DDR (NYSE:DDR)‘s stock had its “equal weight” rating reaffirmed by analysts at Capital One Financial in a research note issued on Friday.

A number of other equities analysts also recently issued reports on DDR. Zacks Investment Research downgraded shares of DDR from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Mizuho set a $9.00 price target on shares of DDR and gave the company a “hold” rating in a report on Monday. Morgan Stanley reiterated an “equal weight” rating and issued a $8.25 price target on shares of DDR in a report on Thursday, December 14th. Stifel Nicolaus assumed coverage on shares of DDR in a report on Thursday, November 30th. They issued a “buy” rating and a $8.25 price target for the company. Finally, ValuEngine downgraded shares of DDR from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $11.29.

Shares of DDR (DDR) opened at $8.79 on Friday. DDR has a 52 week low of $7.26 and a 52 week high of $15.57. The company has a market cap of $3,264.60, a price-to-earnings ratio of 7.38, a PEG ratio of 1.54 and a beta of 0.76. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.51.

DDR (NYSE:DDR) last released its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.03. DDR had a net margin of 1.11% and a return on equity of 3.48%. The company had revenue of $220.10 million during the quarter, compared to analysts’ expectations of $218.58 million. During the same quarter last year, the business earned $0.33 EPS. The business’s revenue was down 10.2% on a year-over-year basis. equities research analysts expect that DDR will post 1.15 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of DDR. US Bancorp DE increased its holdings in DDR by 408.1% during the 2nd quarter. US Bancorp DE now owns 19,450 shares of the real estate investment trust’s stock valued at $176,000 after acquiring an additional 15,622 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in DDR during the 2nd quarter valued at about $121,000. Canada Pension Plan Investment Board increased its holdings in DDR by 97.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 136,800 shares of the real estate investment trust’s stock valued at $1,241,000 after acquiring an additional 67,600 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in DDR by 15.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 2,794,340 shares of the real estate investment trust’s stock valued at $25,345,000 after acquiring an additional 364,915 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in DDR by 31.3% during the 2nd quarter. First Trust Advisors LP now owns 192,520 shares of the real estate investment trust’s stock valued at $1,746,000 after acquiring an additional 45,912 shares in the last quarter. Hedge funds and other institutional investors own 79.86% of the company’s stock.

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About DDR

DDR Corp. is a self-administered and self-managed real estate investment trust. It operates through two segments: shopping centers and loan investments. It is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. As of December 31, 2016, it owned and managed approximately 106 million total square feet of gross leasable area (GLA).

Analyst Recommendations for DDR (NYSE:DDR)

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