Callahan Advisors LLC increased its position in Weingarten Realty Investors (NYSE:WRI) by 1.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,740 shares of the real estate investment trust’s stock after buying an additional 2,095 shares during the period. Callahan Advisors LLC owned 0.11% of Weingarten Realty Investors worth $5,252,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. NN Investment Partners Holdings N.V. raised its position in Weingarten Realty Investors by 4,295.8% in the second quarter. NN Investment Partners Holdings N.V. now owns 1,168,584 shares of the real estate investment trust’s stock worth $47,702,000 after buying an additional 1,142,000 shares during the last quarter. Security Capital Research & Management Inc. bought a new position in Weingarten Realty Investors during the second quarter worth approximately $36,573,000. Cbre Clarion Securities LLC raised its position in Weingarten Realty Investors by 59.6% in the second quarter. Cbre Clarion Securities LLC now owns 2,197,284 shares of the real estate investment trust’s stock worth $89,693,000 after buying an additional 820,868 shares during the last quarter. Bank of New York Mellon Corp raised its position in Weingarten Realty Investors by 13.3% in the second quarter. Bank of New York Mellon Corp now owns 6,016,269 shares of the real estate investment trust’s stock worth $245,583,000 after buying an additional 708,035 shares during the last quarter. Finally, Emerald Acquisition Ltd. bought a new position in Weingarten Realty Investors during the second quarter worth approximately $19,730,000. 81.00% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Weingarten Realty Investors (NYSE:WRI)

Weingarten Realty Investors (NYSE:WRI) traded up 1.10% during midday trading on Tuesday, reaching $35.70. The company had a trading volume of 733,259 shares. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 18.65 and a beta of 0.84. Weingarten Realty Investors has a 52 week low of $31.89 and a 52 week high of $43.70. The firm has a 50-day moving average price of $36.06 and a 200-day moving average price of $39.02.

Weingarten Realty Investors (NYSE:WRI) last announced its earnings results on Thursday, October 27th. The real estate investment trust reported $0.58 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.58. The business earned $129.70 million during the quarter, compared to analyst estimates of $134.50 million. Weingarten Realty Investors had a net margin of 45.71% and a return on equity of 14.82%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.56 EPS. Analysts expect that Weingarten Realty Investors will post $2.30 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 8th will be paid a dividend of $0.365 per share. The ex-dividend date is Tuesday, December 6th. This represents a $1.46 dividend on an annualized basis and a yield of 4.09%. Weingarten Realty Investors’s dividend payout ratio is presently 76.44%.

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A number of equities analysts have recently commented on WRI shares. Zacks Investment Research lowered Weingarten Realty Investors from a “buy” rating to a “hold” rating in a report on Thursday, October 27th. Boenning Scattergood raised Weingarten Realty Investors from an “underperform” rating to a “neutral” rating in a report on Tuesday, October 18th. Jefferies Group reaffirmed a “hold” rating on shares of Weingarten Realty Investors in a report on Wednesday, November 9th. Finally, Citigroup Inc. raised their price target on Weingarten Realty Investors from $40.00 to $42.00 and gave the stock a “neutral” rating in a report on Friday, August 12th.

In other news, Director Stephen A. Lasher sold 10,900 shares of the company’s stock in a transaction on Friday, September 2nd. The stock was sold at an average price of $41.90, for a total value of $456,710.00. Following the completion of the sale, the director now directly owns 211,816 shares in the company, valued at approximately $8,875,090.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen A. Lasher sold 8,287 shares of the company’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $41.75, for a total value of $345,982.25. Following the completion of the sale, the director now owns 203,529 shares of the company’s stock, valued at $8,497,335.75. The disclosure for this sale can be found here. Company insiders own 8.80% of the company’s stock.

About Weingarten Realty Investors

Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. It is engaged in the business of owning, managing and developing retail shopping centers. Its properties consist primarily of neighborhood and community shopping centers.

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