Bank of New York Mellon Corp lowered its holdings in Retail Value Inc (NYSE:RVI) by 16.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 148,828 shares of the company’s stock after selling 29,736 shares during the quarter. Bank of New York Mellon Corp owned 0.75% of Retail Value worth $1,839,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. California Public Employees Retirement System increased its position in shares of Retail Value by 11.1% in the second quarter. California Public Employees Retirement System now owns 37,407 shares of the company’s stock valued at $462,000 after buying an additional 3,728 shares in the last quarter. Alberta Investment Management Corp increased its position in shares of Retail Value by 38.2% in the second quarter. Alberta Investment Management Corp now owns 60,782 shares of the company’s stock valued at $751,000 after buying an additional 16,800 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in Retail Value by 69.7% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 5,760 shares of the company’s stock worth $71,000 after purchasing an additional 2,366 shares in the last quarter. Russell Investments Group Ltd. increased its position in Retail Value by 15.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 58,563 shares of the company’s stock worth $721,000 after purchasing an additional 7,642 shares in the last quarter. Finally, WINTON GROUP Ltd increased its position in Retail Value by 108.8% during the 2nd quarter. WINTON GROUP Ltd now owns 120,608 shares of the company’s stock worth $1,491,000 after purchasing an additional 62,853 shares in the last quarter. 70.20% of the stock is owned by institutional investors.

RVI stock opened at $12.51 on Monday. The company has a quick ratio of 5.42, a current ratio of 5.42 and a debt-to-equity ratio of 0.72. Retail Value Inc has a 52-week low of $8.32 and a 52-week high of $38.85. The stock’s 50 day moving average is $12.81 and its two-hundred day moving average is $12.89. The company has a market capitalization of $248.06 million, a PE ratio of 12.90 and a beta of 1.89.

Retail Value (NYSE:RVI) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.10) earnings per share (EPS) for the quarter. Retail Value had a return on equity of 2.53% and a net margin of 8.77%. The business had revenue of $39.29 million for the quarter. As a group, sell-side analysts anticipate that Retail Value Inc will post -2.91 EPS for the current year.

A number of analysts recently commented on the company. Odeon Capital Group assumed coverage on Retail Value in a research report on Thursday, July 30th. They set a “buy” rating and a $20.00 price objective for the company. ValuEngine cut Retail Value from a “hold” rating to a “sell” rating in a research report on Monday, August 3rd.

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

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