Laurel Wealth Advisors Inc. grew its stake in Retail Value Inc (NYSE:RVI) by 17.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,306 shares of the company’s stock after acquiring an additional 2,859 shares during the period. Laurel Wealth Advisors Inc. owned 0.10% of Retail Value worth $602,000 at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of the business. Marshall Wace North America L.P. purchased a new stake in shares of Retail Value in the 1st quarter worth approximately $82,000. Van ECK Associates Corp lifted its position in Retail Value by 14.2% during the fourth quarter. Van ECK Associates Corp now owns 3,711 shares of the company’s stock valued at $95,000 after acquiring an additional 461 shares during the last quarter. Kirr Marbach & Co. LLC IN purchased a new stake in Retail Value during the first quarter valued at approximately $212,000. Forsta AP Fonden lifted its position in Retail Value by 125.0% during the first quarter. Forsta AP Fonden now owns 7,357 shares of the company’s stock valued at $229,000 after acquiring an additional 4,087 shares during the last quarter. Finally, Great West Life Assurance Co. Can lifted its position in Retail Value by 30.7% during the fourth quarter. Great West Life Assurance Co. Can now owns 12,215 shares of the company’s stock valued at $290,000 after acquiring an additional 2,869 shares during the last quarter. Institutional investors and hedge funds own 65.66% of the company’s stock.
Shares of NYSE:RVI traded up $1.06 during midday trading on Wednesday, hitting $36.17. The company’s stock had a trading volume of 207,600 shares, compared to its average volume of 95,421. Retail Value Inc has a 12-month low of $24.50 and a 12-month high of $37.36. The business’s 50 day moving average is $33.94. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 1.28.
Retail Value Profile
RVI is an independent publicly traded company trading under the ticker symbol RVI on the New York Stock Exchange. RVI holds assets in the continental U.S. and Puerto Rico and is managed by one or more subsidiaries of SITE Centers Corp. RVI focuses on realizing value in its business through operations and sales of its assets.
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