LLC Maintains Position in Rite Aid Corporation (RAD)

LLC Maintains Position in Rite Aid Corporation (RAD)

It has underperformed by 16.70% the S&P500. The Firm operates under The Rite Aid name. However the company reported $0.03 earnings per share for the same quarter during past year. Cowen and Company reaffirmed an "outperform" rating and set a $4.70 price target on shares of Rite Aid Corporation in a research note on Monday, July 3rd. Below is a list of Rite Aid Corporation (NYSE:RAD) latest ratings and price target changes. The analysts estimated sales for the higher end at 7908.7 million and lower end at 7841.48 million while the year ago reported sale was 8733 million. Rite Aid Corporation has a one year low of $2.21 and a one year high of $8.77. It has underperformed by 58.40% the S&P500.

Rite Aid Corporation (NYSE:RAD) last announced its earnings results on Thursday, June 29th.

Wall Street analysts are predicting that Rite Aid Corp (NYSE:RAD) will report earnings per share of $-0.01 in their quarterly report. Therefore 26% are positive. Checkpoint Systems had 3 analyst reports since August 5, 2015 according to SRatingsIntel. Nordea Investment Management AB now owns 29,061 shares of the company's stock worth $124,000 after buying an additional 5,706 shares during the period. Finally, Zacks Investment Research lowered Rite Aid Corporation from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 4th. They issued an "underperform" rating and a $2.50 price objective for the company. The rating was upgraded by Vetr to "Buy" on Friday, August 14. The stock of Rite Aid Corporation (NYSE:RAD) earned "Neutral" rating by Goldman Sachs on Thursday, October 29. Vetr has "Buy" rating and $10.14 target. Nielsen Holdings NV had 28 analyst reports since July 30, 2015 according to SRatingsIntel. On Friday, November 13 the stock rating was downgraded by JP Morgan to "Neutral".

Investors sentiment decreased to 0.92 in 2016 Q4. Its up 0.10, from 1.03 in 2016Q3. 166 funds opened positions while 593 raised stakes. Its share price has decline -42.82% in three months and is down -2.08% for the last five trades. 250 were reported by Hartford Mgmt. Utah Retirement reported 187,600 shares. Mirador Capital Prtn Lp accumulated 2,915 shares. Harvey Management Inc holds 0.31% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 80,000 shares. Alpine Ptnrs Vi Llc invested in 2.52% or 652,999 shares. Rite Aid Corporation also saw some unusual options trading activity on early Wednesday. The New York-based Cornerstone Cap Mgmt Holding Ltd Liability Corporation has invested 0% in Rite Aid Corporation (NYSE:RAD). Massachusetts-based Boston Ptnrs has invested 0% in Rite Aid Corporation (NYSE:RAD). Planning owns 55,168 shares. Capstone Asset Communications has invested 0.01% in Rite Aid Corporation (NYSE:RAD).

ILLEGAL ACTIVITY NOTICE: "Private Bank & Trust Co". About 1.12M shares traded. Bb&T Corp has invested 0.26% in Walt Disney Co (NYSE:DIS).

Alpine Associates Management Inc increased Rite Aid Corp (RAD) stake by 13.21% reported in 2016Q4 SEC filing. Finally, Hefty Wealth Partners raised its stake in Rite Aid Corporation by 1.6% in the first quarter.

This recommendation lands on a scale between 1 and 5. Therefore 50% are positive. Investors who are keeping close eye on the stock of Gilead Sciences, Inc. (NASDAQ:GILD) has "Buy" rating given on Tuesday, October 25 by Jefferies.

Why is market capitalization important? To learn more about this topic, check out my article How to Think About Share Price, which walks you through the math, explaining how a $300 stock might be cheaper than a $10 stock. The stock has "Hold" rating by Deutsche Bank on Friday, April 8. The company moved in the past week with shift of -4.04%. On Thursday, September 17 the stock rating was maintained by Mizuho with "Buy".

In recent trading day Advanced Micro Devices, Inc. Gentex Corporation (GNTX) has risen 19.63% since August 10, 2016 and is uptrending. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time.

Salzhauer Michael decreased Bank Amer Corp (Call) (NYSE:BAC) stake by 38,400 shares to 213,400 valued at $2.16M in 2016Q4. American International Group Inc.'s holdings in Rite Aid Corporation were worth $100,000 at the end of the most recent quarter. Shares for $1.41 million were sold by WILSON GAYLE E on Thursday, February 23.

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