Oregon Public Employees Retirement Fund grew its position in shares of Weingarten Realty Investors (NYSE:WRI) by 4.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 44,345 shares of the real estate investment trust’s stock after purchasing an additional 1,927 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Weingarten Realty Investors were worth $1,408,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in WRI. Macquarie Group Ltd. raised its holdings in Weingarten Realty Investors by 62.8% during the 2nd quarter. Macquarie Group Ltd. now owns 674,786 shares of the real estate investment trust’s stock worth $20,311,000 after purchasing an additional 260,180 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Weingarten Realty Investors by 21.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 788,537 shares of the real estate investment trust’s stock worth $23,777,000 after purchasing an additional 137,640 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Weingarten Realty Investors by 215.6% during the 1st quarter. Renaissance Technologies LLC now owns 185,232 shares of the real estate investment trust’s stock worth $6,185,000 after purchasing an additional 126,532 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Weingarten Realty Investors by 10.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,107,509 shares of the real estate investment trust’s stock worth $33,337,000 after purchasing an additional 106,378 shares during the last quarter. Finally, Stevens Capital Management LP bought a new position in Weingarten Realty Investors during the 3rd quarter worth approximately $3,099,000. Hedge funds and other institutional investors own 80.27% of the company’s stock.

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Several research analysts have issued reports on the stock. J P Morgan Chase & Co lowered their price target on shares of Weingarten Realty Investors from $35.00 to $34.00 and set a “neutral” rating for the company in a report on Monday, October 30th. Boenning Scattergood set a $30.00 price target on shares of Weingarten Realty Investors and gave the stock a “sell” rating in a report on Thursday, October 26th. Jefferies Group LLC restated a “hold” rating and set a $32.00 price target on shares of Weingarten Realty Investors in a report on Tuesday, August 29th. Robert W. Baird restated a “buy” rating and set a $37.00 price target on shares of Weingarten Realty Investors in a report on Thursday, August 24th. Finally, TheStreet raised shares of Weingarten Realty Investors from a “c+” rating to a “b-” rating in a research report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $33.25.

Shares of Weingarten Realty Investors (WRI) opened at $32.69 on Tuesday. The company has a market cap of $4,200.90, a P/E ratio of 13.41, a PEG ratio of 3.21 and a beta of 0.68. Weingarten Realty Investors has a 52-week low of $29.03 and a 52-week high of $36.82. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.24.

Weingarten Realty Investors (NYSE:WRI) last announced its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.61 EPS for the quarter, topping the consensus estimate of $0.60 by $0.01. The company had revenue of $141.06 million during the quarter, compared to the consensus estimate of $139.72 million. Weingarten Realty Investors had a net margin of 36.86% and a return on equity of 12.07%. The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.58 EPS. research analysts expect that Weingarten Realty Investors will post 2.43 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 8th will be given a dividend of $0.385 per share. This represents a $1.54 annualized dividend and a dividend yield of 4.71%. The ex-dividend date is Thursday, December 7th. Weingarten Realty Investors’s dividend payout ratio (DPR) is 94.48%.

Weingarten Realty Investors Profile

Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. The Company also provides property management services. The Company is in the business of owning, managing and developing retail shopping centers.

Institutional Ownership by Quarter for Weingarten Realty Investors (NYSE:WRI)

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