and an average price target of $20.94.
- $ACI last traded around $15.47.
Norges Bank reduced its position in Albertsons Companies, Inc. ($ACI), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Albertsons Companies, Inc. after selling 22,602,710 shares during the quarter.
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About Albertsons Companies, Inc.
Albertsons Companies, Inc., through its subsidiaries, operates in the food and drug retail industry in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, vaccines, fuel, and other items and services. It also operates stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, ACME, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and in-store pharmacies and branded coffee shops, fuel centers, distribution centers, and manufacturing facilities, as well as various digital platforms. Albertsons Companies, Inc. was founded in 1860 and is headquartered in Boise, Idaho.
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