Deutsche Bank AG Has $11.95 Million Stock Position in Retail Opportunity Investments Corp. (NASDAQ:ROIC)

Deutsche Bank AG raised its holdings in Retail Opportunity Investments Corp. (NASDAQ:ROIC) by 453.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 688,570 shares of the real estate investment trust’s stock after acquiring an additional 564,115 shares during the quarter. Deutsche Bank AG owned approximately 0.53% of Retail Opportunity Investments worth $11,954,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Captrust Financial Advisors increased its position in Retail Opportunity Investments by 4.8% in the 4th quarter. Captrust Financial Advisors now owns 13,640 shares of the real estate investment trust’s stock valued at $237,000 after acquiring an additional 622 shares during the period. Natixis Advisors LLC increased its position in Retail Opportunity Investments by 2.5% in the 4th quarter. Natixis Advisors LLC now owns 26,197 shares of the real estate investment trust’s stock valued at $455,000 after acquiring an additional 648 shares during the period. Summit Investment Advisors Inc. increased its position in Retail Opportunity Investments by 5.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 12,967 shares of the real estate investment trust’s stock valued at $225,000 after acquiring an additional 728 shares during the period. Mariner LLC increased its position in Retail Opportunity Investments by 7.2% in the 4th quarter. Mariner LLC now owns 11,778 shares of the real estate investment trust’s stock valued at $204,000 after acquiring an additional 795 shares during the period. Finally, Bank of Montreal Can increased its position in Retail Opportunity Investments by 6.5% in the 4th quarter. Bank of Montreal Can now owns 14,426 shares of the real estate investment trust’s stock valued at $250,000 after acquiring an additional 884 shares during the period. 97.16% of the stock is currently owned by institutional investors and hedge funds.

Retail Opportunity Investments Trading Up 0.1%

NASDAQ:ROIC opened at $17.51 on Friday. The firm’s fifty day moving average is $17.51 and its 200-day moving average is $17.39. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.92 and a current ratio of 1.92. Retail Opportunity Investments Corp. has a 52 week low of $11.87 and a 52 week high of $17.52. The firm has a market cap of $2.26 billion, a P/E ratio of 38.07 and a beta of 1.45.

Analyst Upgrades and Downgrades

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

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.