RTL Shares Are Up, But Are Nowhere Near Their 52 Week High.

The Necessity Retail REIT stock is trading -32.21% below its average target price of $9.5 after marking a 2.4% during today's morning session. Analysts are giving the small-cap Specialty Real Estate Investment Trust company an average rating of buy and target prices ranging from $8.0 to $11.0 per share.

The Necessity Retail REIT's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.3%. The stock's short ratio is 4.13. At 0.53%, the company's rate of insider ownership does not indicate that management is deeply invested in the company.

Another number to watch is the company's rate of institutional share ownership, which now stands at 58.9%. In conclusion, we believe there is mixed market sentiment regarding The Necessity Retail REIT.

Institutions Invested in The Necessity Retail REIT

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group, Inc. (The) 15% 19,621,514 $126,362,551
2023-03-31 Blackrock Inc. 9% 12,601,664 $81,154,716
2023-03-31 State Street Corporation 5% 6,865,934 $44,216,615
2023-03-31 Geode Capital Management, LLC 2% 3,012,218 $19,398,684
2023-03-31 Lsv Asset Management 2% 2,751,899 $17,722,229
2023-03-31 Charles Schwab Investment Management, Inc. 2% 2,503,831 $16,124,671
2023-03-31 Invesco Ltd. 2% 2,422,670 $15,601,994
2023-03-31 AQR Capital Management, LLC 1% 1,989,231 $12,810,647
2023-03-31 Dimensional Fund Advisors LP 1% 1,661,327 $10,698,945
2023-03-31 Northern Trust Corporation 1% 1,451,139 $9,345,335
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.