If you are reading this story on another publication, it was stolen and republished in violation of United States and worldwide copyright & trademark legislation. It dived, as 28 investors sold DDR shares while 70 reduced holdings.
Several research firms have issued reports on DDR. CrestPoint Capital Management LLC purchased a new stake in shares of DDR Corp. during the first quarter worth approximately $165,000.
Nisa Investment Advisors, LLC downsized its position by shedding 11,850 shares a decrease of 25.2% in the quarter. The shares were bought on June 2nd for an average price of $8.83. Koch Industries Inc. bought a new position in shares of DDR Corp. during the first quarter valued at about $165,000. World Asset Management Inc increased its position in DDR Corp.by 2.0% in the first quarter. At the time of writing, Shares the company recently traded 20.59% away 52-week low and noted price movement -50.90% away from the 52-week high level. (DDR) traded up 0.051% during midday trading on Tuesday, hitting $9.725. The company's stock had a trading volume of 1,000,639 shares. Trading volume for DDR Corp. was 3,679K on Thursday. Looking at some moving average levels on shares of VICEROY HOTELS LTD. (VICEROY.BO), the 200-day is at 20.58, the 50-day is 19.87, and the 7-day is sitting at 19.33. Fifth Third Bankshares holds 0% of its portfolio in DDR Corp (NYSE:DDR) for 1,620 shares. (NYSE:DDR) last posted its quarterly earnings data on Tuesday, April 25th. The real estate investment trust reported $0.30 EPS for the quarter, beating the Zacks' consensus estimate of $0.29 by $0.01.
9 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 212.74 million while high and low sale targets are estimated at 232.23 million and 196 million respectively. That value represents a market adjusting for revenues that have been falling by -5.50 % on a quarterly year/year basis as of the company's last quarterly report. During the same period in the previous year, the firm earned $0.31 earnings per share. Analysts expect that DDR Corp. will post ($0.15) EPS for the current fiscal year. Investors of record on Thursday, June 15th were given a dividend of $0.19 per share. The ex-dividend date was Tuesday the 13th of June 2017. The 14-day RSI is presently standing at 69.13, the 7-day sits at 80.97, and the 3-day is resting at 94.85.
Let's have a look at some of the important valuation ratios of the DDR Corp. Over the past 2 quarters, DDR Corp.
05/15/2017 - DDR Corp. was upgraded to "neutral" by analysts at Boenning & Scattergood. If you are reading this piece on another publication, it was copied illegally and republished in violation of USA & global copyright and trademark laws. The original version of this story can be read at https://www.com-unik.info/2017/07/20/ddr-corp-ddr-lifted-to-hold-at-bidaskclub.html.
More notable recent DDR Corp (NYSE:DDR) news were published by: Seekingalpha.com which released: "DDR Corp.: Time To Go Long" on July 09, 2017, also Seekingalpha.com with their article: "Is DDR A Value Trap?" published on June 23, 2017, Prnewswire.com published: "DDR's Second Quarter 2017 Earnings Conference Call to be Held on Wednesday ..." on June 26, 2017. Out of the analyst recommendations 1 rate DDR Corp (NYSE:DDR) stock a Buy, 3 rate the stock Outperform, 17 rate Hold, 1 rate Underperform and 0 recommend a Sell.
Stock market analysts and brokers have recently amended their target prices on shares of DDR Corp. Morgan Stanley raised shares of DDR Corp. from an underweight rating to an equal weight rating and set a $14.00 price objective on the stock in a research report on Monday, March 6th. Citigroup maintained DDR Corp (NYSE:DDR) rating on Friday, August 12.
In related news, Director Terrance R. Ahern purchased 59,000 shares of the business's stock in a transaction dated Thursday, June 22nd. Director Terrance R. Ahern acquired 59,000 shares at an average price of $8.47 on Thursday the 22nd. Following the acquisition, the director now directly owns 44,509,893 shares of the company's stock, valued at $423,734,181.36. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. David R. Lukes, President & CEO bought $502,200 worth of shares at an average price of $8.37 on Wednesday the 21st. Following the completion of the acquisition, the chief executive officer now directly owns 432,948 shares of the company's stock, valued at approximately $3,623,774.76. The disclosure for this purchase can be found here. Insiders acquired 1,357,325 shares of company stock worth $12,714,410 over the last three months.
DDR Corp.is a self-administered and self-managed real estate investment trust. It operates through two divisions: shopping centers and loan investments.