Rite Aid Corporation (RAD): A Detailed Look at its Institutional Ownership

State of Wisconsin Investment Board now owns 1,858,975 shares of the company's stock worth $3,644,000 after buying an additional 1,138,648 shares in the last quarter. The institutional investor held 148,300 shares of the oil & gas production company at the end of 2017Q3, valued at $5.21 million, down from 161,800 at the end of the previous reported quarter. Opus Investment Management Inc who had been investing in Fifth Third Bancorp for a number of months, seems to be bullish on the $23.60 billion market cap company. The relative volume of the stock is 1. Another trade for 29,508 shares valued at $960,780 was made by Forrest Frank R. on Wednesday, February 14. DXP Enterprises, Inc. (NASDAQ:DXPE) has risen 200.39% since March 11, 2017 and is uptrending. It has underperformed by 29.77% the S&P500.

Joshua Friedman increased its stake in Rite Aid Corp (RAD) by 315.65% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 368,200 shares of the medical and nursing services company at the end of 2017Q3, valued at $722,000, down from 5.51M at the end of the previous reported quarter. Foundation Resource Management Inc who had been investing in Mosaic for a number of months, seems to be bullish on the $10.51 billion market cap company.

Rite Aid Corporation (NYSE:RAD) closed its last session at $1.76. It has underperformed by 71.88% the S&P500.

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

Several research firms have recently commented on RAD. Therefore 14% are positive. Evercore ISI began coverage on shares of Rite Aid in a report on Thursday, January 4th. The firm has "Buy" rating by Vetr given on Wednesday, August 19. Bank of America reinitiated the stock with "Underperform" rating in Friday, June 30 report.

Rite Aid Corporation (RAD) declined -2.22% yesterday to close its trading session at $1.76. Pentwater Capital Management Lp sold 1.04 million shares as the company's stock declined 41.75% while stock markets rallied. The company was maintained on Friday, March 2 by UBS. BMO Capital Markets maintained the shares of OKE in report on Monday, September 25 with "Buy" rating. The rating was downgraded by Deutsche Bank to "Hold" on Friday, April 8.

Investors sentiment decreased to 1.45 in 2017 Q3. Its down 0.10, from 0.97 in 2017Q2. It improved, as 57 investors sold RAD shares while 77 reduced holdings. 15 funds opened positions while 53 raised stakes. 264.73 million shares or 40.11% more from 188.94 million shares in 2017Q2 were reported. 11,000 are owned by Cap One Association. The stock has a consensus rating of "Hold" and an average price target of $2.75.

Rite Aid Corporation (RAD) performance during the last one year degraded -62.66 percent, while its year to date (YTD) performance showed a negative trend of -11.68 percent. Westchester Capital Mgmt Lc holds 0.02% or 368,200 shares. Michigan-based Comerica State Bank has invested 0% in Rite Aid Corporation (NYSE:RAD). Tiaa Cref Invest Management Limited Liability Company, a New York-based fund reported 2.60 million shares. Louisiana State Employees Retirement Systems has 0.01% invested in DXP Enterprises, Inc. Pnc Financial Grp has 130,223 shares. Price T Rowe Associates Md, Maryland-based fund reported 6,643 shares. Foster Motley Inc owns 12,323 shares. Blair William And Il holds 25,291 shares or 0% of its portfolio.

Alpine Partners Vi Llc, which manages about $345.78 million US Long portfolio, decreased its stake in Hrg Group Inc (NYSE:HRG) by 125,000 shares to 50,000 shares, valued at $781,000 in 2017Q3, according to the filing.

Westchester Capital Management Llc decreased its stake in Rite Aid Corp. Volume increases every time a buyer and seller transact their stock or futures contract. The company has volume of 39.78 Million shares.

However out of 8 analysts 0 suggest Rite Aid Corp (NYSE:RAD) a Strong Buy, 1 suggested Buy, 6 Hold and 1 Sell, while 0 analysts recommend the stock a Strong Sell. Therefore 47% are positive.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Vetr has "Buy" rating and $10.14 target. Piper Jaffray upgraded the shares of VFC in report on Wednesday, October 14 to "Overweight" rating. The firm has "Neutral" rating given on Thursday, October 29 by Goldman Sachs. Barclays Capital downgraded ONEOK, Inc. Piper Jaffray has "Buy" rating and $89.0 target. (NYSE:OKE) on Thursday, October 26 with "Hold" rating. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, November 5. On Monday, January 11 the stock rating was upgraded by Argus Research to "Buy". Bankshares Of Montreal Can holds 0% of its portfolio in The Mosaic Company (NYSE:MOS) for 116,973 shares. Finally, Staley Capital Advisers Inc. bought a new position in shares of Rite Aid in the 4th quarter worth about $197,000.

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