How Analysts Feel About Weingarten Realty Investors (NYSE:WRI) After Increase in Sellers?

July 16, 2018 - By Jack Shaw

Weingarten Realty Investors (NYSE:WRI) Logo

Investors sentiment decreased to 1.19 in Q1 2018. Its down 0.06, from 1.25 in 2017Q4. It dived, as 31 investors sold Weingarten Realty Investors shares while 70 reduced holdings. 42 funds opened positions while 78 raised stakes. 92.92 million shares or 3.81% less from 96.60 million shares in 2017Q4 were reported.
Prudential holds 0.01% of its portfolio in Weingarten Realty Investors (NYSE:WRI) for 273,901 shares. American Natl Registered Invest Advisor accumulated 13,025 shares. Envestnet Asset Mgmt Incorporated reported 2,259 shares. Delta Asset Mngmt Llc Tn stated it has 0% in Weingarten Realty Investors (NYSE:WRI). Moreover, Louisiana State Employees Retirement Sys has 0.04% invested in Weingarten Realty Investors (NYSE:WRI). Ubs Asset Mngmt Americas has invested 0% in Weingarten Realty Investors (NYSE:WRI). Sei Investments has invested 0.05% in Weingarten Realty Investors (NYSE:WRI). Landscape Cap Management Lc holds 0.2% or 98,400 shares. Cap Fund Management invested 0.02% of its portfolio in Weingarten Realty Investors (NYSE:WRI). Pnc Fincl Svcs Grp Incorporated invested 0% in Weingarten Realty Investors (NYSE:WRI). Bbva Compass Bancorp Inc has 0.02% invested in Weingarten Realty Investors (NYSE:WRI). State Treasurer State Of Michigan has 0.01% invested in Weingarten Realty Investors (NYSE:WRI). Profund Advsr Limited Liability Corporation owns 16,593 shares for 0.02% of their portfolio. Dimensional Fund Limited Partnership invested in 1.87 million shares. Hermes Investment Mgmt Ltd reported 1.18M shares or 0.48% of all its holdings.

The stock of Weingarten Realty Investors (NYSE:WRI) registered an increase of 0.6% in short interest. WRI’s total short interest was 2.21M shares in July as published by FINRA. Its up 0.6% from 2.20M shares, reported previously. With 888,500 shares average volume, it will take short sellers 3 days to cover their WRI’s short positions. The short interest to Weingarten Realty Investors’s float is 1.85%.

The stock decreased 0.98% or $0.3 during the last trading session, reaching $30.22. About 162,821 shares traded. Weingarten Realty Investors (NYSE:WRI) has declined 6.28% since July 16, 2017 and is downtrending. It has underperformed by 18.85% the S&P500.

Weingarten Realty Investors is a shopping center owner, manager and developer. The company has market cap of $3.92 billion. At September 30, 2017, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 210 properties which are located in 18 states spanning the country from coast to coast. It has a 8.67 P/E ratio. These properties represent approximately 42.4 million square feet of which our interests in these properties aggregated approximately 27.2 million square feet of leasable area.

Weingarten Realty Investors (NYSE:WRI) Ratings Coverage

Among 7 analysts covering Weingarten (NYSE:WRI), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Weingarten had 8 analyst reports since January 22, 2018 according to SRatingsIntel. The rating was maintained by Jefferies on Tuesday, February 27 with “Hold”. Bank of America upgraded Weingarten Realty Investors (NYSE:WRI) on Thursday, March 1 to “Buy” rating. The stock of Weingarten Realty Investors (NYSE:WRI) earned “Buy” rating by SunTrust on Monday, January 22. The firm has “Buy” rating given on Monday, March 5 by SunTrust. Robert W. Baird maintained Weingarten Realty Investors (NYSE:WRI) rating on Tuesday, March 20. Robert W. Baird has “Buy” rating and $34.0 target. JP Morgan maintained it with “Neutral” rating and $29 target in Thursday, April 26 report. The firm earned “Neutral” rating on Wednesday, February 28 by Citigroup. As per Wednesday, April 18, the company rating was upgraded by UBS.

More news for Weingarten Realty Investors (NYSE:WRI) were recently published by: Seekingalpha.com, which released: “Weingarten closes on $77M of dispositions in Q2” on July 09, 2018. Seekingalpha.com‘s article titled: “Weingarten Realty: NAV Discount Is No More” and published on July 08, 2018 is yet another important article.

Weingarten Realty Investors (NYSE:WRI) Institutional Positions Chart

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