Boenning Scattergood reaffirmed their sell rating on shares of DDR Corp. (NYSE:DDR) in a research report report published on Monday morning.

A number of other equities analysts have also weighed in on DDR. BidaskClub upgraded shares of DDR Corp. from a sell rating to a hold rating in a research report on Wednesday, July 19th. Deutsche Bank AG upgraded shares of DDR Corp. from a hold rating to a buy rating and increased their target price for the stock from $12.00 to $13.00 in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of DDR Corp. from a sell rating to a hold rating in a research report on Monday, July 31st. KeyCorp reiterated a buy rating and set a $13.00 target price on shares of DDR Corp. in a research report on Friday, September 1st. Finally, ValuEngine lowered shares of DDR Corp. from a buy rating to a hold rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $12.42.

Shares of DDR Corp. (DDR) traded up $0.08 during trading hours on Monday, reaching $7.97. 4,221,331 shares of the company’s stock were exchanged, compared to its average volume of 4,650,000. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.65 and a quick ratio of 1.65. The company has a market capitalization of $2,920.00, a price-to-earnings ratio of 6.60, a PEG ratio of 1.39 and a beta of 0.76. DDR Corp. has a 12-month low of $7.55 and a 12-month high of $15.82.

DDR Corp. (NYSE:DDR) last issued its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The firm had revenue of $220.10 million during the quarter, compared to analyst estimates of $218.58 million. DDR Corp. had a net margin of 1.11% and a return on equity of 3.44%. The company’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the business earned $0.33 earnings per share. sell-side analysts expect that DDR Corp. will post 1.14 EPS for the current year.

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The business also recently announced a quarterly dividend, which was paid on Tuesday, October 10th. Shareholders of record on Tuesday, September 26th were given a dividend of $0.19 per share. The ex-dividend date was Monday, September 25th. This represents a $0.76 annualized dividend and a yield of 9.54%. DDR Corp.’s payout ratio is presently -165.22%.

A number of institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC lifted its position in DDR Corp. by 2.0% during 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 purchasing an additional 339 shares during the last quarter. GAM Holding AG lifted its position in DDR Corp. by 4.4% during the second quarter. GAM Holding AG now owns 26,865 shares of the real estate investment trust’s stock valued at $244,000 after purchasing an additional 1,135 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in DDR Corp. by 12.5% during 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 purchasing an additional 2,384 shares during the last quarter. Franklin Resources Inc. lifted its position in DDR Corp. by 1.2% during 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 purchasing an additional 2,833 shares during the last quarter. Finally, UBS Group AG lifted its position in DDR Corp. by 2.9% during 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 purchasing an additional 2,911 shares during the last quarter. Institutional investors and hedge funds own 80.03% of the company’s stock.

About DDR Corp.

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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