Breaking Short Interest: Could Weingarten Realty Investors (NYSE:WRI) Skyrocket? The Stock Had Too Little Sellers

November 21, 2016 - By Winifred Garcia   ·   0 Comments

Breaking Short Interest: Could Weingarten Realty Investors (NYSE:WRI) Skyrocket? The Stock Had Too Little Sellers

The stock of Weingarten Realty Investors (NYSE:WRI) registered a decrease of 7.5% in short interest. WRI’s total short interest was 1.86M shares in November as published by FINRA. Its down 7.5% from 2.01 million shares, reported previously. With 661,000 shares average volume, it will take short sellers 3 days to cover their WRI’s short positions. The short interest to Weingarten Realty Investors’s float is 1.56%. About 292,204 shares traded hands. Weingarten Realty Investors (NYSE:WRI) has declined 7.57% since April 19, 2016 and is downtrending. It has underperformed by 11.43% the S&P500.

Weingarten Realty Investors is a real estate investment trust . The company has a market cap of $4.43 billion. The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. It has a 18.19 P/E ratio. It is engaged in the business of owning, managing and developing retail shopping centers.

Insitutional Activity: The institutional sentiment decreased to 1.25 in Q2 2016. Its down 0.30, from 1.55 in 2016Q1. The ratio dived, as 20 funds sold all Weingarten Realty Investors shares owned while 75 reduced positions. 33 funds bought stakes while 114 increased positions. They now own 99.80 million shares or 0.97% less from 100.78 million shares in 2016Q1.
Macquarie Grp Limited has invested 0% of its portfolio in Weingarten Realty Investors (NYSE:WRI). Linscomb And Williams Incorporated holds 0.16% of its portfolio in Weingarten Realty Investors (NYSE:WRI) for 38,091 shares. Paloma Prtn Mngmt last reported 27,998 shares in the company. Fifth Third Bank has invested 0.02% of its portfolio in Weingarten Realty Investors (NYSE:WRI). Mutual Of America Capital Management Limited Liability holds 85,660 shares or 0.07% of its portfolio. Cornerstone Cap Hldg holds 0.03% of its portfolio in Weingarten Realty Investors (NYSE:WRI) for 85,184 shares. The Oregon-based Oregon Public Employees Retirement Fund has invested 0.03% in Weingarten Realty Investors (NYSE:WRI). Old Mutual Customised Solutions (Proprietary) Limited holds 4,400 shares or 0.05% of its portfolio. Morgan Stanley last reported 310,545 shares in the company. Tudor Inv Et Al last reported 13,653 shares in the company. Shinko Asset Ltd holds 5.39M shares or 1.54% of its portfolio. Legal And General Public Ltd last reported 0.03% of its portfolio in the stock. Huntington National Bank has 8,401 shares for 0.01% of their US portfolio. Tortoise Mngmt Lc has invested 0% of its portfolio in Weingarten Realty Investors (NYSE:WRI). Liberty Mutual Gp Asset accumulated 0.07% or 49,504 shares.

Insider Transactions: Since August 2, 2016, the stock had 0 insider buys, and 8 sales for $9.71 million net activity. RICHTER STEPHEN C had sold 18,000 shares worth $770,400 on Tuesday, August 2. LASHER STEPHEN A had sold 10,900 shares worth $456,710 on Friday, September 2. Shares for $238,324 were sold by ALEXANDER ANDREW M.

Weingarten Realty Investors (NYSE:WRI) Ratings Coverage

Out of 3 analysts covering Weingarten Realty Investors (NYSE:WRI), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Weingarten Realty Investors has been the topic of 8 analyst reports since August 14, 2015 according to StockzIntelligence Inc. On Friday, August 14 the stock rating was maintained by Citigroup with “”. The firm has “Hold” rating given on Wednesday, August 19 by Zacks. Citigroup maintained the shares of WRI in a report on Friday, August 12 with “Neutral” rating. Boenning & Scattergood upgraded Weingarten Realty Investors (NYSE:WRI) on Tuesday, October 18 to “Neutral” rating. As per Wednesday, April 27, the company rating was downgraded by Citigroup. Zacks upgraded Weingarten Realty Investors (NYSE:WRI) rating on Thursday, August 27. Zacks has “Hold” rating and $36 price target. The firm earned “Buy” rating on Friday, July 1 by UBS.

WRI Company Profile

Weingarten Realty Investors, incorporated on May 01, 1905, 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. The Firm is engaged in the business of owning, managing and developing retail shopping centers. The Firm also provides property management services. The Company’s properties consist primarily of neighborhood and community shopping centers. The Firm holds interests in Deerfield Mall, which is a Publix-anchored center located in the South Florida community of Deerfield Beach. Deerfield Mall consists of a portfolio of approximately 20 grocery-anchored centers.

More news for Weingarten Realty Investors (NYSE:WRI) were recently published by: Marketwatch.com, which released: “Weingarten Realty Investors stock price target raised to $45 from $36 at UBS” on December 22, 2009. Nasdaq.com‘s article titled: “Weingarten Realty Investors Q3 Revenues Beat Street Mark, Core FFO in Line” and published on October 28, 2016 is yet another important article.

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By Winifred Garcia


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