Retail Properties of America Inc (RPAI) COO Purchases 2050 Shares of Stock
- Author: Zachary Reyes Jun 02, 2017,
Jun 02, 2017, 22:39
While trading at volume above than average, Retail Properties of America, Inc. The firm bought 7,312 shares of the real estate investment trust's stock, valued at approximately $319,000.
Several other institutional investors have also made changes to their positions in the stock. AEW Capital Management L P raised its stake in Retail Properties of America by 213.9% in the third quarter. Hsbc Holdings PLC now owns 744,504 shares of the real estate investment trust's stock worth $37,858,000 after buying an additional 200,657 shares during the last quarter.
Shares of National Retail Properties, Inc. The stock notched a 12-month high of $17.08 while $18.50 target is by far the most aggressive out of analysts who are now evaluating the company, $1.42 higher than the next highest 52-week price estimate. LMR Partners LLP purchased a new position in National Retail Properties during the third quarter worth about $6,912,000. Over the last quarter, insiders have sold 48,500 shares of company stock worth $2,128,190. DUPONT CAPITAL MANAGEMENT Corp increased its position in National Retail Properties by 1.1% in the third quarter. Cetera Investment Advisers now owns 4,618 shares of the real estate investment trust's stock worth $235,000 after buying an additional 588 shares during the last quarter.
NNN has a 1-year high price of $ 53.60 and 1-year low price of $36.45. The stock is now trading -10.21% below its SMA 50 and -18.69% below its SMA 200. The stock is now -1.23% away from its 50-day simple moving average and -8.78% away from the 200 day average.
Fifth Third Bancorp increased National Retail Pptys Inc (NNN) stake by 81.47% reported in 2016Q4 SEC filing.
The price/earnings ratio (P/E) is 29.01 and the forward P/E ratio stands at 76.88.It has a dividend yield of 5.37%. The real estate investment trust reported $0.60 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.33 by $0.27.
The target price for National Retail Properties, Inc. The business had revenue of $141.43 million for the quarter, compared to analysts' expectations of $141.51 million.
National Retail Properties (NYSE:NNN) last posted its quarterly earnings results on Tuesday, May 2nd. National Retail Properties's revenue was up 11.4% compared to the same quarter previous year. On average, equities analysts expect that National Retail Properties, Inc. will post $1.50 EPS for the current fiscal year.
The company is down since yesterday's close of $38.47. Shareholders of record on Friday, April 28th were issued a dividend of $0.455 per share. The ex-dividend date is Thursday, June 22nd. National Retail Properties's payout ratio is 130.94%. (NYSE:NNN). Jnba Financial Advsr owns 279 shares. If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and global copyright & trademark law.
Shares of Tenneco Inc.
NNN has been the subject of a number of recent research reports. Zacks Investment Research downgraded Retail Properties of America from a "buy" rating to a "hold" rating in a report on Thursday, February 23rd. FBR & Co set a $52.00 price target on shares of National Retail Properties and gave the company a "buy" rating in a report on Tuesday, February 14th. (NYSE:NNN) has "Buy" rating given on Monday, July 11 by Stifel Nicolaus. The stock was acquired at an average cost of $12.61 per share, for a total transaction of $56,745.00. (RPAI) have 240.45 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 15,000 shares valued at $656,469 were sold by WHITEHURST JULIAN E on Monday, April 3. The shares were sold at an average price of $44.39, for a total transaction of $887,800.00. During the trading on 05/31/2017, Company's stock ranged from $57.10 to $55.21. The disclosure for this purchase can be found here. The average analysts gave this company a mean recommendation of 2.30.
Investors of this company earned a return of 2.20% on the assets it owns in past twelve month.