DDR (NYSE:DDR) has climbed 1.85% in the past week and advanced 3.71% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.07% and the outperformance has advanced to 2.76% for the last 4 weeks period.
DDR (NYSE:DDR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.46 and $17.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.61, notching a gain of 0.74% for the day. The total traded volume was 3,129,158 . The stock had closed at $17.48 on the previous day.
The company shares have rallied 10.13% from its 1 Year high price. On May 10, 2016, the shares registered one year high at $18.59 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $17.47 and the 200 Day Moving Average price is recorded at $17.02.
On the companys insider trading activities, The officer (Sr. Exec. Vice President), of Ddr Corp, Freddo Paul W had unloaded 28,939 shares at $18 per share in a transaction on May 5, 2016. The total value of transaction was $520,902. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, KeyBanc, upgrades their rating on the shares of DDR (NYSE:DDR). KeyBanc has a Overweight rating on the shares. Previously, the analysts had a Sector Weight rating on the shares. The rating by the firm was issued on April 15, 2016. Currently the company Insiders own 16.2% of DDR shares according to the proxy statements. Institutional Investors own 90.73% of DDR shares. During last six month period, the net percent change held by insiders has seen a change of -36.99%.
DDR Corp. (DDR) is a self-administered and self-managed real estate investment trust (REIT). The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, the Company engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers. The Company owns and manages approximately 415 shopping centers representing 118 million square feet in 41 states and Puerto Rico. DDR has completed 53 redevelopment projects. Its properties include Eastland Center in California, Easton Market in Ohio and The Maxwell in Illinois.