Analysts See $0.37 EPS for Pennsylvania Real Estate Investment Trust (PEI)

October 14, 2018 - By Adrian Mccoy

Pennsylvania Real Estate Investment Trust (NYSE:PEI) LogoInvestors sentiment increased to 1.31 in 2018 Q2. Its up 0.05, from 1.26 in 2018Q1. It is positive, as 19 investors sold Pennsylvania Real Estate Investment Trust shares while 53 reduced holdings. 39 funds opened positions while 55 raised stakes. 60.94 million shares or 9.05% less from 67.00 million shares in 2018Q1 were reported.
Moreover, State Of Alaska Department Of Revenue has 0% invested in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 22,849 shares. California State Teachers Retirement holds 105,318 shares or 0% of its portfolio. Daiwa Securities Grp Inc holds 0% or 9,000 shares in its portfolio. California Public Employees Retirement Systems holds 174,019 shares or 0% of its portfolio. Mason Street Advsrs Limited Liability Corporation has invested 0.01% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Teachers Retirement Systems Of The State Of Kentucky holds 22,476 shares. Ameriprise Finance Incorporated owns 392,904 shares or 0% of their US portfolio. Point72 Asset L P has invested 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Huntington Bancorp owns 848 shares or 0% of their US portfolio. Benjamin F Edwards And stated it has 1,200 shares. Schwab Charles Investment Management has 0.01% invested in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 1.22 million shares. Arrow Inv Advsr Ltd has invested 0.17% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Strs Ohio reported 117,522 shares stake. Stifel Financial Corporation holds 0% or 48,046 shares in its portfolio. Citigroup has 0% invested in Pennsylvania Real Estate Investment Trust (NYSE:PEI).

Analysts expect Pennsylvania Real Estate Investment Trust (NYSE:PEI) to report $0.37 EPS on November, 7.They anticipate $0.05 EPS change or 11.90 % from last quarter’s $0.42 EPS. PEI’s profit would be $29.13M giving it 5.99 P/E if the $0.37 EPS is correct. After having $0.39 EPS previously, Pennsylvania Real Estate Investment Trust’s analysts see -5.13 % EPS growth. The stock decreased 0.67% or $0.06 during the last trading session, reaching $8.86. About 931,218 shares traded. Pennsylvania Real Estate Investment Trust (NYSE:PEI) has declined 4.09% since October 14, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) Ratings Coverage

Among 3 analysts covering Pennsylvania Real Estate Investment Trust Common Stock (NYSE:PEI), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Pennsylvania Real Estate Investment Trust Common Stock had 4 analyst reports since May 2, 2018 according to SRatingsIntel. As per Thursday, May 3, the company rating was maintained by Boenning & Scattergood. The company was maintained on Tuesday, June 19 by Citigroup. The stock of Pennsylvania Real Estate Investment Trust (NYSE:PEI) earned “Neutral” rating by Citigroup on Thursday, August 16. The firm has “Hold” rating given on Wednesday, May 2 by Stifel Nicolaus.

PREIT is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets. The company has market cap of $697.51 million. PREIT's robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the densely populated eastern U.S. with concentrations in the mid-Atlantic's top MSAs. It currently has negative earnings. Since 2012, the firm has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures.

More recent Pennsylvania Real Estate Investment Trust (NYSE:PEI) news were published by: Seekingalpha.com which released: “PREIT executes leases at four malls with new tenant Love Culture” on October 02, 2018. Also Seekingalpha.com published the news titled: “PREIT says its exposure to Sears reduced to four stores” on October 10, 2018. Nasdaq.com‘s news article titled: “Mid-Afternoon Market Update: Gold Falls 1.3%; Menlo Therapeutics Shares Plunge” with publication date: October 08, 2018 was also an interesting one.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) Institutional Positions Chart

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