DDR Corp. (NYSE:DDR)‘s stock had its “hold” rating restated by equities researchers at SunTrust Banks, Inc. in a research report issued on Friday. They presently have a $10.00 target price on the real estate investment trust’s stock. SunTrust Banks, Inc.’s target price points to a potential upside of 26.26% from the company’s current price.

A number of other equities analysts have also recently commented on DDR. BidaskClub raised shares of DDR Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Deutsche Bank AG upgraded shares of DDR Corp. from a “hold” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $13.00 in a research report on Thursday, July 27th. Boenning Scattergood reiterated a “hold” rating on shares of DDR Corp. in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of DDR Corp. from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Finally, KeyCorp reiterated a “buy” rating and issued a $13.00 price objective on shares of DDR Corp. in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. DDR Corp. has an average rating of “Hold” and an average price target of $12.42.

DDR Corp. (NYSE:DDR) opened at $7.92 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.65 and a quick ratio of 1.65. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 6.92, a PEG ratio of 1.46 and a beta of 0.76.

DDR Corp. (NYSE:DDR) last announced its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $220.10 million for the quarter, compared to analysts’ expectations of $218.58 million. DDR Corp. had a net margin of 1.11% and a return on equity of 3.44%. The company’s quarterly revenue was down 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.33 EPS. equities research analysts predict that DDR Corp. will post 1.14 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently modified their holdings of DDR. Dimensional Fund Advisors LP boosted its position in shares of DDR Corp. by 1.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,221,527 shares of the real estate investment trust’s stock worth $52,895,000 after purchasing an additional 50,804 shares in the last quarter. UBS Group AG boosted its position in shares of DDR Corp. by 2.9% during the 1st quarter. UBS Group AG now owns 103,451 shares of the real estate investment trust’s stock worth $1,297,000 after purchasing an additional 2,911 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of DDR Corp. by 402.1% during the 1st quarter. Renaissance Technologies LLC now owns 601,479 shares of the real estate investment trust’s stock worth $7,537,000 after purchasing an additional 481,679 shares in the last quarter. BlackRock Inc. boosted its position in shares of DDR Corp. by 4,057.9% during the 1st quarter. BlackRock Inc. now owns 20,681,069 shares of the real estate investment trust’s stock worth $259,135,000 after purchasing an additional 20,183,679 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of DDR Corp. by 3.8% in the 1st quarter. Bank of America Corp DE now owns 1,314,206 shares of the real estate investment trust’s stock worth $16,467,000 after buying an additional 47,795 shares in the last quarter. Institutional investors own 80.26% of the company’s stock.

About DDR Corp.

DDR Corp. is a self-administered and self-managed real estate investment trust. It operates through two segments: shopping centers and loan investments. It is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. As of December 31, 2016, it owned and managed approximately 106 million total square feet of gross leasable area (GLA).

Analyst Recommendations for DDR Corp. (NYSE:DDR)

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