Rite Aid (RAD) Upgraded at Zacks Investment Research

Rite Aid (RAD) Upgraded at Zacks Investment Research

The stock traded within a range of $1.86 and $2.02. The company trades on average around 2982000 shares per market session. Dominion Energy, Inc. (NYSE:D) has risen 10.88% since December 4, 2016 and is uptrending. It has underperformed by 25.78% the S&P500.

Salzhauer Michael increased Rite Aid Corp (RAD) stake by 4936.23% reported in 2017Q2 SEC filing. The company has market cap of $5.55 billion. The stock has been active on the tape, now trading at $1.88, down from yesterday's close by -2.08%. The shares price has positioned -22.31% down over the past quarter while it has directed -44.87% toward a falling position throughout past six months. Rite Aid Corporation (NYSE:RAD) has declined 55.18% since December 5, 2016 and is downtrending. It has underperformed by 71.88% the S&P500.

Finally, Zacks Investment Research raised Rite Aid Corporation from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 29th. Therefore 74% are positive. Evercore reinitiated the stock with "Underperform" rating in Friday, June 30 report. The firm earned "Buy" rating on Monday, July 11 by Stifel Nicolaus. The firm earned "Buy" rating on Friday, July 28 by Cowen & Co.

Hsbc Hldg Public Ltd reported 0% stake. (NYSE:D) on Tuesday, November 17 with "Sector Outperform" rating. Goldman Sachs downgraded the stock to "Neutral" rating in Thursday, October 29 report. The Mason Capital Management Llc holds 4.89 million shares with $14.43M value, down from 7.18M last quarter. The firm has "Underperform" rating given on Friday, June 30 by Evercore. The stock of Dominion Energy, Inc. Mizuho cut Rite Aid from a "buy" rating to a "neutral" rating and set a $2.95 price target for the a research note on Thursday, July 20th. Loop Capital Markets initiated the stock with "Hold" rating in Monday, September 11 report. 91 were reported by Massmutual Com Fsb Adv. More interesting news about Dominion Energy, Inc. Microchip Technology Inc (NASDAQ:MCHP) was reduced too.

Analysts await Dominion Energy, Inc. This showed a surprise of 0% in the last quarter earnings. The Eii Capital Management Inc holds 141,300 shares with $5.53 million value, up from 132,575 last quarter. It also upped Wgl Hldgs Inc Com (NYSE:WGL) stake by 6,700 shares and now owns 40,500 shares.

Investors sentiment increased to 1.15 in 2017 Q2. Captrust Financial invested in 0% or 2,800 shares. 74 funds opened positions while 313 raised stakes. Wright Investors Service, a Connecticut-based fund reported 6,020 shares. 4,231 are held by First Interstate Bank. Rothschild Asset Management holds 8,815 shares.

In the transaction dated April 15, 2015, the great number of shares disposed came courtesy the Director; Anderson Joseph B Jr disposed a total of 150,000 shares at an average price of $8.25, amounting to approximately $1,237,500. (NYSE:EOG). Gateway Invest Advisers Limited Liability has 0.03% invested in EOG Resources, Inc. Fj Mngmt Ltd Co owns 25,600 shares or 0.04% of their United States portfolio. Stratos Wealth Ltd accumulated 183,911 shares. (NYSE:D). Argent owns 10,632 shares or 0.23% of their U.S. portfolio. (NYSE:D). Mogy Joel R Counsel Inc has invested 0.05% in Dominion Energy, Inc. Neuberger Berman Grp Incorporated Ltd Liability Corp accumulated 18,370 shares or 0% of the stock. Riverhead Capital Mgmt Limited Co has 0.02% invested in National Retail Properties, Inc.

Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. Its up 0.06, from 0.97 in 2017Q1.

Rite Aid Corporation (NYSE:RAD) reported its EPS in the last quarter as $-0.01/Share lagging the analyst estimate of $-0.01/Share by a difference of $0. On a different note, the stock is 4.69% above its 50-day moving average, providing a measure of support for short positions. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.01). Hightower Llc invested in 480,315 shares or 0.01% of the stock.

Rite Aid Corporation (NYSE:RAD) gross margin percentage stands at 23.4% while its operating margin for the past trailing twelve month is 1.9 percent and its overall profit margin (ttm) is 0.3 Percent.

Rite Aid (NYSE:RAD) last posted its quarterly earnings data on Thursday, September 28th. Reilly Finance Advsr Ltd Limited Liability Company has invested 0% in Rite Aid Corporation (NYSE:RAD). State Of Tennessee Treasury Department reported 0.04% stake.

EVP, Montini Tony, sold 353,194 common shares of Rite Aid Corporation (RAD) in the open market. Credit Cap Investments Ltd reported 100,000 shares. Royal Bank Of Canada started coverage on Rite Aid Corporation in a research report on Tuesday, September 19th. Parkwood Ltd Llc invested in 0.01% or 22,931 shares. Eii Capital Management Inc acquired 8,725 shares as National Retail Pptys Inc Com (NNN)'s stock declined 15.61%. That puts total institutional holdings at 544,196,591 shares, according to SEC filings. Guggenheim Limited Liability Company stated it has 45,930 shares or 0% of all its holdings.