Retail Opportunity Investments (ROIC) Rating Reiterated by Capital One Financial

Retail Opportunity Investments (NASDAQ:ROIC)‘s stock had its “overweight” rating restated by investment analysts at Capital One Financial in a report issued on Monday. Capital One Financial also issued estimates for Retail Opportunity Investments’ Q4 2017 earnings at $0.29 EPS, Q1 2018 earnings at $0.29 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.30 EPS, Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $1.19 EPS and FY2019 earnings at $1.24 EPS.

ROIC has been the topic of several other reports. Jefferies Group set a $20.00 target price on shares of Retail Opportunity Investments and gave the company a “hold” rating in a research note on Tuesday, October 31st. Citigroup cut their target price on shares of Retail Opportunity Investments from $20.50 to $20.00 and set a “neutral” rating on the stock in a research note on Monday, October 30th. Royal Bank of Canada reissued a “buy” rating and set a $22.00 target price on shares of Retail Opportunity Investments in a research note on Monday, October 30th. BidaskClub downgraded shares of Retail Opportunity Investments from a “sell” rating to a “strong sell” rating in a research note on Tuesday, January 30th. Finally, Zacks Investment Research raised shares of Retail Opportunity Investments from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $22.00.

Shares of Retail Opportunity Investments (NASDAQ:ROIC) opened at $17.13 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.64 and a current ratio of 1.64. Retail Opportunity Investments has a one year low of $16.21 and a one year high of $22.37. The stock has a market cap of $1,852.25, a price-to-earnings ratio of 15.21, a price-to-earnings-growth ratio of 2.06 and a beta of 0.58.

Institutional investors have recently bought and sold shares of the company. Shelton Capital Management grew its holdings in shares of Retail Opportunity Investments by 5.6% during the 2nd quarter. Shelton Capital Management now owns 10,858 shares of the real estate investment trust’s stock valued at $208,000 after acquiring an additional 579 shares in the last quarter. FDx Advisors Inc. purchased a new position in shares of Retail Opportunity Investments during the 4th quarter valued at $221,000. Eaton Vance Management purchased a new position in shares of Retail Opportunity Investments during the 4th quarter valued at $267,000. Ramsey Quantitative Systems purchased a new position in shares of Retail Opportunity Investments during the 4th quarter valued at $269,000. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Retail Opportunity Investments during the 2nd quarter valued at $259,000. Institutional investors and hedge funds own 97.90% of the company’s stock.

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Retail Opportunity Investments Company Profile

Retail Opportunity Investments Corp. (ROIC) is a fully integrated, self-managed real estate investment trust (REIT). The Company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores.

Analyst Recommendations for Retail Opportunity Investments (NASDAQ:ROIC)

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