Economy

Retail Properties of America, Inc. (RPAI) Short Interest Up 49.6% in August

National Retail Properties Inc (NNN)'s Williams Percent Range or 14 day Williams %R now sits at -66.10.

PRISM TECH GROUP INCORPORATED (OTCMKTS:PRZM) had an increase of 570% in short interest. As of March 15th, there was short interest totalling 2,485,947 shares, a growth of 98.7% from the February 28th total of 1,251,022 shares. Short interest increased from 1,613,069 to 2,412,815 over that period. (RPAI) closed -6.85% below its 200-day moving average and is -2.2% below another chart threshold, its 50-day moving average. Leading up to this report, we have seen a 0.54% rise in the stock price over the last 30 days and a 1.31% increase over the past 3 months. The stock was sold at an average price of $40.28, for a total value of $80,560.00. Koshinski Asset Management, Inc. claims 95,490 shares worth $1,165,933,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. RPAI's profit will be $57.72M for 12.95 P/E if the $0.25 EPS becomes a reality. It increased, as 32 investors sold NNN shares while 78 reduced holdings. Vanguard Group Inc. lifted its holdings in Retail Properties of America by 2.6% in the first quarter. Zacks Investment Research lowered Retail Properties of America from a "hold" rating to a "sell" rating in a research report on Wednesday, January 25th. Of the 8 analysts surveyed by Reuters that track RPAI 4 of them rate its stock a hold. Bank of Montreal Can raised its stake in Retail Properties of America by 9.6% during the first quarter. First Trust Advisors LP now owns 179,897 shares of the real estate investment trust's stock valued at $7,847,000 after buying an additional 79,615 shares during the period. Finally, Karp Capital Management Corp purchased a new stake in shares of Retail Properties of America during the 1st quarter valued at about $426,000. AEW Capital Management L P now owns 6,187,093 shares of the real estate investment trust's stock valued at $75,544,000 after buying an additional 497,293 shares during the period. The correct version of this piece of content can be viewed at https://stocknewstimes.com/2017/09/25/retail-properties-of-america-inc-rpai-stake-lessened-by-thrivent-financial-for-lutherans.html. The stock has "Buy" rating by Citigroup on Monday, April 4. (NYSE:RPAI) was down -1.22% (-$0.16) to $12.92 and showed a volume of 1.18 mln shares. The company has market cap of $5.69 billion. The 50 day moving average moved down $-0.46 and the 200 day average went down by -2.9961%.

Many analysts have provided their estimated foresights on Retail Properties of America, Inc.

Let's view some technical levels on shares of Retail Properties of America Inc (RPAI).

Now, the FactSet Research estimate calls for Q3 2017 earnings of US$0.03. State of Alaska Department of Revenue now owns 124,380 shares of the company's stock worth $2,089,000 after buying an additional 1,250 shares during the last quarter. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.01 by $0.24. The firm's revenue was down 6.7% compared to the same quarter a year ago. On average, equities analysts anticipate that Retail Properties of America will post $0.51 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 10th. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.12%. Its retail operating portfolio includes neighborhood and community centers, power centers, and lifestyle centers and multi-tenant retail-focused mixed-use properties, as well as single-user retail properties.

Several equities analysts recently issued reports on NNN shares. (NYSE:RPAI)'s Buy count is 0 and Strong Buy is 3 while the number of analysts recommending Sell and Strong Sell are 0 and 4, respectively.

Analysts await Retail Properties of America Inc (NYSE:RPAI) to report earnings on October, 30 after the close. Finally, KeyCorp reaffirmed a hold rating on shares of Retail Properties of America in a research report on Friday, August 25th. Bank of America downgraded National Retail Properties, Inc.

On the other hand, Retail Properties of America, Inc.by far traveled 11.54% versus a 1-year low price of $11.61. The firm has "Neutral" rating by BTIG Research given on Thursday, August 25. The stock presently has an average rating of "Hold" and an average price target of $45.86.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by Week Herald and is the property of of Week Herald. National Retail Properties Inc now has $6.26B valuation.

Retail Properties of America, Inc. The Firm owns and operates shopping centers located in the United States.



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