Rite Aid Corp (RAD) Holder Salzhauer Michael Increased Stake
- Author: Zachary Reyes Jun 21, 2017,
Jun 21, 2017, 16:47
The institutional investor held 122,690 shares of the consumer services company at the end of 2016Q4, valued at $9.09M, up from 109,674 at the end of the previous reported quarter. The stock declined 2.23% or $0.07 reaching $3.29 on the news. 24,744,185 shares of the company traded hands.
Salzhauer Michael increased its stake in Rite Aid Corp (RAD) by 3612.45% based on its latest 2016Q4 regulatory filing with the SEC.
The stock grew about -30.12% in the past 5 years; this positive value indicates that the stock constantly performed well in the previous years as well. Blackrock Japan Limited accumulated 0.04% or 1.41 million shares. Aqr Mgmt Ltd Limited Liability Company owns 27,552 shares. Rite Aid Corporation has a one year low of $2.90 and a one year high of $8.77. It also reduced Dsw Inc (NYSE:DSW) stake by 1.43M shares and now owns 2.14M shares. Mufg Americas owns 2,400 shares for 0% of their portfolio. Rite Aid Corporation was covered by a number of analysts recently, 0 rated the stock as Buy, 3 rated Outperform, 3 rated Hold, 0 gave an Underperform and 0 rated sell. Therefore 36% are positive. Vodafone Group PLC (ADR) had 11 analyst reports since October 19, 2015 according to SRatingsIntel. Goldman Sachs downgraded the shares of RAD in report on Thursday, October 29 to "Neutral" rating. The company was initiated on Thursday, August 13 by Bank of America. Vetr has "Buy" rating and $10.14 target. As per Friday, November 13, the company rating was downgraded by JP Morgan. Evercore downgraded the shares of RAD in report on Wednesday, January 6 to "Hold" rating. The stock has "Neutral" rating by Guggenheim on Wednesday, April 26. On Friday, August 14 the stock rating was upgraded by Vetr to "Buy". The firm earned "Buy" rating on Thursday, August 6 by Vetr.
Rite Aid Corporation earned a media sentiment score of 0.06 on Accern's scale. After a recent check, Kate Spade & Co (NYSE:KATE) shares price moved up from its 50 days moving average with 1.13% and remote negatively from 200 days moving average with -0.30%. Zacks Investment Research cut Rite Aid Corporation from a "hold" rating to a "sell" rating in a research note on Wednesday, March 8th. 39 funds opened positions while 128 raised stakes.
Rite Aid Corporation (RAD) opened at 3.27 on Friday. Fny Managed Accounts Ltd holds 0% or 3,250 shares.
Following trading activity for Rite Aid Corporation (NYSE:RAD), we can see that the stock has moved onto today's list of most actives.
Equitec Proprietary Markets Llc decreased Rite Aid Corp (RAD) stake by 49.99% reported in 2016Q4 SEC filing. Schwab Charles Invest Incorporated holds 0.03% or 3.42 million shares. Sphinx Trading L P invested in 20,000 shares.
So the company beats the analysts estimate by $0.01/share showing a surprise of 100%. Congress Asset Management Ma has 407,454 shares. It also upped Humana Inc (Call) (NYSE:HUM) stake by 28,900 shares and now owns 29,400 shares. Mark Sheptoff Financial Planning Ltd Liability Corporation reported 313,955 shares. Credit Suisse Group restated an "outperform" rating and issued a $6.50 target price on shares of Rite Aid Corporation in a report on Monday, March 20th. Glg Ltd Limited Liability Company holds 58,734 shares.
More notable recent Rite Aid Corporation (NYSE:RAD) news were published by: Investorplace.com which released: "Should You Buy Rite Aid Corporation (RAD) Stock? More interesting news about Rite Aid Corporation (NYSE:RAD) were released by: Investorplace.com and their article: "Rite Aid Corporation (RAD) Stock Could Pop â€" Without a Merger" published on June 15, 2017 as well as Businesswire.com's news article titled: "Rite Aid Celebrates Grand Reopening of Harrisburg Market Street Store in ..." with publication date: June 20, 2017. American Express Company had 57 analyst reports since July 23, 2015 according to SRatingsIntel. On Thursday, June 1 the stock rating was downgraded by Standpoint Research to "Reduce". (NASDAQ:NFLX) rating on Tuesday, January 17. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock.
According to FactSet data, RAD stock has received different ratings from Financial Analysts. The firm has "Buy" rating given on Thursday, September 17 by Mizuho. The company was maintained on Thursday, October 22 by Argus Research.
Investors sentiment decreased to 1.08 in 2016 Q4. Its up 0.33, from 1.12 in 2016Q3. It worsened, as 73 investors sold AXP shares while 448 reduced holdings. However a year ago for the same quarter the company has reported $0.01 EPS. Total Debt/Equity is 1193.46 and the Book value per Share is 0.58. Guardian Cap Limited Partnership holds 0.01% or 9,898 shares.