Rouse Properties COO Acquires $49,987 in Stock (RSE)
Rouse Properties (NYSE:RSE) COO Benjamin Schall acquired 3,134 shares of Rouse Properties stock on the open market in a transaction dated Wednesday, June 4th. The stock was purchased at an average price of $15.95 per share, for a total transaction of $49,987.30. Following the acquisition, the chief operating officer now directly owns 145,013 shares in the company, valued at approximately $2,312,957. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Rouse Properties (NYSE:RSE) traded up 1.57% on Thursday, hitting $16.20. 223,815 shares of the company’s stock traded hands. Rouse Properties has a one year low of $15.72 and a one year high of $25.26. The stock’s 50-day moving average is $16.62 and its 200-day moving average is $18.66. The company’s market cap is $931.8 million.
Rouse Properties (NYSE:RSE) last released its earnings data on Monday, May 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. Analysts expect that Rouse Properties will post $1.59 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date of this dividend is Friday, July 11th.
RSE has been the subject of a number of recent research reports. Analysts at KeyCorp initiated coverage on shares of Rouse Properties in a research note on Monday, April 14th. They set a “hold” rating on the stock. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Rouse Properties in a research note on Tuesday, April 1st. They set a “hold” rating on the stock. Finally, analysts at MLV & Co
initiated coverage on shares of Rouse Properties in a research note on Tuesday, March 25th. They set a “hold” rating and a $19.00 price target on the stock.
Rouse Properties, Inc (NYSE:RSE) is a real estate investment trust (REIT) company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.