Retail Value Inc (NYSE:RVI) Major Shareholder Katharina Otto-Bernstein Sells 27,800 Shares

Retail Value Inc (NYSE:RVI) major shareholder Katharina Otto-Bernstein sold 27,800 shares of the stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of $37.50, for a total value of $1,042,500.00. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Katharina Otto-Bernstein also recently made the following trade(s):

  • On Friday, September 13th, Katharina Otto-Bernstein sold 48,600 shares of Retail Value stock. The stock was sold at an average price of $37.40, for a total value of $1,817,640.00.
  • On Wednesday, September 11th, Katharina Otto-Bernstein sold 30,800 shares of Retail Value stock. The stock was sold at an average price of $36.94, for a total value of $1,137,752.00.
  • On Monday, September 9th, Katharina Otto-Bernstein sold 28,600 shares of Retail Value stock. The stock was sold at an average price of $37.44, for a total value of $1,070,784.00.
  • On Thursday, September 5th, Katharina Otto-Bernstein sold 34,381 shares of Retail Value stock. The shares were sold at an average price of $37.18, for a total value of $1,278,285.58.
  • On Thursday, August 29th, Katharina Otto-Bernstein sold 29,534 shares of Retail Value stock. The shares were sold at an average price of $37.34, for a total value of $1,102,799.56.
  • On Tuesday, September 3rd, Katharina Otto-Bernstein sold 12,715 shares of Retail Value stock. The shares were sold at an average price of $37.12, for a total value of $471,980.80.
  • On Tuesday, August 27th, Katharina Otto-Bernstein sold 25,670 shares of Retail Value stock. The shares were sold at an average price of $37.27, for a total value of $956,720.90.

Shares of RVI stock opened at $37.55 on Friday. Retail Value Inc has a 1-year low of $24.50 and a 1-year high of $38.59. The stock’s 50-day moving average is $37.35 and its 200 day moving average is $34.46. The company has a market cap of $716.93 million, a P/E ratio of 31.62 and a beta of 1.45. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.95 and a quick ratio of 2.95.



Retail Value (NYSE:RVI) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.72 earnings per share for the quarter. Retail Value had a return on equity of 3.30% and a net margin of 8.64%. The company had revenue of $60.89 million for the quarter. On average, analysts anticipate that Retail Value Inc will post -1.09 EPS for the current year.

A number of hedge funds have recently modified their holdings of RVI. Deutsche Bank AG raised its stake in Retail Value by 430.7% in the fourth quarter. Deutsche Bank AG now owns 12,375 shares of the company’s stock valued at $315,000 after buying an additional 10,043 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of Retail Value by 2.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 40,944 shares of the company’s stock worth $1,276,000 after purchasing an additional 904 shares during the last quarter. Forsta AP Fonden raised its stake in shares of Retail Value by 125.0% in the first quarter. Forsta AP Fonden now owns 7,357 shares of the company’s stock worth $229,000 after purchasing an additional 4,087 shares during the last quarter. New York State Common Retirement Fund raised its stake in shares of Retail Value by 5.4% in the first quarter. New York State Common Retirement Fund now owns 31,227 shares of the company’s stock worth $973,000 after purchasing an additional 1,587 shares during the last quarter. Finally, Freestone Capital Holdings LLC raised its stake in shares of Retail Value by 9.3% in the first quarter. Freestone Capital Holdings LLC now owns 49,172 shares of the company’s stock worth $1,532,000 after purchasing an additional 4,167 shares during the last quarter. 67.26% of the stock is currently owned by institutional investors.

A number of equities research analysts recently weighed in on the company. Morgan Stanley downgraded Retail Value from an “overweight” rating to an “equal weight” rating and set a $38.00 price objective on the stock. in a research report on Friday, August 2nd. They noted that the move was a valuation call. Zacks Investment Research raised Retail Value from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Thursday, August 22nd.

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.

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Insider Buying and Selling by Quarter for Retail Value (NYSE:RVI)

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