Retail Opp Invts Cp (NASDAQ:ROIC).
Raymond James & Associates bought 44,283 shares in quarter ending 09/30/2017 increasing its exposure to Retail Opp Invts Cp by 6.8%. Its position stood at $13,253,000 an increase of $724,000 as of quarter end.
The following firms have recently changed their position in ROIC. Alliancebernstein L.P. augmented its position by buying 6,085 shares an increase of 0.7%. Alliancebernstein L.P. now controls 910,610 shares valued at $17,311,000. The value of the position overall is down by 0.3%. As of the end of the quarter Dimensional Fund Advisors Lp had acquired a total of 68,855 shares growing its position 4.3%. The value of the investment in (ROIC) went from $30,563,000 to $31,584,000 increasing 3.3% since the last quarter.
As of quarter end Ubs Asset Management Americas Inc had bought 1,710 shares growing its holdings by 2,137.5%. The value in dollars increased from $1,535,000 to $34,028,000 a change of 2,116.8% quarter over quarter.
On October 31 analysts at Jefferies Group LLC updated its forecast on ROIC and giving a rating of “Hold” and price target of $20.00. On October 30 Royal Bank Of Canada made no change to the stock rating of “Buy” projecting a price of $22.00.
Equity analyst Citigroup lowered the price target on October 30 changing the price objective from $20.50 to $20.00 and stated a “Neutral” rating. October 24 investment analysts at KeyCorp reiterated a “Neutral” rating on the stock.
FBR & Co released research on ROIC with a rating of “Hold” and establishing a price target of $23.00. On September 24, 2017 KeyCorp kept a “Hold” rating on the company.
In the market the company is trading up from yesterday’s close of 19.3. Retail Opp Invts Cp currently has a P/E ratio of 63.33 and market capitalization is 2.12B. As of the latest earnings report the EPS was $0.31 with 109.73M shares currently outstanding.
Investors are a little more bearish on the company recently if you pay attention to the change in short interest. The stock experienced a rise in short interest of 7.36% as of the latest report on October 13, 2017. Short interest grew 525,992 over that period. With short interest at 7,670,591 and short average daily volume at 872,131, the short-interest ratio is 9.0 and the percentage of shorted shares is 0.07% as of October 13.