Retail Properties of America Inc (RPAI) Director Acquires $56745.00 in Stock

Author

28 May, 2017

Ltd. now owns 149,890 shares of the real estate investment trust's stock worth $2,518,000 after buying an additional 1,300 shares in the last quarter.

Many analysts have provided their estimated foresights on Retail Properties of America, Inc. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in National Retail Properties during the first quarter worth $122,000. First Financial Bank N.A., a Alabama-based fund reported 113,435 shares.#img1#.

More notable recent National Retail Properties, Inc. Independent Advisor Alliance bought a new stake in shares of National Retail Properties during the fourth quarter valued at about $216,000. Virginia Retirement Systems ET AL boosted its position in National Retail Properties by 58.6% in the third quarter. Following the completion of the acquisition, the director now owns 39,392 shares of the company's stock, valued at approximately $505,005.44.

Let's have a look at some of the important valuation ratios of the Retail Properties of America, Inc. (NYSE:NNN) traded up 0.95% during midday trading on Thursday, hitting $38.19. The stock has a 50 day moving average of $42.39 and a 200-day moving average of $43.31. The company has market cap of $5.72 billion. Retail Properties of America Inc has a one year low of $12.30 and a one year high of $17.78. FBR & Co set a $52.00 price objective on National Retail Properties and gave the stock a "buy" rating in a research report on Tuesday, February 14th. The real estate investment trust reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.27. The company had revenue of $142.75 million during the quarter, compared to the consensus estimate of $142.37 million. During the same period in the prior year, the business posted $0.26 EPS. For NNN, the company now has $294.54 Million of cash on the books, which is offset by $ current liabilities.

The chart below shows the one year performance of NNN.PRE shares, versus NNN: Below is a dividend history chart for NNN.PRE, showing historical dividend payments on National Retail Properties Inc's 5.70% Series E Cumulative Redeemable Preferred Stock: In Friday trading, National Retail Properties Inc's 5.70% Series E Cumulative Redeemable Preferred Stock (Symbol: NNN.PRE) is now down about 0.8% on the day, while the common shares (Symbol: NNN) are up about 1.5%.

The firm also recently announced a quarterly dividend, which was paid on Monday, May 15th. This represents a $0.66 annualized dividend and a yield of 5.25%. The ex-dividend date was Wednesday, April 26th. National Retail Properties's dividend payout ratio (DPR) is presently 130.94%. National Retail Properties, Inc.

TRADEMARK VIOLATION NOTICE: This piece was originally published by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this article on another publication, it was illegally copied and republished in violation of global copyright and trademark law. The correct version of this story can be read at https://www.chaffeybreeze.com/2017/05/19/retail-properties-of-america-inc-rpai-rating-lowered-to-sell-at-zacks-investment-research-updated.html.

A number of equities analysts have commented on NNN shares. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range.

Ratings analysis reveals 42% of National Retail Properties's analysts are positive.

According to the latest research reports released, 6 analysts have issued a rating of "buy", 1 analysts "outperform", 8 analysts "hold", 0 analysts "underperform" and 1 analysts "sell". The stock now has a consensus rating of "Hold" and an average price target of $52.67. They now have a United States dollars 43 price target on the stock. (RPAI) stock; watched recent volatility movements, they can see that shares have been recorded at 2.72% for the week, and 2.64% for the last month. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Christopher Paul Tessitore sold 20,000 shares of the firm's stock in a transaction on Monday, March 20th.

ATR value of company was 0.84.

In the past 5 years, the stock showed growth of 32.85% per annum. The disclosure for this purchase can be found here. Over the last three months, insiders sold 102,683 shares of company stock valued at $4,568,050.

About National Retail Properties National Retail Properties, Inc is a real estate investment trust (REIT). The Company's retail properties are primarily located in retail districts.


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