Retail Value (NYSE:RVI) Research Coverage Started at Odeon Capital Group

Odeon Capital Group started coverage on shares of Retail Value (NYSE:RVI) in a research report released on Thursday, Briefing.com Automated Import reports. The firm issued a buy rating and a $20.00 price target on the stock.

Separately, ValuEngine upgraded Retail Value from a sell rating to a hold rating in a research report on Thursday, July 2nd.

NYSE RVI traded down $0.22 during mid-day trading on Thursday, reaching $12.66. The stock had a trading volume of 65,153 shares, compared to its average volume of 75,531. The stock has a market cap of $250.87 million, a PE ratio of 7.07 and a beta of 1.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.66 and a quick ratio of 4.66. The company has a fifty day moving average price of $12.44 and a 200 day moving average price of $18.56. Retail Value has a 1 year low of $8.32 and a 1 year high of $38.85.

Retail Value (NYSE:RVI) last posted its quarterly earnings data on Friday, May 1st. The company reported ($0.66) EPS for the quarter. Retail Value had a return on equity of 4.73% and a net margin of 14.79%. The company had revenue of $50.37 million during the quarter. As a group, equities research analysts expect that Retail Value will post -2.91 earnings per share for the current year.

In other Retail Value news, Director Scott D. Roulston acquired 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average price of $12.92 per share, for a total transaction of $38,760.00. Following the acquisition, the director now owns 12,517 shares in the company, valued at approximately $161,719.64. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RVI. BNP Paribas Arbitrage SA raised its position in shares of Retail Value by 39.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 5,252 shares of the company’s stock valued at $64,000 after buying an additional 1,484 shares during the period. Systematic Financial Management LP acquired a new position in shares of Retail Value in the first quarter worth $99,000. Nisa Investment Advisors LLC grew its stake in shares of Retail Value by 19.2% during the second quarter. Nisa Investment Advisors LLC now owns 8,566 shares of the company’s stock worth $106,000 after purchasing an additional 1,382 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Retail Value by 98.9% during the first quarter. SG Americas Securities LLC now owns 8,891 shares of the company’s stock worth $109,000 after purchasing an additional 4,421 shares in the last quarter. Finally, Cubist Systematic Strategies LLC grew its stake in shares of Retail Value by 20.9% during the fourth quarter. Cubist Systematic Strategies LLC now owns 9,542 shares of the company’s stock worth $351,000 after purchasing an additional 1,651 shares in the last quarter. Institutional investors and hedge funds own 74.53% of the company’s stock.

About Retail Value

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.

Read More: Fundamental Analysis – How It Helps Investors

Receive News & Ratings for Retail Value Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Retail Value and related companies with MarketBeat.com's FREE daily email newsletter.