Hot Tickers: Freeport-McMoRan Inc. (FCX), Rite Aid Corporation (RAD)

It is negative, as 85 investors sold Rite Aid Corporation shares while 96 reduced holdings.

VANGUARD GROUP INC raised its stake in Freeport-McMoRan Inc. First Quadrant Limited Partnership Ca, a California-based fund reported 180,700 shares. Parkside Bank reported 0.03% of its portfolio in Rite Aid Corporation (NYSE:RAD). Gabelli And Investment Advisers reported 0.59% stake. Whittier Tru Co reported 2,000 shares. Shares are clocking price at $1.79 with change of 1.70%.

Rite Aid Corporation (NYSE:RAD) has the Market Capitalization of 2.05 Billion.

Currently Rite Aid Corp (NYSE:RAD)'s shares owned by insiders are 1%, whereas shares owned by institutional owners are 52.2%. Nomura Asset Mngmt Limited holds 0% or 27,277 shares in its portfolio. Corporate insiders own 2.29% of the company's stock. Moreover, Morgan Stanley has 0.03% invested in Western Refining Logistics, LP (NYSE:WNRL) for 3.61 million shares.

Net profit margin of the company is seen at 0.30%. The stock price is showing encouraging image with current supportive move of 1.70% at trading price of $1.79. Finally, Mark Sheptoff Financial Planning LLC grew its holdings in shares of Rite Aid by 1.4% in the second quarter.

Locust Wood Capital Advisers Llc decreased Leidos Hldgs Inc (LDOS) stake by 46.02% reported in 2017Q2 SEC filing.

In other news, Director Myrtle S. Potter sold 28,189 shares of Rite Aid stock in a transaction that occurred on Tuesday, October 3rd. While it's Return on Investment (ROI) value is 5.4%. The company's beta value is at 1.77.

A total of 32.98 Billion shares exchanged at hands and its average trading volume is standing at 29.89 Million shares. The NYSE-listed company saw a recent bid of $1.79 on volume of 13.91 million shares.

Rite Aid Corporation (NYSE:RAD) has 1143.38 shares were outstanding. It has underperformed by 71.88% the S&P500.

The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock. Energy Transfer Equity, L.P. (ETE) has risen 42.68% since December 7, 2016 and is uptrending. Da Davidson & holds 0% in Rite Aid Corporation (NYSE:RAD) or 30,700 shares. They expect $0.81 EPS, up 8.00% or $0.06 from last year's $0.75 per share.

According to analysts Rite Aid Corp (NYSE:RAD)'s minimum EPS for the current quarter is at $-0.02 and can go high up to $-0.01.

More notable recent Rite Aid Corporation (NYSE:RAD) news were published by: Investorplace.com which released: "Rite Aid Corporation Stock: If Wishes Were Horses" on November 09, 2017, also Seekingalpha.com with their article: "Rite Aid: Prefer The Bonds Over The Stock" published on November 15, 2017, Investorplace.com published: "Why Now Is NOT the Time to Sell Rite Aid Corporation Stock" on December 01, 2017. Therefore 14% are positive. There are brokerage firms with lower targets than the average, including one setting a price target of $2. After keeping Technical check on movement of stock price comparison to its moving averages like 20, 50 and 200 SMA, we detected following trends of AMCX.

According to Zacks, "Rite Aid, which has lagged the broader industry year to date, has had quite an eventful ride of late". The company was initiated on Thursday, August 13 by Bank of America. On Friday, April 8 the stock rating was downgraded by Deutsche Bank to "Hold". The company was reinitiated on Friday, June 30 by Bank of America. The firm has "Hold" rating by RBC Capital Markets given on Wednesday, October 25. The firm has "Outperform" rating given on Thursday, January 12 by Raymond James. The hedge fund run by Matthew Halbower held 2.05M shares of the medical and nursing services company at the end of 2017Q2, valued at $6.06 million, down from 15.60M at the end of the previous reported quarter. Goldman Sachs downgraded the shares of RAD in report on Thursday, October 29 to "Neutral" rating. Vetr upgraded shares of Rite Aid from a "buy" rating to a "strong-buy" rating and set a $6.58 price objective on the stock in a research report on Thursday, March 2nd. The stock of Western Refining Logistics, LP (NYSE:WNRL) has "Overweight" rating given on Wednesday, August 5 by Barclays Capital.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related Articles

