Where Rite Aid Corp (RAD) Stands on Analytical Review Chart?

Marco Green
September 13, 2017

Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Rite Aid Corporation's institutional ownership is 54.7%, while its institutional transactions stand at -10.64%. It closed at $2.39 lastly. It has underperformed by 71.88% the S&P500.

Equitec Proprietary Markets Llc decreased At&T Inc (NYSE:T) stake by 79,400 shares to 300 valued at $13,000 in 2016Q4. The insider Otto Alexander bought 500,000 shares worth $4.76 million. Over the last five days, shares have faced -1.24% losses and now is down -49.18% since hitting its 200-day moving average of $3.5. About 22,600 shares traded. (NYSE:PM) has risen 16.65% since September 13, 2016 and is uptrending. It has underperformed by 61.23% the S&P500. Kanaly Trust has invested 0% of its portfolio in DDR Corp (NYSE:DDR). Its down 0.03, from 0.91 in 2016Q3. The total value of its holdings increased 113.1%. 97 funds opened positions while 478 raised stakes. Forward Ltd Liability Co accumulated 1.55M shares.

Hope Bancorp, Inc. (HOPE) stock moved with shift of 1.98% in the past week. Moreover, Contrarius Management has 2.98% invested in ENSCO PLC (NYSE:ESV) for 4.09 million shares. Capital Ltd Limited Liability Com reported 5,354 shares or 0.03% of all its holdings. Manikay Ptnrs Limited Company invested in 10.76 million shares or 4.67% of the stock. Bb&T Corp holds 0.5% or 268,845 shares in its portfolio. Fincl Engines Advisors Ltd Company reported 4,325 shares. 305.69 million shares or 5.34% less from 322.94 million shares in 2016Q3 were reported. First Interstate Bankshares has invested 0.04% of its portfolio in Philip Morris International Inc. Westchester Capital Mngmt Ltd Liability Com holds 0.52% or 2.48M shares. (NYSE:PM) or 3,590 shares. North Star Investment Management holds 0% or 37 shares in its portfolio. (NYSE:PM). Rockland Company, a Massachusetts-based fund reported 9,582 shares.

In the most updated research from a number of analysts on Wall Street, the company gets 1 Buys and 1 Sell among 7 analysts. Therefore 17% are positive. On Thursday, August 31 the stock rating was maintained by Stifel Nicolaus with "Buy". The stock of DDR Corp (NYSE:DDR) has "Hold" rating given on Monday, January 4 by Deutsche Bank. RBC Capital Markets maintained DDR Corp (NYSE:DDR) on Friday, April 28 with "Hold" rating. As per Thursday, October 29, the company rating was downgraded by Credit Suisse. The firm earned "Neutral" rating on Thursday, July 20 by Mizuho. The Company dividend yield observed at 3.25%. The firm has "Buy" rating by Vetr given on Friday, August 14. Mizuho maintained it with "Buy" rating and $62.0 target in Friday, January 27 report. The firm has "Buy" rating given on Wednesday, August 19 by Vetr.

Page Arthur B increased its stake in Danaher Corp (DHR) by 45.69% based on its latest 2016Q4 regulatory filing with the SEC. State Street Corp lifted its position in shares of Rite Aid Corporation by 6.2% in the first quarter. It also reduced Akamai Technologies Inc (Prn) stake by 505,000 shares and now owns 7.15M shares. Iac Interactivecorp (NASDAQ:IACI) was reduced too.

Rite Aid Corporation (NYSE:RAD) shares were trading lower by -4.02 percent ($-0.1) at $2.39 a piece in Tuesday's session. Therefore 24% are positive. Rite Aid had 18 analyst reports since August 6, 2015 according to SRatingsIntel.

Loop Capital "Initiates Coverage On" Rite Aid Corp (NYSE:RAD) in a research note issued to investors on 9/12/17 to Hold with price target of $2.5. That's a potential 6.69 increase relative to where Rite Aid Corporation (NYSE:RAD) has been trading recently. The rating was downgraded by Goldman Sachs on Thursday, October 29 to "Neutral".

Gulfport Energy Corporation (NASDAQ:GPOR) has a market cap of $2.51 billion and over the last 12 months, GPOR has declined by -56.47%. The rating was downgraded by TD Securities on Thursday, December 3 to "Hold". Guggenheim downgraded the stock to "Neutral" rating in Wednesday, April 26 report.

According to analysts Rite Aid Corp (NYSE:RAD)'s minimum EPS for the current quarter is at $-0.02 and can go high up to $0.05.

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