DDR Corp. (NYSE:DDR) reached a new 52-week high on Wednesday . The stock traded as high as $19.47 and last traded at $19.45, with a volume of 1,999,050 shares. The stock had previously closed at $19.36.

Several equities research analysts recently weighed in on the stock. Deutsche Bank AG reaffirmed a “hold” rating and set a $17.00 price objective on shares of DDR Corp. in a research report on Tuesday, May 3rd. KeyCorp raised shares of DDR Corp. from a “sector weight” rating to an “overweight” rating and set a $19.00 price objective for the company in a research report on Friday, April 15th. Canaccord Genuity reaffirmed a “hold” rating on shares of DDR Corp. in a research report on Monday, July 11th. Bank of America Corp. cut shares of DDR Corp. from a “buy” rating to a “neutral” rating in a research report on Monday, July 11th. Finally, Jefferies Group assumed coverage on shares of DDR Corp. in a research report on Thursday, June 30th. They set a “hold” rating and a $19.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $17.92.

The firm has a market capitalization of $7.17 billion and a price-to-earnings ratio of 37.29. The stock’s 50-day moving average price is $18.13 and its 200 day moving average price is $17.32.

DDR Corp. (NYSE:DDR) last announced its quarterly earnings data on Thursday, April 28th. The real estate investment trust reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.01. During the same period last year, the business posted $0.30 EPS. The firm earned $246.30 million during the quarter, compared to analysts’ expectations of $244.26 million. The company’s revenue was down 1.8% compared to the same quarter last year. Equities research analysts expect that DDR Corp. will post $1.24 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 6th. Shareholders of record on Thursday, June 9th were issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Tuesday, June 7th.

In other DDR Corp. news, VP Christa A. Vesy sold 5,000 shares of DDR Corp. stock in a transaction dated Monday, June 27th. The stock was sold at an average price of $17.38, for a total transaction of $86,900.00. Following the completion of the transaction, the vice president now owns 89,506 shares of the company’s stock, valued at approximately $1,555,614.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Paul W. Freddo sold 28,939 shares of DDR Corp. stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $18.00, for a total value of $520,902.00. Following the transaction, the vice president now directly owns 211,053 shares of the company’s stock, valued at approximately $3,798,954. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently bought and sold shares of the company. I.G. Investment Management LTD. raised its position in DDR Corp. by 11.6% in the fourth quarter. I.G. Investment Management LTD. now owns 72,328 shares of the real estate investment trust’s stock worth $1,218,000 after buying an additional 7,541 shares during the last quarter. ProShare Advisors LLC raised its position in shares of DDR Corp. by 11.9% in the fourth quarter. ProShare Advisors LLC now owns 109,910 shares of the real estate investment trust’s stock valued at $1,851,000 after buying an additional 11,678 shares during the last quarter. First Trust Advisors LP raised its position in shares of DDR Corp. by 6.3% in the fourth quarter. First Trust Advisors LP now owns 118,325 shares of the real estate investment trust’s stock valued at $1,993,000 after buying an additional 6,967 shares during the last quarter. Rhumbline Advisers raised its position in shares of DDR Corp. by 0.9% in the fourth quarter. Rhumbline Advisers now owns 223,804 shares of the real estate investment trust’s stock valued at $3,769,000 after buying an additional 1,895 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of DDR Corp. by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 534,287 shares of the real estate investment trust’s stock valued at $8,997,000 after buying an additional 46,417 shares during the last quarter.

DDR Corp. is a self-administered and self-managed real estate investment trust (REIT). The Company operates through two segments: shopping centers and loan investments. The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, it engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers.

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