Retail Opportunity Investments Corp. (NASDAQ:ROIC) Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) by 11.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 84,057 shares of the real estate investment trust’s stock after acquiring an additional 8,308 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.07% of Retail Opportunity Investments worth $1,461,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Natixis Advisors LLC increased its position in Retail Opportunity Investments by 2.5% during the 4th quarter. Natixis Advisors LLC now owns 26,197 shares of the real estate investment trust’s stock worth $455,000 after purchasing an additional 648 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Retail Opportunity Investments by 8.9% in the fourth quarter. GAMMA Investing LLC now owns 10,183 shares of the real estate investment trust’s stock worth $177,000 after acquiring an additional 832 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Retail Opportunity Investments by 0.5% in the 4th quarter. Asset Management One Co. Ltd. now owns 184,913 shares of the real estate investment trust’s stock valued at $3,208,000 after acquiring an additional 972 shares during the period. Illinois Municipal Retirement Fund lifted its holdings in shares of Retail Opportunity Investments by 1.5% during the 4th quarter. Illinois Municipal Retirement Fund now owns 67,602 shares of the real estate investment trust’s stock valued at $1,174,000 after acquiring an additional 1,002 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in Retail Opportunity Investments by 0.8% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 183,780 shares of the real estate investment trust’s stock worth $2,891,000 after purchasing an additional 1,400 shares during the period. 97.16% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Retail Opportunity Investments in a research note on Wednesday, March 26th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $16.20.

Retail Opportunity Investments Trading Up 0.1 %

NASDAQ:ROIC opened at $17.51 on Wednesday. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 38.07 and a beta of 1.45. Retail Opportunity Investments Corp. has a one year low of $11.87 and a one year high of $17.52. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.92 and a current ratio of 1.92. The business’s 50-day simple moving average is $17.49 and its 200 day simple moving average is $16.99.

Retail Opportunity Investments Company Profile

Retail Opportunity Investments Corp. (Nasdaq: ROIC), is a fully integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely populated, metropolitan markets across the West Coast. As of December 31, 2023, ROIC owned 94 shopping centers encompassing approximately 10.6 million square feet.