Pennsylvania Real Estate Investment Trust's payout ratio is -64.12%.
Other investment firms and many large funds lately purchased and unloaded stocks of the company. Madden Advisory Services Inc. bought a new stake in shares of Washington Real Estate Investment Trust during the first quarter worth about $131,000.
As of the last earnings report the EPS was $-0.47 and is estimated to be $-0.04 for the current year with 69,208,000 shares presently outstanding. As of the end of the quarter Ameriprise Financial Inc had bought a total of 526 shares growing its stake by 0.1%. Louisiana State Employees Retirement System now owns 28,300 shares of the real estate investment trust's stock worth $428,000 after buying an additional 300 shares in the last quarter. Tiaa Cref Investment Management LLC grew its position by buying 71,164 shares an increase of 36.5% in the quarter. Hancock Holding Co. boosted its stake in shares of Ares Commercial Real Estate Corporation by 26.0% in the first quarter. Creative Planning now owns 6,261 shares of the real estate investment trust's stock worth $196,000 after buying an additional 3,278 shares in the last quarter. The Company owns a diversified portfolio of office buildings, multifamily buildings and retail centers.
Shares of Washington Real Estate Investment Trust (WRE) traded down 0.52% during mid-day trading on Friday, reaching $32.54. Proshare Advisors Limited Liability Co accumulated 19,465 shares or 0% of the stock. The company had revenue of $62.22 million during the quarter, compared to analyst estimates of $63.75 million.
IGB REAL ESTATE INVESTMENT TRUST (5227.KL) are being monitored this week as the Schaff Trend Cycle levels have shown a consistent uptrend over the course of the past 5 trading sessions. Take a look at most well known 200-day moving average which averages prices over the past 200 days. The firm had revenue of $89.25 million for the quarter, compared to the consensus estimate of $95.60 million. The company made Return on equity of 5.30% in last 12 months period. Stockholders of record on Friday, September 29th will be issued a dividend of $0.27 per share. Analyst established EPS growth expected to grow of 54.80% for this year and EPS growth for next year is likely to attain at 15.94%. It has a dividend yield of 7.47%. The ex-dividend date is Wednesday, August 30th. Wells Fargo & Company assumed coverage on KKR Real Estate Finance Trust in a research note on Tuesday, May 30th.
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A number of analysts recently issued reports on PEI shares. National Securities restated a "buy" rating and set a $16.50 price target on shares of Monmouth Real Estate Investment Corporation in a report on Thursday, May 4th. The consensus rating is 2.2, suggesting the market has given up on the stock. Boenning Scattergood cut shares of Pennsylvania Real Estate Investment Trust from an "outperform" rating to a "neutral" rating in a report on Monday, May 15th.
Ratings analysis reveals 80% of Monmouth Real Estate Investment Corporation's analysts are positive. The stock now has an average rating of "Hold" and an average price target of $14.07. The analyst recommendations from a month ago are 3 Buy, 0 Overweight, 0 Sell, 3 Hold and 0 Underweight. The stock's average target of $15.75 is 5.70% above today's ($14.9) share price. The stock was purchased at an average cost of $13.04 per share, for a total transaction of $130,400.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.