Weingarten Realty Investors (NYSE:WRI)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $42.28 and last traded at $42.14, with a volume of 388,840 shares. The stock had previously closed at $41.91.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Weingarten Realty Investors from a “sell” rating to a “hold” rating in a research report on Tuesday, July 12th. Jefferies Group assumed coverage on shares of Weingarten Realty Investors in a research report on Thursday, June 30th. They set a “hold” rating and a $40.00 target price on the stock. Boenning Scattergood assumed coverage on shares of Weingarten Realty Investors in a research report on Tuesday, June 28th. They set an “underperform” rating and a $35.50 target price on the stock. Finally, Citigroup Inc. lowered shares of Weingarten Realty Investors from a “buy” rating to a “neutral” rating and set a $40.00 target price on the stock. in a research report on Wednesday, April 27th.

The firm has a 50 day moving average of $39.71 and a 200 day moving average of $37.12. The company has a market capitalization of $5.30 billion and a PE ratio of 23.63.

Weingarten Realty Investors (NYSE:WRI) last released its quarterly earnings results on Thursday, April 21st. The real estate investment trust reported $0.57 EPS for the quarter, topping the consensus estimate of $0.56 by $0.01. The company had revenue of $132.42 million for the quarter, compared to analyst estimates of $128.45 million. During the same period last year, the firm posted $0.52 earnings per share. The business’s revenue was up 5.4% on a year-over-year basis. On average, analysts anticipate that Weingarten Realty Investors will post $2.29 EPS for the current year.

In other Weingarten Realty Investors news, COO Johnny Hendrix sold 69,303 shares of the company’s stock in a transaction that occurred on Tuesday, April 26th. The stock was sold at an average price of C$37.69, for a total value of C$2,612,030.07. Following the transaction, the chief operating officer now directly owns 155,418 shares of the company’s stock, valued at approximately C$5,857,704.42. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Several institutional investors have made changes to their positions in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Weingarten Realty Investors by 0.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 33,060 shares of the real estate investment trust’s stock worth $1,143,000 after buying an additional 143 shares during the last quarter. ProShare Advisors LLC raised its position in shares of Weingarten Realty Investors by 12.4% in the fourth quarter. ProShare Advisors LLC now owns 51,711 shares of the real estate investment trust’s stock worth $1,788,000 after buying an additional 5,693 shares during the last quarter. Stephens Inc. AR raised its position in shares of Weingarten Realty Investors by 8.2% in the fourth quarter. Stephens Inc. AR now owns 54,577 shares of the real estate investment trust’s stock worth $1,887,000 after buying an additional 4,132 shares during the last quarter. Liberty Mutual Group Asset Management Inc. raised its position in shares of Weingarten Realty Investors by 41.5% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 68,674 shares of the real estate investment trust’s stock worth $2,375,000 after buying an additional 20,142 shares during the last quarter. Finally, Twin Capital Management Inc. raised its position in shares of Weingarten Realty Investors by 29.0% in the fourth quarter. Twin Capital Management Inc. now owns 77,170 shares of the real estate investment trust’s stock worth $2,669,000 after buying an additional 17,350 shares during the last quarter.

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. It is engaged in the business of owning, managing and developing shopping centers and other commercial centers. The Company also provides property management services.

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