DDR Corp. (NYSE:DDR)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $19.86 and last traded at $19.75, with a volume of 1,173,876 shares. The stock had previously closed at $19.49.

A number of research firms have recently commented on DDR. Mizuho began coverage on shares of DDR Corp. in a research note on Wednesday, April 13th. They set a “neutral” rating and a $19.00 price objective for the company. KeyCorp upgraded 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 note on Friday, April 15th. Deutsche Bank AG restated a “hold” rating and set a $17.00 price objective on shares of DDR Corp. in a research note on Tuesday, May 3rd. Jefferies Group began coverage on shares of DDR Corp. in a research note on Thursday, June 30th. They set a “hold” rating and a $19.00 price objective for the company. Finally, Bank of America Corp. downgraded shares of DDR Corp. from a “buy” rating to a “neutral” rating in a research note on Monday, July 11th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $18.15.

The firm has a market cap of $7.21 billion and a P/E ratio of 33.23. The company has a 50-day moving average of $18.48 and a 200 day moving average of $17.44.

DDR Corp. (NYSE:DDR) last posted its earnings results on Tuesday, July 26th. The real estate investment trust reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. The business had revenue of $245.90 million for the quarter, compared to the consensus estimate of $243.03 million. The company’s revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 earnings per share. Equities analysts predict that DDR Corp. will post $1.24 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 6th. Stockholders of record on Thursday, June 9th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 3.85%. The ex-dividend date was Tuesday, June 7th.

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

A number of large investors have recently modified their holdings of DDR. I.G. Investment Management LTD. increased its stake in shares of 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. First Trust Advisors LP increased its stake 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 worth $1,993,000 after buying an additional 6,967 shares during the last quarter. Rhumbline Advisers increased its stake 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 worth $3,769,000 after buying an additional 1,895 shares during the last quarter. Wells Fargo & Company MN increased its stake 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 worth $8,997,000 after buying an additional 46,417 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of DDR Corp. by 2.2% in the fourth quarter. Morgan Stanley now owns 3,308,165 shares of the real estate investment trust’s stock worth $55,709,000 after buying an additional 72,747 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.