Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Downgraded by Kepler Capital Markets to “Hold”

Kepler Capital Markets lowered shares of Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks.com reports.

Separately, The Goldman Sachs Group raised Koninklijke Ahold Delhaize to a “strong-buy” rating in a research report on Thursday, March 13th.

Koninklijke Ahold Delhaize Stock Up 1.1 %

Shares of Koninklijke Ahold Delhaize stock opened at €41.39 ($46.51) on Thursday. Koninklijke Ahold Delhaize has a 12-month low of €29.51 ($33.16) and a 12-month high of €42.85 ($48.15). The company has a quick ratio of 0.49, a current ratio of 0.79 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average price of €38.38 and a two-hundred day moving average price of €35.71. The stock has a market capitalization of $37.81 billion, a P/E ratio of 20.29, a PEG ratio of 1.82 and a beta of 0.54.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last posted its quarterly earnings data on Wednesday, May 7th. The company reported €0.65 ($0.73) earnings per share (EPS) for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. Equities analysts expect that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current year.

Koninklijke Ahold Delhaize Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 24th. Stockholders of record on Monday, April 14th were paid a $0.7044 dividend. This is an increase from Koninklijke Ahold Delhaize’s previous dividend of $0.42. The ex-dividend date of this dividend was Monday, April 14th. Koninklijke Ahold Delhaize’s dividend payout ratio (DPR) is presently 59.31%.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.