Published: Wed, June 28, 2017
Business | By Max Garcia

Just the Facts on Pennsylvania Real Estate Investment Trust (PEI)

Just the Facts on Pennsylvania Real Estate Investment Trust (PEI)

Graham Wilkes Jackson sold $29,187 worth of Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) on Wednesday, March 29.

As of the end of the quarter Morgan Stanley had disposed of 213 shares trimming its stake by 94.7%.

Investors may be interested in following the opinion signal on shares of Alexandria Real Estate Equities (ARE). It turned negative, as 22 investors sold Washington Real Estate Investment Trust shares while 68 reduced holdings. Also, the number of active investment managers holding Alexandria Real Estate Equities Inc in their top 10 stock positions was flat from 4 to 4 for the same number. $27,385 worth of Alexandria Real Estate Equities Inc (NYSE:ARE) shares were sold by Cain James P. 13,000 shares were sold by MARCUS JOEL S, worth $1.41M.

Pacific Heights Asset Management Llc increased Investors Real Estate Tr (IRET) stake by 2.08% reported in 2016Q4 SEC filing. Lastly, National Securities restated a "buy" recommendation and given a $16.50 price objective on the stock of Monmouth Real Estate Investment Corporation in a study note published on early Thur, May 4th. Zacks Investment Research downgraded shares of Alexandria Real Estate Equities from a "hold" rating to a "sell" rating in a research note on Tuesday, April 4th. The SI to Wheeler Real Estate Investment T's float is 0.73%. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 17.65% with $67.76 Million sitting short, betting on future declines.

The stock increased 1.26% or $0.05 on June 23, reaching $4.01. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 47.41 and a beta of 0.59. The stock was recently seen at the 6.10 level, which is now 9.86% away from the 52-week low price. Dream Office Real Estate Investment Trust has $29.50 highest and $16.75 lowest target.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Monday, May 1st.

Wheeler Real Estate Investment Trust, Inc. had its "mkt perform" rating reiterated by analysts at JMP Securities. Alexandria Real Estate Equities had a positive return on equity of 0.22% and a negative net margin of 5.03%. The business had revenue of $89.26 million during the quarter, compared to the consensus estimate of $97.98 million. During the same period in the previous year, the firm posted $1.34 EPS. The business's quarterly revenue was up 25.4% compared to the same quarter past year.

Media analysis about Monmouth Real Estate Investment Corporation (NYSE:MNR) has been gaining in popularity on early Tue, according to Accern media research.

Also, the company announced a periodic dividend, to be paid on Early Thur, Jun 15th. Stockholders of record on Friday, June 30th will be given a $0.86 dividend. The share price was last seen 3.98% higher, reaching at $11.5 on Jun. 26, 2017. Alexandria Real Estate Equities's dividend payout ratio (DPR) is now -198.80%.

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Several research analysts have issued reports on the company. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.02. J P Morgan Chase & Co decreased their target price on Pennsylvania Real Estate Investment Trust from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Wednesday, March 22nd. Evercore maintained Alexandria Real Estate Equities Inc (NYSE:ARE) rating on Tuesday, September 8. The rating was maintained by Mizuho with "Buy" on Friday, July 8. Maxim Group maintained the shares of WHLR in report on Wednesday, March 1 with "Buy" rating. This is based on a scale where a 5 would indicate a Strong Buy, a 4 would equal a Moderate Buy, 3 a hold, 2 a moderate sell, and a rating of 1 would indicate a Strong Sell. The stock now has an average rating of "Hold" and an average price target of $18.80. Analysts may provide estimates and recommendations on stocks that they cover. A stock price loss will yield a negatively weighted alpha. Investors are often paying close attention to stock price support and resistance levels. On May 18 the stock rating was upgraded from "Neutral" to "Buy" by DA Davidson. About 148 shares traded. Security Trust invested in 0% or 50 shares. The disclosure for this sale can be found here. When we look at the Volatility of the company, Week Volatility is at 4.68% whereas Month Volatility is at 5.16%.

Wheeler Real Estate Investment Trust, Inc.

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