Retail Opportunity InvestmentsROIC
Market Cap: $2.03B
About: Retail Opportunity Investments Corp is a self-managed real estate investment trust. 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. The Company's primary business is the ownership, management, and redevelopment of retail real estate properties.
Employees: 71
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
12% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 83
2% more funds holding
Funds holding: 225 [Q1] → 230 (+5) [Q2]
3.23% less ownership
Funds ownership: 100.49% [Q1] → 97.26% (-3.23%) [Q2]
6% less capital invested
Capital invested by funds: $1.63B [Q1] → $1.53B (-$103M) [Q2]
13% less call options, than puts
Call options by funds: $41K | Put options by funds: $47K
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Wells Fargo Dori Kesten 68% 1-year accuracy 19 / 28 met price target | 0%upside $16 | Equal-Weight Maintained | 28 Aug 2024 |
Raymond James RJ Milligan 86% 1-year accuracy 19 / 22 met price target | 0%upside $16 | Outperform Maintained | 16 Aug 2024 |