DDR Corp. (NYSE:DDR) registered a 0.67% increase, still its new closing price is 3.07% up from the company’s 1 year high of 19.92.It posted 0.60% gains in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 1 sells versus 1 buy or better ratings. The 22 stock analysts following this company have an average price target at $16.29, with individual PT in the $14.00-$20.00 range. The shares moved at $15.12, implying that brokerage firms see shares losing about -11.63% in twelve months time.
DDR Corp. (DDR) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -0.98% fall year to date. A Director, 10% Owner at DDR Corp. (DDR) acquired shares in a transaction closed on Friday December 23, 2016. Otto Alexander bought 84,000 shares in the company at $14.86 each and collected $1,248,000 in proceeds. Otto Alexander now owns 42,687,920 shares in the company after this transaction. A Director, 10% Owner in the company, Otto Alexander, disclosed a transaction on Thursday December 15, 2016 that ended up paying $1,274,001 from the purchase of 86,000 shares at $14.82 per share.
DDR Corp. (NYSE:DDR) Upcoming Results on Tap
DDR Corp. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.29 in that period. Sales during the quarter are predicted to arrive at $235.6 million.
Earnings surprise history: Last quarter, the company posted approximately $245.24 million in revenue and EPS of $0.33. The mean forecast was for $244.21 million and $0.31 a share, respectively. One quarter earlier, revenue for the stock was at $245.86 million, with earnings at $0.33/share.
DDR Corp. (DDR) Brokerage Update
DDR Corp. (DDR) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Citigroup, according to news reported on Monday January 30, 2017.Another important research note was issued by UBS on Tuesday December 13, 2016.The firm downgraded DDR to Sell from Neutral. Over the last six months and over the last three months, the shares of DDR Corp. (DDR), have changed -22.22% and 1.20%, respectively.