WINTON GROUP Ltd Purchases Shares of 151,516 Retail Opportunity Investments Corp. (NASDAQ:ROIC)

WINTON GROUP Ltd acquired a new position in shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) during the fourth quarter, Holdings Channel reports. The fund acquired 151,516 shares of the real estate investment trust’s stock, valued at approximately $2,630,000.

Several other large investors also recently made changes to their positions in ROIC. Versant Capital Management Inc boosted its holdings in Retail Opportunity Investments by 117.8% in the fourth quarter. Versant Capital Management Inc now owns 3,572 shares of the real estate investment trust’s stock worth $62,000 after acquiring an additional 1,932 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Retail Opportunity Investments by 188.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,270 shares of the real estate investment trust’s stock worth $92,000 after purchasing an additional 3,440 shares during the period. KBC Group NV lifted its holdings in shares of Retail Opportunity Investments by 51.7% in the 4th quarter. KBC Group NV now owns 6,026 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 2,053 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Retail Opportunity Investments by 78.1% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 7,122 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 3,124 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in Retail Opportunity Investments by 8.9% in the 4th quarter. GAMMA Investing LLC now owns 10,183 shares of the real estate investment trust’s stock valued at $177,000 after purchasing an additional 832 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 %

Shares of Retail Opportunity Investments stock opened at $17.51 on Friday. The company has a market capitalization of $2.26 billion, a P/E ratio of 38.07 and a beta of 1.45. The stock has a fifty day simple moving average of $17.49 and a 200 day simple moving average of $16.93. Retail Opportunity Investments Corp. has a 12-month low of $11.87 and a 12-month high of $17.52. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 1.04.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Retail Opportunity Investments in a report on Wednesday. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price 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.