Gabelli Funds LLC Sells 344426 Shares of Rite Aid Co. (RAD)

The 4969117 Shares in Rite Aid Corporation (RAD) Acquired by OxFORD Asset Management LLP

Buffington Mohr Mcneal sold 11,116 shares as Texas Instrs Inc Com (TXN)'s stock rose 5.05%. The firm owned $41.79 million shares of the company's stock after selling 596008 shares during the period. The stock increased 0.64% or $0.48 during the last trading session, reaching $75.78. About 29.49M shares traded or 135.61% up from the average. The company's revenue for the quarter was down 4.9% on a year-over-year basis. It has underperformed by 21.67% the S&P500.

Equitec Proprietary Markets Llc decreased its stake in Rite Aid Corp (Call) (RAD) by 87.25% based on its latest 2017Q3 regulatory filing with the SEC. Wells Fargo Mn has 0% invested in Rite Aid Corporation (NYSE:RAD). Rite Aid Corp now has $2.11B valuation. The firm now has $2.54 price target on the stock. FMR LLC grew its position in Rite Aid by 204.0% during the 2nd quarter. It has underperformed by 71.88% the S&P500.

Among 14 analysts covering Rite Aid (NYSE:RAD), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 19% are positive. Rite Aid has a 1-year low of $1.38 and a 1-year high of $6.15. The rating was upgraded by Vetr to "Buy" on Friday, August 14. As per Wednesday, January 24, the company rating was maintained by Bernstein. HSBC downgraded the shares of XOM in report on Tuesday, November 7 to "Reduce" rating. They set an underperform rating and a $1.50 price objective on the stock. The company was initiated on Monday, September 11 by Loop Capital Markets. The rating was downgraded by Vetr on Thursday, August 6 to "Buy". The stock of Rite Aid Corporation (NYSE:RAD) earned "Buy" rating by Vetr on Thursday, August 6. Finally, Loop Capital reissued a hold rating and set a $2.00 price objective (down previously from $2.50) on shares of Rite Aid in a research report on Friday, September 29th. The rating was maintained by Mizuho with "Buy" on Thursday, September 17.

Since October 3, 2017, it had 0 insider purchases, and 1 sale for $58,915 activity. Another trade for 28,189 shares valued at $58,915 was sold by POTTER MYRTLE S.

Salzhauer Michael, which manages about $233.18M US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 54,011 shares to 32,289 shares, valued at $3.08M in 2017Q3, according to the filing.

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.02, from 1.1 in 2017Q2.

A number of large investors have recently bought and sold shares of RAD. 513.41 million shares or 4.79% less from 539.25 million shares in 2017Q2 were reported. Veritable LP reported 0.07% stake.

Several other institutional investors have also sold shares of the company. Moreover, Creative Planning has 0.01% invested in Rite Aid Corporation (NYSE:RAD). Mitsubishi Ufj Trust & Banking Corporation accumulated 32,004 shares or 0% of the stock. Vanguard Group Inc. grew its stake in shares of Rite Aid by 0.4% in the 2nd quarter. Commonwealth Bank Of Aus stated it has 141 shares or 0% of all its holdings.

Rite Aid Corporation is a retail drugstore chain. Tci Wealth Advsr holds 0% or 3,902 shares. Richard Bernstein Advsrs Ltd Llc holds 149,581 shares or 0.85% of its portfolio. Kbc Nv holds 98,593 shares. Diligent Limited Liability Co holds 4,294 shares or 0.26% of its portfolio. The Company operates under The Rite Aid name. Parametric Port owns 3.40M shares or 0.01% of their USA portfolio. Mufg Americas Holdings owns 2,400 shares.

Since October 11, 2017, it had 0 insider purchases, and 2 sales for $54,833 activity. Shares for $606,082 were sold by Milton Bryan W. 19,500 shares valued at $1.62M were sold by Corson Bradley W on Monday, December 11.

Investors sentiment is 0.85 in Q3 2017. Its up 0.09, from 1.21 in 2017Q2. It is positive, as 45 investors sold NVDA shares while 282 reduced holdings. 127 funds opened positions while 298 raised stakes. Exchange Capital owns 1,170 shares for 0.01% of their portfolio. Gamble Jones Invest Counsel holds 0.03% or 1,465 shares. Epoch Partners, a New York-based fund reported 2.52 million shares. Invesco Limited holds 1.20 million shares. 957,479 were accumulated by Geode Management Limited Liability. Landscape Mngmt Limited Liability Corporation stated it has 0.07% in Patterson Companies, Inc.

The company shows its Return on Assets (ROA) value of 0.9%. 7,650 are owned by Teachers Retirement System Of The State Of Kentucky.

Among 14 analysts covering Patterson Companies Inc. They issued a hold rating and a $2.25 price objective on the stock.

The stock's current distance from 20-Day Simple Moving Average (SMA20) is -9.38% where SMA50 and SMA200 are -2.16% and -18.62% respectively. Morgan Stanley accumulated 2.44 million shares. As per Wednesday, April 26, the company rating was downgraded by Guggenheim. The stock of Patterson Companies, Inc. The firm has "Hold" rating given on Wednesday, October 25 by RBC Capital Markets. On Tuesday, September 26 the stock rating was maintained by Bernstein with "Buy". $2.13M worth of stock was sold by CARP DANIEL A on Friday, October 27. The firm has "Market Perform" rating by William Blair given on Friday, August 28.

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