Retail Value (NYSE:RVI) Receives New Coverage from Analysts at Odeon Capital Group

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

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

RVI stock traded down $0.22 during trading hours on Thursday, hitting $12.66. The company’s stock had a trading volume of 65,153 shares, compared to its average volume of 75,531. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $250.87 million, a PE ratio of 7.07 and a beta of 1.99. Retail Value has a 12 month low of $8.32 and a 12 month high of $38.85. The stock has a 50 day moving average price of $12.44 and a two-hundred day moving average price of $18.56.

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

In other news, Director Scott D. Roulston bought 3,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was bought at an average price of $12.92 per share, with a total value of $38,760.00. Following the completion of the acquisition, the director now owns 12,517 shares of the company’s stock, valued at $161,719.64. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.20% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. FMR LLC lifted its stake in Retail Value by 1.5% in the first quarter. FMR LLC now owns 233,907 shares of the company’s stock valued at $7,291,000 after buying an additional 3,371 shares during the period. Victory Capital Management Inc. lifted its holdings in Retail Value by 102.3% during the 4th quarter. Victory Capital Management Inc. now owns 14,652 shares of the company’s stock worth $539,000 after purchasing an additional 7,410 shares in the last quarter. UBS Group AG lifted its holdings in Retail Value by 31.1% during the 4th quarter. UBS Group AG now owns 20,562 shares of the company’s stock worth $756,000 after purchasing an additional 4,882 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Retail Value by 43.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 212,650 shares of the company’s stock worth $7,826,000 after purchasing an additional 64,121 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Retail Value by 98.3% in the 4th quarter. Bank of New York Mellon Corp now owns 171,417 shares of the company’s stock valued at $6,308,000 after acquiring an additional 84,983 shares in the last quarter. Institutional investors own 74.53% of the company’s stock.

Retail Value Company 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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