Public Employees Retirement Association of Colorado trimmed its holdings in Weingarten Realty Investors (NYSE:WRI) by 9.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,792 shares of the real estate investment trust’s stock after selling 2,839 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Weingarten Realty Investors were worth $819,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Schwab Charles Investment Management Inc. raised its holdings in shares of Weingarten Realty Investors by 10.6% in the second 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 buying an additional 106,378 shares during the period. Legal & General Group Plc grew its stake in Weingarten Realty Investors by 8.5% in the second quarter. Legal & General Group Plc now owns 773,142 shares of the real estate investment trust’s stock worth $23,272,000 after purchasing an additional 60,881 shares in the last quarter. BNP Paribas Arbitrage SA grew its stake in Weingarten Realty Investors by 37.5% in the second quarter. BNP Paribas Arbitrage SA now owns 92,739 shares of the real estate investment trust’s stock worth $2,791,000 after purchasing an additional 25,297 shares in the last quarter. Founders Capital Management grew its stake in Weingarten Realty Investors by 15.7% in the second quarter. Founders Capital Management now owns 4,863 shares of the real estate investment trust’s stock worth $146,000 after purchasing an additional 660 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Weingarten Realty Investors by 1.7% in the second quarter. Northern Trust Corp now owns 1,931,464 shares of the real estate investment trust’s stock worth $58,138,000 after purchasing an additional 32,085 shares in the last quarter. Hedge funds and other institutional investors own 80.27% of the company’s stock.

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Weingarten Realty Investors (NYSE WRI) opened at $32.71 on Monday. Weingarten Realty Investors has a 52 week low of $29.03 and a 52 week high of $36.82. The stock has a market capitalization of $4,200.90, a P/E ratio of 13.41, a P/E/G ratio of 3.21 and a beta of 0.68. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.24.

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

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

WRI has been the topic of several research analyst reports. Robert W. Baird reissued a “buy” rating and issued a $37.00 price objective on shares of Weingarten Realty Investors in a research note on Thursday, August 24th. J P Morgan Chase & Co dropped their price objective on Weingarten Realty Investors from $35.00 to $34.00 and set a “neutral” rating on the stock in a research note on Monday, October 30th. BidaskClub raised Weingarten Realty Investors from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. TheStreet raised Weingarten Realty Investors from a “c+” rating to a “b-” rating in a research note on Tuesday, August 8th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $32.00 price objective on shares of Weingarten Realty Investors in a research note on Tuesday, August 29th. One investment 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 has a consensus rating of “Hold” and a consensus price target of $33.25.

Weingarten Realty Investors Company 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.

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

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