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Excel Trust (NYSE:EXL) CEO Gary B. Sabin bought 1,000 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was purchased at an average price of $12.94 per share, with a total value of $12,940.00. Following the completion of the acquisition, the chief executive officer now directly owns 454,054 shares of the company’s stock, valued at approximately $5,875,459. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Separately, analysts at Zacks upgraded shares of Excel Trust from an “underperform” rating to a “neutral” rating in a research note on Thursday, August 7th. They now have a $13.10 price target on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Excel Trust currently has an average rating of “Hold” and an average target price of $13.40.

Excel Trust (NYSE:EXL) traded down 1.16% during mid-day trading on Thursday, hitting $12.75. 427,002 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’s 50-day moving average is $12.92 and its 200-day moving average is $12.86. The company has a market cap of $779.2 million and a P/E ratio of 72.47.

Excel Trust (NYSE:EXL) last issued its quarterly earnings data 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.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 5.43%. The ex-dividend date is Friday, September 26th.

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

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