Retail Value Inc. (NYSE:RVI) CFO Christa A. Vesy sold 4,327 shares of the firm’s stock in a transaction on Monday, December 28th. The stock was sold at an average price of $14.57, for a total transaction of $63,044.39. Following the sale, the chief financial officer now owns 210 shares in the company, valued at $3,059.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of RVI stock opened at $14.87 on Friday. The company has a current ratio of 5.42, a quick ratio of 5.42 and a debt-to-equity ratio of 0.72. Retail Value Inc. has a 1 year low of $8.32 and a 1 year high of $36.95. The firm’s fifty day moving average price is $14.46 and its two-hundred day moving average price is $13.19. The firm has a market capitalization of $294.86 million, a P/E ratio of 15.33 and a beta of 1.83.
Retail Value (NYSE:RVI) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($3.48) EPS for the quarter. Retail Value had a net margin of 8.77% and a return on equity of 2.53%. The firm had revenue of $40.02 million during the quarter. As a group, equities research analysts forecast that Retail Value Inc. will post -1.91 EPS for the current fiscal year.
Several equities research analysts have issued reports on the stock. ValuEngine upgraded shares of Retail Value from a “sell” rating to a “hold” rating in a research note on Tuesday, December 1st. Morgan Stanley lowered their price target on shares of Retail Value from $38.00 to $35.59 and set an “equal weight” rating on the stock in a research note on Thursday, December 3rd.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Matarin Capital Management LLC bought a new stake in shares of Retail Value during the 3rd quarter worth about $991,000. Northwood Liquid Management LP boosted its holdings in Retail Value by 6.1% in the 3rd quarter. Northwood Liquid Management LP now owns 252,572 shares of the company’s stock valued at $3,175,000 after purchasing an additional 14,500 shares during the period. California State Teachers Retirement System boosted its holdings in Retail Value by 10.1% in the 3rd quarter. California State Teachers Retirement System now owns 24,812 shares of the company’s stock valued at $312,000 after purchasing an additional 2,279 shares during the period. Squarepoint Ops LLC bought a new stake in Retail Value in the 3rd quarter valued at about $177,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Retail Value by 1.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 142,078 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,459 shares during the period. 70.20% of the stock is owned by institutional investors.
About Retail Value
RVI is an independent publicly traded company trading under the ticker symbol ÂRVIÂ 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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