Shares of DDR Corp. (NYSE:DDR) saw unusually-high trading volume on Tuesday . Approximately 7,619,860 shares were traded during trading, an increase of 103% from the previous session’s volume of 3,744,955 shares.The stock last traded at $19.20 and had previously closed at $19.26.

DDR has been the subject of a number of recent research reports. Bank of America Corp. downgraded shares of DDR Corp. from a “buy” rating to a “neutral” rating in a research report on Monday, July 11th. Mizuho downgraded shares of DDR Corp. from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $19.00 to $17.00 in a research report on Monday, July 11th. Raymond James Financial Inc. initiated coverage on shares of DDR Corp. in a research report on Monday, July 25th. They set an “outperform” rating and a $21.00 price objective for the company. 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. Finally, Deutsche Bank AG boosted their price objective on shares of DDR Corp. from $17.00 to $18.00 and gave the company a “hold” rating in a research report on Monday, July 18th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company. DDR Corp. has an average rating of “Hold” and an average price target of $18.18.

The company has a market capitalization of $7.01 billion and a P/E ratio of 32.21. The firm has a 50 day moving average price of $18.90 and a 200 day moving average price of $17.62.

DDR Corp. (NYSE:DDR) last announced its quarterly earnings data on Tuesday, July 26th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. The business earned $245.90 million during the quarter, compared to analyst estimates of $243.03 million. During the same quarter in the prior year, the company posted $0.31 EPS. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, equities research analysts anticipate that DDR Corp. will post $1.25 earnings per share for the current year.

In other news, Director Robert H. Gidel sold 16,000 shares of the stock in a transaction on Friday, July 29th. The shares were sold at an average price of $19.50, for a total value of $312,000.00. Following the completion of the transaction, the director now owns 51,954 shares in the company, valued at approximately $1,013,103. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Christa A. Vesy sold 5,000 shares of the stock in a transaction on Monday, June 27th. The shares were 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 disclosure for this sale can be found here.

Other institutional investors have made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in shares of DDR Corp. by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,867,812 shares of the real estate investment trust’s stock worth $65,134,000 after buying an additional 46,681 shares in the last quarter. Morgan Stanley boosted its position 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 in the last quarter. Wells Fargo & Company MN boosted 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 worth $8,997,000 after buying an additional 46,417 shares in the last quarter. First Trust Advisors LP boosted 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 worth $1,993,000 after buying an additional 6,967 shares in the last quarter. Finally, I.G. Investment Management LTD. boosted its position 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 in 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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