Dissecting the Insider Trading Patterns of Rite Aid Corporation (RAD)

Dissecting the Insider Trading Patterns of Rite Aid Corporation (RAD)

The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E. Rite Aid Corp (NYSE:RAD) has a current PEG of 0. The stock increased 0.52% or $0.28 during the last trading session, reaching $53.68.

The price-earnings ratio (P/E ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. MEDNAX, Inc. (NYSE:MD) has declined 18.20% since January 11, 2017 and is downtrending. It has underperformed by 7.13% the S&P500.

"With the CDC reporting widespread flu activity, health experts are predicting that the 2017-2018 flu season will be one of the worst in recent history", says Jocelyn Konrad, Rite Aid executive vice president of pharmacy.

Longview Partners Guernsey Ltd decreased its stake in Mednax Inc (MD) by 50.4% based on its latest 2017Q3 regulatory filing with the SEC. Institutional investors and hedge funds own 50.72% of the company's stock. The Westchester Capital Management Llc holds 368,200 shares with $722,000 value, down from 5.51M last quarter. (SJR) over recent time; they noted that 0.58 million shares changed at hands contradiction to its average trading volume of 0.58 million. The stock dropped -2.85% beyond one week and climbed 0.34% during previous one month session. About 21.01M shares traded. It has underperformed by 16.70% the S&P500. A sudden increase in activity can be a sign that investors are trading in anticipation of a catalyst. Its down 0.06, from 0.95 in 2017Q2.

A number of institutional investors have recently bought and sold shares of the stock. 43 funds opened positions while 87 raised stakes. The company have shares float of 226.02 million.

State Of New Jersey Common Pension Fund D holds 0.05% or 6.10M shares.

More news: Bipartisan lawmakers meet to craft fix for 'Dreamers'
More news: Trump disparages African countries, Haiti with vulgarity
More news: Won't expel sex offender

Rite Aid (NYSE:RAD) last announced its quarterly earnings data on Thursday, December 22nd. Cibc Commercial Bank Usa reported 69,500 shares stake. Kbc Gru Nv reported 0% stake. Oppenheimer Asset Management holds 0.01% or 13,805 shares in its portfolio. Based on an average trading volume of 35,370,246 shares, the short-interest ratio is now 4.7 days. Comerica Bankshares invested in 0% or 51,965 shares. Nj State Employees Deferred Compensation Plan holds 300,000 shares or 0.11% of its portfolio. Smithfield Tru reported 0.01% stake. Glenmede Trust Com Na holds 0% or 8,850 shares. Finally, Pacer Advisors Inc. increased its holdings in shares of Rite Aid by 13.7% in the second quarter. Wg Shaheen Assocs Dba Whitney has 30,100 shares. Financial Bank Of America Corporation De holds 0% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 1.07 million shares.

Analyst mean recommendation rating on a stock by the analyst community is at 2.30. Therefore 24% are positive.

Among 14 analysts covering Rite Aid (NYSE:RAD), 2 have Buy rating, 2 Sell and 10 Hold. As per Wednesday, November 1, the company rating was maintained by KeyBanc Capital Markets. Evercore reinitiated the stock with "Underperform" rating in Friday, June 30 report. The rating was upgraded by Canaccord Genuity on Wednesday, July 22 to "Buy". The company was downgraded on Wednesday, April 26 by Guggenheim. The firm has "Neutral" rating by Credit Suisse given on Thursday, October 29. Another trade for 304,260 shares valued at $10.98 million was sold by Caruso Daniel. $28,379 worth of Zayo Group Holdings, Inc.

Massachusetts Financial Services Company, which manages about $230.32B US Long portfolio, decreased its stake in Vmware Inc (NYSE:VMW) by 17,496 shares to 31,538 shares, valued at $3.44 million in 2017Q3, according to the filing.

Among new and sold out positions, 45 holders initiated new positions by a total of 21.14 million shares and 63 holders exited their positions by a total of 37.44 million shares.

When we look at the Analyst Recommendations of the stock, the company has 3 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 67% are positive. Telus Corporation had 18 analyst reports since August 4, 2015 according to SRatingsIntel. Raymond James maintained Canadian Pacific Railway Limited (TSE:CP) on Thursday, January 19 with "Outperform" rating. (NYSE:ZAYO) has "Buy" rating given on Tuesday, November 24 by Suntrust Robinson. At the moment, the stock of Intel has a standard deviation of 0.48. Jefferies downgraded the shares of OXY in report on Tuesday, January 12 to "Hold" rating. As per Friday, October 6, the company rating was maintained by Mizuho. The stock of Canadian Pacific Railway Limited (TSE:CP) has "Sector Perform" rating given on Wednesday, December 9 by RBC Capital Markets. The firm earned "Hold" rating on Monday, August 7 by Jefferies. The firm has "Hold" rating by Loop Capital Markets given on Monday, September 11.

