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Excel Trust (NYSE:EXL) announced a quarterly dividend on Wednesday, July 30th, American Banking News reports. Investors of record on Tuesday, September 30th will be paid a dividend of 0.175 per share on Wednesday, October 15th. This represents a $0.70 annualized dividend and a dividend yield of 5.47%.

On the ratings front, analysts at Zacks downgraded shares of Excel Trust from a “neutral” rating to an “underperform” rating in a research note on Monday, July 7th. They now have a $12.30 price target on the stock. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $13.16.

Shares of Excel Trust (NYSE:EXL) traded down 1.01% on Wednesday, hitting $12.79. 203,083 shares of the company’s stock traded hands. Excel Trust has a 52 week low of $10.96 and a 52 week high of $13.94. The stock has a 50-day moving average of $13.21 and a 200-day moving average of $12.60. The company has a market cap of $619.7 million and a P/E ratio of 61.23.

Excel Trust (NYSE:EXL) last announced its earnings results on Wednesday, July 30th. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.20 by $0.04. The company had revenue of $30.60 million for the quarter, compared to the consensus estimate of $30.89 million. During the same quarter last year, the company posted $0.22 earnings per share. Excel Trust’s revenue was up 13.3% compared to the same quarter last year. On average, analysts predict that Excel Trust will post $0.81 earnings per share for the current fiscal year.

Excel Trust, Inc is a vertically integrated, self-administered, self-managed real estate investment trust (NYSE:EXL).

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