Retail Opportunity Investments Corp (ROIC) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank cut its stake in shares of Retail Opportunity Investments Corp (NASDAQ:ROIC) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,741 shares of the real estate investment trust’s stock after selling 841 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Retail Opportunity Investments were worth $488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in ROIC. State of Alaska Department of Revenue lifted its holdings in shares of Retail Opportunity Investments by 2.7% in the 4th quarter. State of Alaska Department of Revenue now owns 74,747 shares of the real estate investment trust’s stock worth $1,185,000 after acquiring an additional 1,996 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Retail Opportunity Investments by 12.9% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,923 shares of the real estate investment trust’s stock worth $503,000 after acquiring an additional 3,079 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in shares of Retail Opportunity Investments by 27.9% in the 3rd quarter. Riverhead Capital Management LLC now owns 14,652 shares of the real estate investment trust’s stock worth $274,000 after acquiring an additional 3,200 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Retail Opportunity Investments by 14.5% in the 4th quarter. Bank of Montreal Can now owns 29,095 shares of the real estate investment trust’s stock worth $461,000 after acquiring an additional 3,681 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its holdings in shares of Retail Opportunity Investments by 1.8% in the 3rd quarter. Great West Life Assurance Co. Can now owns 205,778 shares of the real estate investment trust’s stock worth $3,844,000 after acquiring an additional 3,689 shares during the last quarter. Institutional investors and hedge funds own 98.25% of the company’s stock.

Shares of ROIC opened at $17.93 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.58 and a quick ratio of 1.58. Retail Opportunity Investments Corp has a fifty-two week low of $15.44 and a fifty-two week high of $19.80. The company has a market capitalization of $2.00 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 2.63 and a beta of 0.74.

A number of equities research analysts have recently weighed in on ROIC shares. BidaskClub upgraded shares of Retail Opportunity Investments from a “sell” rating to a “hold” rating in a report on Tuesday, October 30th. Zacks Investment Research upgraded shares of Retail Opportunity Investments from a “sell” rating to a “hold” rating in a report on Thursday, November 15th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. Retail Opportunity Investments currently has a consensus rating of “Hold” and an average target price of $18.75.

WARNING: This story was first posted by Markets Daily and is the sole property of of Markets Daily. If you are viewing this story on another site, it was illegally copied and reposted in violation of U.S. and international copyright laws. The correct version of this story can be viewed at https://www.themarketsdaily.com/2019/02/09/retail-opportunity-investments-corp-roic-shares-sold-by-zurcher-kantonalbank-zurich-cantonalbank.html.

Retail Opportunity Investments Company Profile

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 September 30, 2018, ROIC owned 91 shopping centers encompassing approximately 10.5 million square feet.

Featured Article: Asset Allocation and Your Retirement

Institutional Ownership by Quarter for Retail Opportunity Investments (NASDAQ:ROIC)

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.com's FREE daily email newsletter.

Leave a Reply