Capital One Financial restated their overweight rating on shares of Retail Opportunity Investments (NASDAQ:ROIC) 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.

Several other equities analysts also recently weighed in on ROIC. BidaskClub downgraded Retail Opportunity Investments from a sell rating to a strong sell rating in a research report on Tuesday, January 30th. Citigroup decreased their target price on Retail Opportunity Investments from $20.50 to $20.00 and set a neutral rating on the stock in a research report on Monday, October 30th. Zacks Investment Research downgraded Retail Opportunity Investments from a hold rating to a sell rating in a research report on Wednesday, January 10th. Royal Bank of Canada restated a buy rating and issued a $22.00 target price on shares of Retail Opportunity Investments in a research report on Monday, October 30th. Finally, Jefferies Group set a $20.00 target price on Retail Opportunity Investments and gave the company a hold rating in a research report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. Retail Opportunity Investments presently has a consensus rating of Hold and an average price target of $22.00.

Retail Opportunity Investments (ROIC) opened at $17.13 on Monday. The stock has a market capitalization of $1,880.00, a P/E ratio of 55.26, a price-to-earnings-growth ratio of 2.04 and a beta of 0.58. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.06. Retail Opportunity Investments has a 1 year low of $16.21 and a 1 year high of $22.37.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ROIC. New York State Common Retirement Fund lifted 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 acquiring an additional 2,399 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Retail Opportunity Investments by 1.9% in 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 in the last quarter. Dimensional Fund Advisors LP lifted 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 worth $30,563,000 after buying an additional 76,698 shares in the last quarter. Macquarie Group Ltd. lifted 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 worth $651,000 after buying an additional 9,100 shares in the last quarter. Finally, Shelton Capital Management lifted its position in Retail Opportunity Investments by 5.6% during the second quarter. Shelton Capital Management now owns 10,858 shares of the real estate investment trust’s stock worth $208,000 after buying an additional 579 shares in the last quarter. 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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