Ramco-Gershenson Properties Trust (RPT) Analysts See $0.33 EPS

July 13, 2018 - By Marie Mckinney

Ramco-Gershenson Properties Trust (NYSE:RPT) LogoInvestors sentiment increased to 1.1 in Q1 2018. Its up 0.11, from 0.99 in 2017Q4. It is positive, as 14 investors sold Ramco-Gershenson Properties Trust shares while 53 reduced holdings. 22 funds opened positions while 52 raised stakes. 80.86 million shares or 0.96% more from 80.10 million shares in 2017Q4 were reported.
Employees Retirement Sys Of Texas reported 91,000 shares. Art Lc stated it has 0.01% in Ramco-Gershenson Properties Trust (NYSE:RPT). Invesco Ltd owns 1.37M shares or 0.01% of their US portfolio. Moreover, State Of Alaska Department Of Revenue has 0.02% invested in Ramco-Gershenson Properties Trust (NYSE:RPT) for 76,002 shares. Comerica Bank & Trust accumulated 83,625 shares. Rhumbline Advisers reported 207,206 shares stake. Moreover, State Board Of Administration Of Florida Retirement Sys has 0% invested in Ramco-Gershenson Properties Trust (NYSE:RPT). Moreover, Wellington Mngmt Group Llp has 0.02% invested in Ramco-Gershenson Properties Trust (NYSE:RPT) for 6.09 million shares. Cubist Systematic Strategies Limited Liability has invested 0.02% in Ramco-Gershenson Properties Trust (NYSE:RPT). Prudential Fin owns 709,426 shares. Price T Rowe Assoc Md has 0% invested in Ramco-Gershenson Properties Trust (NYSE:RPT) for 68,954 shares. Raymond James & Associates accumulated 0.01% or 248,009 shares. Bnp Paribas Arbitrage Sa invested 0% of its portfolio in Ramco-Gershenson Properties Trust (NYSE:RPT). Gemmer Asset Management Limited Liability reported 0% in Ramco-Gershenson Properties Trust (NYSE:RPT). Proshare Advisors Limited stated it has 12,512 shares or 0% of all its holdings.

Since May 11, 2018, it had 0 buys, and 3 sales for $1.20 million activity.

Analysts expect Ramco-Gershenson Properties Trust (NYSE:RPT) to report $0.33 EPS on August, 7.They anticipate $0.02 EPS change or 5.71 % from last quarter’s $0.35 EPS. RPT’s profit would be $27.03 million giving it 9.76 P/E if the $0.33 EPS is correct. After having $0.32 EPS previously, Ramco-Gershenson Properties Trust’s analysts see 3.13 % EPS growth. The stock decreased 1.00% or $0.13 during the last trading session, reaching $12.88. About 494,593 shares traded. Ramco-Gershenson Properties Trust (NYSE:RPT) has declined 8.91% since July 13, 2017 and is downtrending. It has underperformed by 21.48% the S&P500.

Ramco-Gershenson Properties Trust (NYSE:RPT) Ratings Coverage

Among 5 analysts covering Ramco-Gershenson (NYSE:RPT), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Ramco-Gershenson had 6 analyst reports since February 22, 2018 according to SRatingsIntel. Robert W. Baird maintained Ramco-Gershenson Properties Trust (NYSE:RPT) on Thursday, February 22 with “Hold” rating. Jefferies maintained it with “Hold” rating and $12.5 target in Tuesday, February 27 report. B. Riley & Co maintained it with “Buy” rating and $14 target in Thursday, February 22 report. Jefferies maintained the shares of RPT in report on Thursday, April 12 with “Hold” rating. The firm has “Neutral” rating given on Tuesday, May 8 by DA Davidson.

Ramco-Gershenson Properties Trust is a premier, national publicly-traded shopping center real estate investment trust (REIT) based in Farmington Hills, Michigan. The company has market cap of $1.06 billion. The Company's primary business is the ownership and management of regional dominant and urban-oriented, infill shopping centers in key growth markets in the 40 largest metropolitan markets in the United States. It has a 18.22 P/E ratio. At September 30, 2017, the Company owned interests in and managed a portfolio of 60 shopping centers and two joint venture properties.

More recent Ramco-Gershenson Properties Trust (NYSE:RPT) news were published by: Globenewswire.com which released: “RAMCO Properties Announces Second Quarter 2018 Earnings Release Date and Conference Call Information” on July 11, 2018. Also Nasdaq.com published the news titled: “RAMCO Properties Grants New CEO Brian Harper and New CFO Michael Fitzmaurice Inducement Awards Pursuant to …” on June 15, 2018. Bizjournals.com‘s news article titled: “Club Fitness to open $3 million Maplewood studio” with publication date: June 25, 2018 was also an interesting one.

Ramco-Gershenson Properties Trust (NYSE:RPT) Institutional Positions Chart

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