Capital One Financial reiterated their overweight rating on shares of Retail Opportunity Investments (NASDAQ:ROIC) in a research report sent to investors on Monday morning. Capital One Financial also issued estimates for Retail Opportunity Investments’ Q4 2017 earnings at $0.29 EPS, Q1 2018 earnings at $0.29 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.30 EPS, Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $1.19 EPS and FY2019 earnings at $1.24 EPS.

Several other equities analysts have also commented on the company. Zacks Investment Research raised Retail Opportunity Investments from a sell rating to a hold rating in a report on Tuesday, October 31st. KeyCorp reiterated a neutral rating on shares of Retail Opportunity Investments in a research report on Tuesday, October 24th. Jefferies Group set a $20.00 price objective on Retail Opportunity Investments and gave the stock a hold rating in a research report on Tuesday, October 31st. BidaskClub downgraded Retail Opportunity Investments from a hold rating to a sell rating in a research report on Saturday, January 13th. Finally, Royal Bank of Canada reiterated a buy rating and set a $22.00 price objective on shares of Retail Opportunity Investments in a research report on Monday, October 30th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $22.00.

Retail Opportunity Investments (ROIC) opened at $17.28 on Monday. The company has a market capitalization of $1,852.25, a P/E ratio of 50.82, a PEG ratio of 2.06 and a beta of 0.58. Retail Opportunity Investments has a fifty-two week low of $16.21 and a fifty-two week high of $22.37. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.06.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Shelton Capital Management boosted its position in shares of Retail Opportunity Investments by 5.6% during the second quarter. Shelton Capital Management now owns 10,858 shares of the real estate investment trust’s stock worth $208,000 after buying an additional 579 shares during the period. New York State Common Retirement Fund boosted its position in shares of Retail Opportunity Investments by 2.1% during the second quarter. New York State Common Retirement Fund now owns 114,700 shares of the real estate investment trust’s stock worth $2,201,000 after buying an additional 2,399 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Retail Opportunity Investments by 6.1% during the fourth quarter. Louisiana State Employees Retirement System now owns 47,200 shares of the real estate investment trust’s stock worth $942,000 after buying an additional 2,700 shares during the period. TD Asset Management Inc. boosted its position in shares of Retail Opportunity Investments by 4.7% during the third quarter. TD Asset Management Inc. now owns 62,800 shares of the real estate investment trust’s stock worth $1,194,000 after buying an additional 2,800 shares during the period. Finally, California Public Employees Retirement System boosted its position in shares of Retail Opportunity Investments by 1.9% during the second quarter. California Public Employees Retirement System now owns 179,500 shares of the real estate investment trust’s stock worth $3,445,000 after buying an additional 3,400 shares during the period. Institutional investors and hedge funds own 97.90% of the company’s stock.

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Retail Opportunity Investments Company Profile

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.

Analyst Recommendations for Retail Opportunity Investments (NASDAQ:ROIC)

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