  • Notable Buzzers: Oracle Corporation (ORCL), Verizon Communications Inc. (VZ)

    Maximum and minimum EPS estimate for the current quarter is projected at $0.14 and $0.05, respectively, according to 8 analysts. For the current quarter Nokia Corp (NYSE: NOK ) has high EPS estimates of $0.14 in contradiction of low EPS estimates of $0.05.

    Alibaba, Ford in search for new retail business

    In November, the company announced a $756 million partnership with Anhui Zotye Automobile Co.to build electric vehicles there. Ford has struck a deal with Chinese internet giant Alibaba as part of a strategy to boost its presence in the Chinese market.

    Ltd. Acquires 509223 Shares of NXP Semiconductors NV (NXPI)

    The firm has a market capitalization of $38,605.23, a price-to-earnings ratio of 19.98, a PEG ratio of 0.99 and a beta of 0.82. The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) earned "Hold" rating by BMO Capital Markets on Monday, October 16.
  • Alec Baldwin Defends Comments About Sexual Harassment Accusers on 'Megyn Kelly Today'

    Alec Baldwin Defends Comments About Sexual Harassment Accusers on 'Megyn Kelly Today'

    Baldwin wrote on Twitter , "Talk shows were once promotional pit stops for some blithe chit chat about movies, etc". Kelly chimed in to say women were in submissive positions years ago.

    Norwegian model accuses Kevin Spacey of sexual harassment

    In a statement, Spacey said he did not remember the alleged encounter but apologised if such "drunken behaviour" had occurred. Behn's accusations against Spacey come on the heels of multiple allegations of sexual misconduct against the Hollywood actor.

    Analysts See Discover Financial Services (NYSE:DFS) Rising 1.3%

    Buckingham Research started coverage on shares of Discover Financial Services in a research report on Monday, October 2nd. Kentucky Retirement Systems Insur Tru Fund has invested 0.12% of its portfolio in Discover Financial Services (NYSE:DFS).
  • Off-duty Florida police officer shot, suspect killed in parking lot of Walmart

    Off-duty Florida police officer shot, suspect killed in parking lot of Walmart

    The Florida Department of Law Enforcement will investigate the case, as it does for all shootings involving Miami-Dade police. "We ask for support and prayers from the community".
    Trump Calls on Saudi to End Yemen Blockade

    Trump Calls on Saudi to End Yemen Blockade

    Yemen is witnessing one of the world's worst outbreaks of cholera, with almost one million people infected. Sanaa residents have been stocking up on basic goods for fear of further violence.
    76ers Trade Jahlil Okafor to Nets In Multi-Player Deal

    76ers Trade Jahlil Okafor to Nets In Multi-Player Deal

    This marks the end of the 76ers' attempts to enter contract buyout discussions with the big man. The improving Sixers (13-10) had declined their team option for next season on Okafor.
  • Demi Lovato Slams TIME for Honouring Donald Trump: 'You Hypocrites!'

    Demi Lovato Slams TIME for Honouring Donald Trump: 'You Hypocrites!'

    Again, if you've been hanging out under a rock for the past couple days, I'd like to inform you that Donald Trump was the runner-up.
    Arsenal's Santi Cazorla starting rehab 'from zero' after latest surgery

    Arsenal's Santi Cazorla starting rehab 'from zero' after latest surgery

    The Spaniard also almost came close to amputating his foot after an infection but the 32-year-old is adamant to regain full fitness and return to the side.
    It was a mystery how we didn't score more goals - Wenger

    It was a mystery how we didn't score more goals - Wenger

    But I have to also say that Arsenal played, in some periods, amazing, attacking football, creating difficulties for us. We were too on the edge mentally maybe - you can not be in a game like that.