Washington Prime Group Inc. (WPG)

Macquarie Group Ltd. now owns 79,086 shares of the real estate investment trust's stock worth $823,000 after buying an additional 8,505 shares during the period.

Recent Trading for Washington Prime Group Inc.

Several other institutional investors also recently made changes to their positions in WPG. Finally, Independent Advisor Alliance bought a new stake in shares of Washington Prime Group during the first quarter worth about $238,000. Stifel Financial Corp now owns 129,728 shares of the real estate investment trust's stock worth $1,127,000 after buying an additional 3,841 shares in the last quarter. BidaskClub upgraded shares of Washington Prime Group from a "hold" rating to a "buy" rating in a report on Monday, July 31st. Over the past 2 quarters, Washington Prime Group Inc. KRV Capital LP now owns 1,820,159 shares of the real estate investment trust's stock valued at $15,817,000 after buying an additional 1,520,159 shares during the period. Washington Prime Group Inc. (NYSE:WPG) to go ex-dividend. Its book value per share for the most recent quarter is $5.07 while its price to book ratio for the same period is 1.71, as for as the company's cash per share for the most recent quarter is $0.39, however its price to cash per share ratio for the same period is 22.13. Washington Prime Group Inc. has a one year low of $7.31 and a one year high of $14.15.

The SMA20 for the stock is at 2.8 percent, SMA50 stands at 8.28 percent, while SMA200 is -1.42 Percent, according to Finviz reported data.

Washington Prime Group (NYSE:WPG) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.06. Return on Equity (ROE) stands at 19.1% and Return on Investment (ROI) of 4.9 percent. The business had revenue of $189.17 million during the quarter, compared to the consensus estimate of $197.69 million. During the same quarter in the prior year, the business posted $0.45 EPS. The business's revenue for the quarter was down 8.1% on a year-over-year basis.

Washington Prime Group Inc Cmn (NYSE:WPG) has average revenue estimates of $187.88 Million, compared to low analyst estimates of $185.15 Million and high estimates of $190.6 Million for the current quarter. The ex-dividend date was Tuesday the 30th of May 2017. This represents a $1.00 annualized dividend and a yield of 11.45%. Washington Prime Group's dividend payout ratio (DPR) is presently 108.70%.

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A number of equities research analysts recently commented on the stock. Zacks Investment Research raised Washington Prime Group from a "sell" rating to a "hold" rating in a research report on Wednesday, May 3rd. Finally, Boenning Scattergood reissued a "hold" rating on shares of Washington Prime Group in a research note on Friday, July 28th. Tracing annual dividend record of WPG we disclosed that Washington Prime Group Inc. ValuEngine downgraded Washington Prime Group from a "buy" rating to a "hold" rating in a report on Tuesday, June 6th. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 3.00, which implies that analysts are generally neutral in their outlook for WPG over the next year.

The share price of the company (NYSE:WPG) was down -5.25%, with a high of 9.10 during the day and the volume of Washington Prime Group Inc. shares traded was 2443009. Brookfield Asset Management Inc. now owns 4,745,048 shares of the real estate investment trust's stock valued at $49,396,000 after buying an additional 932,520 shares in the last quarter.

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