Finally, Spectrum Management Group Inc. acquired a new position in shares of Washington Prime Group during the first quarter valued at $114,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. (WPG Inc.), formerly WP Glimcher Inc., launched on December 13, 2013, operates as a self-administered and self-managed real estate investment trust (REIT).
Other hedge funds and other institutional investors also recently made changes to their positions in the company.
Washington Prime Group (NYSE:WPG) last released its quarterly earnings data on Wednesday, April 26th. LSV Asset Management boosted its position in shares of Washington Prime Group by 31.3% in the first quarter. Global X Management Co.
Consequently Washington Prime Group Inc Cmn (NYSE:WPG)'s weekly and monthly volatility is 2.43%, 3.26% respectively. 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 /ma/ downsized its holdings by selling 5,892 shares a decrease of 2.4% from 03/31/2016 to 06/30/2016. Teza Capital Management LLC acquired a new position in shares of Washington Prime Group during the first quarter valued at $103,000. MA now owns 11,334,720 shares of the real estate investment trust's stock worth $98,498,000 after buying an additional 491,753 shares during the last quarter.
Washington Prime Group Inc. Teacher Retirement System of Texas now owns 544,151 shares of the real estate investment trust's stock worth $4,729,000 after buying an additional 55,039 shares during the last quarter. Wedbush Securities Inc. purchased a new position in shares of Washington Prime Group during the first quarter worth approximately $108,000.
Ameren Corporation (NYSE:AEE) shares were trading higher by 1.1 percent ($0.59) at $54.4 a piece in Wednesday's session. The stock has a market capitalization of $1.64 billion, a PE ratio of 30.45 and a beta of 0.92. The 50 day moving average moved up $0.85 and the 200 day average went down by -1.60%. According to these analysts, the Low Revenue Estimate for Washington Prime Group Inc.is 193.7 Million and the High Revenue Estimate is 201.68 Million. (NYSE:WPG) will report $0.40 earnings per share for the current fiscal quarter, Zacks reports. The real estate investment trust reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. The business had revenue of $202.39 million for the quarter, compared to the consensus estimate of $198.72 million.
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%. During the same period in the previous year, the firm posted $0.42 earnings per share. As of the last earnings report the EPS was $0.29 and is expected to be $1.05 for the current year with 185,428,000 shares presently outstanding.
Currently, EPS of Washington Prime Group Inc. While looking the figure depicted by the Price to Earning we can suggest that the shares of Washington Prime Group Inc. If you are accessing this article on another domain, it was copied illegally and reposted in violation of USA & worldwide trademark & 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. Analysts have placed a $76.67 price target on Magellan Health, Inc., suggesting a -1.26% decline from recent close.
Among 4 analysts covering WP Glimcher (NYSE:WPG), 0 have Buy rating, 0 Sell and 4 Hold.
In other news, CEO Louis G. Conforti acquired 12,125 shares of the business's stock in a transaction dated Friday, May 5th. The shares were purchased at an average price of $8.25 per share, with a total value of $100,031.25.
The volume of the particular stock is the shares bought and sold in a single trading day. The Company's primary business is the ownership, development and management of retail real estate within the United States.