RPT Realty (NYSE:RPT) saw unusually large options trading activity on Tuesday. Investors purchased 636 call options on the company. This represents an increase of approximately 849% compared to the average volume of 67 call options.

Several research analysts have issued reports on RPT shares. Jefferies Financial Group raised shares of RPT Realty from a “hold” rating to a “buy” rating and lifted their target price for the stock from $8.00 to $10.00 in a report on Wednesday, January 13th. Zacks Investment Research raised RPT Realty from a “sell” rating to a “hold” rating in a report on Wednesday, March 17th. Robert W. Baird reaffirmed a “neutral” rating on shares of RPT Realty in a report on Monday. KeyCorp boosted their target price on RPT Realty from $11.00 to $13.00 and gave the stock an “overweight” rating in a research report on Monday, March 29th. Finally, TheStreet lowered shares of RPT Realty from a “c-” rating to a “d+” rating in a research note on Thursday, February 18th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. RPT Realty presently has a consensus rating of “Hold” and an average price target of $11.25.

NYSE RPT opened at $12.07 on Wednesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 5.30 and a quick ratio of 5.30. RPT Realty has a 1-year low of $4.79 and a 1-year high of $12.95. The business has a 50 day simple moving average of $11.90 and a two-hundred day simple moving average of $8.93. The stock has a market capitalization of $978.79 million, a PE ratio of 17.24, a P/E/G ratio of 6.06 and a beta of 1.55.

RPT Realty (NYSE:RPT) last released its quarterly earnings results on Wednesday, February 17th. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.28). RPT Realty had a net margin of 33.76% and a return on equity of 9.40%. On average, analysts anticipate that RPT Realty will post 0.82 EPS for the current fiscal year.

The business also recently disclosed a dividend, which was paid on Thursday, March 18th. Shareholders of record on Friday, March 19th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Thursday, March 18th. RPT Realty’s dividend payout ratio (DPR) is presently 27.78%.

Several institutional investors have recently made changes to their positions in RPT. California State Teachers Retirement System grew its holdings in RPT Realty by 3.4% during the 3rd quarter. California State Teachers Retirement System now owns 122,002 shares of the real estate investment trust’s stock valued at $664,000 after purchasing an additional 4,023 shares during the last quarter. Citigroup Inc. raised its stake in shares of RPT Realty by 3.7% during the fourth quarter. Citigroup Inc. now owns 128,399 shares of the real estate investment trust’s stock valued at $1,111,000 after acquiring an additional 4,597 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in RPT Realty by 24.3% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 28,563 shares of the real estate investment trust’s stock worth $247,000 after purchasing an additional 5,583 shares in the last quarter. Poplar Forest Capital LLC increased its holdings in RPT Realty by 14.8% during the 4th quarter. Poplar Forest Capital LLC now owns 43,372 shares of the real estate investment trust’s stock worth $375,000 after purchasing an additional 5,606 shares during the period. Finally, Exchange Traded Concepts LLC raised its position in RPT Realty by 18.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 44,690 shares of the real estate investment trust’s stock valued at $387,000 after purchasing an additional 7,056 shares in the last quarter. Hedge funds and other institutional investors own 93.18% of the company’s stock.

RPT Realty Company Profile

RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners.

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