Thompson Siegel & Walmsley LLC increased its stake in Retail Opportunity Investments Corp. (NASDAQ:ROIC) by 3.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,351,274 shares of the real estate investment trust’s stock after acquiring an additional 73,601 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 2.14% of Retail Opportunity Investments Corp. worth $44,698,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ROIC. Riverhead Capital Management LLC lifted its stake in shares of Retail Opportunity Investments Corp. by 55.9% in the second quarter. Riverhead Capital Management LLC now owns 7,327 shares of the real estate investment trust’s stock worth $141,000 after acquiring an additional 2,627 shares during the period. Daiwa Securities Group Inc. lifted its stake in shares of Retail Opportunity Investments Corp. by 15.5% in the second quarter. Daiwa Securities Group Inc. now owns 9,700 shares of the real estate investment trust’s stock worth $186,000 after acquiring an additional 1,300 shares during the period. Shelton Capital Management lifted its stake in shares of Retail Opportunity Investments Corp. by 5.6% in the second quarter. Shelton Capital Management now owns 10,858 shares of the real estate investment trust’s stock worth $208,000 after acquiring an additional 579 shares during the period. SG Americas Securities LLC lifted its stake in shares of Retail Opportunity Investments Corp. by 77.6% in the second quarter. SG Americas Securities LLC now owns 10,965 shares of the real estate investment trust’s stock worth $210,000 after acquiring an additional 4,790 shares during the period. Finally, Flinton Capital Management LLC lifted its stake in shares of Retail Opportunity Investments Corp. by 56.4% in the second quarter. Flinton Capital Management LLC now owns 11,564 shares of the real estate investment trust’s stock worth $222,000 after acquiring an additional 4,172 shares during the period. 96.01% of the stock is currently owned by institutional investors.

A number of equities analysts recently commented on the company. Zacks Investment Research lowered Retail Opportunity Investments Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Citigroup Inc. cut their price objective on Retail Opportunity Investments Corp. from $20.50 to $20.00 and set a “neutral” rating on the stock in a research note on Monday, October 30th. KeyCorp reissued a “hold” rating on shares of Retail Opportunity Investments Corp. in a research note on Sunday, September 24th. Royal Bank Of Canada raised Retail Opportunity Investments Corp. from a “sector perform” rating to an “outperform” rating and set a $23.00 price target on the stock in a research note on Thursday, August 17th. Finally, FBR & Co set a $23.00 price target on Retail Opportunity Investments Corp. and gave the company a “hold” rating in a research note on Wednesday, October 11th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $22.00.

Shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) traded up $0.03 during trading hours on Tuesday, hitting $19.58. The stock had a trading volume of 1,004,000 shares, compared to its average volume of 900,605. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.64 and a quick ratio of 1.64. Retail Opportunity Investments Corp. has a one year low of $17.87 and a one year high of $22.37. The firm has a market capitalization of $2,145.23, a price-to-earnings ratio of 17.61, a price-to-earnings-growth ratio of 2.54 and a beta of 0.66.

Retail Opportunity Investments Corp. (NASDAQ:ROIC) last issued its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.21). Retail Opportunity Investments Corp. had a return on equity of 2.86% and a net margin of 14.13%. The firm had revenue of $67.97 million for the quarter, compared to analyst estimates of $68.34 million. During the same period in the previous year, the company earned $0.26 earnings per share. Retail Opportunity Investments Corp.’s revenue for the quarter was up 14.5% compared to the same quarter last year. research analysts anticipate that Retail Opportunity Investments Corp. will post 1.13 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Thursday, December 14th will be given a dividend of $0.188 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date is Wednesday, December 13th. Retail Opportunity Investments Corp.’s payout ratio is 220.59%.

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About Retail Opportunity Investments Corp.

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.

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Institutional Ownership by Quarter for Retail Opportunity Investments Corp. (NASDAQ:ROIC)

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