It fall, as 67 investors sold Rite Aid Corporation shares while 114 reduced holdings. 39 funds opened positions while 128 raised stakes. National Bank & Trust Of Montreal Can holds 0% or 144,544 shares in its portfolio. Highfields Capital Mngmt L P reported 15.00 million shares. Gamco Investors Et Al stated it has 1.19M shares. Howard Hughes Institute accumulated 89,402 shares or 0.17% of the stock. 21,460,032 shares of the company were exchanged. Mgmt Professionals owns 1,000 shares or 0% of their U.S. portfolio. Geode Cap Mngmt Limited Liability invested 0.03% of its portfolio in Rite Aid Corporation (NYSE:RAD). 37,738 are owned by Bb&T Securities Limited Co. British Columbia Invest Management Corporation has invested 0.03% of its portfolio in Rite Aid Corporation (NYSE:RAD). World Asset Mgmt reported 36,792 shares or 0.01% of all its holdings. Bnp Paribas Investment Partners Sa invested in 40,369 shares.
On the other hand the company has Relative Strength Index (RSI 14) of 31.94 along with Average True Range (ATR 14) of 0.24, Consequently Rite Aid Corp (NYSE:RAD)'s weekly and monthly volatility is 11.04%, 7.33% respectively. Cowen and Company reissued an "outperform" rating and issued a $4.70 target price on shares of Rite Aid Corporation in a report on Monday.
Salzhauer Michael increased its stake in Rite Aid Corp (RAD) by 3612.45% based on its latest 2016Q4 regulatory filing with the SEC. The institutional investor owned 25,870 shares of the company's stock after buying an additional 1,890 shares during the period. The company has a market capitalization of $3.28 billion, a P/E ratio of 777.50 and a beta of 1.85. The stock rose 2.15% or $0.06 reaching $3.09 per share. About 3.67 million shares traded. Ionic Cap Ltd has invested 0% in Rite Aid Corporation (NYSE:RAD). It has underperformed by 71.88% the S&P500.
More notable recent Rite Aid Corporation (NYSE:RAD) news were published by: Investorplace.com which released: "Should You Buy Rite Aid Corporation (RAD) Stock?"
Rite Aid Corp (NYSE:RAD) 52-week high price stands at $8.77 and low price stands at $2.93, its price distance from 52-week high is -65.56% while its distance from 52-week low price is 2.9%. Zacks Investment Research raised shares of Rite Aid Corporation from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 16th. As per Friday, April 8, the company rating was downgraded by Deutsche Bank. The firm has "Buy" rating by Vetr given on Friday, August 14. The rating was maintained by Mizuho on Thursday, September 17 with "Buy". The firm has "Buy" rating by Bank of America given on Thursday, August 13. The stock has "Neutral" rating by JP Morgan on Friday, November 13. Goldman Sachs downgraded the stock to "Neutral" rating in Thursday, October 29 report. The firm has "Hold" rating given on Wednesday, January 6 by Evercore. Guggenheim downgraded Rite Aid Corporation from a "buy" rating to a "neutral" rating in a research note on Tuesday, April 25th.
COPYRIGHT VIOLATION WARNING: "Rite Aid Corporation (RAD) Receiving Somewhat Positive Press Coverage, Study Shows" was first reported by Transcript Daily and is owned by of Transcript Daily. Vetr upgraded the stock to "Buy" rating in Wednesday, August 19 report. The stock has "Neutral" rating by Credit Suisse on Thursday, October 29.
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