Institutional Investor Sentiment About Reading International Inc (NASDAQ:RDI) Increased

June 16, 2018 - By Winifred Garcia

Sentiment for Reading International Inc (NASDAQ:RDI)

Reading International Inc (NASDAQ:RDI) institutional sentiment decreased to 1.04 in 2018 Q1. Its down -0.66, from 1.7 in 2017Q4. The ratio dropped, as 27 active investment managers started new and increased holdings, while 26 sold and trimmed equity positions in Reading International Inc. The active investment managers in our partner’s database now hold: 7.46 million shares, up from 7.22 million shares in 2017Q4. Also, the number of active investment managers holding Reading International Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 5 Reduced: 21 Increased: 19 New Position: 8.

Reading International, Inc. engages in the development, ownership, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company has market cap of $381.41 million. The firm operates in two divisions, Cinema Exhibition and Real Estate. It has a 11.94 P/E ratio. The Cinema Exhibition segment operates multiplex cinemas.

The stock decreased 0.31% or $0.05 during the last trading session, reaching $15.91. About 57,290 shares traded or 33.33% up from the average. Reading International, Inc. (NASDAQ:RDI) has declined 3.37% since June 16, 2017 and is downtrending. It has underperformed by 15.94% the S&P500.

Analysts await Reading International, Inc. (NASDAQ:RDI) to report earnings on August, 14. They expect $0.17 EPS, down 41.38 % or $0.12 from last year’s $0.29 per share. RDI’s profit will be $4.08M for 23.40 P/E if the $0.17 EPS becomes a reality. After $0.13 actual EPS reported by Reading International, Inc. for the previous quarter, Wall Street now forecasts 30.77 % EPS growth.

Eidelman Virant Capital holds 4.04% of its portfolio in Reading International, Inc. for 371,600 shares. White Pine Capital Llc owns 113,755 shares or 0.7% of their US portfolio. Moreover, Wilen Investment Management Corp. has 0.68% invested in the company for 61,042 shares. The New York-based Teton Advisors Inc. has invested 0.67% in the stock. Van Den Berg Management I Inc, a Texas-based fund reported 276,377 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $1.25 million activity.

More news for Reading International, Inc. (NASDAQ:RDI) were recently published by: Gurufocus.com, which released: “Arnold Van Den Berg Picks Up 4 Stocks in 1st Quarter” on June 07, 2018. Nasdaq.com‘s article titled: “Detailed Research: Economic Perspectives on ExlService, Reading International, SMART Global, Silvercorp Metals …” and published on June 05, 2018 is yet another important article.

Reading International, Inc. (NASDAQ:RDI) Ratings Chart

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