Markets

Worth Watching Stock: Pennsylvania Real Estate Investment (NYSE:PEI)

Worth Watching Stock: Pennsylvania Real Estate Investment (NYSE:PEI)

"Moreover, its solid portfolio, well-capitalized tenants and capital-recycling program are likely to drive growth".

A number of equities research analysts have commented on PEI shares. Earnings surprises can have a huge impact on a company's stock price. August 24 investment analysts at BMO Capital held the company rating at "Outperform" but moved down the price target from $13.00 to $11.50. Meanwhile, due to an ongoing pressure which caused a decline of nearly -3.83% in the past five days, the stock price is now down -31.42% so far on the year - still in weak territory. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. They now have a Dollars 10.5 price target on the stock. (NYSE:DDR) traded down 1.443% during mid-day trading on Tuesday, hitting $8.535. HEILIG KATHY sold $1.15 million worth of stock or 22,500 shares. The lowest target is $2 while the high is $2.50. The stock's 50 day moving average is $11.41 and its 200 day moving average is $15.47. Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances. Pennsylvania Real Estate Investment Trust had a negative return on equity of 1.78% and a negative net margin of 3.49%. (NYSE:DDR) last announced its earnings results on Tuesday, April 25th.

Pennsylvania Real Estate Investment Trust (PEI) is an interesting player in the Financial space, with a focus on REIT - Retail. Revenue for the quarter also did not kill consensus, coming in at $57.44M, compared to the consensus of 61.46M. Macquarie Group stated it has 0.03% in DDR Corp (NYSE:DDR).

Quarterly Revenue growth year over year is -12.2 Percent. Shareholders of record on Thursday, June 15th will be issued a $0.30 dividend. While in the same Quarter Previous year, the Actual EPS was $0.06. The ex-dividend date of this dividend is Tuesday, June 13th.




COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Stock Observer and is the property of of Stock Observer. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of U.S. and worldwide trademark and copyright laws. The firm has "Buy" rating given on Friday, January 27 by Wunderlich. The shares were acquired at an average price of $9.48 per share, for a total transaction of $1,611,600.00. Following the transaction, the director now owns 33,060 shares in the company, valued at approximately $355,725.60. Float is the number of shares available for trading of a particular stock. They now have a Dollars 6.5 price target on the stock. The disclosure for this purchase can be found here.

Investors may be circling the wagons wondering what's in store for the stock market over the next few months. Public Employees Retirement System of OH boosted its stake in shares of DDR Corp.by 0.5% in the first quarter. Credit Agricole S A increased its position in Pennsylvania Real Estate Investment Trust by 6.6% in the fourth quarter.

Shares of Fitbit, Inc. Monmouth Real Estate Investment Corporation is a fully integrated and self-managed real estate company, whose property portfolio consists of 101 properties containing a total of approximately 16.9 million rentable square feet, geographically diversified across 30 states. For the current quarter Pennsylvania Real Estate Investment (NYSE:PEI) has high EPS estimates of $0.02 in contradiction of low EPS estimates of $-0.11. Pennsylvania Real Estate Investment Trust's dividend payout ratio is now -182.61%. Institutional investors and hedge funds own 82.40% of the company's stock. AMANAHRAYA REAL ESTATE INVESTMENT TRUST (5127.KL) now has a 14-day Commodity Channel Index (CCI) of 30.43. It operates through two divisions: shopping centers and loan investments. The Firm focuses on acquiring and managing retail properties with a primary focus on grocery-anchored centers.


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