Washington Prime Group Inc. (WPG)

Analysts on average have given a price target of $9.3 to Washington Prime Group Inc. California Public Employees Retirement System now owns 542,435 shares of the real estate investment trust's stock valued at $4,714,000 after buying an additional 19,300 shares during the period.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Stephens Inc. AR boosted its stake in Washington Prime Group by 5.2% in the first quarter. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also facilitate in determining where it may be possibly heading. Finally, Federated Investors Inc. Comerica Bank increased its position in shares of Washington Prime Group by 6.1% in the fourth quarter. The Company's primary business is the ownership, development and management of retail real estate within the United States.

Washington Prime Group Inc (NYSE:WPG) closed yesterday at $7.49, leaving some investors asking whether this price can still be justified by the high growth potential. Following the transaction, the executive vice president now directly owns 7,205 shares of the company's stock, valued at $58,720.75. Washington Prime Group has a 1-year low of $7.81 and a 1-year high of $14.15. The company's current price-earnings ratio amounts to 26.67 times earnings, below the average P/E ratio of 28.20 times earnings. However the price at the close of last session was -11.95% lower than its 50-day moving average and -25.03% under its 200-day moving average.

Washington Prime Group (NYSE:WPG) last released its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.02.

More news: U.S. Bombs Pro-Regime Forces in Syria

Now the shares of Washington Prime Group Inc. Its revenue totaled $198.72 million down -8.76% from the previous quarter. During the same quarter in the prior year, the company earned $0.42 earnings per share. Similarly, full-year sales forecasts have ranged between $786.6M and $808.02M. Analysts predict that Washington Prime Group Inc will post $1.05 earnings per share for the current year. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and global copyright and trademark law. If you are reading this piece on another website, it was illegally copied and reposted in violation of United States & worldwide copyright laws. Virginia Retirement Systems ET AL owned about 0.14% of Washington Prime Group worth $2,317,000 at the end of the most recent reporting period.

In terms of Buy, Sell or Hold recommendations, Washington Prime Group Inc Cmn (NYSE:WPG) has analysts' mean recommendation of 3. Also, CEO Louis G. Conforti acquired 28,700 shares of the business's stock in a transaction that occurred on Friday, March 31st. (WPG) have 195.13 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Float is the number of shares available for trading of a particular stock. The stock was purchased at an average price of $8.15 per share, with a total value of $50,041.00. Following the completion of the acquisition, the chief executive officer now directly owns 40,825 shares in the company, valued at $336,806.25. The disclosure for this purchase can be found here.

On the other hand the company has Relative Strength Index (RSI 14) of 26.35 along with Average True Range (ATR 14) of 0.28, Consequently Washington Prime Group Inc Cmn (NYSE:WPG)'s weekly and monthly volatility is 4.31%, 3.38% respectively.

Related News:

  • French presidential election: Challenges are just beginning for Emmanuel Macron

    French presidential election: Challenges are just beginning for Emmanuel Macron

    Macron has said he was aiming to secure an absolute majority in the lower chamber through the June 11 and 18 elections. Macron's movement is banking that voters, having elected him, won't want to see his presidency hobbled so quickly.
    May will defeat Corbyn in United Kingdom  election: Tony Blair

    May will defeat Corbyn in United Kingdom election: Tony Blair

    Prime Minister May has said the United Kingdom could not remain part of the single market as it would mean not leaving the EU. And they should not be used as bargaining chips.
    Former asst. special counsel: Don't expect public updates

    Former asst. special counsel: Don't expect public updates

    Mr Trump himself had already contradicted that explanation, telling interviewers earlier he had already chose to dismiss Mr Comey. He said he respected the special counsel appointment but also said it "hurts our country terribly".
  • US Senate panel still negotiating with Flynn over documents: congressional aides

    US Senate panel still negotiating with Flynn over documents: congressional aides

    An earlier report said that Flynn's lawyers said that he planned to ignore a Senate panel's subpoena. Typically, certifications against sitting executive branch officials have been made to the U.S.
    Flynn Has Not Responded to Subpoena: Senate Intel Chair

    Flynn Has Not Responded to Subpoena: Senate Intel Chair

    Flynn resigned as President Donald Trump's national security adviser on February 13, 2017. A lawyer for Flynn did not immediately respond to a request for comment.

    Juniper Networks (NYSE:JNPR) How Do the Technical Vary?

    Following the completion of the sale, the executive vice president now owns 12,834 shares in the company, valued at $366,924.06. The highest price JNPR stock touched in the last 12 month was $30.96 and the lowest price it hit in the same period was $20.94.
  • Mourinho: United 'don't want to play' Premier League games

    Mourinho: United 'don't want to play' Premier League games

    You can't let players go two weeks without a game before a cup final like that. I don't know what is important for them. "I'm serious.

