Ramco-Gershenson Properties Trust (NYSE:RPT) – Analysts at Capital One Financial Corp. decreased their FY2016 EPS estimates for shares of Ramco-Gershenson Properties Trust in a research note issued to investors on Sunday. Capital One Financial Corp. analyst C. Lucas now anticipates that the firm will post earnings per share of $1.35 for the year, down from their prior forecast of $1.37. Capital One Financial Corp. also issued estimates for Ramco-Gershenson Properties Trust’s Q4 2017 earnings at $0.36 EPS and FY2017 earnings at $1.43 EPS.

Several other equities analysts also recently commented on RPT. Zacks Investment Research downgraded shares of Ramco-Gershenson Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, July 21st. Wunderlich boosted their target price on shares of Ramco-Gershenson Properties Trust from $20.00 to $21.50 and gave the stock a “buy” rating in a report on Friday, August 5th. Finally, Jefferies Group reissued a “buy” rating on shares of Ramco-Gershenson Properties Trust in a report on Monday, August 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $20.36.

Earnings History and Estimates for Ramco-Gershenson Properties Trust (NYSE:RPT)

Shares of Ramco-Gershenson Properties Trust (NYSE:RPT) opened at 17.04 on Tuesday. The stock has a 50 day moving average of $17.45 and a 200 day moving average of $18.51. Ramco-Gershenson Properties Trust has a 52-week low of $15.50 and a 52-week high of $20.24. The stock has a market capitalization of $1.35 billion, a PE ratio of 22.42 and a beta of 0.85.

Ramco-Gershenson Properties Trust (NYSE:RPT) last posted its earnings results on Tuesday, November 1st. The real estate investment trust reported $0.34 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.34. Ramco-Gershenson Properties Trust had a net margin of 25.44% and a return on equity of 8.35%. The firm earned $64.08 million during the quarter, compared to analysts’ expectations of $64.53 million. During the same period last year, the company posted $0.36 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year.

Large investors have recently added to or reduced their stakes in the stock. 1st Global Advisors Inc. increased its stake in Ramco-Gershenson Properties Trust by 0.4% in the second quarter. 1st Global Advisors Inc. now owns 16,396 shares of the real estate investment trust’s stock worth $322,000 after buying an additional 63 shares during the last quarter. Stifel Financial Corp boosted its position in Ramco-Gershenson Properties Trust by 0.3% in the second quarter. Stifel Financial Corp now owns 24,500 shares of the real estate investment trust’s stock worth $480,000 after buying an additional 76 shares during the period. Aperio Group LLC boosted its position in Ramco-Gershenson Properties Trust by 1.1% in the third quarter. Aperio Group LLC now owns 20,499 shares of the real estate investment trust’s stock worth $384,000 after buying an additional 223 shares during the period. US Bancorp DE boosted its position in Ramco-Gershenson Properties Trust by 4.4% in the second quarter. US Bancorp DE now owns 5,692 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 239 shares during the period. Finally, Hsbc Holdings PLC boosted its position in Ramco-Gershenson Properties Trust by 2.2% in the second quarter. Hsbc Holdings PLC now owns 12,084 shares of the real estate investment trust’s stock worth $237,000 after buying an additional 260 shares during the period.

About Ramco-Gershenson Properties Trust

Ramco-Gershenson Properties Trust is an integrated real estate investment trust. The Company’s primary business is the ownership and management of multi-anchored shopping centers primarily in approximately 10 metropolitan markets in the United States. The Company’s property portfolio includes approximately 70 shopping centers and an office building comprising approximately 15.3 million square feet.

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