WINTON GROUP Ltd Acquires New Shares in Retail Opportunity Investments Corp. (NASDAQ:ROIC)

WINTON GROUP Ltd bought a new position in Retail Opportunity Investments Corp. (NASDAQ:ROIC) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 151,516 shares of the real estate investment trust’s stock, valued at approximately $2,630,000. WINTON GROUP Ltd owned approximately 0.12% of Retail Opportunity Investments as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. raised its holdings in Retail Opportunity Investments by 1.3% in the 3rd quarter. Principal Financial Group Inc. now owns 6,107,593 shares of the real estate investment trust’s stock valued at $96,072,000 after buying an additional 75,803 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Retail Opportunity Investments by 0.7% during the third quarter. Geode Capital Management LLC now owns 3,290,973 shares of the real estate investment trust’s stock valued at $51,776,000 after acquiring an additional 24,421 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Retail Opportunity Investments by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,379,547 shares of the real estate investment trust’s stock worth $41,309,000 after purchasing an additional 32,429 shares during the period. Picton Mahoney Asset Management bought a new stake in shares of Retail Opportunity Investments in the fourth quarter worth $27,343,000. Finally, Alpine Associates Management Inc. acquired a new stake in Retail Opportunity Investments in the fourth quarter valued at $23,436,000. 97.16% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Retail Opportunity Investments in a research note on Wednesday. They issued a “hold” rating for the company. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $16.20.

Retail Opportunity Investments Stock Up 0.1 %

Shares of NASDAQ:ROIC opened at $17.51 on Friday. The business’s 50-day moving average is $17.49 and its 200-day moving average is $16.93. Retail Opportunity Investments Corp. has a 1 year low of $11.87 and a 1 year high of $17.52. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 38.07 and a beta of 1.45. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.92 and a quick ratio of 1.92.

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 December 31, 2023, ROIC owned 94 shopping centers encompassing approximately 10.6 million square feet.