Pennsylvania R.E.I.T. (PEI) EPS Estimated At $0.37

July 17, 2017 - By Jacob Falcon

 Pennsylvania R.E.I.T. (PEI) EPS Estimated At $0.37
Investors sentiment increased to 1.47 in Q4 2016. Its up 0.36, from 1.11 in 2016Q3. It increased, as 14 investors sold Pennsylvania R.E.I.T. shares while 54 reduced holdings. 31 funds opened positions while 69 raised stakes. 62.71 million shares or 3.49% more from 60.60 million shares in 2016Q3 were reported.
Riverhead Management Ltd Com reported 2,800 shares. Sg Americas Secs Ltd Liability Com, a New York-based fund reported 78,799 shares. Global Endowment Mgmt Lp owns 123,210 shares. Ameriprise Fin invested 0% of its portfolio in Pennsylvania R.E.I.T. (NYSE:PEI). Citadel Advisors Ltd Liability accumulated 0% or 19,427 shares. International Group, a New York-based fund reported 50,267 shares. Howe & Rusling Inc accumulated 954 shares. Tower Ltd Liability Co (Trc) holds 16,397 shares or 0.03% of its portfolio. Strs Ohio has 124,175 shares for 0.01% of their portfolio. Blackrock Incorporated holds 0% in Pennsylvania R.E.I.T. (NYSE:PEI) or 100,480 shares. Capstone Asset Management, a Texas-based fund reported 15,735 shares. Ls Advsr Lc has 0% invested in Pennsylvania R.E.I.T. (NYSE:PEI) for 2,503 shares. Manufacturers Life Insurance The has 46,760 shares. Nomura Asset Management Company Limited holds 0.02% or 46,600 shares in its portfolio. Price T Rowe Assocs Md holds 38,861 shares or 0% of its portfolio.

Since May 30, 2017, it had 3 buys, and 0 selling transactions for $282,200 activity. $115,700 worth of Pennsylvania R.E.I.T. (NYSE:PEI) shares were bought by CORADINO JOSEPH F. $107,600 worth of Pennsylvania R.E.I.T. (NYSE:PEI) was bought by ROBERTS JOHN JOSEPH.

Wall Street await Pennsylvania R.E.I.T. (NYSE:PEI) to release earnings on July, 25. Analysts forecast EPS of $0.37, down exactly $0.06 or 13.95 % from 2014’s $0.43 EPS. The expected PEI’s profit could reach $26.14M giving the stock 8.12 P/E in the case that $0.37 earnings per share is reported. After posting $0.35 EPS for the previous quarter, Pennsylvania R.E.I.T.’s analysts now forecast 5.71 % EPS growth. About 792,093 shares traded. Pennsylvania R.E.I.T. (NYSE:PEI) has declined 47.73% since July 17, 2016 and is downtrending. It has underperformed by 64.43% the S&P500.

Pennsylvania R.E.I.T. (NYSE:PEI) Ratings Coverage

Among 6 analysts covering Pennslyvania Real Estate Investment Trust (NYSE:PEI), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Pennslyvania Real Estate Investment Trust had 9 analyst reports since January 26, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, April 20 by Stifel Nicolaus. The stock of Pennsylvania R.E.I.T. (NYSE:PEI) earned “Underperform” rating by Barclays Capital on Tuesday, January 26. Boenning & Scattergood upgraded Pennsylvania R.E.I.T. (NYSE:PEI) on Wednesday, April 6 to “Outperform” rating. The firm earned “Hold” rating on Monday, December 12 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of PEI in report on Friday, July 14 with “Hold” rating. As per Friday, January 20, the company rating was downgraded by SunTrust. Barclays Capital maintained the shares of PEI in report on Monday, March 7 with “Underweight” rating. Suntrust Robinson downgraded Pennsylvania R.E.I.T. (NYSE:PEI) on Friday, January 20 to “Hold” rating.

Pennsylvania Real Estate Investment Trust is a self-managed and self-administered real estate investment trust (REIT). The company has market cap of $849.10 million. The Company’s primary business is owning and operating retail shopping malls, which it does primarily through operating partnership, PREIT Associates, L.P. (PREIT Associates). It currently has negative earnings. The Firm is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of shopping malls.

More notable recent Pennsylvania R.E.I.T. (NYSE:PEI) news were published by: Seekingalpha.com which released: “Pennsylvania REIT: WACC Is Way Out Of Whack” on June 11, 2017, also Seekingalpha.com with their article: “Pennsylvania REIT: A View From The Perspective Of A Preferred Investor” published on December 19, 2016, Seekingalpha.com published: “An Undeniably Weak Portfolio With Pennsylvania REIT” on June 02, 2017. More interesting news about Pennsylvania R.E.I.T. (NYSE:PEI) were released by: Seekingalpha.com and their article: “Pennsylvania REIT: Time To Liquidate” published on May 22, 2017 as well as Seekingalpha.com‘s news article titled: “Pennsylvania REIT: This Preferred Looks Attractive” with publication date: May 04, 2017.

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