Rite Aid Corp (NYSE:RAD): Institutional Investors Are Worried


Skba Management Limited Liability Company holds 21,930 shares or 0.08% of its portfolio. A T & T Corp New now has $226.53B valuation. The stock exchanged hands 12.82 Million shares versus average trading capacity of 30.12 Million shares. About 12.82M shares traded. MRC Global Inc. (MRC) has risen 52.93% since December 11, 2016 and is uptrending. It has underperformed by 25.94% the S&P500.

S Muoio & Company increased Rite Aid Corp (RAD) stake by 370.85% reported in 2017Q2 SEC filing.

Rite Aid Corporation (NYSE:RAD) now has a Montier C-score of 3.00000. Moreover, Longfellow Investment Management Co Llc has 1.13% invested in the company for 1.34 million shares. Rite Aid presently has an average rating of "Hold" and a consensus target price of $3.25. For the current quarter Rite Aid Corp (NYSE:RAD) has high EPS estimates of $-0.01 in contradiction of low EPS estimates of $-0.02. About 3.82 million shares traded.

Research analysts at Deutsche Bank initiated coverage on shares of Rite Aid (NYSE:RAD) in a report released on Monday, December 4th, Marketbeat Ratings reports. It has underperformed by 71.88% the S&P500. Perella Weinberg Partners Capital Management LP holds 444,150 shares or 0.16% of its portfolio. It also reduced its holding in Broadcom Ltd by 1,764 shares in the quarter, leaving it with 9,977 shares, and cut its stake in Wiley John & Sons Inc (NYSE:JW.A). Pacholder High Yield Fd Inc (PHF) was raised too. These inputs included a growing difference between net income and cash flow from operations, increasing receivable days, growing day's sales of inventory, increasing other current assets, decrease in depreciation relative to gross property plant and equipment, and high total asset growth. Its up 0.19, from 0.78 in 2017Q1. It increased, as 85 investors sold RAD shares while 96 reduced holdings. 50 funds opened positions while 91 raised stakes. "(NYSE:RAD) Shares Bought by ING Groep NV" was first reported by Week Herald and is the property of of Week Herald. The Florida-based Harvey Capital Mgmt has invested 0.1% in Rite Aid Corporation (NYSE:RAD). In other words, EPS reveals how profitable a company is on a share owner basis. Jefferies Group Ltd Liability Corporation invested in 0.01% or 537,451 shares. 192,500 are owned by Utah Retirement. (NYSE:NKE). Tiedemann Wealth Mngmt Limited Liability Corp invested in 0.04% or 9,103 shares. Captrust Advisors holds 0% or 2,800 shares in its portfolio. Livforsakringsbolaget Skandia Omsesidigt accumulated 20,100 shares. Parametric Assoc Limited stated it has 4.40M shares or 0.32% of all its holdings.

News stories about Rite Aid (NYSE:RAD) have been trending somewhat positive recently, Accern Sentiment Analysis reports.

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Following the sale, the chief executive officer now owns 1,296,407 shares in the company, valued at approximately $54,397,237.72. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.87.

Rite Aid (NYSE:RAD) last announced its earnings results on Thursday, September 28th. Arrow Fincl reported 3.2% of its portfolio in Apple Inc. Clearbridge Invs Limited stated it has 18,800 shares. The company reported ($0.01) earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.01). During previous trade 15.11 Million shares of Rite Aid Corp (NYSE:RAD) exchanged hands whereas on average nearly 30.13 Million shares has been traded. Loop Capital reissued a "hold" rating and issued a $2.00 price objective (down previously from $2.50) on shares of Rite Aid in a report on Friday, September 29th.

In the past 52 weeks the company's stock price has moved within the range of $39.59 to $61.83. Analysts, on average, seem bullish as they suggest GMS is worth $2.45 more, giving a target price of $40 a share. Rite Aid had 23 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has "Buy" rating by Vetr on Friday, August 14. Mizuho maintained Rite Aid Corporation (NYSE:RAD) rating on Friday, October 6. The stock has "Neutral" rating by Goldman Sachs on Thursday, October 29. Cambridge Invest Advsr holds 0.01% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 164,597 shares. Mizuho has "Neutral" rating and $2.25 target. The company was maintained on Friday, September 29 by Loop Capital. The rating was maintained by Mizuho with "Buy" on Wednesday, February 1. As per Thursday, August 6, the company rating was downgraded by Vetr.

Among 51 analysts covering Apple Inc.

The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock. Therefore 34% are positive. The firm earned "Buy" rating on Monday, June 26 by Cantor Fitzgerald. The firm has "Buy" rating by Cantor Fitzgerald given on Thursday, January 26. Oppenheimer downgraded the shares of T in report on Tuesday, November 8 to "Perform" rating. The rating was downgraded by Buckingham Research on Friday, June 24 to "Neutral". (NYSE:T) has "Outperform" rating given on Monday, December 12 by Robert W. Baird.

The firm has noticeable volatility credentials; price volatility of stock was 6.30% for a week and 7.75% for a month.