Foundry Partners LLC Increases Holdings in (REI)

Foundry Partners LLC boosted its stake in shares of (NYSE:REI) by 27.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 made changes to their positions in REI. Wells Fargo & Company MN lifted its holdings in by 50.1% during the 1st quarter. Wells Fargo & Company MN now owns 35,976 shares of the company’s stock valued at $390,000 after buying an additional 12,000 shares in the last quarter. Parametric Portfolio Associates LLC increased its position in by 7.4% during the 1st quarter. Parametric Portfolio Associates LLC now owns 92,440 shares of the company’s stock valued at $1,000,000 after purchasing an additional 6,339 shares during the period. American International Group Inc. increased its position in by 21.9% during the 1st quarter. American International Group Inc. now owns 25,070 shares of the company’s stock valued at $271,000 after purchasing an additional 4,509 shares during the period. Alliancebernstein L.P. purchased a new position in during the 1st quarter valued at about $155,000. Finally, Teachers Advisors LLC increased its position in by 2.5% during the 1st quarter. Teachers Advisors LLC now owns 76,346 shares of the company’s stock valued at $826,000 after purchasing an additional 1,856 shares during the period.

A number of research analysts have commented on the stock. SunTrust Banks, Inc. reissued a “buy” rating and set a $19.00 target price on shares of in a research report on Friday, November 10th. Roth Capital set a $20.00 price objective on shares of and gave the stock a “buy” rating in a research report on Thursday, August 10th. Northland Securities set a $20.00 price objective on shares of and gave the stock a “buy” rating in a research report on Monday, August 14th. Imperial Capital initiated coverage on shares of in a research report on Tuesday, August 15th. They issued an “outperform” rating and a $18.00 price objective on the stock. Finally, Zacks Investment Research raised shares of from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. has a consensus rating of “Buy” and an average target price of .

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Institutional Ownership by Quarter for  (NYSE:REI)

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