Retail Opportunity InvestmentsROIC
ROIC
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
56% more call options, than puts
Call options by funds: $14K | Put options by funds: $9K
24% more capital invested
Capital invested by funds: $1.55B [Q2] → $1.92B (+$368M) [Q3]
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
1% more funds holding
Funds holding: 230 [Q2] → 232 (+2) [Q3]
2.55% less ownership
Funds ownership: 98.59% [Q2] → 96.04% (-2.55%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 94
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17.50
1%
upside
Avg. target
$17.50
1%
upside
High target
$17.50
1%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
BMO Capital Juan Sanabria 56% 1-year accuracy 5 / 9 met price target | 1%upside $17.50 | Market Perform Maintained | 8 Nov 2024 |
Baird Wesley Golladay 67% 1-year accuracy 6 / 9 met price target | 1%upside $17.50 | Neutral Downgraded | 7 Nov 2024 |
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
12 REITs Poised For Potential Outperformance
As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpass higher-yielding stocks over time, offering better yield on cost. Dividend growers often outperform the REIT average in total returns, driven by strong AFFO growth and superior gains in stock price.
Neutral
PRNewsWire
1 month ago
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Retail Opportunity Investments Corp.
NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Retail Opportunity Investments Corp. (NASDAQ: ROIC) and its board of directors concerning the proposed acquisition of the company by Blackstone (NYSE: BX). Stockholders will receive $17.50 for each share of Retail Opportunity Investments stock that they hold.
Positive
Seeking Alpha
1 month ago
Sector Spotlight: Shopping Center REITs
Blackstone's acquisition of Retail Opportunity Investments Corp. highlights increased M&A activity in the retail real estate sector, raising speculation on future deals. Retail REITs have shown strong returns in 2024, driven by robust leasing, occupancy, and impressive Same Store Net Operating Income growth. Retail REITs now trade at or near Net Asset Value, reflecting improved market sentiment and potential for continued share price appreciation.
Neutral
GlobeNewsWire
1 month ago
STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Retail Opportunity Investments Corp. – ROIC
NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Retail Opportunity Investments Corp. (Nasdaq: ROIC ), relating to its proposed merger with Blackstone. Under the terms of the agreement, Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction.
Neutral
Business Wire
1 month ago
RETAIL OPPORTUNITY INVESTMENTS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Retail Opportunity Investments Corp. - ROIC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Retail Opportunity Investments Corp. (NasdaqGS: ROIC) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Retail Opportunity will receive $17.50 in cash for each share of Retail Opportunity that they own. KSF is seeking to determine whether this consideration and the pro.
Neutral
GlobeNewsWire
1 month ago
ROIC Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Retail Opportunity Investments Corp. to Blackstone
MONSEY, New York, Nov. 06, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Retail Opportunity Investments Corp. (Nasdaq: ROIC) (“ROIC”) to Blackstone for $17.50 per share in cash. If you remain an ROIC shareholder and question the fairness of the price, you may contact our firm at the following link to discuss your legal rights at no charge: https://wohlfruchter.com/cases/roic/ Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.
Neutral
Business Wire
1 month ago
ROIC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Retail Opportunity Investments Corp. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Retail Opportunity Investments Corp. (NASDAQ: ROIC) to Blackstone for $17.50 per share is fair to Retail Opportunity shareholders. Halper Sadeh encourages Retail Opportunity shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation conce.
Positive
Reuters
1 month ago
Blackstone Real Estate to take Retail Opportunity private in $4 bln deal
Blackstone Real Estate on Wednesday entered into an agreement to take Retail Opportunity Investments Corp private in an all-cash transaction valued at about $4 billion, including debt.
Neutral
Business Wire
1 month ago
Shareholder Alert: Ademi LLP Investigates Whether Retail Opportunity Investments Corp. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating ROIC (NASDAQ: ROIC) for possible breaches of fiduciary duty and other violations of law in its transaction with Blackstone. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. Under the agreement, stockholders of ROIC will receive only $17.50 per share in an all-cash transaction valued at approximately $4 b.
Neutral
Business Wire
1 month ago
Blackstone Real Estate to Take Retail Opportunity Investments Private for $4 Billion
NEW YORK & SAN DIEGO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. (Nasdaq: ROIC) (“ROIC” or the “Company”) today announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share in an all-cash transaction valued at approximately $4 billion, including outstanding debt. ROIC's portfolio consists of 93 high-quality, grocery-anchored retail properties.
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