The Texas Teacher Retirement System has bought 42,074 shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC)

The Texas Teacher Retirement System has bought 42,074 shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC)

The Teacher Retirement System of Texas increased its position in Retail Opportunity Investments Corp. (NASDAQ: ROIC) during the third quarter by 208.8%, as stated in the most recent 13F filing that Retail Opportunity Investments Corp. submitted with the Securities and Exchange Commission (SEC). Following the completion of the period, the company had 62,223 shares of the real estate investment trust’s stock in its possession. This was accomplished by the purchase of an additional 42,074 shares of the stock throughout the month. The Teacher Retirement System of Texas had retail opportunity assets worth $860,000 at the end of the most recent fiscal quarter. Recent events have resulted in institutional investors and other hedge funds reevaluating the positions they had previously held in the company and making appropriate adjustments. During the second quarter, Meeder Asset Management INC brought its total amount invested in retail opportunity investments to a level that was 148.5% higher than before. Meeder Asset Management INC now has a total of 3,208 shares of the real estate investment trust’s stock, which has a current value of $51,000 after purchasing an additional 1,917 shares during the period in question. The company purchased these shares. During the third quarter of […]

What Makes M/I Homes (MHO) an Attractive Long-Term Investment Opportunity?

What Makes M/I Homes (MHO) an Attractive Long-Term Investment Opportunity?

Miller Value Partners , an investment management company, released its “Deep Value Strategy” fourth-quarter 2022 investor letter. A copy of the same can be downloaded here . In the fourth quarter, the Deep Value Strategy was up 34%, compared to a 13.49% gain for the S&P 1500 Value Index. Investment in Value and cyclical stocks favored the strategy in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2022. Miller Value Deep Value Strategy highlighted stocks M/I Homes, Inc. (NYSE: MHO ) in the Q4 2022 investor letter. Based in Columbus, Ohio, M/I Homes, Inc. (NYSE:MHO) is a single-family home builder. On February 3, 2023, M/I Homes, Inc. (NYSE:MHO) stock closed at $61.91 per share. One-month return of M/I Homes, Inc. (NYSE:MHO) was 23.15%, and its shares gained 24.27% of their value over the last 52 weeks. M/I Homes, Inc. (NYSE:MHO) has a market capitalization of $1.698 billion. Miller Value Deep Value Strategy made the following comment about M/I Homes, Inc. (NYSE:MHO) in its Q4 2022 investor letter: “During the quarter, we initiated a new investment in M/I Homes, Inc. (NYSE:MHO), what we deem as a significantly misplaced homebuilder. M/I Homes’ […]

Full reopening an opportunity Hong Kong can't miss

Full reopening an opportunity Hong Kong can’t miss

China lodges representations with U.S. over shooting down of airship Editor’s note: CGTN’s First Voice provides instant commentary on breaking stories. The column clarifies emerging issues and better defines the news agenda, offering a Chinese perspective on the latest global events. The development of Hong Kong Special Administrative Region (SAR) got off to a solid start with the full resumption of cross-border travel with the Chinese mainland on Monday. The city has had a tough time in the past three years – shortly after the 2019 violence, it was caught in a three-year pandemic. The long-awaited full border reopening is an opportunity for Hong Kong to revive its economy and further engage with the plan of Guangdong-Hong Kong-Macao Greater Bay Area (GBA). As the Chinese mainland drops its restrictions on travel, Hong Kong will likely see a 7.6 percent boost to its gross domestic product, according to Goldman Sachs Group Inc. The city, as an international financial hub, has been one of the favorite travel destinations among mainlanders. Of the 154 million outbound mainland travelers before the pandemic, 36 percent – as World Bank and Hong Kong Tourism Board statistics show – came to Hong Kong. The influx of […]

