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Analysts See $-0.01 EPS for Rite Aid Corporation (RAD)

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05 June, 2017

Renaissance Group Llc sold 21,297 shares as the company's stock declined 9.26% while stock markets rallied. Public Sector Pension Investment Board now owns 4,522,500 shares of the company's stock valued at $37,265,000 after buying an additional 2,522,500 shares in the last quarter. The stock increased 0.35% or $0.22 on June 2, reaching $63.74. (NASDAQ:ROST) has risen 12.03% since June 5, 2016 and is uptrending. Rite Aid Corp now has $4.04B valuation. Overland Advisors Llc bought 3.50 million shares as the company's stock declined 41.75% while stock markets rallied. Pnc Fin Service Grp Inc has 574,427 shares. The Firm operates under The Rite Aid name.

Analysts await Rite Aid Corporation (NYSE:RAD) to report earnings on June, 15. It has underperformed by 71.88% the S&P500. It also increased its holding in Applied Materials Inc (NASDAQ:AMAT) by 48,666 shares in the quarter, for a total of 998,850 shares, and has risen its stake in Controladora Vuela Compania E (NYSE:VLRS).

Investors sentiment decreased to 1.4 in Q4 2016. Its up 0.24, from 0.84 in 2016Q3. It improved, as 41 investors sold ROST shares while 240 reduced holdings. 106 funds opened positions while 198 raised stakes. Voya reported 430,402 shares. Goldman Sachs Gp invested in 0% or 68,150 shares. (NASDAQ:ROST) for 10,164 shares. Qci Asset Mngmt Inc has 8,677 shares for 0.05% of their portfolio. Finemark Bankshares And accumulated 0% or 390 shares. The latest reports which are outstanding on Sunday 4th of June state 0 analysts have a rating of "strong buy", 3 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Rite Aid had 14 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup reported 325,222 shares. (NASDAQ:NBTB). The Australia-based Macquarie Gru Ltd has invested 0.13% in NBT Bancorp Inc. Amalgamated Commercial Bank stated it has 183,362 shares. Zacks Investment Management holds 0.02% in Ross Stores, Inc. They now have a Dollars 10 price target on the stock. Therefore 47% are positive.

Allstate Corp increased Rite Aid Corp (RAD) stake by 93.06% reported in 2016Q4 SEC filing. Four analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The rating was upgraded by Vetr on Friday, August 14 to "Buy". The rating was initiated by Miller Tabak with "Buy" on Friday, June 24. The company was initiated on Thursday, December 15 by JP Morgan. (NASDAQ:ROST) earned "Buy" rating by M Partners on Wednesday, March 2. The stock has "Hold" rating by Cantor Fitzgerald on Friday, August 21. The firm earned "Neutral" rating on Thursday, January 7 by Piper Jaffray. The firm has "Buy" rating by UBS given on Monday, November 14.

Pinnacle Foods Inc.is a manufacturer, marketer and distributor of branded food products in North America. (NASDAQ:ROST) were released by: Nasdaq.com and their article: "Ross Stores Inc". (NASDAQ:NBTB) or 1,448 shares. BALMUTH MICHAEL also sold $3.45 million worth of Ross Stores, Inc. (NASDAQ:ROST) shares with value of $1.02 million were sold by GARRETT SHARON D. Vetr downgraded Rite Aid Corporation (NYSE:RAD) on Thursday, August 6 to "Buy" rating. This insider deal, was completed on 02-06-2017. Of the 6 analysts surveyed by Reuters that track RAD 3 of them rate its stock a hold. 35,000 were accumulated by Gm Advisory Group Inc Incorporated Inc. Shares of CME Group Inc.

Investors sentiment decreased to 0.92 in Q4 2016. Its down 0.35, from 1.75 in 2016Q3. Mizuho reduced their price target on shares of Rite Aid to $6.75 in a research report on Tuesday, January 31st. Capstone Asset Management Co. raised its position in shares of Rite Aid by 7.9% in the first quarter. After this sale, 299,254 common shares of RAD are directly owned by the insider, with total stake valued at $1,101,255. Boston Private Wealth Ltd reported 359,985 shares or 0.12% of all its holdings. Prelude Capital Mgmt Ltd Limited Liability Company stated it has 0.43% of its portfolio in Rite Aid Corporation (NYSE:RAD).

In the transaction dated April 13, 2015, the great number of shares disposed came courtesy the EVP; Thompson Robert K disposed a total of 95,850 shares at an average price of $8.33, amounting to approximately $798,431. First Republic Investment Management Inc. raised its stake in Rite Aid by 0.5% in the fourth quarter. 2,000 are owned by Reilly Fincl Advsr Ltd Liability. Teacher Retirement Systems Of Texas, Texas-based fund reported 11,148 shares. Putnam Fl Inv Management stated it has 92,455 shares.

At the end of Mar reporting period, 213 institutional holders increased their position in Rite Aid Corporation (NYSE:RAD) by some 96,560,991 shares, 186 decreased positions by 139,847,694 and 84 held positions by 372,963,811. Ionic Capital Management Ltd Llc holds 0% or 5,000 shares in its portfolio. Omers Administration has invested 0.26% in Rite Aid Corporation (NYSE:RAD).


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