DDR (NYSE:DDR) has been assigned a $9.00 price target by analysts at SunTrust Banks in a report released on Monday. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. SunTrust Banks’ price target would suggest a potential upside of 5.02% from the company’s current price.

A number of other equities analysts also recently weighed in on DDR. ValuEngine raised shares of DDR from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Boenning Scattergood downgraded shares of DDR from a “neutral” rating to an “under perform” rating in a research note on Tuesday, October 3rd. Zacks Investment Research raised shares of DDR from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Wednesday, October 4th. Mizuho reissued a “hold” rating and set a $10.00 target price on shares of DDR in a research note on Monday, October 9th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $9.00 target price (down previously from $11.00) on shares of DDR in a research note on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the company’s stock. DDR currently has a consensus rating of “Hold” and a consensus target price of $11.21.

DDR (DDR) opened at $8.57 on Monday. The stock has a market cap of $3,091.42, a price-to-earnings ratio of -214.25, a PEG ratio of 1.65 and a beta of 0.76. DDR has a 52 week low of $7.26 and a 52 week high of $15.57. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.61 and a current ratio of 0.61.

DDR (NYSE:DDR) last announced 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. DDR had a net margin of 1.11% and a return on equity of 3.48%. The business had revenue of $220.10 million during the quarter, compared to the consensus estimate of $218.58 million. During the same quarter last year, the firm earned $0.33 earnings per share. DDR’s quarterly revenue was down 10.2% on a year-over-year basis. sell-side analysts forecast that DDR will post 1.15 EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of the business. State of Alaska Department of Revenue grew its holdings in DDR by 160.8% in the fourth quarter. State of Alaska Department of Revenue now owns 193,810 shares of the real estate investment trust’s stock worth $1,736,000 after purchasing an additional 119,510 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in DDR by 6.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 3,955,000 shares of the real estate investment trust’s stock worth $35,437,000 after purchasing an additional 223,513 shares during the period. Nisa Investment Advisors LLC grew its holdings in DDR by 65.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 47,060 shares of the real estate investment trust’s stock worth $422,000 after purchasing an additional 18,600 shares during the period. AXA grew its holdings in DDR by 100.7% in the third quarter. AXA now owns 1,101,775 shares of the real estate investment trust’s stock worth $10,093,000 after purchasing an additional 552,721 shares during the period. Finally, GSA Capital Partners LLP acquired a new stake in DDR in the third quarter worth $151,000. Institutional investors and hedge funds own 79.88% of the company’s stock.

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DDR 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 (NYSE:DDR)

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