The rally in USD/JPY offers a selling opportunity

The rally in USD/JPY offers a selling opportunity

The Yen witnessed a lower open this week on reports that the Japanese government had approached Bank of Japan Deputy Governor Masayoshi Amamiya about replacing current Governor, Kuroda . There was a mild reversal in the move after government spokesman said the story was not based on fact. The subsequent upside move in USDJPY has bought a trading opportunity, if the rally can be sustained into our resistance zone. I have bespoke resistance at 133.72 and 133.79. A bearish BAT formation will be completed at 133.93-134.22. It should be noted that we have a Gap open at 131.18. Gaps tend to get filled. USD/JPY 8-hour With the next medium-term support level not seen until 124.29, this offer a great risk/reward sell setup USD/JPY monthly Possible short setup: Selling USDJPY at 133.72 (bespoke resistance). Stop at 134.82 (above the swing high). Target 124.30 (medium-term support). Risk/reward ratio 8.56R. The analysis, data and visual graphic charts or pictures contained herein are provided “as is” and without warranty of any kind, either expressed or implied. Educate2accumulate, contractors or employees, or any third-party data provider, shall not have any liability for any loss sustained by anyone who has relied on the information contained […]

Small Plan Market Represents a Massive Opportunity for Advisors

Small Plan Market Represents a Massive Opportunity for Advisors

According to findings from Vestwell’s fourth annual Retirement Trends Report, advisors who serve the small plan market expect to see “significant practice growth” in 2023 as both employer and employee demand for advisor services is at all-time highs. The report, which surveyed thousands of advisors, employers, and their workforces, noted that an overwhelming majority of both small business employers and employees (90%) are interested in utilizing the support of an advisor to guide them through their plan options. The report also found that employers said the services they value most from advisors are investment recommendations and management (65%), educating employees (62%), plan design recommendations (57%), plan administration (54%), and fiduciary oversight (50%). In addition, 47% of employers said personalized investment recommendations for their employees were a value-add from advisors. Also of note, 70% of advisors reported that market volatility has not affected their retirement business in the small plan market within the last year. As part of the report, Vestwell stated, “Despite volatile financial markets, employers are considering upgrades to their plans and are interested in professional advice, while a plurality of advisors believe their practice will expand due to small plan growth. In other words, the small business […]

Over The Counter 6 Jan 2023: Prebiotics And Consumer Health: Opportunity, Regulation and Future, With Clasado’s Per Rehné

Over The Counter 6 Jan 2023: Prebiotics And Consumer Health: Opportunity, Regulation and Future, With Clasado’s Per Rehné

Executive Summary In this episode, HBW Insight interviews Per Rehné, CEO of UK-based microbiome specialists Clasado Biosciences, about the exciting world of prebiotics. Essentially food for your gut microbiome, prebiotics have benefitted from a worldwide boom in preventative health in recent years, as well as a critical mass of clinical research showing the significant role that the gut plays in health, immunity and even stress and anxiety. In this fascinating discussion, Rehné explains the science behind prebiotic supplementation, as well as the regulatory environment in the European Union that makes marketing such supplements challenging, to say the least. We also dive into the current and future growth and innovation opportunities that prebiotics represent for the consumer health industry, which Clasado supplies, as well as marketing its own Bimuno branded product in the UK and beyond. Further Reading Further Listening These and all other podcasts are available on the Informa Pharma Intelligence channel on Apple Podcasts , Google Podcasts , SoundCloud and TuneIn – and also now on Spotify Podcasts – and via smart speakers if one of these platforms has been set up as your default podcast provider. Over The Counter Theme Music Copyright 2019 Licensed under a Creative […]

Generac Holdings: Change Creates Opportunity

Generac Holdings: Change Creates Opportunity

J. Michael Jones Generac Holdings (NYSE: GNRC ) has been one of the worst-performing stocks over the past year, declining by 73% from its high of $329 to its low of $86. But, the company’s long-term growth thesis looks intact, driven by the massive changes in the energy, utility, and automotive sectors, which cause changes to the grid. The climate-related uncertainty and damage have spotlighted unreliable power supply for homes and businesses. The company’s sky-high valuation has vanished, and any sell-off in the market may present a buying opportunity if the stock dips below $100. The stock looks fully valued based on the valuation metrics such as the GAAP PE ratios. But, a discounted cash flow model estimates a per-share value of $149, a 22% upside potential. A slowdown in revenue growth was inevitable, but long-term prospects are still bright Generac started seeing a slowdown in growth rate in the middle of 2022, during its Q2 2022 quarter . The company saw its residential product sales growth decelerate considerably in Q3 2022. Residential product sales grew by 9% y/y in Q3 2022 compared to a growth rate of 49% in Q2 2022 and 43% in Q1 2022. The company’s […]

Is There Now An Opportunity In CGI Inc. (TSE:GIB.A)?

