DDR (DDR) is Downgraded by Deutsche Bank to Hold according to the research report released to the investors. The Brokerage Firm has Lowered the Price Target of the company shares to $17 from a previous price target of $19 . Earlier the firm had a rating of Buy on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.
DDR Corp. is up 9.49% in the last 3-month period. Year-to-Date the stock performance stands at -8.28%.The company shares have dropped -9.14% from its 1 Year high price. On Feb 5, 2015, the shares registered one year high at $20.41 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $16.77 and the 200 Day Moving Average price is recorded at $16.21.
Shares of DDR Corp. (NYSE:DDR) rose by 0.36% in the past week and 0.96% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 1.19% and the outperformance increases to 3.32% for the last 4 weeks.
Shares of DDR Corp. (NYSE:DDR) ended Thursday session in red amid volatile trading. The shares closed down 0.06 points or 0.36% at $16.84 with 2,396,977 shares getting traded. Post opening the session at $16.9, the shares hit an intraday low of $16.72 and an intraday high of $16.925 and the price vacillated in this range throughout the day. The company has a market cap of $6,098 million and the number of outstanding shares have been calculated to be 362,129,770 shares. The 52-week high of DDR Corp. (NYSE:DDR) is $20.405 and the 52-week low is $14.71.
Currently the company Insiders own 0.69% of DDR Corp. shares according to the proxy statements. Institutional Investors own 92.72% of DDR Corp. shares. During last six month period, the net percent change held by insiders has seen a change of 2.22%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Gidel Robert H, director of Ddr Corp, executed a transaction worth $20,605 on August 25, 2015. A total of 1,300 shares were purchased at an average price of $15.85. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
DDR Corp. (DDR) is an owner and manager of 456 shopping centers representing 125 million square feet in 42 states and Puerto Rico. DDR is a self-administered and self-managed real estate investment trust (REIT). In July 2014, DDR Corp acquired four undisclosed power centers located in Chicago, Sacramento, Cincinnati, and Colorado Springs.