Technical Roundup on Retail REIT Stocks -- Simon Property, Retail Properties of America, Pennsylvania REIT, and Weingarten Realty Investors

05 Aug, 2016, 09:00 ET from Chelmsford Park SA

NEW YORK, August 5, 2016 /PRNewswire/ --

Stock-Callers.com has on its watch list the Retail REITs space, which is influenced by consumer spending trends and economic conditions. Compared with other types of REITs, the industry is known for being less susceptible to economic uncertainties. This morning, research reports have been issued on four equities, namely: Simon Property Group Inc. (NYSE: SPG), Retail Properties of America Inc. (NYSE: RPAI), Pennsylvania Real Estate Investment Trust (NYSE: PEI), and Weingarten Realty Investors (NYSE: WRI). Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

Simon Property Group  

Indianapolis, Indiana-based Simon Property Group Inc.'s stock ended Thursday's session 1.21% lower at $219.62 with a total volume of 1.04 million shares traded. The Company's shares have advanced 0.96% in the last month, 6.20% over the previous three months, and 14.87% on an YTD basis. The stock is trading 3.47% above its 50-day moving average and 10.96% above its 200-day moving average. Moreover, shares of Simon Property Group, which invests in the real estate markets across the globe, have a Relative Strength Index (RSI) of 49.89.

On July 27th, 2016, Simon Property Group reported net income attributable to common stockholders of $455.4 million, or $1.45 per diluted share, as compared to $472.9 million, or $1.52 per diluted share, in the prior year period. The company noted that Funds from Operations was $952.9 million, or $2.63 per diluted share, as compared to $955.4 million, or $2.63 per diluted share, in the prior year period.

On August 03rd, 2016, research firm Mizuho downgraded the Company's stock rating from 'Buy' to 'Neutral', issuing a target price of $238 per share. SPG complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=SPG

Retail Properties of America  

On Thursday, Oak Brook, Illinois-based Retail Properties of America Inc.'s shares closed the day flat at $17.37 and with a total volume of 1.08 million shares traded. The stock has advanced 1.11% in the last month, 4.98% over the previous three months, and 20.13% since the start of this year. The Company's shares are trading 4.62% above their 50-day moving average and 12.92% above their 200-day moving average. Additionally, shares of Retail Properties of America, which engages in acquisition, development and management of properties, have an RSI of 57.08.

On August 2nd, 2016, Retail Properties of America reported net income attributable to common shareholders of $26.2 million, or $0.11 per share, for Q2 2016 compared to $28.3 million, or $0.12 per share, for the same period in 2015. The company's Funds from operations attributable to common shareholders was $73.9 million, or $0.31 per share, compared to $54.1 million, or $0.23 per share, for the same period in 2015. The complimentary report on RPAI can be downloaded at:

http://stock-callers.com/registration/?symbol=RPAI

Pennsylvania Real Estate Investment Trust  

Shares in Philadelphia-based Pennsylvania Real Estate Investment Trust fell 1.56%, closing the session at $24.56. The stock recorded a trading volume of 548,732 shares. The Company's shares have advanced 12.97% in the last one month, 5.99% over the previous three months, and 14.64% on an YTD basis. The stock is trading 10.19% above its 50-day moving average and 16.13% above its 200-day moving average. Furthermore, shares of Pennsylvania Real Estate Investment Trust, which manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States, have an RSI of 64.04.

On July 26th, 2016, Pennsylvania REIT reported that FFO, as adjusted per share, increased by 10.3% YoY to $0.43 in Q2 2016. Net income available to company's common shareholders was $4.2 million for Q2 2016 compared to losses attributable to the company's common shareholders of $34.9 million in the year ago period. EPS was $0.06 for Q2 2016 as compared to losses per share of $0.51 in the year earlier quarter. Sign up for your complimentary report on PEI at:

http://stock-callers.com/registration/?symbol=PEI

Weingarten Realty Investors  

At the close on Thursday, shares in Houston, Texas-based Weingarten Realty Investors finished 0.40% lower at $42.26 and with a total volume of 296,024 shares traded. The stock has advanced 0.84% in the last month, 11.34% in the previous three months, and 24.63% on YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 5.44% and 16.51%, respectively. Additionally, shares of Weingarten Realty Investors, which invests in the real estate markets of United States, have an RSI of 56.19.

On July 01st, 2016, research firm UBS upgraded the Company's stock rating from 'Neutral' to 'Buy'. The research firm also revised upwards its previous target price from $36 per share to $45 per share. Download the research report for free on WRI at:

http://stock-callers.com/registration/?symbol=WRI

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: info@stock-callers.com Phone number:  +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA