Mainpage
Economy

Rite Aid Corporation (NYSE:RAD) Experiences Heavy Trading Volume

Author

08 August, 2017

Tiaa Cref Inv Mgmt Limited Liability Com, a New York-based fund reported 3.44M shares. We have $2.64 PT which if reached, will make NYSE:RAD worth $206.40 million more.

Cowen Group Inc increased Rite Aid Corp (Put) (RAD) stake by 34909.09% reported in 2016Q4 SEC filing. Creative Planning now owns 321,145 shares of the company's stock worth $947,000 after buying an additional 134,934 shares during the period.

Westchester Capital Management Llc decreased Rite Aid Corp.

The closing price represents the final price that a stock is traded for on a trading day.

About 83,825 shares traded. Finally, Public Employees Retirement System of OH boosted its stake in Rite Aid Corporation by 1.4% in the first quarter. It has underperformed by 71.88% the S&P500.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Rite Aid Corp (NYSE:RAD) high price target of $4.7 and with a conservative view have low price target of $2. Therefore 67% are positive. Rite Aid had 17 analyst reports since August 6, 2015 according to SRatingsIntel. On Friday, December 9 the stock rating was downgraded by CLSA to "Outperform". The company was downgraded on Wednesday, January 6 by Evercore.

RAD has been the subject of a number of research analyst reports. Noble Corp PLC had 74 analyst reports since July 31, 2015 according to SRatingsIntel. They issued an "underperform" rating and a $2.50 price target for the company. The firm has "Sell" rating by RBC Capital Markets given on Thursday, July 20. Goldman Sachs downgraded the stock to "Neutral" rating in Thursday, October 29 report. Tyrus Capital Sam invested in 1.7% or 824,405 shares. Fidelity & Gty Life (NYSE:FGL) was reduced too.

Investors sentiment decreased to 0.71 in 2016 Q4. Its up 0.09, from 1.14 in 2016Q3.

Other large investors have also made changes to their positions in the company.

Analysts await Rite Aid Corporation (NYSE:RAD) to report earnings on September, 28. D E Shaw & Inc stated it has 13,308 shares. Finally, Macquarie Group Ltd. increased its stake in shares of Rite Aid Corporation by 125.3% in the fourth quarter. Rite Aid Corporation (RAD) now trades with a market capitalization of $2.52 Billion. Northwestern Mutual Wealth accumulated 4,144 shares. More interesting news about Rite Aid Corporation (NYSE:RAD) were released by: Finance.Yahoo.com and their article: "3 Reasons Rite Aid Corporation (RAD) Stock Still Has a Chance" published on July 07, 2017 as well as Seekingalpha.com's news article titled: "Rite Aid: Don't Be Fooled" with publication date: July 20, 2017. Gsa Cap Prtnrs Limited Liability Partnership holds 0.09% or 63,200 shares in its portfolio. Clearbridge Invs Ltd holds 0% or 18,800 shares. Paloma Ptnrs Mgmt has invested 0.02% in Rite Aid Corporation (NYSE:RAD). Guggenheim Capital Limited Liability owns 135,829 shares for 0.01% of their portfolio. The stock of Rite Aid Corporation (NYSE:RAD) earned "Buy" rating by Vetr on Friday, August 14.

Investors sentiment increased to 1.1 in Q4 2016. The stock has relative volume of 0.42. Hefty Wealth Partners now owns 47,240 shares of the company's stock valued at $200,000 after buying an additional 740 shares during the period. The shares price has positioned -43.31% down over the past quarter while it has directed -55.79% toward a falling position throughout past six months. Blackrock, New York-based fund reported 1.00 million shares. Janney Montgomery Scott Ltd invested in 41,711 shares. California State Teachers Retirement stated it has 0% in United States Cellular Corp (NYSE:USM). It dived, as 105 investors sold Hilton Worldwide Holdings Inc shares while 66 reduced holdings. Fmr Ltd Liability accumulated 593,496 shares. Exane Derivatives invested in 0% or 3 shares. Wasatch has invested 0.05% in Southwestern Energy Company (NYSE:SWN). As of the end of the quarter Boston Family Office LLC had sold a total of 12,275 shares trimming its position 35.3%. Lpl Fincl Lc holds 25,392 shares or 0% of its portfolio. Hussman Strategic Advsr Inc holds 0.54% or 250,000 shares. Scotia Cap Inc reported 135,080 shares or 0.02% of all its holdings. Therefore 0 are positive. The firm has "Underperform" rating by Sterne Agee CRT given on Tuesday, November 17. The rating was upgraded by Vetr on Wednesday, August 19 to "Buy". As per Wednesday, April 5, the company rating was maintained by Jefferies. On Monday, February 27 the stock rating was downgraded by Raymond James to "Mkt Perform". The firm earned "Buy" rating on Tuesday, June 13 by UBS.

The Wendy's Company (NASDAQ:WEN) belonging to Services sector has inclined 2.35% and closed its last trading session at $15.6. The Company's activities in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.


More news


  • Game of Throws! Cape is Ikea rug

    Game of Throws! Cape is Ikea rug

    Chief costume designer Michele Clapton revealed the weird truth at a talk she gave about how the Thrones outfits are designed. Costume designer Michele Clapton made the revelation during a talk at the Getty Center in Los Angeles previous year .
    Procession planned for firefighter

    Procession planned for firefighter

    Some 500 people watched and bagpipers played "Amazing Grace" as Witham's casket was loaded onto a Forest Service Sherpa plane. The Forest Service will be setting up a Brent Witham Memorial Fund where donations may be sent in lieu of flowers.
    Kenyan People Should Work for Peaceful, Credible Election - Obama

    Kenyan People Should Work for Peaceful, Credible Election - Obama

    On Sunday during a Church visit in Nairobi the president urged Kenyan's to accept the election result whichever way it goes. "But I also know that the Kenyan people as a whole will be the losers if there is a descent into violence", Obama said.

  • Will Jon Snow and Daenerys Targaryen hook up?

    In Jon's conversation with Davos, he essentially admits to having feelings for the silver-haired Daenerys. Martin's Song of Ice and Fire are beginning to come together and cross paths.
    Department of Agriculture tells staff to stop using the term 'climate change'

    Department of Agriculture tells staff to stop using the term 'climate change'

    The USDA has not, however, scrubbed all mentions of "climate change" from its web presence. A USDA plan to address the "far reaching" impacts of climate change is still online .
    Storm Causes Damage In Salisbury, Residents Believe A Tornado Touched Down

    Storm Causes Damage In Salisbury, Residents Believe A Tornado Touched Down

    A large tree was downed onto a home in Salisbury , MD, after a likely tornado touched down in the area on August 7, 2017. Multiple Twitter users shared images of a auto that had been flipped, which they believed to be a result of the storm.
  • 'Top Chef' host Padma Lakshmi testifies about terrifying confrontation with Teamster

    'Top Chef' host Padma Lakshmi testifies about terrifying confrontation with Teamster

    According to prosecutors' trial brief, Lakshmi told her driver to back out and find another way to enter the parking lot. Simmons said that she arrived at Steel and Rye in Milton, Mass., after the Teamsters had already appeared.
    India's Eros in early talks with Apple, others to sell content library

    India's Eros in early talks with Apple, others to sell content library

    As of the end of June this year, Eros Now had nearly 2.9 million paid subscribers and over 100 million registered subscribers. The newspaper, which cited multiple sources familiar with the matter, said the deal could be worth around $1 billion.
    PHX woman sentenced to death for Ame Deal murder

    PHX woman sentenced to death for Ame Deal murder

    Although she was sentenced to death, executions are on hold in Arizona because drugs for lethal injections aren't available. The girl's death was the culmination of a history of abuse that a handful of relatives heaped on her, authorities say.
  • United Nations approves new North Korea sanctions over missile tests

    United Nations approves new North Korea sanctions over missile tests

    With the U.S., Japan and South Korea expected to push for stronger actions against the North, a verbal showdown looms. The US has been putting pressure on China, which accounts for 90% of the North's trade, to enforce the sanctions.
    Teva Pharmaceutical Industries Limited (NYSE:TEVA) Downgraded by Cowen and Company

    Teva Pharmaceutical Industries Limited (NYSE:TEVA) Downgraded by Cowen and Company

    It has underperformed by 33.57% the S&P500. 1 and 2 is equivalent to a buy rating, 3 a hold rating, and 4 and 5 a sell rating. If an investor does not own any shares of the equity, he should wait to purchase until future volatility becomes more clear.
    Trailer Of Baadshaho Starring Ajay Devgn & Emraan Hashmi Released!

    Trailer Of Baadshaho Starring Ajay Devgn & Emraan Hashmi Released!

    The trailer of Baadshaho has everything that you expected for, and that makes us wait for its release on September 1, 2017. The team said that " Baadshaho " is an action-drama and the "Emergency" is just used as a backdrop.