Capital One Financial Analysts Decrease Earnings Estimates for Weingarten Realty Investors (WRI)

Weingarten Realty Investors (NYSE:WRI) – Research analysts at Capital One Financial cut their FY2017 earnings per share (EPS) estimates for shares of Weingarten Realty Investors in a research report issued on Monday. Capital One Financial analyst C. Lucas now forecasts that the real estate investment trust will post earnings of $2.44 per share for the year, down from their previous forecast of $2.45.

Several other equities analysts have also recently commented on WRI. Zacks Investment Research cut Weingarten Realty Investors from a “hold” rating to a “sell” rating in a research report on Saturday, February 10th. ValuEngine cut Weingarten Realty Investors from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. SunTrust Banks upgraded Weingarten Realty Investors from a “hold” rating to a “buy” rating in a research report on Monday, January 22nd. They noted that the move was a valuation call. JPMorgan Chase & Co. reduced their target price on Weingarten Realty Investors from $35.00 to $34.00 and set a “neutral” rating for the company in a research report on Monday, October 30th. Finally, Boenning Scattergood set a $30.00 target price on Weingarten Realty Investors and gave the stock a “sell” rating in a research report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Weingarten Realty Investors has a consensus rating of “Hold” and an average target price of $33.50.

Weingarten Realty Investors (WRI) opened at $26.70 on Thursday. Weingarten Realty Investors has a 52-week low of $25.96 and a 52-week high of $36.78. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market capitalization of $3,472.71, a PE ratio of 11.08, a P/E/G ratio of 2.82 and a beta of 0.53.

Hedge funds have recently modified their holdings of the business. Brown Advisory Inc. lifted its stake in Weingarten Realty Investors by 90.6% during the third quarter. Brown Advisory Inc. now owns 28,920 shares of the real estate investment trust’s stock worth $918,000 after purchasing an additional 13,747 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in Weingarten Realty Investors by 11.1% during the third quarter. Oppenheimer Asset Management Inc. now owns 40,490 shares of the real estate investment trust’s stock worth $1,285,000 after purchasing an additional 4,045 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Weingarten Realty Investors by 2.7% during the third quarter. Dimensional Fund Advisors LP now owns 1,764,457 shares of the real estate investment trust’s stock worth $56,005,000 after purchasing an additional 45,815 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Weingarten Realty Investors by 75.5% during the third quarter. Russell Investments Group Ltd. now owns 1,383,769 shares of the real estate investment trust’s stock worth $43,929,000 after purchasing an additional 595,232 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Weingarten Realty Investors by 50.4% during the third quarter. Sei Investments Co. now owns 480,687 shares of the real estate investment trust’s stock worth $15,257,000 after purchasing an additional 161,019 shares during the last quarter. 79.29% of the stock is owned by hedge funds and other institutional investors.

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Weingarten Realty Investors Company Profile

Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers.

Earnings History and Estimates for Weingarten Realty Investors (NYSE:WRI)

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