DDR Corp (NYSE:DDR) Stock Sentiment Worsens

October 2, 2018 - By Hazel Jackson

DDR Corp. (NYSE:DDR) Logo

Sentiment for DDR Corp (NYSE:DDR)

DDR Corp (NYSE:DDR) institutional sentiment decreased to 0.02 in 2018 Q2. Its down -1.03, from 1.05 in 2018Q1. The ratio turned negative, as 4 hedge funds increased or opened new equity positions, while 189 reduced and sold their positions in DDR Corp. The hedge funds in our partner’s database now possess: 146,153 shares, down from 300.66 million shares in 2018Q1. Also, the number of hedge funds holding DDR Corp in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 187 Reduced: 2 Increased: 1 New Position: 3.

DDR Corp. is an equity real estate investment trust. The company has market cap of $2.43 billion. It invests in the real estate markets of the United States and Puerto Rico. It currently has negative earnings. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers.

The stock decreased 0.45% or $0.06 during the last trading session, reaching $13.21. About 143,246 shares traded. DDR Corp. (NYSE:DDR) has declined 13.64% since October 2, 2017 and is downtrending. It has underperformed by 29.26% the S&P500.

Analysts await DDR Corp. (NYSE:DDR) to report earnings on November, 1. They expect $0.31 EPS, down 48.33 % or $0.29 from last year’s $0.6 per share. DDR’s profit will be $57.05 million for 10.65 P/E if the $0.31 EPS becomes a reality. After $0.49 actual EPS reported by DDR Corp. for the previous quarter, Wall Street now forecasts -36.73 % negative EPS growth.

Price Capital Management Inc. holds 0.35% of its portfolio in DDR Corp. for 39,730 shares. Rocky Mountain Advisers Llc owns 1,000 shares or 0.07% of their US portfolio. Moreover, Whittier Trust Co has 0.01% invested in the company for 8,314 shares. The Colorado-based Alps Advisors Inc has invested 0% in the stock. Macquarie Group Ltd, a Australia-based fund reported 48,800 shares.

Since January 1, 0001, it had 13 insider buys, and 1 insider sale for $101.74 million activity.

DDR Corp. (NYSE:DDR) Ratings Coverage

Ratings analysis reveals 0 of DDR Corp’s analysts are positive. Out of 10 Wall Street analysts rating DDR Corp, 0 give it “Buy”, 1 “Sell” rating, while 9 recommend “Hold”. The lowest target is $7.2500 while the high is $1800. The stock’s average target of $11.86 is -10.22% below today’s ($13.21) share price. DDR was included in 16 notes of analysts from April 13, 2018. The rating was maintained by Citigroup on Tuesday, July 31 with “Buy”. The rating was maintained by Jefferies with “Hold” on Friday, April 13. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, April 24 report. Evercore upgraded the stock to “In-Line” rating in Wednesday, April 25 report. The stock of DDR Corp. (NYSE:DDR) earned “Hold” rating by SunTrust on Friday, April 20. RBC Capital Markets maintained DDR Corp. (NYSE:DDR) on Tuesday, April 24 with “Hold” rating. The firm earned “Hold” rating on Tuesday, July 3 by Stifel Nicolaus. The firm earned “Neutral” rating on Tuesday, May 1 by JP Morgan. The rating was maintained by Deutsche Bank on Tuesday, April 17 with “Buy”. The company was downgraded on Friday, September 14 by Citigroup.

More important recent DDR Corp. (NYSE:DDR) news were published by: Seekingalpha.com which released: “DDR Corp Deposit Shs Cum Red Pfd Shs Series J declares $0.406250 dividend” on September 05, 2018, also Businesswire.com published article titled: “DDR Declares Common Stock Dividend of $0.20 for Third Quarter 2018”, Seekingalpha.com published: “DDR Corp Deposit Shs Cum Red Pfd Shs K declares $0.39063 dividend” on September 05, 2018. More interesting news about DDR Corp. (NYSE:DDR) was released by: Seekingalpha.com and their article: “DDR Corp Deposit Shs Cum Red Pfd Registered Shs A declares $0.39844 dividend” with publication date: September 05, 2018.

DDR Corp. (NYSE:DDR) Ratings Chart

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