Retail Value Inc (NYSE:RVI) Major Shareholder Sells $1,711,850.50 in Stock

Retail Value Inc (NYSE:RVI) major shareholder Katharina Otto-Bernstein sold 47,525 shares of Retail Value stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $36.02, for a total value of $1,711,850.50. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Katharina Otto-Bernstein also recently made the following trade(s):

  • On Monday, October 14th, Katharina Otto-Bernstein sold 29,127 shares of Retail Value stock. The shares were sold at an average price of $36.02, for a total value of $1,049,154.54.
  • On Monday, October 7th, Katharina Otto-Bernstein sold 13,040 shares of Retail Value stock. The shares were sold at an average price of $36.88, for a total value of $480,915.20.
  • On Thursday, October 3rd, Katharina Otto-Bernstein sold 31,513 shares of Retail Value stock. The shares were sold at an average price of $36.88, for a total value of $1,162,199.44.
  • On Tuesday, October 1st, Katharina Otto-Bernstein sold 25,694 shares of Retail Value stock. The shares were sold at an average price of $37.19, for a total value of $955,559.86.
  • On Thursday, September 26th, Katharina Otto-Bernstein sold 147,836 shares of Retail Value stock. The shares were sold at an average price of $37.41, for a total value of $5,530,544.76.
  • On Tuesday, September 24th, Katharina Otto-Bernstein sold 66,799 shares of Retail Value stock. The shares were sold at an average price of $37.04, for a total value of $2,474,234.96.
  • On Friday, September 20th, Katharina Otto-Bernstein sold 58,053 shares of Retail Value stock. The stock was sold at an average price of $37.44, for a total value of $2,173,504.32.
  • On Tuesday, September 17th, Katharina Otto-Bernstein sold 27,800 shares of Retail Value stock. The stock was sold at an average price of $37.50, for a total value of $1,042,500.00.
  • On Friday, September 13th, Katharina Otto-Bernstein sold 48,600 shares of Retail Value stock. The stock was sold at an average price of $37.40, for a total value of $1,817,640.00.
  • On Wednesday, September 11th, Katharina Otto-Bernstein sold 30,800 shares of Retail Value stock. The stock was sold at an average price of $36.94, for a total value of $1,137,752.00.

NYSE:RVI opened at $35.93 on Friday. The business has a 50 day moving average of $37.06 and a 200 day moving average of $35.25. The company has a market capitalization of $686.26 million, a price-to-earnings ratio of 30.27 and a beta of 1.44. Retail Value Inc has a 1-year low of $24.50 and a 1-year high of $38.59. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.95 and a quick ratio of 2.95.

Retail Value (NYSE:RVI) last released its earnings results on Tuesday, August 6th. The company reported $0.72 earnings per share for the quarter. The company had revenue of $60.89 million during the quarter. Retail Value had a return on equity of 3.30% and a net margin of 8.64%. As a group, sell-side analysts anticipate that Retail Value Inc will post -1.09 EPS for the current year.

RVI has been the subject of a number of recent research reports. ValuEngine downgraded Retail Value from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Zacks Investment Research upgraded Retail Value from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Thursday, August 22nd. Finally, Morgan Stanley downgraded Retail Value from an “overweight” rating to an “equal weight” rating and set a $38.00 target price for the company. in a research report on Friday, August 2nd. They noted that the move was a valuation call.

A number of large investors have recently added to or reduced their stakes in RVI. Marshall Wace LLP bought a new stake in Retail Value in the 1st quarter worth approximately $982,000. Marshall Wace North America L.P. purchased a new position in Retail Value in the 1st quarter worth approximately $82,000. FMR LLC increased its stake in Retail Value by 1.5% in the 1st quarter. FMR LLC now owns 233,907 shares of the company’s stock worth $7,291,000 after purchasing an additional 3,371 shares during the period. WINTON GROUP Ltd purchased a new position in Retail Value in the 2nd quarter worth approximately $347,000. Finally, Arlington Partners LLC purchased a new position in Retail Value in the 2nd quarter worth approximately $108,000. Institutional investors own 67.23% of the company’s stock.

About Retail Value

RVI is an independent publicly traded company trading under the ticker symbol “RVI” on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. RVI focuses on realizing value in its business through operations and sales of its assets.

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Insider Buying and Selling by Quarter for Retail Value (NYSE:RVI)

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