Technical Perspectives on GGP Inc., DDR Corp., Kimco Realty, and Weingarten Realty Investors
NEW YORK, Dec. 27, 2017 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on GGP, DDR, KIM, and WRI which can be accessed for free by signing up to http://www.wallstequities.com/registration. Seeking Alpha reported that retailers got a huge Christmas present from the tax reform package. After getting hammered in early 2017 amid a wave of store closures, Retail REITs have rallied into year-end, as per the article. In addition, the sentiment remains too negative and could reverse after the holiday season. This morning, WallStEquities.com redirects investors' attention to four industry players: GGP Inc. (NYSE: GGP), DDR Corp. (NYSE: DDR), Kimco Realty Corp. (NYSE: KIM), and Weingarten Realty Investors (NYSE: WRI). All you have to do is sign up today for this free limited time offer, click the link below. http://www.wallstequities.com/registration
GGP Inc.
Shares in Chicago, Illinois-based GGP Inc. rose 0.34%, ending Tuesday's trading session at $23.48. The stock recorded a trading volume of 4.65 million shares. The Company's shares have gained 0.56% in the last one month and 11.60% over the last three months. The stock is trading 5.06% and 4.71% above its 50-day and 200-day moving averages, respectively. Moreover, shares of GGP Inc., which invests in the real estate markets of the US, have a Relative Strength Index (RSI) of 59.10. Get the full research report on GGP for free by clicking below at: http://www.wallstequities.com/registration/?symbol=GGP
DDR Corp.
Beachwood, Ohio-based DDR Corp.'s stock climbed 1.26%, closing the day at $8.81 with a total trading volume of 3.81 million shares. The Company's shares have advanced 10.68% in the past month. The stock is trading 8.80% above its 50-day moving average. Additionally, shares of DDR Corp., which invests in the real estate markets of the US and Puerto Rico, have an RSI of 65.06.
On December 14th, 2017, DDR Corp. ("DDR") announced that its Board of Directors has unanimously approved a plan to spin off a portfolio of 50 assets, comprised of 38 Continental US assets and the entirety of the Puerto Rico portfolio, into a separate publicly-traded REIT, to be named Retail Value Trust ("RVT"). RVT will be externally managed by DDR for maximum cost efficiency. It will be capitalized with committed mortgage financing of $1.35 billion expected to fund in early 2018.
On December 20th, 2017, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'. Access the free research report on DDR now by signing up at: http://www.wallstequities.com/registration/?symbol=DDR
Kimco Realty
On Tuesday, shares in New Hyde Park, New York-based Kimco Realty Corp. recorded a trading volume of 1.75 million shares. The stock ended the day 1.28% higher at $18.25. The Company's shares are trading below their 50-day moving average by 2.19%. Furthermore, shares of Kimco Realty, which engages in acquisitions, development, and management of neighborhood and community shopping centers, have an RSI of 47.95.
On December 04th, 2017, Kimco Realty announced that it will report its Q4 2017 earnings on February 15th, 2018, before market opens. The quarterly earnings conference call will be broadcast live at 10:00 a.m. EST that same day on the Company's investor website.
On December 15th, 2017, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. Are you already registered with Wall St. Equities? Do so now for free, and get the report on KIM at: http://www.wallstequities.com/registration/?symbol=KIM
Weingarten Realty Investors
Houston, Texas-based Weingarten Realty Investors' stock rose 1.30%, finishing yesterday's session at $32.67 with a total trading volume of 402,010 shares. The Company's shares have advanced 0.72% in the last one month and 2.85% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.12% and 4.04%, respectively. Additionally, shares of the Company, which engages in ownership, management, acquisition, development and redevelopment, have an RSI of 58.84.
On December 11th, 2017, Weingarten Realty Investors announced that its Board of Trust Managers declared a special cash dividend of $0.75 per common share, payable on December 29th, 2017 to shareholders of record on December 26th, 2017. The Company estimates that the special dividend will consist primarily of gains on dispositions of properties.
On December 14th, 2017, research firm Boenning & Scattergood upgraded the Company's stock rating from 'Under Perform' to 'Neutral'. Aspiring Member, please take a moment to register below for your free research report on WRI at: http://www.wallstequities.com/registration/?symbol=WRI
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