Wall Street Zen Begins Coverage on Retail Opportunity Investments (NASDAQ:ROIC)

Posted by Defense World Staff on May 23rd, 2025

Wall Street Zen assumed coverage on shares of Retail Opportunity Investments (NASDAQ:ROIC – Get Free Report) in a report issued on Wednesday. The firm set a “hold” rating on the real estate investment trust’s stock.

Retail Opportunity Investments Trading Up 0.1%

Shares of Retail Opportunity Investments stock opened at $17.51 on Wednesday. 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 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 P/E ratio of 38.07 and a beta of 1.45. The business has a 50 day moving average price of $17.51 and a 200 day moving average price of $17.45.

Institutional Trading of Retail Opportunity Investments

Several institutional investors have recently made changes to their positions in ROIC. Nexpoint Asset Management L.P. purchased a new stake in shares of Retail Opportunity Investments during the 4th quarter valued at $50,490,000. Picton Mahoney Asset Management purchased a new stake in shares of Retail Opportunity Investments during the 4th quarter valued at $27,343,000. Alpine Associates Management Inc. purchased a new stake in Retail Opportunity Investments during the 4th quarter worth $23,436,000. Water Island Capital LLC purchased a new stake in Retail Opportunity Investments during the 4th quarter worth $22,767,000. Finally, JPMorgan Chase & Co. boosted its position in Retail Opportunity Investments by 58.7% during the 4th quarter. JPMorgan Chase & Co. now owns 3,235,094 shares of the real estate investment trust’s stock worth $56,161,000 after purchasing an additional 1,196,057 shares during the period. 97.16% of the stock is owned by hedge funds and other institutional investors.

Retail Opportunity Investments Company Profile

(Get Free Report)

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.