SunTrust Banks, Inc. reissued their hold rating on shares of DDR Corp. (NYSE:DDR) in a research note published on Friday morning. SunTrust Banks, Inc. currently has a $10.00 price objective on the real estate investment trust’s stock.

Several other equities research analysts have also recently weighed in on DDR. Deutsche Bank AG upgraded DDR Corp. from a hold rating to a buy rating and boosted their target price for the stock from $12.00 to $13.00 in a research note on Thursday, July 27th. BidaskClub upgraded DDR Corp. from a sell rating to a hold rating in a research note on Wednesday, July 19th. KeyCorp restated a buy rating and set a $13.00 target price on shares of DDR Corp. in a research note on Friday, September 1st. ValuEngine cut DDR Corp. from a buy rating to a hold rating in a research note on Friday, September 1st. Finally, Zacks Investment Research upgraded DDR Corp. from a sell rating to a hold rating in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $12.42.

Shares of DDR Corp. (NYSE:DDR) traded down $0.38 on Friday, hitting $7.92. The stock had a trading volume of 5,760,000 shares, compared to its average volume of 4,580,000. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.67. The stock has a market cap of $2,910.00, a PE ratio of 6.92, a PEG ratio of 1.46 and a beta of 0.76. DDR Corp. has a fifty-two week low of $7.55 and a fifty-two week high of $15.82.

DDR Corp. (NYSE:DDR) last announced its quarterly earnings data on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.03. The business had revenue of $220.10 million during the quarter, compared to analysts’ expectations of $218.58 million. DDR Corp. had a return on equity of 3.44% and a net margin of 1.11%. The business’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.33 EPS. research analysts forecast that DDR Corp. will post 1.14 EPS for the current fiscal year.

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The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 10th. Investors of record on Tuesday, September 26th were paid a $0.19 dividend. The ex-dividend date of this dividend was Monday, September 25th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 9.60%. DDR Corp.’s dividend payout ratio (DPR) is presently -165.22%.

Several institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC boosted its stake in shares of DDR Corp. by 2.0% in the second quarter. SG Americas Securities LLC now owns 17,249 shares of the real estate investment trust’s stock valued at $156,000 after buying an additional 339 shares in the last quarter. GAM Holding AG boosted its stake in shares of DDR Corp. by 4.4% in the second quarter. GAM Holding AG now owns 26,865 shares of the real estate investment trust’s stock valued at $244,000 after buying an additional 1,135 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of DDR Corp. by 12.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,478 shares of the real estate investment trust’s stock valued at $195,000 after buying an additional 2,384 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of DDR Corp. by 1.2% in the second quarter. Franklin Resources Inc. now owns 237,633 shares of the real estate investment trust’s stock valued at $2,156,000 after buying an additional 2,833 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of DDR Corp. by 2.9% in the first quarter. UBS Group AG now owns 103,451 shares of the real estate investment trust’s stock valued at $1,297,000 after buying an additional 2,911 shares in the last quarter. Hedge funds and other institutional investors own 80.26% of the company’s stock.

DDR Corp. Company Profile

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 Corp. (NYSE:DDR)

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