Insider Activity of Rite Aid Corporation (NYSE:RAD)

In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Royal Bank of Canada set a $2.00 price target on shares of Rite Aid and gave the stock a "hold" rating in a research report on Wednesday, October 25th. Fort Pitt Capital Group LLC now owns 49,210 shares of the company's stock valued at $145,000 after acquiring an additional 13,500 shares during the period. The stock decreased 3.85% or $0.08 during the last trading session, reaching $2. As for the shares, it has gone below the 20 days moving average and is now hovering within a distance of -5.69%. United States Steel Corporation (NYSE:X) has risen 45.54% since February 6, 2017 and is uptrending. It has outperformed by 3.10% the S&P500.

Salzhauer Michael increased Rite Aid Corp (RAD) stake by 5349.56% reported in 2017Q3 SEC filing.

The company during the last trade was able to reach a volume of 4.51 million shares. The total number of shares traded in the last 12 months is 5.7 million.

Indicating how profitable this stock is relative to its assets, the ROA value is observed at 29.00%. About 21.03M shares traded.

Rite Aid Corp (NYSE:RAD) has an ABR of 3 which is the combined stock view of 8 analysts poll results. It has underperformed by 71.88% the S&P500. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Therefore 39% are positive. Raymond James Advisors reported 0% stake. The firm earned "Sell" rating on Wednesday, August 9 by Pivotal Research. This volatility measure use for multipurpose in judging the underlying price momentum as well as the rate of change in RAD's price. The stock of HealthEquity, Inc. Robert W. Baird maintained HealthEquity, Inc. The firm has "Hold" rating given on Monday, September 11 by Loop Capital Markets. The firm earned "Underweight" rating on Friday, August 19 by KeyBanc Capital Markets.

Cetera Advisor Networks LLC lifted its stake in Rite Aid by 1,674.0% in the fourth quarter. Its up 0.09, from 1.01 in 2017Q2. Sentry Invests stated it has 42,900 shares. 92 funds opened positions while 249 raised stakes. National Pension Service invested 0.15% of its portfolio in Cummins Inc. With an institutional ownership near 46.75%, it carries an earnings per share ratio of -0.86.

Support is likely to come between $1.96 a share to $1.93 a share level. Parallax Volatility Advisers LP has 52,979 shares for 0.01% of their portfolio. Nadler Fin Gp Incorporated owns 11,000 shares. (NYSE:CMI). 22,900 are owned by Nikko Asset Americas. Penobscot Invest Mgmt owns 3,085 shares for 0.16% of their portfolio. Bank Of America De invested 0% in S&W Seed Company (NASDAQ:SANW). D E Shaw & Company has invested 0% of its portfolio in Rite Aid Corporation (NYSE:RAD). 1 analysts recommended Overweight these shares while 1 recommended Underweight, according to FactSet data. Comerica Fincl Bank holds 0% or 51,965 shares.

Investors sentiment decreased to 0.73 in 2017 Q3. It fall, as 5 investors sold S&W Seed Company shares while 10 reduced holdings. 513.41 million shares or 4.79% less from 539.25 million shares in 2017Q2 were reported. Earnings per share serves as an indicator of a company's profitability. 67,694 were accumulated by Prudential Financial Inc. Creative Planning owned about 0.12% of Rite Aid worth $2,613,000 as of its most recent SEC filing. Its down 7.53% from 179.56 million shares previously. Hudock Cap Group Limited Liability Company invested 0% in Rite Aid Corporation (NYSE:RAD). Punch And Assocs Inv Management Incorporated owns 37,794 shares or 0.74% of their USA portfolio. Rite Aid Corp (NYSE:RAD)'s price sits -2.16% off from its SMA 50 of $2.13 and -18.62% away from the SMA 200 which is at $2.06. Deutsche Bank assumed coverage on shares of Rite Aid in a report on Monday, December 4th.

Since October 3, 2017, it had 0 buys, and 1 insider sale for $58,915 activity.

Active investors might be watching some signal indicators on shares of Rite Aid Corp (RAD). Therefore 14% are positive. Evercore ISI assumed coverage on shares of Rite Aid in a research report on Thursday, January 4th. Mizuho downgraded the stock to "Neutral" rating in Thursday, July 20 report. Vetr upgraded Rite Aid Corporation (NYSE:RAD) rating on Friday, August 14. The rating was downgraded by Goldman Sachs to "Neutral" on Thursday, October 29. On Wednesday, April 26 the stock rating was downgraded by Guggenheim to "Neutral". RBC Capital Markets has "Hold" rating and $2.0 target. RAD maintained activity of relative volume at 0.56. Loop Capital has "Hold" rating and $2 target.

Related:

Comments


Other news