emfizz.com July 24, 2017

Washington Prime Group Inc. (NYSE:WPG) Experiences Heavy Trading Volume

17 July 2017, 03:40 | Todd Saunders

Taking a look back at some historical performance numbers for Washington Prime Group Inc. The fund owned 228,377 shares of the real estate investment trust's stock after buying an additional 134,177 shares during the period. Wedbush Securities Inc. acquired a new stake in shares of Washington Prime Group during the first quarter worth about $108,000. Hedge funds and other institutional investors own 89.78% of the company's stock.

Washington Prime Group Inc Cmn (NYSE:WPG) shares traded on -0.12% down secure line and closed at $8.26. Tyers Asset Management LLC bought a new position in Washington Prime Group during the fourth quarter valued at approximately $103,000. Washington Prime Group reported earnings per share of $0.43 during the same quarter last year, which suggests a negative year-over-year growth rate of 7%. Comerica Bank now owns 136,372 shares of the real estate investment trust's stock worth $1,372,000 after buying an additional 7,884 shares in the last quarter. Massachusetts Financial Services Co. Teza Capital Management LLC acquired a new position in shares of Washington Prime Group during the first quarter valued at $103,000. Washington Prime Group's dividend payout ratio (DPR) is now 500.00%. While it's Return on Investment (ROI) value is 4.9%.

Shares of Washington Prime Group Inc. The rating was downgraded by SunTrust on Friday, January 22 to "Neutral".

JPMorgan Chase & Co. lowered its stake in shares of Washington Prime Group Inc. (NYSE WPG) traded up 1.09% during trading on Wednesday, hitting $8.35. (WPG) has made a move of +0.72% over the past month, which has come on Strong relative transaction volume. (WPG) now has a value of $8.83 while the company's 52 week low is at $7.31, the shares dropped to the 52 week low on 05/17/17. About shares traded. Washington Prime Group Inc (NYSE:WPG) has declined 18.81% since July 14, 2016 and is downtrending.

Washington Prime Group (NYSE:WPG) last issued its quarterly earnings data on Wednesday, April 26th. The company is expected to report EPS as high as $0.23 and as low as $0.23 per share. The firm had revenue of $202.39 million during the quarter, compared to analysts' expectations of $198.72 million.

Shia Labeouf sorry for Racist Rant blaming his 'Addiction'
According to police, the incident was sparked when Shia was rebuked by a bystander he asked for a cigarette. He was later released after posting $7,000 bond.

Scrap metal crashes onto van, but driver not badly hurt
A man in Florida miraculously survived a freaky accident during which his van was completely crushed by scrap metal. The scrap metal smashed in the roof of 36-year-old Jesus Armando Escobar's vehicle on the driver's side.

The most memorable last words spoken by 'Game of Thrones' characters
Before we go, here's a quick hit with Nathalie Emmanuel , who stopped by Moviephone to tease MIssandei's adventures in season 7 . For the final touches, Turner wore her newly-dyed red locks (which used to be bleach blonde) in loose, side-swept curls.

While having a peek at profitability ratios Washington Prime Group Inc Cmn (NYSE:WPG) has trailing twelve month gross margin at 67.9%, its trailing twelve month operating margin stands at 25.6% whereas its trailing twelve month net profit margin spots at 6.4%. They expect $0.41 earnings per share, down 4.65% or $0.02 from last year's $0.43 per share. During the same quarter in the previous year, the business earned $0.42 earnings per share. On average, analysts forecast that Washington Prime Group Inc. will post $1.05 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: "Washington Prime Group Inc".

Washington Prime Group Inc (WPG) formed wedge down with $8.10 target or 5.00% below today's $8.53 share price. If you are viewing this article on another website, it was stolen and republished in violation of USA & global trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/07/16/washington-prime-group-inc-nysewpg-shares-bought-by-vanguard-group-inc-updated.html. (NYSE:WPG). According to the most recently released broker notes, 0 analysts have a rating of "strong buy" on the stock, 0 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". For now, WPG is the toast of Wall Street as its ABR stands at 3.00 with 0 out of 3 analysts rating the stock a buy. Finally, ValuEngine cut Washington Prime Group from a "buy" rating to a "hold" rating in a research report on Tuesday, June 6th.

In other Washington Prime Group news, CEO Louis G. Conforti purchased 12,125 shares of the stock in a transaction on Friday, May 5th. EVP Keric M. Knerr acquired 6,119 shares at an average price of $8.17 on Tue the 28th. Ubs Asset Management Americas Inc downsized its holdings by shedding 10,811 shares a decrease of 19.9% as of 06/30/2016. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. The institutional investor owned 269,014 shares of the real estate investment trust's stock after selling 245,634 shares during the period.

Other News

Trending Now

Your Facebook Messenger will soon be filled with advertisements
However, the big difference, of course, is the fact that you won't be able to buy products directly on Facebook through the ads. Surprisingly, this test must have been very successful as Facebook announced the advertising option will be enabled worldwide.

Collins: GOP bill would affect 'most vulnerable'
But the Senate Budget Committee on Sunday said the release had been postponed. So you are asking me what number am I comfortable with - well, I don't know.

Europol and Spanish police arrest 66 in horsemeat scandal
The Spanish investigation was launched a year ago after unusual behaviour was detected in the horse meat market. Worldwide police have dismantled a horse meat trafficking network with ramifications that stretch to Portugal.

US House Minority Leader Expresses Concern N. Korea Could Sell Weapons
Since China gains nothing from exerting pressure on North Korea , it is unrealistic for the U.S.to continue to ask China to do so. China must realise that defensive mechanisms like the deployment of THAAD are due to North Korea's aggressive nuclear posture.

Farmers National Banc Corp
It improved, as 76 investors sold PRGO shares while 156 reduced holdings. 1 funds opened positions while 3 raised stakes. Norges Bank bought a new stake in Associated Banc-Corp during the fourth quarter valued at approximately $50,013,000.

10 killed in Nigeria mosque attack
He added that an Explosive Ordinance Detective (EOD) team was deployed in the area and normalcy had been restored. Three other female suicide bombers were located in Maiduguri at about the same time, said Satomi.

Broncos WR Pepper Sprayed In Strip Club Fight
We spoke to Latimer who tells us he was involved in the scuffle, but was simply trying to deescalate the situation. "That's it. As a result, the Broncos have since issued an official statement regarding the matter.

Tiemoue Bakayoko happy to join "biggest English club"
I grew up in the Chelsea games and the signing of the contract with this club has become commonplace for me as I love him. Yet history suggests that when Chelsea splash out on a central midfielder, they generally know what they are doing.

Let's sheath our swords, South Korea to North Korea
Huang said coal imports dropped by three-quarters in the first half, and all those shipments had been made before February 18. Security Council resolutions. "Trade between China and North Korea grew nearly 40 per cent in the first quarter".

House prices remain flat a year after Brexit - Rightmove
More than half the unitary authority areas in England in Wales - 60 out of 108 - reported prices falling over the month. The Director of Rightmove, Miles Shipside, comments: "Prices are in the summer doldrums".