2 weeks Ago By Defense World Staff
JPMorgan Chase & Co. increased its stake in Retail Opportunity Investments Corp. ( NASDAQ:ROIC – Free Report ) by 58.
7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,235,094 shares of the real estate investment trust’s stock after purchasing an additional 1,196,057 shares during the quarter. JPMorgan Chase & Co.
owned about 2.51% of Retail Opportunity Investments worth $56,161,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock.
Versant Capital Management Inc boosted its stake in Retail Opportunity Investments by 117.8% during the 4th quarter. Versant Capital Management Inc now owns 3,572 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 1,932 shares in the last quarter.
Smartleaf Asset Management LLC boosted its stake in Retail Opportunity Investments by 188.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,270 shares of the real estate investment trust’s stock valued at $92,000 after buying an additional 3,440 shares in the last quarter.
KBC Group NV boosted its stake in Retail Opportunity Investments by 51.7% during the fourth quarter. KBC Group NV now owns 6,026 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 2,053 shares in the last quarter.
GAMMA Investing LLC grew its holdings in Retail Opportunity Investments by 8.9% during the fourth quarter. GAMMA Investing LLC now owns 10,183 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 832 shares during the period.
Finally, Cibc World Markets Corp bought a new stake in Retail Opportunity Investments in the fourth quarter worth about $201,000. Institutional investors own 97.16% of the company’s stock.
Analyst Ratings Changes Separately, StockNews.com began coverage on shares of Retail Opportunity Investments in a research report on Thursday. They set a “hold” rating for the company.
One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to MarketBeat.com, Retail Opportunity Investments has a consensus rating of “Hold” and an average price target of $16.
20. Retail Opportunity Investments Trading Up 0.1 % NASDAQ:ROIC opened at $17.
51 on Friday. The stock has a fifty day simple moving average of $17.50 and a 200 day simple moving average of $17.
02. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 38.
07 and a beta of 1.45. Retail Opportunity Investments Corp.
has a 1-year low of $11.87 and a 1-year high of $17.52.
The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 1.
04. Retail Opportunity Investments Profile ( Free Report ) Retail Opportunity Investments Corp. (Nasdaq: ROIC), is a fully integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely populated, metropolitan markets across the West Coast.
As of December 31, 2023, ROIC owned 94 shopping centers encompassing approximately 10.6 million square feet. Featured Stories Five stocks we like better than Retail Opportunity Investments High Flyers: 3 Natural Gas Stocks for March 2022 Conagra Stock Could Thrive as Tariffs Hit Other Sectors Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds Special Purpose Acquisition Company (SPAC) What You Need to Know Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy? Receive News & Ratings for Retail Opportunity Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Retail Opportunity Investments and related companies with MarketBeat.
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