Ramco-Gershenson Properties Trust (NYSE:RPT) Releases FY17 Earnings Guidance

Virginia Retirement Systems Et Al acquired 37,900 shares as Ramco (RPT)’s stock declined 20.06%. The real estate investment trust reported $0.35 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.01, Bloomberg Earnings reports. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 32.44 and a beta of 0.71. The stock decreased 2.21% or $0.3 during the last trading session, reaching $13.3. Sei Investments Company accumulated 0.01% or 118,379 shares.

Ramco-Gershenson Properties Trust (NYSE:RPT) last released its quarterly earnings data on Tuesday, August 1st. It has underperformed by 42.29% the S&P500.

Lombardia Capital Partners Llc increased Ramco (RPT) stake by 14% reported in 2016Q4 SEC filing. Omers Administration Corp bought 144,705 shares as the company’s stock 0.00%.

A number of other hedge funds also recently added to or reduced their stakes in the company. Moreover, Prentiss Smith & Co Inc has 3.71% invested in the company for 128,494 shares. It is 0.00% or $0 reaching $0 per share. It has underperformed by 43.16% the S&P500.

Investors sentiment increased to 1.6 in Q4 2016. Its down 0.17, from 1.57 in 2016Q3. 125 funds opened positions while 283 raised stakes. Guggenheim Cap Limited Company has 25,975 shares for 0% of their portfolio. Sumitomo Mitsui Trust Holdings, Inc. controls 77,655 shares with a value of $1,002,000. Thrivent Fincl For Lutherans invested in 11,760 shares. Service Automobile Association owns 310,710 shares.

Tiaa Cref Mgmt Limited Liability owns 359,365 shares for 0% of their portfolio. Metropolitan Life Ny stated it has 15,960 shares or 0% of all its holdings. Engineers Gate Manager Limited Partnership has invested 0.08% in WCI Communities Inc (NYSE:WCIC). Kcg Hldgs Incorporated reported 10,471 shares. National Bank & Trust Of Mellon invested 0.13% of its portfolio in American Tower Corp (NYSE:AMT). One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Therefore 50% are positive. Deutsche Bank downgraded the shares of RPT in report on Monday, January 9 to “Hold” rating.

The company is down from yesterday’s close of $13.87. On Monday, June 12 the stock rating was downgraded by Raymond James to “Market Perform”. The firm has “Underperform” rating by Boenning & Scattergood given on Tuesday, June 28. The company was initiated on Wednesday, August 31 by JMP Securities. The firm has “Buy” rating given on Wednesday, February 22 by Stifel Nicolaus. The firm has “Buy” rating by Sidoti given on Friday, May 20. Piper Jaffray maintained Bank of Hawaii Corporation (NYSE:BOH) on Monday, July 24 with “Hold” rating. Boenning Scattergood set a $13.00 price target on Ramco-Gershenson Properties Trust and gave the stock a “sell” rating in a research note on Thursday. Its position was valued at $22,558,000 a decrease of 38.7% according to the filing. Cerner Corporation (CERN) has risen 19.54% since August 10, 2016 and is uptrending. BlackRock Inc. now owns 10,374,857 shares of the real estate investment trust’s stock worth $145,455,000 after buying an additional 10,230,328 shares during the period.

Investors sentiment decreased to 1.4 in Q4 2016. Its down 0.17, from 1.57 in 2016Q3. Aqr Cap Mngmt Ltd reported 73,391 shares or 0% of all its holdings. Mutual Of America Capital Management Lc has invested 0.14% of its portfolio in American Tower Corp (NYSE:AMT).

Previously on Thursday June 29, 2017, KeyCorp released a statement about Ramco-Gershenson Properties Trust (NYSE:RPT) reduced the target price from $18.00 to $16.00. With 1.14 million avg volume, 3 days are for Ramco-gershenson Properties Trust (NYSE:RPT)’s short sellers to cover RPT’s short positions. State Street owns 2.51 million shares. Cubist Systematic Strategies Limited Co accumulated 10,689 shares or 0.01% of the stock. Advsr Asset Management, a Colorado-based fund reported 39,451 shares.

Ramco-Gershenson Properties Trust (NYSE:RPT) opened at 13.87 on Thursday. Prtn Ltd Com invested in 167,600 shares or 0.59% of the stock. ValuEngine downgraded Ramco-Gershenson Properties Trust from a buy rating to a hold rating in a research report on Friday, June 2nd. BidaskClub raised shares of Ramco-Gershenson Properties Trust from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. It is negative, as 14 investors sold Ramco-Gershenson Properties Trust shares while 54 reduced holdings. The company has a consensus rating of “Buy” and an average price target of $17.42.

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