Weingarten Realty Investors (NYSE:WRI) reached a new 52-week high during trading on Monday . The stock traded as high as $42.77 and last traded at $42.40, with a volume of 97,894 shares changing hands. The stock had previously closed at $42.54.

Several equities research analysts have recently commented on WRI shares. Citigroup Inc. downgraded Weingarten Realty Investors from a “buy” rating to a “neutral” rating and set a $40.00 price objective for the company. in a report on Wednesday, April 27th. Zacks Investment Research downgraded Weingarten Realty Investors from a “hold” rating to a “sell” rating in a report on Wednesday, April 27th. Boenning Scattergood started coverage on Weingarten Realty Investors in a report on Tuesday, June 28th. They issued an “underperform” rating and a $35.50 price objective for the company. Finally, Jefferies Group started coverage on Weingarten Realty Investors in a report on Thursday, June 30th. They issued a “hold” rating and a $40.00 price objective for the company.

The firm’s 50 day moving average price is $40.32 and its 200-day moving average price is $37.41. The firm has a market cap of $5.27 billion and a price-to-earnings ratio of 23.51.

Other large investors have modified their holdings of the company. ProShare Advisors LLC increased its stake 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. Vanguard Group Inc. increased its stake in shares of Weingarten Realty Investors by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 17,037,094 shares of the real estate investment trust’s stock worth $589,142,000 after buying an additional 431,490 shares during the last quarter. Liberty Mutual Group Asset Management Inc. increased its stake 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. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake 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. Finally, Mutual of America Capital Management LLC increased its stake in shares of Weingarten Realty Investors by 1.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 77,399 shares of the real estate investment trust’s stock worth $2,676,000 after buying an additional 1,125 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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