Bank of Montreal Can Has $250,000 Stock Position in Retail Opportunity Investments Corp. (NASDAQ:ROIC)

Bank of Montreal Can raised its holdings in shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,426 shares of the real estate investment trust’s stock after buying an additional 884 shares during the quarter. Bank of Montreal Can’s holdings in Retail Opportunity Investments were worth $250,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Versant Capital Management Inc raised its stake in Retail Opportunity Investments by 117.8% during the 4th quarter. Versant Capital Management Inc now owns 3,572 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 1,932 shares during 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 valued at $92,000 after buying an additional 3,440 shares during the last quarter. KBC Group NV lifted its stake in shares of Retail Opportunity Investments by 51.7% in the fourth quarter. KBC Group NV now owns 6,026 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 2,053 shares during the period. GAMMA Investing LLC grew its position in Retail Opportunity Investments by 8.9% during the fourth quarter. GAMMA Investing LLC now owns 10,183 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 832 shares in the last quarter. Finally, Cibc World Markets Corp bought a new position in Retail Opportunity Investments during the fourth quarter valued at about $201,000. 97.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Retail Opportunity Investments in a report on Saturday, April 19th. They set a “hold” rating on the stock. One analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to data from MarketBeat.com, Retail Opportunity Investments has a consensus rating of “Hold” and a consensus price target of $16.20.

Retail Opportunity Investments Trading Up 0.1 %

ROIC stock opened at $17.51 on Friday. Retail Opportunity Investments Corp. has a 1-year low of $11.87 and a 1-year 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. The business’s 50 day moving average is $17.51 and its 200-day moving average is $17.21. The firm has a market cap of $2.26 billion, a P/E ratio of 38.07 and a beta of 1.45.

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.