Economy

Retail Properties of America, I (RPAI) Holdings Decreased by Renaissance Technologies LLC

Retail Properties of America, I (RPAI) Holdings Decreased by Renaissance Technologies LLC

They now have a Dollars 15 price target on the stock. (NYSE:NNN) for 35,200 shares. Zacks' sales averages are an average based on a survey of research firms that cover National Retail Properties. Zacks Investment Research cut shares of National Retail Properties from a "buy" rating to a "hold" rating in a report on Thursday, August 3rd. The company presently has an average rating of "Hold" and a consensus price target of $50.50. Following the completion of the transaction, the executive vice president now owns 21,267 shares in the company, valued at $856,634.76. ValuEngine lowered Retail Properties of America from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd.

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Retail Properties of America, I (NYSE:RPAI). Trading was heavy with 1,310K shares changing hands in the last trading session.

Retail Properties of America, I's P/E ratio is 16.70 and the market cap of the company is 3.04B. National Retail Properties has a one year low of $36.45 and a one year high of $52.27. The firm's 50 day moving average price is $38.82 and its 200-day moving average price is $42.00.

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Among 12 analysts covering National Retail Properties (NYSE:NNN), 5 have Buy rating, 1 Sell and 6 Hold. Bank of Montreal Can now owns 34,182 shares of the real estate investment trust's stock worth $493,000 after buying an additional 3,000 shares during the last quarter. National Retail Properties had a return on equity of 8.07% and a net margin of 44.24%. The business had revenue of $145.55 million for the quarter, compared to the consensus estimate of $142.83 million. During the same period in the previous year, the business posted $0.60 EPS. On average, equities research analysts predict that Retail Properties of America will post $0.08 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. The dividend payment will be $0.165 per share for the quarter or $0.66 on an annualized basis. Citigroup maintained the stock with "Buy" rating in Monday, September 14 report. (NYSE:NNN) were released by: Nasdaq.com and their article: "Ex-Dividend Reminder: National Retail Properties, Himax Technologies and Texas ..." published on July 25, 2017 as well as Nasdaq.com's news article titled: "National Retail Properties a Top Ranked SAFE Dividend Stock With 4.6% Yield (NNN)" with publication date: August 02, 2017. As of the end of the quarter V3 Capital Management, L.p. had sold a total of 1,189,895 shares trimming its stake by 27.7%. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard P. Imperiale acquired 4,500 shares of the firm's stock in a transaction that occurred on Tuesday, May 16th. The shares were acquired at an average price of $12.61 per share, with a total value of $56,745.00. The disclosure for this sale can be found here.

Hedge funds have recently bought and sold shares of the stock. Nationwide Fund Advisors increased its position in shares of National Retail Properties by 0.7% in the first quarter. Its stake was worth $50,954,000 a decrease of 19.3% as of the end of the quarter. Metropolitan Life Insurance Co. Finally, World Asset Management Inc increased its stake in National Retail Properties by 1.7% in the first quarter. APG Asset Management US Inc. now owns 1,819,300 shares of the real estate investment trust's stock worth $71,135,000 after buying an additional 297,530 shares in the last quarter. Credit Agricole S A increased its position in Retail Properties of America by 14.0% in the first quarter. Tower Research Capital LLC TRC now owns 2,302 shares of the real estate investment trust's stock valued at $100,000 after buying an additional 1,694 shares in the last quarter. Teachers Advisors LLC owned approximately 0.48% of Retail Properties of America worth $16,437,000 as of its most recent filing with the SEC. Public Employees Retirement Association of Colorado increased its stake in National Retail Properties by 0.4% in the second quarter.

Virginia Retirement Et Al stated it has 0.09% of its portfolio in National Retail Properties, Inc. The Company owns and operates shopping centers located in the United States. As of December 31, 2016, it owned 156 retail operating properties representing 25,832,000 square feet of gross leasable area (GLA). Its retail operating portfolio includes neighborhood and community centers, power centers, and lifestyle centers and multi-tenant retail-focused mixed-use properties, as well as single-user retail properties.