Related Articles

  • Alabama football wins DI Nat'l Championship

    Alabama football wins DI Nat'l Championship

    There have been a lot of games in Alabama football, especially when Paul (Bear) Bryant was the coach doing all the winning. The Alabama Crimson Tide are favorites to repeat as national champions next season according to Las Vegas oddsmakers .

    Bandai Namco Not Planning to Release Dark Souls Trilogy in America

    Not only was the long rumoured remaster officially announced, it's also coming to Nintendo Switch when it launches this May. Now you can finally play Dark Souls on the go with the Nintendo Switch now you can play anywhere you want.
    Suspect Arrested in Murder of UPenn Student Blaze Bernstein

    Suspect Arrested in Murder of UPenn Student Blaze Bernstein

    Bernstein went missing just five days before he was planning on returning to Penn for the start of his second semester. Orange County sheriff's officials took the suspect, identified as Samuel Lincoln Woodward, into custody on Friday.
  • Boeing Unveils VTOL Drone for Cargo Transport

    Boeing Unveils VTOL Drone for Cargo Transport

    Greg Hyslop, chief technology officer of Boeing , said the platform represents a step in the company's eVTOL strategy. It is created to transport a payload up to 500 pounds for possible future cargo and logistics applications.
    Eastman Kodak Company (NYSE:KODK) Experiencing Unusual Activity Mid-day

    Eastman Kodak Company (NYSE:KODK) Experiencing Unusual Activity Mid-day

    Moreover, Northern Tru Corporation has 0% invested in Eastman Kodak Company (NYSE: KODK ) for 273,412 shares. Investors will be keenly interested in the stock and whether it can gather momentum during the coming weeks.

    Intrepid Potash, Inc. (IPI), The9 Limited (NCTY)

    RBC Capital Markets maintained The Boeing Company (NYSE:BA) on Thursday, January 28 with "Sector Perform" rating. Moreover, Cibc Asset Management has 0% invested in Westlake Chemical Corporation (NYSE:WLK) for 5,454 shares.
  • Barcelona's Arda Turan Leaves With Touching Goodbye Message

    Barcelona's Arda Turan Leaves With Touching Goodbye Message

    Barcelona midfielder Arda Turan has joined Istanbul Basaksehir FK on a two-and-a-half-year loan. Turan quit the Turkey national team in June 2017.
    South Africa: EFF supporters attack H&M stores over 'racist jumper advert'

    South Africa: EFF supporters attack H&M stores over 'racist jumper advert'

    H&M apologized this week for the advert and assured its customers that the jumper will be removed from the stores completely. In footage shared on social media , activists were seen chanting, dancing, and trashing several stores.
    Trump asked why 'pretty Korean lady' analyst wasn't negotiating with North Korea

    Trump asked why 'pretty Korean lady' analyst wasn't negotiating with North Korea

    The analyst, the report said, was briefing Trump last fall on "the impending release of a family long held in Pakistan". In a tweet, Trump said: "The language used by me at the DACA meeting was tough, but this was not the language used".
  • Tottenham to offer new terms to Christian Eriksen and Heung-min Son

    Tottenham to offer new terms to Christian Eriksen and Heung-min Son

    Everton have experienced early exits in the Europa League , Carabao Cup and now the FA Cup this season. Sam Allardyce will miss out on the services of Leighton Baines, Michael Keane and Seamus Coleman.
    Perché dovremmo avere tutta questa gente da cessi di Paesi?

    Perché dovremmo avere tutta questa gente da cessi di Paesi?

    Sì alla Norvegia Trump si sarebbe spinto anche oltre: gli Stati Uniti dovrebbero attirare piu' immigrati da paesi come la Norvegia .

    Most Shocking Stock Movements: Western Digital Corporation (WDC), Exelon Corporation (EXC)

    The firm has a market capitalization of $24,328.45, a price-to-earnings ratio of 17.35, a P/E/G ratio of 0.27 and a beta of 1.12. BidaskClub lowered Western Digital from a "hold" rating to a "sell" rating in a research note on Thursday.