    Short Interest in Horizon Pharma PLC (HZNP) Decreases By 7.5%

    Horizon Pharma plc (HZNP) has been given an average price target of $16.8 from analysts, according to data collected by Finviz. Stock exchanged hands with the total volume of 4.19 Million shares, as contrast to its average volume of 2.78 Million shares.
    Residents of Pyongyang, Seoul comment on test of new missile

    Residents of Pyongyang, Seoul comment on test of new missile

    While Trump has said he'd be "honored" to talk Kim under favorable conditions, Haley seemed to rule out the possibility. The North is under United Nations sanctions for its nuclear and missile programmes, which have triggered global alarm.
  • Duggar Sisters Suing Officials And Magazine Over Releasing Investigative Reports Leak

    Duggar Sisters Suing Officials And Magazine Over Releasing Investigative Reports Leak

    There's a new turn in the molestation scandal that rocked the popular Duggar family from 19 Kids and Counting and Counting On . In May 2015, In Touch Weekly sent a Freedom of Information Act request for the incident report after getting an anonymous tip.
    Four-goal Kane helps Spurs punish Leicester

    Four-goal Kane helps Spurs punish Leicester

    I think I told you many times that we will keep the players we want to keep and maybe sell the players that we want to sell". Ndidi formed a defensive midfield partnership with Ghana's Daniel Amartey but they were overrun by a rampant Spurs side.
    Ford Reportedly Plans To Shrink Its Global Work Force By 10 Percent

    Ford Reportedly Plans To Shrink Its Global Work Force By 10 Percent

    The automaker confirmed that number Wednesday after reports this week that hundreds of layoffs were coming to boost profits. Ford last month committed to cutting costs by $3 billion this year, despite that commodity prices are up by $1 billion.


Most liked

Sweden drops Julian Assange rape investigation
The Metropolitan Police Service (MPS) is obliged to execute that warrant should he leave the Embassy. Police say the next day he faces arrest for breaking the conditions of his bail.

Jon Bon Jovi gives lessons in life to students at graduation ceremony
Bon Jovi had to scrap two shows at nearby Madison Square Garden in NY last month (Apr17) in order to recover from bronchitis. Never assume or judge a book by its cover; /the truth is, there are many surprises awaiting you on your journey.

Embiid thinks 76ers can challenge Cavaliers as early as next season
Speaking at ESPN's Upfront presentation Tuesday, Embiid said he was about two to three weeks from returning to the court. While Embiid may be aiming a little high, there are reasons to expect improvement from the 76ers next season.

Duterte OKs nat'l smoking ban
The order had been reported in some media as a blanket ban on smoking in public places. "It's an order to the Executive branch". President Duterte finally signed yesterday Executive Order 26 (EO 26) for the implementation of the nationwide smoking ban.

Referee Steinhaus promoted as 1st women in Bundesliga
Bibiana #Steinhaus pfeift in der kommenden Saison in der #Bundesliga : "Ein Traum wird wahr". By extension, she will become the first female referee across Europe's top five leagues.

Jefferies Group LLC Reaffirms "Buy" Rating for Discover Financial Services (DFS)
On average, equities research analysts predict that Discover Financial Services will post $6.02 EPS for the current fiscal year. Orrstown Financial Services Inc. boosted its position in shares of Discover Financial Services by 64.2% in the first quarter.

OPEC Pullback Seen Continuing as US Shale Oil Rebounds Sharply, Says IEA
Opec and its partners will meet on May 25 in Vienna to decide whether to prolong their supply cuts past June. USA crude imports rose 577 Mbbl/d last week, while exports rose 400 Mbbl/d.

USA warplanes launch airstrikes against regime forces in Syria
Defence Secretary Jim Mattis said the U.S. will defend its troops in case of "aggressive" steps against them. The Syrian Observatory for Human Rights, a UK-based monitoring group, reported that eight people were killed.

Everything We Know About Young Sheldon So Far
Sheldon stopped saying this catchphrase on The Big Bang Theory years ago, but maybe it'll come back for a full circle moment. They brought in a ringer to direct the pilot - Iron Man's Jon Favreau, who also gets an executive producer credit.

1 firefighter killed, 2 seriously hurt in San Antonio fire
Hood did not say exactly what led to Deem's death. "But we're gonna continue to do the good job we always do", he said. Hood said crews affected by the fire were placed with crisis intervention personnel for support.

Silva sees Man City progress under Guardiola in trophyless campaign
Manchester City are closing in on a Champions League place for next season, following a nervy 2-1 victory over Leicester . I remember at that time Sir Alex Ferguson and the "noisy neighbours". "Sure.

EU's Tusk calls for 'mutual respect' amid election spat with UK
It is not a small thing but we must and will negotiate in all "fairness" with our British friends. The daily FAZ reported that Junker had told May that Brexit could not be a success.

French constitutional council officially approves Macron as president-elect
He was abruptly told he had to apply online and should not assume he will be accepted. The party's first secretary Jean-Christophe Cambadélis said "a procedure is ongoing".

Will Smith defends Netflix at Cannes: It's 'nothing but an absolute benefit'
The outcry from French cinemas was such that there were rumours that the two Netflix movies would be excluded at the last minute. Smith, who has the big-budget Netflix movie Bright on the way, spoke as the voice of the streaming generation.

President Trump says 'perfect accuracy' from surrogates isn't possible
The president made a decision to fire Comey, then had Attorney General Jeff Sessions and Rosenstein come up with a rationale. Kellyanne Conway in CNN interview with Anderson Cooper: "I think you're looking at the wrong set of facts here".