Squarepoint Ops LLC Cuts Holdings in Retail Value Inc (RVI)

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Squarepoint Ops LLC lowered its stake in shares of Retail Value Inc (NYSE:RVI) by 32.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,832 shares of the company’s stock after selling 4,743 shares during the period. Squarepoint Ops LLC’s holdings in Retail Value were worth $252,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc bought a new stake in shares of Retail Value during the 3rd quarter worth approximately $71,442,000. Vanguard Group Inc. bought a new stake in shares of Retail Value during the 3rd quarter worth approximately $71,442,000. BlackRock Inc. raised its stake in shares of Retail Value by 4.5% during the 4th quarter. BlackRock Inc. now owns 969,361 shares of the company’s stock worth $24,806,000 after purchasing an additional 41,678 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Retail Value during the 3rd quarter worth approximately $8,109,000. Finally, Hill Winds Capital LP bought a new stake in Retail Value in the 4th quarter valued at $5,146,000. Institutional investors own 66.45% of the company’s stock.

RVI has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Retail Value from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Thursday, April 4th. ValuEngine lowered Retail Value from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd.

Shares of NYSE RVI opened at $33.41 on Wednesday. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.03 and a quick ratio of 2.03. Retail Value Inc has a one year low of $24.50 and a one year high of $38.00.

Retail Value (NYSE:RVI) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.15 EPS for the quarter. The firm had revenue of $67.69 million during the quarter. Equities analysts predict that Retail Value Inc will post -1.12 earnings per share for the current fiscal year.

In other Retail Value news, major shareholder Luxor Capital Group, Lp acquired 380,588 shares of Retail Value stock in a transaction that occurred on Wednesday, January 23rd. The shares were acquired at an average cost of $28.90 per share, with a total value of $10,998,993.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary N. Boston acquired 1,000 shares of Retail Value stock in a transaction that occurred on Friday, March 15th. The stock was acquired at an average cost of $31.50 per share, for a total transaction of $31,500.00. The disclosure for this purchase can be found here. Corporate insiders own 0.20% of the company’s stock.

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Retail Value 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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Institutional Ownership by Quarter for Retail Value (NYSE:RVI)

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