Weingarten Realty Investors (WRI) Shares Bought by California State Teachers Retirement System

California State Teachers Retirement System increased its position in Weingarten Realty Investors (NYSE:WRI) by 0.8% during the third quarter, Holdings Channel reports. The firm owned 255,573 shares of the real estate investment trust’s stock after buying an additional 2,100 shares during the period. California State Teachers Retirement System’s holdings in Weingarten Realty Investors were worth $9,962,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Tower Research Capital LLC TRC increased its position in shares of Weingarten Realty Investors by 967.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,767 shares of the real estate investment trust’s stock worth $154,000 after buying an additional 3,414 shares during the period. CT Financial Advisors LLC increased its position in shares of Weingarten Realty Investors by 0.3% in the third quarter. CT Financial Advisors LLC now owns 4,077 shares of the real estate investment trust’s stock worth $159,000 after buying an additional 13 shares during the period. Advisor Group Inc. bought a new position in shares of Weingarten Realty Investors during the second quarter worth $163,000. Investment Counselors of Maryland LLC increased its position in shares of Weingarten Realty Investors by 3.9% in the third quarter. Investment Counselors of Maryland LLC now owns 4,176 shares of the real estate investment trust’s stock worth $163,000 after buying an additional 155 shares during the period. Finally, Baird Financial Group Inc. bought a new position in shares of Weingarten Realty Investors during the second quarter worth $204,000. 80.86% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Weingarten Realty Investors (NYSE:WRI)

Shares of Weingarten Realty Investors (NYSE:WRI) traded up 0.14% during midday trading on Wednesday, hitting $35.57. The stock had a trading volume of 38,807 shares. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 18.58 and a beta of 0.79. The stock’s 50 day moving average price is $35.48 and its 200 day moving average price is $38.52. Weingarten Realty Investors has a 12 month low of $31.89 and a 12 month high of $43.70.

Weingarten Realty Investors (NYSE:WRI) last issued its quarterly earnings results on Thursday, October 27th. The real estate investment trust reported $0.58 earnings per share for the quarter, meeting the consensus estimate of $0.58. Weingarten Realty Investors had a return on equity of 14.82% and a net margin of 45.71%. The firm earned $129.70 million during the quarter, compared to the consensus estimate of $134.50 million. During the same period last year, the company earned $0.56 earnings per share. The company’s revenue was up 6.3% on a year-over-year basis. On average, equities analysts forecast that Weingarten Realty Investors will post $1.74 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Stockholders of record on Thursday, December 8th were issued a dividend of $0.365 per share. The ex-dividend date of this dividend was Tuesday, December 6th. This represents a $1.46 annualized dividend and a dividend yield of 4.11%. Weingarten Realty Investors’s payout ratio is presently 76.44%.

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Several equities research analysts have commented on the stock. Boenning Scattergood raised shares of Weingarten Realty Investors from an “underperform” rating to a “neutral” rating in a report on Tuesday, October 18th. Zacks Investment Research downgraded shares of Weingarten Realty Investors from a “buy” rating to a “hold” rating in a report on Thursday, October 27th. Finally, Jefferies Group reaffirmed a “hold” rating on shares of Weingarten Realty Investors in a report on Wednesday, November 9th.

Weingarten Realty Investors Company Profile

Weingarten Realty Investors 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. It is engaged in the business of owning, managing and developing retail shopping centers. Its properties consist primarily of neighborhood and community shopping centers.

5 Day Chart for NYSE:WRI

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