On March 1st, Radius Global Infrastructure (NASDAQ:RADI) reported its quarterly earnings results and the figures were not impressive. The company had a negative return on equity of 11.97% and an extremely low negative net margin of 69.98%. However, despite these low results, Swiss National Bank still increased its holdings in the company by 4.7%.
According to the latest filing with the Securities and Exchange Commission, Swiss National Bank owned 195,600 shares of Radius Global Infrastructure worth $2,312,000 at the end of the fourth quarter. This equated to 0.21% ownership of the company after acquiring an additional 8,700 shares.
Such movement from large institutional investors is always closely monitored by market observers as it provides insights into investor sentiment towards a particular company. Particularly newsworthy is when an investor buys or sells a large number of shares or increases their holding significantly.
Radius Global Infrastructure has come under scrutiny due to their recent financial performance; however, it seems that Swiss National Bank sees potential in this company’s future growth prospects. Notably, Radius Global Infrastructure beat analyst expectations for revenue with $36.99 million for their most recent quarter against forecasted revenues at $34.26 million.
Investors remain optimistic about future earnings results for Radius Global Infrastructure since analysts are predicting positive EPS at $0.15 for this fiscal year.
Despite volatility in global markets over recent years affecting many different sectors across the investment landscape – both domestically and globally- this uptick in Swiss National Bank’s holdings within RADI illustrates confidence within institutional players towards opportunities currently available on US listed exchanges like NASDAQ.
As always when considering investment decisions investors should undertake extensive analysis based on multiple sources before allocating any capital towards a specific asset class or stock market security.
In conclusion, while there is no guarantee about future returns on equity for investors invested in Radius Global Infrastructure (NASDAQ:RADI), it is once again becoming clear that Swiss National Bank perceives the company to have growth potential. For those looking to invest in this particular company, it would be advisable to keep an eye on future news and earnings reports, and maybe also ensure you have your investment thesis ready to go!
The world of finance is never dull, and recent news in the sector have once again proven this fact. Among the businesses to make headlines lately, we find Radius Global Infrastructure. This company has been attracting a considerable amount of attention from institutional investors and hedge funds. Indeed, several of them have decided to buy or sell shares in RADI.
One example is Arizona State Retirement System, which has recently raised its stake in the infrastructure company by 6.7% during Q4 2020. The institution now possesses 22,852 shares worth $270,000 – an increase of more than 1,400 stocks compared to the previous period. Furthermore, Envestnet Asset Management Inc., another notable player in the hedge fund industry, has also reported an upward trend with a positive growth rate of 12.7% in terms of stock purchase during Q4 2020 – adding over 7,600 additional shares with a value worth $805,000 today.
Mizuho Markets Americas LLC followed suit by gaining an additional 2.6%, while SG Americas Securities LLC grew its position by 8.5%. Lastly but not least importantly, Bailard Inc., a newcomer into RADI’s shareholder club secured a new position worth around $428k during the fourth quarter.
The level of activity from these investors demonstrates that there is significant interest surrounding Radius Global Infrastructure shares at present. A fact highlighted further when considering that institutional investors and hedge funds already hold approximately 94% of all RADI company stock – quite impressive indeed.
Delving deeper into RADI’s market activity shows that on Thursday (25th March), shares opened at $14.78 each which has been quite consistent. What’s more impressive though are their movement characteristics; despite coronavirus-induced financial turmoil wreaking havoc on numerous other businesses across America and worldwide since March last year – both yearly high ($16.52) and low ($7.97) have been reached within the digital age.
It is important to note that Radius Global Infrastructure, Inc., has a market capitalization of $1.60 billion and a price-to-earnings ratio of -9.60 with a beta of 1.64 – indicating volatility in share prices. The company’s 50-day average moving price is $14.67 and its two-hundred day average moving price is $13.23.
All in all, RADI seems an attractive stock for investors seeking potential growth opportunities in this tumultuous financial landscape, especially given its impressive track record over the past year despite exceptional conditions.
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