Retail Opportunity Investments Corp (ROIC) Stake Raised by D.A. Davidson & CO.

D.A. Davidson & CO. increased its holdings in Retail Opportunity Investments Corp (NASDAQ:ROIC) by 11.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,789 shares of the real estate investment trust’s stock after purchasing an additional 9,075 shares during the period. D.A. Davidson & CO.’s holdings in Retail Opportunity Investments were worth $1,731,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ROIC. New York State Common Retirement Fund grew its position in shares of Retail Opportunity Investments by 2.1% in the second quarter. New York State Common Retirement Fund now owns 114,700 shares of the real estate investment trust’s stock valued at $2,201,000 after purchasing an additional 2,399 shares during the period. California Public Employees Retirement System grew its position in Retail Opportunity Investments by 1.9% during the second quarter. California Public Employees Retirement System now owns 179,500 shares of the real estate investment trust’s stock valued at $3,445,000 after acquiring an additional 3,400 shares during the period. Dimensional Fund Advisors LP grew its position in Retail Opportunity Investments by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,592,579 shares of the real estate investment trust’s stock valued at $30,563,000 after acquiring an additional 76,698 shares during the period. Macquarie Group Ltd. grew its position in Retail Opportunity Investments by 36.7% during the second quarter. Macquarie Group Ltd. now owns 33,900 shares of the real estate investment trust’s stock valued at $651,000 after acquiring an additional 9,100 shares during the period. Finally, State Street Corp grew its position in Retail Opportunity Investments by 2.5% during the second quarter. State Street Corp now owns 4,190,488 shares of the real estate investment trust’s stock valued at $80,416,000 after acquiring an additional 100,593 shares during the period. 98.18% of the stock is owned by institutional investors and hedge funds.

Shares of Retail Opportunity Investments Corp (NASDAQ:ROIC) opened at $17.62 on Tuesday. Retail Opportunity Investments Corp has a 1 year low of $16.21 and a 1 year high of $22.37. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.64 and a current ratio of 1.64. The stock has a market capitalization of $1,933.45, a PE ratio of 51.82, a price-to-earnings-growth ratio of 2.16 and a beta of 0.58.

A number of equities research analysts have issued reports on ROIC shares. Zacks Investment Research raised Retail Opportunity Investments from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. KeyCorp reissued a “neutral” rating on shares of Retail Opportunity Investments in a research report on Tuesday, October 24th. Jefferies Group set a $20.00 price target on Retail Opportunity Investments and gave the company a “hold” rating in a research report on Tuesday, October 31st. BidaskClub downgraded Retail Opportunity Investments from a “hold” rating to a “sell” rating in a research report on Saturday, January 13th. Finally, Royal Bank of Canada reissued a “buy” rating and set a $22.00 price target on shares of Retail Opportunity Investments in a research report on Monday, October 30th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. Retail Opportunity Investments has a consensus rating of “Hold” and an average price target of $22.00.

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About Retail Opportunity Investments

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.

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

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