DDR Corp. (NYSE:DDR)’s share price was down 2% on Thursday . The company traded as low as $18.81 and last traded at $18.81, with a volume of 1,298,632 shares traded. The stock had previously closed at $19.19.

A number of equities analysts recently weighed in on DDR shares. Bank of America Corp. lowered shares of DDR Corp. from a “buy” rating to a “neutral” rating in a research report on Monday, July 11th. Mizuho lowered shares of DDR Corp. from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $19.00 to $17.00 in a research report on Monday, July 11th. Raymond James Financial Inc. started coverage on shares of DDR Corp. in a research report on Monday, July 25th. They set an “outperform” rating and a $21.00 price target on the stock. KeyCorp upgraded shares of DDR Corp. from a “sector weight” rating to an “overweight” rating and set a $19.00 price target on the stock in a research report on Friday, April 15th. Finally, Deutsche Bank AG boosted their price target on shares of DDR Corp. from $17.00 to $18.00 and gave the stock a “hold” rating in a research report on Monday, July 18th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $18.18.

The stock’s 50 day moving average price is $18.98 and its 200-day moving average price is $17.64. The company has a market cap of $6.85 billion and a price-to-earnings ratio of 31.49.

DDR Corp. (NYSE:DDR) last posted its earnings results on Tuesday, July 26th. The real estate investment trust reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The business had revenue of $245.90 million for the quarter, compared to analysts’ expectations of $243.03 million. The business’s revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.31 earnings per share. On average, analysts anticipate that DDR Corp. will post $1.25 earnings per share for the current fiscal year.

In other DDR Corp. news, Director Robert H. Gidel sold 16,000 shares of the firm’s stock in a transaction dated Friday, July 29th. The shares were sold at an average price of $19.50, for a total transaction of $312,000.00. Following the completion of the transaction, the director now directly owns 51,954 shares in the company, valued at approximately $1,013,103. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Christa A. Vesy sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 27th. The shares were sold at an average price of $17.38, for a total transaction of $86,900.00. Following the transaction, the vice president now owns 89,506 shares of the company’s stock, valued at $1,555,614.28. The disclosure for this sale can be found here.

Other institutional investors have bought and sold shares of the company. Dimensional Fund Advisors LP increased its position in 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 valued at $65,134,000 after buying an additional 46,681 shares during the period. Morgan Stanley boosted its stake in 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 valued at $55,709,000 after buying an additional 72,747 shares in the last quarter. Wells Fargo & Company MN boosted its stake in 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 in the last quarter. First Trust Advisors LP boosted its stake in 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 in the last quarter. Finally, I.G. Investment Management LTD. boosted its stake 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 valued at $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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