Is There Now An Opportunity In CGI Inc. (TSE:GIB.A)?

Source: Shutterstock CGI Inc. ( TSE:GIB.A ) saw a double-digit share price rise of over 10% in the past couple of months on the TSX. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let’s examine CGI’s valuation and outlook in more detail to determine if there’s still a bargain opportunity. What Is CGI Worth? CGI appears to be overvalued by 32% at the moment, based on my discounted cash flow valuation. The stock is currently priced at CA$122 on the market compared to my intrinsic value of CA$92.55. Not the best news for investors looking to buy! Another thing to keep in mind is that CGI’s share price is quite stable relative to the market, as indicated by its low beta. This means that if you believe the current share price should move towards its intrinsic value over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying […]

Notice of Funding Opportunity(NOFO): Ambassador’s Special Self-Help Program 2023 | Closing: March 31, 2023

Notice of Funding Opportunity(NOFO): Ambassador’s Special Self-Help Program 2023 | Closing: March 31, 2023

Notice of funding Opportunity – genx United States Department of State U.S. Embassy Kampala, Small Grants Office Notice of Funding Opportunity Funding Opportunity Title: Ambassador’s Special Self-Help Program 2023 Funding Opportunity Number: Deadline for Applications : March 31, 2023 Assistance Listing Number: 19.220 Total Amount Available: $50,000 PROJECT DESCRIPTION The U.S. Embassy Kampala Small Grants Office announces an open competition for registered organizations interested in submitting applications for the Ambassador’s Special Self-Help (SSH) Program, which supports small-scale, community-based initiatives that promote self-reliance, foster development, and promise an immediate and dramatic effect on local communities. Projects should also include significant community contributions in cash, labor, or materials. The SSH philosophy is to help communities to help themselves. For the SSH Program in 2023, U.S. Embassy Kampala will prioritize projects that focus on the greatest number of people within a community and in which communities contribute to the project either via funds or labor. All applications will be accepted, but priority will be given to those applications that meet the aforementioned focus areas. Download: Detailed NOFO: Ambassador’s Special Self-Help Program 2023 Download: Budget Template: SSH 2023 BUDGET Annex – log frame and projected Download: Application Form: SSH2023-APPLICATION-FORM-Concept-Note FEDERAL AWARD INFORMATION U.S. […]

Seven Non-Profits to Launch Center for Housing Equity & Opportunity (CHEO) in Eastern CT

Seven Non-Profits to Launch Center for Housing Equity & Opportunity (CHEO) in Eastern CT

Goal of CHEO is to Expand Equitable Access to Housing NEW LONDON, CT – A new Center for Housing Equity & Opportunity (CHEO) in Eastern CT will officially launch on March 16, 2023, to facilitate a coordinated, regional response to address housing affordability in Eastern Connecticut including throughout New London, Windham, and part of Tolland Counties. Modeled after similar efforts in other parts of the state, the new Center will work collaboratively with housing practitioners, residents, municipalities, and policymakers throughout the region to develop a regional housing affordability strategy, and to align, grow, and deliver critical resources including dedicated staff, regional data capacity, and technical assistance to support the preservation, production, and protection of housing affordability regionwide. The CHEO will be a strategic partnership between seven nonprofits brought together by the Community Foundation of Eastern Connecticut. Other founding partners in the Center include Connecticut College, Eastern Connecticut State University, The Housing Collective, Partnership for Strong Communities, Regional Plan Association, and United Way of Southeastern Connecticut. Maryam Elahi is President and CEO of the Community Foundation of Eastern Connecticut. “Simply put, we are stronger together,” says the Community Foundation of Eastern Connecticut’s President and CEO Maryam Elahi, “and together, we […]