Royal Bank of Canada Sells Stake in Albertsons Companies

Albertsons Companies has seen a significant change in its ownership structure as Royal Bank of Canada reduced its stake in the company by selling 235,336 shares during the first quarter. This move resulted in Royal Bank of Canada's ownership decreasing to 327,886 shares, representing a 41.8% decrease.

According to the most recent filing with the Securities and Exchange Commission (SEC), Royal Bank of Canada owned approximately 0.07% of Albertsons Companies' stock, valued at $5,587,000 as of its last SEC filing. Other large investors also made changes to their stakes in the company during the fourth quarter.

Norges Bank purchased a new stake in shares of Albertsons Companies during this period, valued at approximately $388,089,000. Morgan Stanley increased its holdings by 101%, purchasing an additional 5,873,759 shares. Dimensional Fund Advisors LP raised its position by 62.4% and Vanguard Group Inc. increased its holding by 14.9%.