Jane Street Group LLC Has $321,000 Stock Holdings in Retail Opportunity Investments Corp. (NASDAQ:ROIC)

Jane Street Group LLC lessened its position in shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) by 84.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 18,502 shares of the real estate investment trust’s stock after selling 101,748 shares during the quarter. Jane Street Group LLC’s holdings in Retail Opportunity Investments were worth $321,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Asset Management One Co. Ltd. increased its stake in Retail Opportunity Investments by 0.5% in the 4th quarter. Asset Management One Co. Ltd. now owns 184,913 shares of the real estate investment trust’s stock worth $3,208,000 after acquiring an additional 972 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of Retail Opportunity Investments during the 4th quarter valued at about $463,000. Barclays PLC boosted its position in shares of Retail Opportunity Investments by 316.7% during the third quarter. Barclays PLC now owns 211,816 shares of the real estate investment trust’s stock valued at $3,331,000 after purchasing an additional 160,981 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Retail Opportunity Investments by 188.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,270 shares of the real estate investment trust’s stock worth $92,000 after buying an additional 3,440 shares during the period. Finally, Van ECK Associates Corp boosted its position in shares of Retail Opportunity Investments by 10.2% in the 4th quarter. Van ECK Associates Corp now owns 23,477 shares of the real estate investment trust’s stock worth $408,000 after purchasing an additional 2,175 shares in the last quarter. Institutional investors and hedge funds own 97.16% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on Retail Opportunity Investments in a research report on Wednesday, May 21st. They issued a “hold” rating on the stock. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $16.20.

Retail Opportunity Investments Price Performance

ROIC stock opened at $17.51 on Tuesday. 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 company has a 50-day moving average price of $17.51 and a 200 day moving average price of $17.47. Retail Opportunity Investments Corp. has a 12 month low of $12.08 and a 12 month high of $17.52. The stock has a market cap of $2.26 billion, a PE ratio of 38.07 and a beta of 1.45.

About Retail Opportunity Investments

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.