Foundry Partners LLC Boosts Holdings in (REI)

Foundry Partners LLC grew its stake in (NYSE:REI) by 27.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 393,542 shares of the company’s stock after buying an additional 83,550 shares during the quarter. Foundry Partners LLC owned approximately 0.73% of worth $5,702,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of REI. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of during the second quarter worth about $4,980,000. Bank of America Corp DE increased its holdings in shares of by 407.3% in the 1st quarter. Bank of America Corp DE now owns 28,811 shares of the company’s stock valued at $311,000 after acquiring an additional 23,132 shares during the period. Fisher Asset Management LLC increased its holdings in shares of by 42.7% in the 2nd quarter. Fisher Asset Management LLC now owns 181,286 shares of the company’s stock valued at $2,357,000 after acquiring an additional 54,235 shares during the period. Eagle Boston Investment Management Inc. increased its holdings in shares of by 3.0% in the 2nd quarter. Eagle Boston Investment Management Inc. now owns 810,453 shares of the company’s stock valued at $10,535,000 after acquiring an additional 23,619 shares during the period. Finally, Federated Investors Inc. PA increased its holdings in shares of by 22.6% in the 2nd quarter. Federated Investors Inc. PA now owns 578,262 shares of the company’s stock valued at $7,518,000 after acquiring an additional 106,647 shares during the period.

Several brokerages recently weighed in on REI. SunTrust Banks, Inc. restated a “buy” rating and set a $19.00 target price on shares of in a research note on Friday, November 10th. Northland Securities set a $20.00 price objective on and gave the company a “buy” rating in a report on Saturday, October 21st. Roth Capital set a $20.00 price objective on and gave the company a “buy” rating in a report on Friday, October 6th. Imperial Capital initiated coverage on in a report on Tuesday, August 15th. They issued an “outperform” rating and a $18.00 price objective for the company. Finally, Zacks Investment Research raised from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of .

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Institutional Ownership by Quarter for  (NYSE:REI)

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