Do Institutional Investors Hate Ramco Gershenson Properties Trust (NYSE:RPT)?

May 18, 2018 - By Donald McKee

Ramco-Gershenson Properties Trust (NYSE:RPT) Logo

Sentiment for Ramco Gershenson Properties Trust (NYSE:RPT)

Ramco Gershenson Properties Trust (NYSE:RPT) institutional sentiment decreased to 0.99 in Q4 2017. Its down -0.15, from 1.14 in 2017Q3. The ratio has dropped, as 73 investment managers opened new and increased stock positions, while 74 cut down and sold equity positions in Ramco Gershenson Properties Trust. The investment managers in our partner’s database now have: 80.10 million shares, up from 78.16 million shares in 2017Q3. Also, the number of investment managers holding Ramco Gershenson Properties Trust in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 24 Reduced: 50 Increased: 47 New Position: 26.

Ramco-Gershenson Properties Trust is a real estate investment trust. The company has market cap of $923.53 million. The firm invests in real estate markets of the United States. It has a 14.45 P/E ratio. It primary business is the ownership and management of regional dominant and urban-oriented, infill shopping centers.

The stock decreased 0.09% or $0.01 during the last trading session, reaching $11.27. About 372,364 shares traded. Ramco-Gershenson Properties Trust (NYSE:RPT) has declined 12.72% since May 18, 2017 and is downtrending. It has underperformed by 24.27% the S&P500.

Analysts await Ramco-Gershenson Properties Trust (NYSE:RPT) to report earnings on August, 7. They expect $0.33 earnings per share, down 5.71 % or $0.02 from last year’s $0.35 per share. RPT’s profit will be $27.04 million for 8.54 P/E if the $0.33 EPS becomes a reality. After $0.32 actual earnings per share reported by Ramco-Gershenson Properties Trust for the previous quarter, Wall Street now forecasts 3.13 % EPS growth.

Sorin Capital Management Llc holds 5.82% of its portfolio in Ramco-Gershenson Properties Trust for 1.24 million shares. Hillcrest Asset Management Llc owns 525,325 shares or 1.37% of their US portfolio. Moreover, Nwq Investment Management Company Llc has 0.71% invested in the company for 3.69 million shares. The Missouri-based Piermont Capital Management Inc. has invested 0.52% in the stock. Pensionfund Dsm Netherlands, a Netherlands-based fund reported 138,782 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $632,102 activity.

Ramco-Gershenson Properties Trust (NYSE:RPT) Ratings Coverage

Ratings analysis reveals 33% of Ramco-Gershenson’s analysts are positive. Out of 6 Wall Street analysts rating Ramco-Gershenson, 2 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $12 while the high is $14.0. The stock’s average target of $12.80 is 13.58% above today’s ($11.27) share price. RPT was included in 8 notes of analysts from December 12, 2017. The firm earned “Neutral” rating on Tuesday, May 8 by DA Davidson. The rating was maintained by Jefferies with “Hold” on Thursday, April 12. The rating was maintained by B. Riley & Co with “Buy” on Thursday, February 22. The firm has “Hold” rating by Robert W. Baird given on Thursday, February 22. As per Tuesday, February 27, the company rating was maintained by Jefferies. The rating was maintained by Raymond James with “Hold” on Tuesday, December 12. The firm has “Hold” rating by Jefferies given on Wednesday, December 13.

More recent Ramco-Gershenson Properties Trust (NYSE:RPT) news were published by: Globenewswire.com which released: “RAMCO Announces Second Quarter 2018 Common and Preferred Share Dividends” on May 16, 2018. Also Globenewswire.com published the news titled: “Ramco-Gershenson Properties Trust Unveils New Corporate Brand” on May 02, 2018. Globenewswire.com‘s news article titled: “RAMCO Reports Financial and Operating Results for the First Quarter 2018” with publication date: May 03, 2018 was also an interesting one.

Ramco-Gershenson Properties Trust (NYSE:RPT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: