While 20-Day Moving Average VS Current Price shows "Buy" Signal. Rite Aid had 22 analyst reports since August 6, 2015 according to SRatingsIntel. Public Employees Retirement Of Ohio has invested 0.01% in Rite Aid Corporation (NYSE:RAD). Goldman Sachs downgraded the shares of RAD in report on Thursday, October 29 to "Neutral" rating. Vetr upgraded Rite Aid Corporation (NYSE:RAD) rating on Friday, August 14. The rating was maintained by SunTrust with "Buy" on Wednesday, October 18. On Wednesday, October 25 the stock rating was maintained by RBC Capital Markets with "Hold".
Rite Aid Corporation (RAD) has an Analysts' Mean Recommendation of 2.9. IGC's SI was 539,500 shares in December as released by FINRA. The stock decreased 1.09% or $0.69 during the last trading session, reaching $62.65. Insider ownership during the latest quarter increased by a net of 1.02 million shares, indicating that RAD's key executives are feeling more bullish about the stock than they did three months ago. Schwab Charles Invest Management holds 2.90 million shares. Leidos Holdings, Inc. (NYSE:LDOS) has risen 45.87% since December 6, 2016 and is uptrending.
Among 11 analysts covering MGIC Investment Corp. Therefore 28% are positive. Vetr downgraded the stock to "Buy" rating in Thursday, August 6 report. Bank of America initiated it with "Buy" rating and $11 target in Thursday, August 13 report. Rite Aid now has a consensus rating of "Hold" and an average target price of $3.25. The stock fell -48.39 percent over the past six months. As per Thursday, November 19, the company rating was upgraded by Monness Crespi & Hardt.
Investors sentiment increased to 1.01 in 2017 Q2. Its down 0.46, from 1.24 in 2017Q1. 50 funds opened positions while 91 raised stakes. Westchester Capital Management Ltd Liability Com accumulated 5.51 million shares or 0.49% of the stock. It turned negative, as 85 investors sold RAD shares while 96 reduced holdings. Great West Life Assurance Can owns 199,015 shares. Jane Street Group Limited Liability Corporation holds 0% or 428,633 shares in its portfolio. It represents the number of a stock's shares that are being shorted by investors. The average investment rating for RAD on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 3.29 or a Hold. Manufacturers Life The holds 0% or 32,870 shares in its portfolio. Walleye Trading Ltd invested 0.01% in Rite Aid Corporation (NYSE:RAD).
MSCI's broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS dropped 0.9 percent. Norges Bank acquired a new position in Rite Aid during the fourth quarter worth about $61,061,000. (FCX) worth $1.23 billion at the end of the most recent reporting period.
Currently Rite Aid Corp (NYSE:RAD)'s shares owned by insiders are 1%, whereas shares owned by institutional owners are 52.2%.
The company reported its last earnings Actual EPS of $-0.01/share.
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The Company operates under The Rite Aid name. The Company's segments include Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs; and a range of other merchandise, such as over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products. The Quinn Opportunity Partners Llc holds 1.68M shares with $4.97 million value, down from 1.90 million last quarter. Rite Aid Corporation (RAD) average trading volume of 30,157,609 during the past month is 8.78% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. It has underperformed by 71.88% the S&P500. Its up 0.02, from 1.22 in 2017Q1. Rite Aid Corporation (NYSE:RAD) has been trading in a bearish manner, based on the relative positions of the stock's 20 and 200 day moving averages. The firm earned "Buy" rating on Wednesday, July 5 by BMO Capital Markets. This company shares are 21.79% off its target price of $2.18 and the current market capitalization stands at $2.05B. Mufg Americas Holdings invested in 0% or 2,400 shares. Rothschild Asset Management holds 8,815 shares. Finally, Deutsche Bank initiated coverage on shares of Rite Aid in a research note on Monday. This presents short term, intermediate and long term technical levels of Rite Aid Corporation (RAD) stock. Ledyard Bancorporation stated it has 400 shares.
Yakira Capital Management Inc decreased Rite Aid Corp (RAD) stake by 60.41% reported in 2017Q2 SEC filing. Leading up to this report, we have seen a -0.47% fall in the stock price over the last 30 days and a 4.43% increase over the past 3 months.
Looking about the past performance history, the company jumped -17.13% for the last five trades and expanded 13.29% in one month period. Credit Suisse Ag reported 3.27 million shares or 0.01% of all its holdings.